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Show THE LEHI SUN. LEIII, UTAH - , - mt 1 " News Review of Current Events the World Over Roosevelt Directs Buying of Gold in World Markets to Boost Commodity Prices Administrator Hopkins on Winter Relief Needs. By EDWARD W. PICKARD BUYING of newly mined American Ameri-can gold at prices above pre-Tailing pre-Tailing figure did not prove o efficacious la boosting commodity prices as the ad- ministration bad boped, so rresiaeui Roosevelt c ailed Into conference bis 'ITyX? financial advisers w v' . 3 to bor fold in the f world markets. t Prof. Oaorge iJ .. and Prof. James Harvey Rogers of ProrQeorflF. who had ie. Warr"V vised the dollar depredation de-predation policy which Is being tried, were among tbe conferees, naturally, and tbe partial failure of tbe plan was put up to them. Tbey then told the President that It would be necessary to force down the value of tbe dollar in the foreign exchanges as well as at borne, and that if that were done the scheme was sure to work. The purchase of gold abroad is undertaken by the Reconstruction Finance corporation, as Is that in America, by direction of Mr, Roose velt It is preliminary to revaluation revalua-tion of the dollar and establishment of the President's plan for a managed man-aged currency. Chairman Jesse Jones of tbe It F. C said the Federal Reserve bank of New lork had been authorised to dispose of It F. CI notes and take foreign gold In payment The bank also has made overtures to the Dank of England and the Bank of France for the purchase of pounds and francs respectively in exchange for gold. The co-operation of the French and British banks would tend to support an earlier White House statement that Interpretations of this government's foreign gold purchases as the beginning begin-ning of an International depreciation deprecia-tion race, "a currency war," were erroneous. In Washington It is the opinion f many observers that conservatism In finance Is being gradually abandoned, aban-doned, end that the dollar will ultl-mately ultl-mately be forced down to a SO-cent value. Brokers In Wall Street were frankly confused and avoided any extensive market operations. Meeting with President Roosevelt Roose-velt and the professional authors of the gold plan were Acting Secretary Secre-tary of the Treasury Dean Acheson, Gov. Eugene Black of the federal reserve board, George L. Harrison, governor, and J. E. Crane and Fred I. Kent of the Federal Reserve bank of New York; Henry Morgenthau, Jr., governor of the farm credit administration; ad-ministration; Jesse II. Jones, chairman chair-man of the Reconstruction Finance corporation ; and Henry Bruere, the President's financial co-ordlnator. At least some of these gentlemen have formerly opposed any program that smacks of Inflation; but the President evidently felt the Warren-Rogers Warren-Rogers plan was aa experiment that deserved trial, OARRT L HOPKINS, federal re- lief administrator, went to Kansas City, met with retief delegations delega-tions ef Missouri, Iowa, Kansas, as and Oklahoma, f and told them that the need for relief was going to be greater than ever and that each state and local government govern-ment must do its part folly. "We are going to start tbe winter with a million mil-lion more families on the relief rolls t i P. H. L. Hopkins than there were a year ago at this time, he said, and be added emphatically, em-phatically, "the needy idle are going go-ing to be taken care of this winter." Mr. Hopkins estimated about 80.000 families were on relief rolls at the present time. During the five months tbe federal emergency relief administration has been In operation opera-tion $216,000,000 has been allotted by the federal government to care for the needy, he said, - He noted that when new Jobs open op most of them are filled at first by "self-sustaining Idle who cave never been on relief rolls." The idle relief bill of the nation which is about one billion dollars a year, mnst be paid." he said. "This means that the need for private contributions con-tributions is greater," Explaining that the federal emergency emer-gency relief administration to car-leg car-leg for 13,000.000 persons by two methods, direct relief asd "work relief,'" re-lief,'" Mr. Hopkins expressed a preference for the latter. FOUjOWING a conference in Pes Moine Governors Herring of Iowa. Olson of Minnesota, Lanper of North Dakota and Shmedeman of "Wisconsin went to Washington to lay before President Roosevelt the plaas approved by the confer- r :. i ence for boosting prices of farm products. Immediate steps held necessary to securing benefits to farmers before the 1933 crops leave their hands Include currency Infla tion, pegging the prices of basic farm crops, the adoption of a code for agriculture under the NRA, and improvement of the federal farm refinancing machinery, especially espe-cially In the Omaha land bank district dis-trict The program bas been Indorsed In-dorsed by Governors norner of Illinois, Il-linois, Bryan of Nebraska, McNutt of Indiana and Berry of South Dakota. Da-kota. The proposed code for agriculture agricul-ture would authorize the creation of a board of farmers which wonld have functions similar to those of trade associations In existing industrial