Show t f news diw review of current events the world Worl dOve over r far farm board to abandon efforts to stabilize wheat prices i r austro german customs union uni oil stirs protests by EDWARD W IlC KARD NO MORE monn attempts t to it stabilize the price of 0 wheat by large purchases hasea on the open marker marked will be made under the auspices of tile the federal fed era farm farin board after UK IN 1930 crop la Is mart marketed eted which h probably will be done by may 31 tl tah was I 1 the lie n n no noun chii cut of tile the sarg sam H board whose new n e T thompson chali chair man tunics james C stone and new member sant sam II 11 1 thompson ho of illinois have just taken loftice in making its decision known knee n the board pointed to its post past purchases of targe large wheat stocks and as that t it cannot indefinitely buy more than it sells nor indefinitely hold wa what at it has ills bought farmers must know tile he board continued that it can cannot n follow a regular policy of buying at prices above the market and jelling below cost coit no definite sales policy for its pros pres e ent n t big wheat theat holdings was announced by the board there were indolent indications lons however that should the farmers dis play a tendency t to help themselves by restricting wheat acreage aci enge the lie disposal I 1 s of the IOTO 1030 crop crap holdings would be spread over a long period and vold cold slowly in the market the immediate eff effect act of the was of course a sharp break arill indices ees on the chicago board of trade wheat deferred futures reached the lom lowest est levels since 1895 july tou touched clied and september went down to CO 60 cents there them was quick recovery however when ft hen tile the corpora corporation tion announced no aced this ilits plan effective april 1 the corpor corporation ailon will quote a selling price of bf cents a B bushel f fi 0 b no 2 hard winter wheat at chicago tor for ordinary qualley qu allty with premiums asked or grain of high protein and quality cala price will be advanced 14 cent a bushel on april 10 and A cent a bushel every ten days thereafter until june une 30 the date which marks the expiration pi ration of the current crop year in washington it was asserted that it was now certain that farm relief legislation would be a major issue during the next lesston of congress con gres and something new in this line may he be devised senator borah Is arg antly supporting the export debenc debenture ore plan and senator watson of indiana prefers the equalization equall atlon fee scheme senator manury also likes the latter program but says he cannot see how it will help solve the present lem in the face 0 01 the world wheat surplus president hoover ts is opposed to both these plans borah suggests that the present wheat surplus in this country be seni sent to china or destroyed tile the european powers will not let it be dumped on their markets J JIMMY I 1 M al V M MAYOR walker of new york has been given the opportunity to examine and reply to the charges of rals ea ianca and negligence in office filed against him gov franklin roosevelt found him himself in a difficult position when I 1 asked to oust the mayor walker mayor or refer the matter to the state legislature for an inquiry but he extricated himself by the simple expedient of forwarding the charges char gesto to jimmy at his retreat in palm springs calif and asking him to make answer when he returned to new york however wever the affairs of the metropolis are to be thoroughly investigated and tammany may be approaching one of its temporary emp eclipses the state senate by the strIctly party vole vo le of 20 to 24 adopted a resolution for an investigation by a legislative committee consisting of three senators and four assemblymen assemblyman assembly men find and after a protracted debate tile assembly con burred with the senate the vote rote held being g 70 to 70 the ahe action of a the senate was a surprise to tile the democrats for mastick llast lck and westall the two republican westchester senators who ft ho had formerly blocked such a resolution suddenly shifted their votes und went along with belr their colleagues their change of mind occurred when william L ward westchester republican leala dropped his opposition to the tha inquiry following telephone conversations with prominent republicans of new york city the investigation is to include all departments of tho the municipal government and the inferior courts national importance la Is given tills this new ark scandal by its possible effect on the democratic bartys notion action to in the national convention next nert year it may greatly promote the chances of franklin roosevelt for the presidential nomination or it may ruin them ile he would be favored by those parts of the country in which the democrats are politically dry it if b h were nere treed freed from the tammany brand rut but AI A smith Is said to be cold to his candidacy randl randi dacy and national chairman Is reported to be strongly in favor avor of giving the nomination to owen owea D young tammany itself Is a split spilt into two factions one headed bended by mayor walker anti and john V F curry and the oilier by at al smith 14 EOR olt two years the treasury depart dep irl 1 11 lent has haa been beca investigating diaries charge that lint european safety anat match manufacturers were disposing of their products fn an tills this country nt lit low prices to tile the injury of Joi producers evidently the ciares charges li ares were found to be true for secretary mellon issued an antl anil order against the importation por tation of safety matches from elg eight ht countries such action previously had been takegi against Itus snatches tile the latest notions larre c tell are finland norway y Es sweden lutila austria llo llund and poland u c OUT the talt throughout battle ta 9 maneuvers man euers 1 pt of rne american fleet j lu hi panama waters secretary of the navy charles rands francis ad anik allm was n deeply in te crp rested sied observer ne return returned ed to washing ton with th the firm con diction thab not with standing the he develop ident of aviation the secretary Is still the adams adama backbone of n modern d lighting fighting fleets these big surface ves sets sels are essential cogs to in our naval lighting fighting forces said bald mr adams and tits his opinion coincides with those of the leading naval who parti in or watched the maneuvers in reports filed at the navy department such officers as admiral william V pratt chief of naval operations rear admiral joseph B reeves and rear admiral mark A bristol chairman of the executive committee of the anvy general board agree that with without out battleship strength the united states would be powerless to prevent a major hostile movement across the ocean ocean directed at this country ERMANY and austria have announced G GERMANY t that hot they are about to consummate it a customs union and have caused great disturbances in the so called chancelleries chancell eries of europe great britain france italy and especially czechoslovakia have protested against the move and according to report some of them have warned the two nations not to go ahead with their plan the british position Is that it wit Is a vlola viola tion of the protocol of 1022 in n which tile the league of nations reorganized austrian flounces and austria agreed to give equal takht to all countries the french italians and czechs czecho fear the proposed union