Show news review of current events the world over 7 congress E eager ager to adjourn passes relief bill designed d to suit president Al meaning caning of lausanne agreement new franco british accord alv EDWARD W PICKARD GARNER having established S his pet campaign issue of government loans to individuals was content to let stand president flo hoovers overs veto of the wagner garner relief bill containing that feature no attempt wits was made in either house or to pass tile the morts nioaka h tire over the veto and both chambers speedily prepared and passed new bills designed to conform in tho the maln main to the presidents wishes mr sen wagner garner no assuming suming that most or of you gentlemen would like to go home fixed things so BO the two bills were sent to immediate conference so BO the differences feren ces could bo be ironed out and congress could adjourn in the senate tho the remaking of tho the monsure measure was managed largely by senator wagner of now hew york one amendment adopted at tho the instance of senator glass glasa would permit federal reserve banks for it 11 two year period by vote of tho the federal reserve board and in unusual and exigent circum stances to make loana loans to any individual or corporation unable to secure credit from other banking institutions this tit at first was repugnant to tile president but ho he changed his mind over night and informed senator glass would not object to its inclusion in the measure in other respects savo save for minor variations the to Is much the same as the ono one mr hoover vetoed with the garner loan clause omitted REAT BRITAIN and france announced CHEAT Gnoun ced a new understanding known as a confidence accord which the french regard as a renewal 0 of f the entente cordiale cord lale they agree to work together for the restoration of europe and to keep each other mutually tu ally informed of questions coming to their notice similar to that now so 0 o happily settled at lausanne sir john simon telling parliament of the accord said flatly dally it has nothing to do with tho the war debts duo due the united states from britain and france adding if tile the french people believe such Is im the case they will bo be quickly undeceived 11 on the other otheir hand when premier Iter riot announced the agreement in paris he declared that great britain cannot now under j take to negotiate a now debt settlement with america without first consulting alting france simon said the pact was not intended to be exclusive and that germany italy and belgium hall had been invited to associate in its provisions with france and britain Is save saved d again subject to E EUROPE ratification 0 of f the lausanne agreement as aa wintson churchill declared in the british house housa of commons and ratification la is subject to cancellation V cel lation or heavy reduction of the war debts the european nations owe the unit i ed states no european power has directly 44 proposed to tile the 1 1 united states a revision of those debts but such action la Is hoped for and even expected by states whiston men of the former at al churchill lied nations of oc europe the sentiment in waal washington Is absolutely against cancellation that in a nutshell Is tho the status concerning the pact signed at lausanne by the european powers whereby germany la Is to be relieved of all obligations in the way of reparations on puy payment of a lump sum of gold marks about at the bame time that they initialed this athla agreement the representatives senta tives of germanys germanas Germ anys chief creditors signed a secret pact that their respective parliaments would not ratify the treaty un til the united states had red the question of reducing the debts due her from europe and if americas decision Is adverse to such reduction the lausanne treaty becomes of no effect and the reparations situation reverts to its former status under ander the young foung settlement the german government declared germany had nothing whatever to do wath ath tile the agreement churchill vigorously attacked the proceedings at lausanne ife ealco sal khat abat from his knowledge of public opinion to america he believed no more unfortunate approach toward debt cancellation could have been made 1 l prime Bl minister InIster macdonald and chancellor of the exchequer chamberlain both replied to the tit attacks tacks of Chir churchill chirchillo chill and others the latter said bad pwe ye are are still tandy to cancel 4 1 all 1 debts due J us if i states It 11 1813 I 1 aide to c cancel alicel all debts itji baue due efer A our offer Is still open it if a IN awl still mus to pay more 0 thin than we ha rack received wo we J must 1 id wo are are going to r do before wo we know what america will propose to do in tho the mutter matter it would be unreasonable for or us to consent to cancel tho the debts of our european allies though tho the agreement reduces germanys germanas Germ anys liabilities in tile tho way of reparations to about one per cent it does docs not remove from oer ger many tile tho of having been solely to blame for or the world war therefore it Is 18 rejected by hillers Hit lers tiers nazis and Is distasteful to the hitler declared that the now treaty will not bo be worth three marks within six months tho the german cabinet approved chancellor von lapens action in signing tile tho treaty treats AGREEMENT d agreement aRE EMENT with tho the governments 1 A of tile alio dominion of canada and ontario on tile tho st SL lawrence seaways project was on tho the verge or of being completed but presumably would w 0 u I 1 d not bo be in time for or action by tho the senate nt at this session premier f bleary of ontario 0 it t a r I 1 0 A 4 i said it would bo be s signed I 1 R a 0 d within a week or so dont dent hoover had directed tile efforts to 3 bring tile tho matter to a speedy conclusion hanford and hanford mac MaeN lder N I 1 d e r minister to canada was in washington assisting tho the state department in tile tho negotiations in which secretary stimson Can canadian adlan minister her ridge james grafton rogers assistant secretary of state in charge of tho the st lawrence plan and jolin john richer son tho the departments expert on canadian affairs were especially active an interesting incident was the offer of gov franklin D roosevelt to go to washington and help president hoover in expediting the negotiations tile the president immediately and politely refused the offer advising tile the governor to go ahead with his vacation cation cruise because international treaties fall tinder tho the jurisdiction of the tha federal government ROOSEVELT LT did pro GOVERNOR U coed aced with hla his cruise salting sailing with his three sons up the now new england coast and bearing a figurative olive branch nt at the masthead for he ha was in A al smith waters ills 88 38 foot yawl myth 11 put in for or tile tho first night ail at morris cove near new haven and proceeded thence to stonington conn there he met J harold mcgrath rhode island state chairman and others from that state to whom he said 1 I not only fully understand tinder stand but greatly appreciate rhode islands standing by our old friend governor