indus-trial codes. The board, in conjunction conjunc-tion with federal authorities, would determine the cost of production of principal crops, determ'ne what Is a fair margin of profit for farmers, and set minimum prices for domestic domes-tic consumption. Though President MIlo Reno of the National Farmers' Holiday association as-sociation declared the farm strike off pending developments in Wash ington, the strike was kept up, especially es-pecially in Minnesota and Wisconsin. Wiscon-sin. , SECRETARY OF STATE HULL and his aides have made everything every-thing ready for the conversations with Maxim Litvlnov of Russia con cerning establishment establish-ment of relations with the Soviet republic, re-public, and the foreign for-eign a flu Irs commissar com-missar Is speeding to Washington. It is taken for granted grant-ed that when recognition rec-ognition of Russia 1s completed the Moscow govern-merit govern-merit will appoint as Its first ambas r-j M. Sokolnlkov sador to America M. Sokolnlkov, now vice commissar of foreign affairs. He was formerly ambassador to London and was Russia's delegate to The Hague. He Is descended from a family that was prominent in the days of the csara, Valery Meshlauk, It Is expected, will be chairman of the Russian trade delegation to the United States. Ho la acting chairman of the state planning board and has often visited this country In behalf of Russian governmental purchases, T ATE developments concerning - the recovery program Include these events : Counsel for an employees brotherhood broth-erhood obtained a temporary Injunction In-junction restraining the New York Kdlson company from violating the NRA and the re-employment agreement agree-ment President Roosevelt settled two disputes with the steel Industry, ne obtained a "substantial agreement" agree-ment" between the United Mine Workers and the captive mines of Pennsylvania operated by the steel companies, forcing the latter to accept ac-cept the checkoff system, ne ended end-ed the differences between Transportation Trans-portation Co-ordinator J. B. Eastman East-man and the steel companies over the price of rails to be bought by the railways with money loaned by the government, by setting a price halfway between that asked by the I companies and that demanded by Eastman. The Ford dealer whose bid was rejected by the government because be-cause Ford had not signed the NRA sued to prevent the award of the contract to the next lowest bidder. More than 300 charges that the Ford Motor company is violating the NRA automobile code provisions provi-sions were dismissed as "not legitimate" legit-imate" by the Detroit compliance board. GERARD SWOPE. president of the General Electric company, ex-industrial and labor adviser to the recovery administration outlined out-lined a plan for the gradual conversion con-version of the NRA Into a great private pri-vate organization with governing powers over all Industry. Administrator Admin-istrator Iltiith S. Johnson and Henry Hen-ry I. Harrlman. president of the United State Chamber of Commerce, Com-merce, indorse the plan, the former asserting such a scheme would make It possible to avoid cycles of depression, and the latter warning that the NRA would be a fallare If It were allowed to become "Just a government bureaucracy." Briefly, the plan outlined Is to entrust to a national council the code supervision authority now in government bands. Government officials of-ficials wonld be memfters of the council, and it would work la close collaboration with government departments, de-partments, maintaining extensive research and statistical staffs. The council might be created by an enlargement of the United States Chambers of Commerce with labor representation. It was sogsrested. ACCORDING to Secretary of Agriculture Ag-riculture Wallace, the country's wheat farmera have signed up about 80 per cent of the average seeded acreage In the farm adjustment administration's ad-ministration's crop reduction campaign. cam-paign. Mr. Wallace estimate that cash benefits to farmers for agreements agree-ments to restrict plantings next year 15 per cent will exceed $102,000,000, of which they will receive slightly more than two-thirds this fait Checks already are being sent out, the first going to some farmers In West Virginia. Appllcatlona have been signed covering 670,263 farms on which wheat Is grown and representing 61,025,612 acres. A reduction of 15 per cent on this area for the crop to be harvested next year will reduce re-duce plantings about 7,780.000 acres. Farm Administrator Peek said that returns on the wheat campaign show that In general, the leading wheat-prodnclng states have accepted accept-ed the plan "wholeheartedly, while In some of the regions In which production Is mixed and farms are small, a lower percentage has signed op." - THE senate banking subcommittee subcommit-tee and Its counsel, Ferdinand Pecora, kept op their hammering at Albert H. Wiggln, former head of wxmmm tne Cnase xsauonai I ' I bank of New York, ed transactions carried car-ried on bv him and Ov (r U. his companies. It that the Chase bank made huge loans to Wiggins lisu H personal companies nanus siock ana for the creation by Wiggln of compa nies In Canada to escape income taxes. Shermar, one of