Is the first step toward the political union of germany and austria which would violate the peace treaty the czechs czecho are trying to bring the other countries of the little entente to their point ol of view and the two germanic nations have invited czechoslovakia rumania and to enter economic combination bin atlon with them when the french british and italian ambassadors questioned foreign agn minister curtius in berlin he replied in effect that germany won would d not back down dinits in ts determination to put tile the tariff union into effect but he assured them that this in no way heralded added an eventual political unification with Auit austria irl it was tolerably evident that germany was willing to carry the matter to the world court at the hague arland french foreign minister was placed in an embarrassing mbarr assing position for the austro german plan Is really a start toward his bis great scheme of an economic union of all europe lu in which there be no walls walla of the illinois prohibition R REPEAL law and t the lie search and seizure act was completed by the state se senate note by a vote of 20 to 24 the house had previously passed thi the repeat repeal act 01 to rg BO L abor 0 ORGANIZED in IB the united states Is prepared to fight with all the strength it possesses any attempts to reduce 0 M wages such Is tile the assertion of william wililam green president U of the american federation of labor in a statement issued in wash washington nguon he said wm na gret green in ange have beer been favored and encouraged by bankers and some borne employers whose desire for standard profits has overcome their better judgment it they are persisted in a return to normal conditions will be delayed tor for two years or more it ts to only through the deve dev lopit tent of the ilie purchasing power of working people to the highest ble point that a m wirtel arlet tet can be found for foi the goods which we are producing to la an ever increasing volume in the light of these facts fact the american federation of labor con calves it to be Us its duty to resist with nil all the influence and power at its command any attempt on the part of em J players to reduce wages vadea furthermore lt it will he be tile the policy of the american federation of labor to direct its efforts effort when favorable conditions condl tlona per alt it toward oward t compelling those employers e osof of labor who love lave reduced wages dur during ng this period of unemployment to restore them rationalists of porto rico received mcelvea nationalists no encouragement from president ll hoover when he landed at san juan and delivered his darst address which was made to th thu island legislature on the contrary he ce dwelt on the lie inn benefits that ati island had lerned from its rule by the united states predicted line fine things for its future and pledged the he support and ico co I 1 I 1 n or of ills his administration toward continued porto rican progress the island tsI tind said the president has in the co course arse of a generation emerged tram from stagnation to a high ville place e in in the march of progress 1 and constitutes e now 1 a ml example of what a capable anti and intelligent people n may toy accomplish under tree free institutions mr hoover praised the efforts of gov theodore roosevelt to t 0 secure new channels of livelihood tor for the irlandi s increased population i president hoovers reception to in san juan and i everywhere else his automobile tour of the island took him was enthusiastic wednesday was spent pent 1 at st SL thomas capital capit jay jot of the th kovl virgin 1 r g in islands where the people welcomed him respectfully and told him film plainly the needs of the i little group that has haa just been placed under thel the control of the da department of the interior that night the arizona began a leisurely return to norfolk r NOR M i man governor of the bank of england came to the united states frills friday on one of his frequent quiet visits having tittle little to say to the press as aa usual ills nir arrival rival in iii t e r e a t e d alna financiers niters deeply for etwas believed he be would buld go to washington and that M M M norman then or soa g there aft er president coover would issue the call tor for tha international silver conference which was given authorization by the last las congress silver has haa been in a parlous state for many many for while production has not greatly creati increased the sales by india on KB its return to the he gold standard and by other countries countries for the purpose of lessening the sliver silver content of their coinage ages s have glutted the market la im 1926 its price was 62 cents an ounce band and it now sells tor for about half that it was waa thought mr norman might discuss the plan offered by francis H brownell chairman of the board of 0 the american smelting smelling Sm elting and refining company this scheme proposes that the united states england including india france including indochina indo china and as many other governments as possible arrive at a gentleman gent lemans agreement that no sale will be made for or a stated period say three years or until further notice of any silver now or hereafter owned by each government ern ment at less than some fixed price say for example 50 cents per ounce second an understanding that those ithone governments will purchase the amount of sliver silver they are now authorized zed by law to purchase for subsidiary coinage whenever the price of gliver allver in athe open market Is in below the figure tabe to be agreed upon as above 60 cents per ounce for example third as compensation for agreeing and to prevent too rapid it a rise an understanding that the governments ern ments and particularly india may sell government owned sliver silver whenever the price Is more than say any five cents above the figure agreed upon as above of the S treasury andrew W it V mellon A le to I 1 n celebrated C e I 1 his seventy e v e n t y sixth birthday b irs aday on tuesday and the day was made mada notable by the joint sward award to him and ills his bretler richard B mellon of the medal of the american institute of chemists though neither of andrew W them Is a scientist mellon they are thus honored as pioneer patrons of science who hare halve given millions of dollars to promote it during the last score of years much of 0 the practical results of the mellon gifts have come from the mellon institute of industrial research which which they established at the university of pittsburgh in 1013 there all industry and many branches of science are furnished a place to make discoveries the mellons do not usually pay for these researches nor receive any credit for them although they furnish an important part of the scientific machinery the mellon institute says dr frederick C E breithut Brel president of tha like institute of chemists la is the west point of our industrial system sold assisting st the united states to attain and hold its foremost iosi position tion amongst the industrial nations of the world its ita activities have assisted in bringing to the united tates flutes the largest chemical industry in the world what andrew W mellon and richard B mellon nave done has become more or less a part of at our industrial fabric and technological organization but it required great vision and courage to see this 20 years ago when research was waa still merely an unwelcome stepchild in most of our oar industries at 1121 union |