Show news N e Ws review 0 f current events the world over germany fin financial plight worries all oilier Other nations hearings on railway Frei freight glit rate increase begun by EDWARD W PICKARD all the world looked on 1 I with anxious interest A germany was waa plunged into it financial crisis that threatened tile the country with utter economic collapse and made possible even the subversion of the governments government del delay fly in acceptance of tile hoover moratorium by george W france had resulted Me mcdarrah Garrah in the withdrawal of vast tast sums bums from the german bunks banks the conversion of these funds into foreign currency and its removal from tho the country the big Darro und national bank closed its doors primarily because of heavy losses sustained through t the he failure allure of ger banys largest wool bombin g concern dr hans luther president of the rushed from berlin to london and thence to paris seeking aid TM the french government refused to participate in a loan bank unless germany would agree to conditions which berlin regarded as impossible of ace acceptance ehtan e these included suspension of the pocket battleship building pro program grami abandonment of tile tho austro grman customs union further credit restrictions I 1 in germany and relinquishment of any hope hop of regaining danzig and the tha danzig corridor president von nin denburg and his ministers said they aou would id resign rather than submit to these demands luther then flew to basel and laid the case before the bank for international settlements and representatives of american british and french banks gates gatea vf mcgarrah american president of the B D 1 I 8 announced that the directors of that institution had bad agreed to renew its participation in the rediscount credit of accorded to the june 25 and due on jul july 15 this credit was mas advanced jointly by the federal reserve batik bank of 06 th united states the bank of france the bank of england and the world bank the sum was waa wel welcome corbe to luther but it was only a drop in the li bucket ticket which he had to nil fill MEANWHILE the german government ordered nit all I 1 IN banks closed for two days shut up tile the stock exchanges for a week and decreed a two day moratorium it thus checked the exodus of capital and the transfer of marks LIM into foreign currencies or securities for tile the hans i luther hr time being there was some rioting but in general the german people exhibited the culm calmness ness of despair dc the authorities cannot believe that america and the other nations of europe would permit the lu in solvency eol vency of germany and the decree issued by president von III andenburg nd enburg stressed the fact that the crisis was largely meto metaphysical physical and due to lack of public confidence at the suggestion of the french government an important conference was waa held in paris saturday and sunday the chief participants front other nations being chancellor bruening and foreign minister curtius of germany foreign secretary henderson Ue of england and secretary Sti nison of tile united states this was a preliminary to a conference in london colled called for or july 20 by the british government to represent the united states it the latter president hoover designated secretaries Secreta stimson and abellon it was understood they would not concern themselves with matters of Fur Kurop european can politics and mr sou Kurop can and sou stimson already had explained that this government not participate in a loan to germany that matter resting entirely with the federal reserve and private banks president hoover kept in close touch with tile the german situation but it was the al view in washington that germany must help herself by strong measures and that in the matter of outside assistance europe roust must take the lend lead mr hoover took the position that in bringing about the moratorium he be had done nil all that lie he and properly could do france refuses to be abashed tib asbed by the it i attacks on her apparent jhoward toward germany she holds that her ber idamanda are fully j Ju stIlled and that they tend to promote the cause of world disarmament and to assure so ee carity for europe in general and france franca in n particular T ION was ordered by fcc detary of commerce lamont into charged cliar Rca made by dr hay JO lie he had been dismissed from the department part ment for protesting against falsification fi of tile the recently issued report on the balance of international payments ruP lits who prepared roost most of of the report alleged figures were juggled and deletions made political expediency lie ile said particularly that a comment to the effect tha that impending in pending tariff legislation possibly was in part responsible for merchandise imports h holding up relatively well during tile the first half bolt of the fiscal year 1030 1930 had been omitted in the publication the point he had endeavored to bring out and which he said was waa omitted emitted was that in fit anticipation of rates later foreign shippers had sent greater quantities of goods to this country during the he first part of the fiscal your year than otherwise would have been tile the case RAILWAY AILWAY officials ix shippers and other interested persons U