the Wiggln companies, began selling the Chase bank stock short in 1920, a month before the great market crash, and big profits were made. "What prompted you to sell the bank stock?" asked Pecora. "I don't know," replied Wiggln. "I must have had some trend of thought at that time. I thought all bank stocks were too high and that Chase was In line with the other Stocks." : ( "If you thought Chase bank stock was too high, why did you permit the Chase Securities corporation and its wholly owned subsidiary, the Metpotan corporation, to go Into these various pools to stabilize the market!" asked Pecora. After considerable discussion with counsel Wiggln replied that the pool bought and sold stock and that "the net result was the sale of stock, Just the same as I did." SAMUEL INSULL, fugitive former public utilities magnate, and the Greek people were equally Jubilant when the Greek court of appeals again refused to extradite Insull to the United States and ordered bis release from custody. The judges held the Indictment against Insull did not furnish sufficient basis for his extradition. What the American Ameri-can government will do next If anything, any-thing, was in doubt There Is no appeal from the decision, but Washington Wash-ington might denounce the extradition extradi-tion treaty. The Greeks hope that Insull will remain In that country and establish big industries; it Is rumored that he will ask naturalization naturaliza-tion and change his name to Insull-opoulos. Insull-opoulos. MODERN Turkey, the republic. Is Just ten years old, and its birthday was fittingly celebrated at Ankara, the capital The state as It now e x I sts Is largely the work of Mas tapha Kemal, the president, and It was with Justifiable Justifi-able pride that he recounted Its growth and achievements achieve-ments before 100,-000 100,-000 of his fellow citizens at the race course. He said: "Our greatest accomplishment ac-complishment Is the Turkish republic President Kemal which the heroism and high culture of the Turkish people created, thanks to the nation's will and valorous val-orous army, but our task is unfinished. unfin-ished. What we have done is insufficient in-sufficient "We will raise our fatherland to the ranks of the most prosperous and most civilized nations of the world with the speed of this age in which we live. We shall succeed because the Turkish people Is lofty, Industrious, and intelligent, and is led by the torch of positive science sci-ence and by the love of fine arts." Turkey today, added the president presi-dent Is dedicated to peace and Is satisfied with her present physical boundaries, but he declared that as the cradle of ancient clvllijiatlon, she is determined to spread her cultural cul-tural boundaries far Into Europe. OV DECEMBER 15 France will owe the United States another installment on the war debt amounting amount-ing to S22.200.P2S. But we won't get It, or any part of it The new French government headed by Albert Al-bert Sarraut intends to default as did that of Dalad'er on Jnne 13. It was said semi officially In Taristhat the government would abstain from raising the question In parliament and this policy, rather than b!s health, would be responsible for the absence of former Premier Herrlot tut. fwimi Kwppr I Boa. . A Albert H Wiggln I I Intermountain News Briefly told for Busy Readers TAME WILD RIVER PAY FARMERS CASH MANY JOBLESS LISTED BIG PROJECT PLANNED REDUCE PETTY CRIME RENO, NEV. Nearly $30,000 is to be paid to the farmers of Nevada Ne-vada under the government's wheat production control plan, It is Indicated Indi-cated by figures compiled by the Nevada agricultural extension service. ser-vice. BOISE, IDA. Lamb prices are above 19.12 levels and the reports show that wool prices are expected to be higher in 1934 than at present AMERICAN FORK, TJT. The Alpine Al-pine school district has applied for $50,000 in R. F. C funds to be used In a building program. SALT LAKE CITY, TJT. Salt Lake county unemployed, totaling 15,180, largely unskilled workmen, are registered with the federal reemployment re-employment bureau. Among the list are 2,500 war veterans and 1,000 women seeking employment BOULDER CITY, NEV. Regular Regu-lar river navigation as far upstream up-stream as the treacherous Flour Sack rapids on the Colorado now can be made on charter. The latest party to penetrate beyond the mouth of the Virgin river consisted of a group of Boulder City business men and engineers, who invaded the little-known canyon on an air-pro- pelled sea sled. SALT LAKE CITY, UT Early decision Is expected on the Washington Wash-ington county development project from Washington, D. C officials, it is reported. The project contemplates contem-plates storage of Virgin river water in three reservoirs, and Its use on lands along the river in Utah, for the development of dairying, the growth of agricultural products and of sugar beet seed production, Washington county has been suc cessful in growing the past season. SALT LAKE CITY, UT. Tur key raisers of Utah attended a grading grad-ing school here and federal graders have been appointed to handle the turkey crop of this season. OGDEN, UT. A state tax com mission office, second In size only to the Salt Lake office, has been opened here. The branch office