smith in the convention and I 1 know now I 1 am going to receive the same display of loyalty ills visitors assured him he would carry rhode wand and in further conversation roosevelt made it plain that ho he was glad to forget past dissensions sen sens lons the governors next nest stop was at woods nolo holo in massachusetts and there too he made a bid for support from smiths strong friends continuing along up the coast in leisurely fashion lie ho was due to reach fl fla ampton beach N new ow hampshire on sunday and there ore the opening gun of his campaign IMMEDIATE does not mean now in the lexicon of the democrats in the senate twice they were given the opportunity to vote for immediate legalization of beer in accordance with their national party platform and twice they refused their intention now achieved was to put off the test until after tile tho november election their excuse was that they should not be called on to rote on the proposition until an authoritative definition of an intoxicant could be obtained senator Bing ginghams hams beer bill was burled in committee and later senator sheppard of texas prevented consideration of a reso resolution lution offered by bingham instructing ting cUng the surgeon general of the united states to poll leading physicians and physiologists as to their opinion of nf what constituted an intoxicating beverage ahurst of arizona then took a hand the senator from connecticut lie he chided clil ded has been attempting to do what he called test the sincerity of the democratic senators never did lie he apply a true test let me tell teji him how let him introduce a joint resolution proposing to amend the constitution by abolishing the eighteenth amendment and lot let tile the roll be called there will be no attempt on the part of the democratic senators to avoid their platform whereupon the wily bingham immediately produced just such a resolution and asked unanimous consent to call it up for action senators robinson and watson minority and majority leaders agreed this was not the proper occasion pr r such a measure io so the resolution J on remal remained ned on the w table 7 mr N MOTION of senator couzens of 0 ON tile senate appointed a committee of five senators natora ee to investigate loans by tile the ruction fl nanco corporation the inquiry will bd conducted in secret and a report will not be made until next january jannary administration senators throw threw their support to the couzens plan to head off a resolution by senator norris of nebraska for immediate publicity of all loans critical references were made during the debate by senators couzens and to an loan by tile the corporation to what was wai called the dawes bank in chicago NETHER smith reynolds reynold young WHETHER heir to tho the great tobacco for tuno tune coult nIttA suicide in hla his home nt at winston salem N 0 or was murdered Is still unsettled the coroners jury found lie ho came to his death nt at tho the hands of persons unknown tind so BO his kz widow the former libby II 11 holman 0 1 m a n of stage fame and ills his chum anil and secretary secret nry c albert walker were set free by tile tho pollee police hut but sheriff transou M mr rs reynolds scott says the case la Is by no means closed and the authorities will continue contil lue their inquiry into tho the suspicious stances surrounding tho the tragedy the case la Is sensational in tile the extreme and the details have llred filled many columns in tho the newspapers mrs Heyn olM weeping and near collapse departed from winston salem with her parents for cincinnati their home and was expected to go from there to some secluded place tit in tho lie mountains leading lawyers agree that her unborn child if born alive will bo be a legitimate heir to the left in trust to young reynolds by his fattier father though there Is 13 a possibility that this childs chanco chance to inherit might bo be ed cd by a settlement which smith reynolds ney nolda gave ills hla first child when her mother obtained a divorce in any caso case it does docs not seem that lib by holman to Is due to receive any considerable part of the big estate 1 RU experienced nn an attempt at PERU P revolution when it lot of civilian communists led by army officers rebelled against agat rift the government and seized we important commercial city of trujillo dut but within a few days loyal troops had bad bombed them into submission and recaptured the city brazil was not having so no easy a time with a revolutionary movement that broke out in the state of sno sao paulo with the expressed intention of overthrowing the government of provisional president gerullo vargas tho the city of sao paulo was occupied by tho the insurgents and it was reported that they had bad been joined by federal troops sent against them VER in belgium tho the government OVER 0 was having a serious time with striking miners led by communists thero were several bloody conflicts between them and the troops especially in the charleroy Cliar Char lerol lerot area and there was danger that a general walkout of workers throughout the country would ensue factory hands in tho the flanders textile region were joining tho the strikers king albert returned from a vacation in switzerland to take charge of the situation 14 JULY 21 1 I thero there will open in ON 0 ottawa the economic conference of tho the british empire which givel promise of being one of the most important gatherings of Us its kind ever held almost one quarter 0 of f A tk p the worlds population will be represented Z and it Is the hope of britain that the conference will succeed in diverting about one third of t the h e worlds trade to great gr c a britain and her d dominions to the disadvantage of the unit R B 9 bennett ed Sta states argon argen ali tina and other countries nov holding a considerable share of the british commonwealth trade this hope in the opinion of competent observers will scarcely bo be realized it B bennett prime minister of canada Is hobt to the conference and ho he has this to say of its objects and ambitions the imperial economic conference should devote its energies und and abilities with a common purpose and whole heared eal to deepening the channels of intra imperial trade by judicious adjustments of tariffs and other measures which will aim to create a larger volume of mutually profitable trade between the different units of tho empire than now norv exists and to make their unrivaled resources available in greater degree for the diffusion of a higher standard of well being among its citizens than they now enjoy among tile tho highly interested unofficial observers will be those from tile tho united states eager to know what will b be e tile the results of the present tariff law that Is almed aimed largely at canada it Is known in ottawa and in washington that mr bennatt to la ready to say to tho the english delegates olve us a preference in your market and we will give you free entry of goods not produced in tile the dominion 11 which would te le asad aad blow to the united stat 41 f pan if it were not noi for tho the english Nn glish manufacturer fac would be bb handicapped by transportation charges 0 W onion UZ 1011 |