gathered in washington for the hearings before the interstate commerce commission on oil tile the application of the railroads for an increase of 15 per cent in rates on all freight traffic le it Is ezra brainard alnard Br one of the biggest jr questions tuat tant chairman ezra brainerd jr and life hla fellow commiss commissioners loners have had to handlo for some borne taw there was no disposition to question the fact that the railroads are in a sad financial plight tito problem Is to find the remedy in the first five months of this year the class ono one railroads had a net railway operating income of or per cent on their property investment aud and 44 of tho the roads roada operated at a loss of which 14 were in the eastern 0 in the bouthern arid and the western district conforming to tile the wish of president hoover that existing wage settles scales be maintained tho the roads ore seeking an increase of revenue in increased rates but their executives have made it plain that it if this la Is not granted wages will have to come down many shippers have let the commission know that they favor the latter alternative asserting that they cannot bear higher transportation charges president hoover has taken no part in tile the controversy but secretary of agriculture hyde has ains publicly asked the commission to take into consideration the fact that while the revenue of the railroads dropped 10 16 per cent last year the revenue of tile the farmers dropped 20 per cent that farm prices are down to prewar pre war le levels V while freight rates are rela relatively y high that with many products taxes manufacturing costs and railroad rates can be passed on oil to the con conduro surn ere but that the farmer cannot pass his bis costs costa on in ili nn an effort to determine whether certa certain in practices of tile railroads are consistent with economical and eu clent management tho the interstate commerce commission announced that it would conduct nn an investigation on its own motion into practices of car hers which affect their operating revenues and ex expenses among tile practices the commission la Is investigating are prices paid for railroad fuel and the handling of coal at tidewater ports lake coal private freight frel git cars tile spotting of cars at industries and the construction and maintenance of sidings for shippers SOVIET russia has taken another ste step in its return toward old time ways it has been decreed by the peo peoples pies for or agriculture that payment to workers on Rus collective forms forma shall henceforth be made only on tile the basis ot of quality and quantity of work performed tito the measure Is designed to increase the imata material interestedness interest can ess of the farmers and thus enlarge production heretofore collective farmers have been paid partly in money from farm earn earning lug and partly in produce according to the size and needs of their farr many taking their share of produce at the outset of tills harfest harf cst these factors combined with inadequate organization tind rind management of farms were cited la in the decree as responsible for a break I 1 in n labor discipline and consequent losses from the harvest 0 EDWARDS democrat c representative in congress of the first georgia district died suddenly of cerebral in atlanta ue lie w was a a fifty three years old and ills his home was vas in Sn savannah yannah mr edwards death restores to two the republican majority in tile lie house lie ile was the seventh member of that body to dle die since tile the election the republicans now have members to for the democrats and one fanner laborite there are arc only ss six vacancies for that caused by the death of aswell of 10 louisiana U has been filled by the election of another democrat john 0 verton alias GE GEORGE ENDRES and C CARTS alexander magyar of the hungarian army made a remarkable n nonstop on flight front from harbor arbor grace N F to w within t hi n 14 miles of budapest that city was their goal but their fuel ran out just before it was reached joseph lebrix and marcel do ret two famous french aviators set out on a nonstop non stop flight from paris to tokyo hoping to make the miles in 02 hours ho urs they were making good progress when they were ere forced down in siberia miles from ir kudsk the plane piano was ruined and le brax was slightly injured THREE tatter TIREE independent investigators after a tour of the pennsylvania ohio coal fields where the miners are on strike declared that the people of pittsburgh are entirely live of the gravity of the situation if they do not awaken soon they will shortly find themselves faced with wilh a civil strife unparalleled in the coal industry the investigators were dr colston E warne of amherst college dr william wililam ii nunn of new york university and mauritz associate editor of the publication the nation C CHILE has a new cabinet headed by pedro Blan quler who besides being premier Is minister of finance Blan quler was f formerly fin finance tince and public works minister as well as director of the state railways ile he Is regarded as an efficient technical man and it Is believed in santiago that he can find the remedy for the precarious state of chilean finances 0 ONE NE more report from tile wickersham commission has been made