is to facilitate handling affairs con nected with the state sales tax, au tomobile licenses, income taxes and other business of the bureau. The Ogden office wIU serve Weber, Davis Da-vis and Morgan counties. Ir is said offices soon will be opened in Provo and Logun, with Box Elder and Cache counties to be served by the Logan office. LAS VEGAS, NEV. More than 000 meals a day are being served at the federal relief barracks recently established here for Jobless transients. tran-sients. The food and shelter are furnished only to men who are willing will-ing to put in a day's labor at tasks assigned by local authorities. Since the opening of the barracks, police report petty crime in Las Vegas has decreased materially. OGDEN, UT. One thousand children chil-dren have been born In this city in 1933. SALT LAKE CITY, UT.-Utah Is asked by Governor Miller, of Wyoming to Join with that state, Montana and Colorado in protesting the plan for fixing gasoline sales prices proposed by Secretary Ickes, the federal oil administrator, to go Into effect December 1. RENO, NEV. A general holiday throughout Nevada celebrated the C9th birthday of the state recently. BOISE, IDA. Idaho has placed (5375 men at work tinder the federal feder-al re-employment service since it began be-gan operation several weeks ago, and had 21,908 men on the registration registra-tion list in late October, according to a report from the bureau. Surveys Sur-veys by districts indicated 570 more men would be absorbed on public works by late November. Of those put to work, about 2000 were taken from relief lists, the report said. SALT LAKE CITY, UT. In response re-sponse to a petition signed by 100 taxpayers, the county commission has extended the 1933 tax delinquency delin-quency date from Novemtier 29 to December 20 at noon. The extension exten-sion was granted to afford relief to property owners who wou'd have been nnable to meet their payments on time because of economic conditions. con-ditions. A 2 jxr cent flat penalty, plus 8 por cent interest attaches to payments after the delinquent date, OGDEN, IT. Utah manufacturers manufact-urers produced 9X5 million dollars In goods in l!)Cl according to reports from the manufacturers agents. FANGUITCIL UT. Sheepmen Id this district are losing numbers of sheep, which are being killed by coyotes. One man is reported to have lost eleven head in one night SALT LAKE CITY. UT. Provision Provi-sion for the transient nnemployed In Utah on some scrt ef a systematic systemat-ic basis that will be a constructive attempt t solve the problem Is the aim of a proposal forwarded to the government at Washington. D. C by the state relief director. The Utah plan Involved the rcntwvt f-r Jit, 000 to finsnoe tit work for the re malnder of the month. BOISE. IDA. Federal aid f a gold mining development work Is being sought by Idaho gc!J miners. Scenes and sslf 'i"i "' I J- -1 7 hK m ' K 1 Police of Jerusalem battling with Arab rioters who oppose the government policy of admitting ki numbers of Jews Into Palestine, 2 George O. Mathews of Madison, Wis., being sworn In as federal trade n missloner by Edna RVinceL personnel officer of the commission. 8 American battleship Wyoming in Bara naroor, replacing tne cruiser Kicnmona as proiecior or American uvea f fin fKf p. V I V j ii j y W w si Mjl II Winter bathing styles were previewed with a parade of pulchritude at Catalina island. Careless lnf mality is apparently the keynote to fashionable beach wear for the winter season, according to the trend Catalina, where many fashion ideas originate. 1 HOT AND COLD AT FAIR 1 f: 1 j t 3 i I i " -ltl Daily records kept at the Qavo-llne Qavo-llne thermometer on the grounds of A Century of Progress exposition. Chicago, show an average tempera ture of 70.1 degrees for the period from May 27 to October 27. The high temperature for the summer was 104 degrees at 4 p. im, on June 7, and tbe low was 33 degrees at 10 a. m. on October 25. Hourly readings read-ings were kept from 10 a. m. to 10 p. m. by attendants at the tower thermometer. ORCHID THAT EATS J J i 51--ss Julia Reed Is shown feedina nes and other Insects to Darl!nE-tonla.- the rchldaceoos plant now bejng displayed la Washington mis voracious plant catches Insects and devours them. w ' Persons in the Current News rrn I J ' i, i rT.i,4A l.,,nlWll T,,,, ,,,,,,--,,,., , ,,,-.,-. What Bathers Will Wear This Winter Londoners Couldn't Stand for Thii A. t 4 - f I ii ' - I ' ; Considerable excltemeni was caused In London one morning reef when business people discovered the Nazi swastika emplanted center of a Union Jack flying from the office of the Imperial F-1 league. The Royal Empire society, owners of the building. Insist" Its removal as soon as discovered. . I Breaks Fair Attendance Record r ... ii i -u..... wm i. , ji .1 i .1 i I I i I , , - - - . I - k - - . " - '. i .- ; P ... - i, i; -v..' '. "t:.. tv. ""-. .- " - : t, 9 .. r-. v - r v ' 1 " ' - - i I 's - : ' ' ) .1 tt I Adelbert E. Stockton ot De Soto. Mo. (at right), who tor attendance at American expositions by being the 21-W"- . & ' to A Century of Progress In Oiicago, is shown being of gifts donsted by concessionaires of the fair, by E. Eosi E-' f tor of publicity. I , v .V a J i 'V r- Tk V 4 js', t St ana property. V Ji I |