| Show I ECONOMIC HIGHLIGHTS I Happenings s that at affect t the din din din- rel ier r pails Dividend checks and tax I bills of every very individual National I and inseparable international problems in pp l arable amble from local loc welfare I I It is rather difficult to realize that hat the new administration came Into power less leas than three tInee month a ago o So rapidly rapi l have events moved I ed cd and so definite and manifold have h vc been heen le legislative proposals do- do dc signed to start and speed recovery that the Roosevelt policies seem sem to I have I dominated the countr country long long- longor or r than they really have A survey of what has been Sc- Sc accomplished ac accomplished is interesting It re- re reveals reveals re reveals The TAXATION TAXATION The Economy Act gave the President powers to re-duco re Ye- Ye duce go costs Steps taken havo have saved swed n a year ear in compensation and pension pa payments ments and in Fed Fed- Federal Federal Federal eral salaries Department reorganization m- m COO to save additional GOO GOO- farm I I II i I recently passed embraces Provisions for reduction of acre acreage acre acre- age cc taxes on wheat corn cotton hogs and other basic farm pro pro- pro I ducts products to bring prices to a parity with the price level and control of marketing through h ii- ii iiI li licenses I censes ceases and supervised a agreements amon among producers processors and distributors rs Pending now is a proposal for refinancing of farm es I The TARIFF TARIFF The President through the Washington on Conferences has achieved a tariff truce amon among the maor major nations to last until the World Economic conference has I been completed and is expected to I Use the power of the United State States I to create a agreements for lag ing stimulating in world trade UNEMPLOYMENT A A Civilian Conservation Corps has been boon credit creat created credited ed to provide work for men in In the national forests A draft for a public works program on a gigantic i scale has been pro pre prepared pre prepared pared Moves are on foot to create a new new- relationship between go go- go sov v- v and business to lift anti anti- antitrust antitrust trust law provisions to permit in- in industrial in in industrial expansion and eliminate needless wast wasta vaste that comes from throat cut throat competition NATIONAL DEFENSE Cuts DEFENSE Cutsin I in army and navy y appropriations will ViII total apprOximately I O Final decision on military ex- ex expenditures ex expenditures exI I will depend on agree agree- a agreements agreements ee I ments made with other powers I BANKING Following BANKING BANKING Following the na- na national national na national bank holiday the President took the United States off the gold standard by forbidding shipment of gold old abroad refusing to pay U US S obligations in gold old and by mak mak- making mak- mak making making ing the hoarding of gold rold or old j certificates a n major felony Plans are arc now on foot for legislation le to guarantee pa payment ment of deposits in insolvent insolvent insolvent solvent banks FOREIGN The POLICY POLICY The United States will stand firmly for inter inter- international international national relations The CURRENCY CURRENCY The Democratic platform called for a sound cur cur- currency currency cur currency rency But the in inflation rider to president the farm bill permits the dent to issue new money as he be- be believes believes be believes it is needed lower gold cold con con- content content content tent of dollar etc It is affirmed that Mr Roosevelt will not us use this power unless in his opinion no other revenues are left I It is obvious that the success of any administration depends on lh the support of Congress and the friend liness of the general public So far farMr I Mr Roosevelt has had both ir both in indeed deed Congress has been complete complete- ly completely supine to his demands Re- Re Recently Recently Re Recently tho the first signs of organized opposition appeared As yet this opposition has bas been powerless in the White House in- in influence influence in influence fluence and the President is easily easily easily ily assured of desired support The President made his first pub lie Bc statement on world peace a short time lime a ago o It was a n diplomatic sensation without advance publicity publicity city publicity to 54 foreign n capitals Bull Bulk Bullof of the speech was plainly address address- addressed addressed ed to w which Germany Germany which ich means in iii L these days to Chancellor Hitler Mr Roosevelt asked the nations to i give up all offense war weapons and to keep only those vital to Ho lie denounced foreign in- in invasion invasion invasion at a time when Japan is apparently determined to take all it can of China He denounced al- al also also al also so Petty national aims at n a time I when a spirit of nationalism is gripping grippin European powers Next da day Chancellor Hitler made madea mad mada a speech agreed with Mr Roose Roosevelt but velt-but velt but again said that unless Germany were permitted to arm re-arm re-armand re and the tho provisions provisions of the Versailles les Treaty were abrogated she eh would resign si n from irom the League Langue of o Nations His tone however was a I much more conciliatory than was was It It was apparent that the thc European powers are looking to te t America to lead lend the th fi fight ht for world work 1 I a revival of oJ trust trusi fc between peoples and a permanent i pence peace With a membership of 50 60 the thi th i Cussing Anti club of ot Mountain Mountair i S I Home Ark has vowed to wipe t i iS d S |