public it deals with methods of criminal procedure and an interesting paragraph denounces as shocking to ones sense of justice the laws lawa under which the famous bigoney case was conducted the commission cites the case arising from the 1910 preparedness day bombing in san francisco abone in which motions for a new trial were held inadequate to prevent injustice it makes no direct recommendation however that the case be reopened in the alie body of its report signed by ten of the eleven members the coin commission concludes that blame should be laid at the door of incompetent or politics ridden judges for much of the general complaint against this count country rys 8 criminal procedure monte al M lemann new orleans lawyer who declined to sign the commissions prohibition report likewise refused to sign this ills document ile he charges that the report was made without sufficient clent research to brek beck up the conclusions reached V VIRTUALLY the father of the army air service brig gen benjamin Z D foulois Fou lols will next december reap the reward of ills his ton long and earnest labors the war department announced his bis promotion to succeed maj gen james E H fechet ns As chief of the army gen air corps effective december 20 when general fechet Fech ets term aarm eipl expires res foul foulois will then become becom a major general tie he was one of the plon pioneers liers in the development of aviation through association with the wryght brothers lie ile lew flew the first airplane and the first dirigible balloon purchased for the army and in 1010 when tile appropriation for the air service was only 1150 lie he contributed from his own pay to make up a deficit lie ile organized the first drat flying unit the army estr had As assistant chief of tile the corps lie he supervised the gigantic air maneuvers along the atlantic coast last may ALBERT abary LBERT B FALL former secretary of the interior was ordered by the department of justice to be committed to the new mexico penitentiary tent iary lary to serve out the lie term to which he was sentenced on ills his conviction in the elk icilla bribery case in order that fall because of incipient tuberculosis might serve ills his term in the southwest ills his sentence of a year in jail was changed to a year and ft a day by justice jennings ballel bahlev of the district of columbia supreme court a 10 ll 11 M western ewD aper union intermountain news briefly told by busy readers TO BUILD DREDGE PLAN NEW RESERVOIR GOLD MINING ACTIVITY TAX REDUCTION DENIED PROVO UT the seventh annual premium list of the utah county fair an attractive 70 P age booklet featuring the spirit of 1849 and the of 1931 has come from the press W ARREN IDA tho the california dredging company la Is building a big dredge on the meadows just bolow below here this activity Is causing warren to boom again not like the old gold rush days but in a surer and more safe bate way CALDWELL IDA though unimproved the 1 I 0 N highway a route shortening the distance from this section tp california several hundred miles Is rapidly into use CHEYENNE WYO A survey of available water la Is being made here and a conservation program la Is being planned in an effort to make mak e it go As aa far as possible A similar plan Is already in use on the laramie river MANTI UT cheaper prices and plenty of available labor has led to considerable building in mantl tl recently Cn ALLIS IDA one of the largest mining deals in idaho was waa closed when the george Z blackmon group pt of claims in washington basin in the east fork mining district was sold to a chicago concern LOGAN UT the contract has been let to belll an all addition to the city light substation sub station to house the new diesel unit recently purchased by the city of logan SUGAR CITY IDA organization of the grand teton Reger reservoir voir company whose objective la Is irrigation development in the upper snake river valley country has bag been announced noun ced the concern contemplator the building of a feet storage reservoir on the teton river OGDEN UT ogden chamber of commerce officials have received word from Mexico City that a concert will probably bo be presented in ogden by the mexican presidential band about august 10 16 the band Is making a good will tour of the united states LEWISTON IDA with baser metals in the dumps on the world markets the attention lorL of the mining world is turning towards gold and many observers ob servera anticipate a revival 1 of the gold mining industry in idaho examination of tile the gold bearing quartz claims of the elk city area have been underway for sometime OGDEN UT A plea pica of the american packing provision company of ogden for a reduction in freight rates on hogs in single ank carloads shipped by the company from points on the union pacific railroad in nebraska colorado and wyoming to south omaha bebr has been grained hy by the inter state commerce commission MANTI UT LT considerable work has boen been lone done on the community camp grounds in mantl manti canyon to add to the convenience and pleasure of campers SALT LAKE CITY UT business conditions are viewed with optimism by the los log angeles chamber of commane com mene meme it is shown in a report of ft a recent survey VERNAL UT tho U S government with the help of the state district |