OCR Text |
Show THE LEH! SUN. LEH1. UTAH News Review of Current Events the World Over President Scraps Farm Board and Combines Several Bureaus Into One Agency; Wins First Round With British on Debts. Henry Morgen thau, Jr. WHAT the President term! the 1 -fnrro credit administration" was created by executive order which. If It meets wltb congres-t congres-t ;"V'"1 slonal approval, as Jt (t f Is expected, will be come operative am; '1. The "farm credit administration" replaces re-places the federal farm board, the federal farm loan rife I Doard and the farm I f A credit activities I I jfk, J that have been scat tered through seven different government govern-ment agencies. The "administration" will be headed head-ed by Henry Morgeuthau, Jr., wltb the title of governor, and an assist ant, for the present at least, Paul Bestnr, wltb the title of commissioner. Governor Morgenthau said, after Issuance of the order, that the ac tivities of the government In granting grant-ing loans to fanners and farm organizations or-ganizations will be fully co-ordinated. In the past, wltb the government making loans through the Depart ment of Agriculture, the R. V. C the farm board and other agencies, varying rules or interest were charged and different purposes and conditions were set up, and under the new regime, Governor Mor- gentliuu said, unity of purpose and treatment will be observed strictly. He also declared that all employees em-ployees of the new credit administration adminis-tration will be placed under civil service Instead of under a patronage patron-age system as exists lo many of the bureaus at present. The executive order Issued by the President directed the abolishment of the farm stabilization activities of the farm board which have resulted re-sulted In losses of three hundred million mil-lion dollars, exrept that he provided they should be continued only to llqulilute the left over holdings of the board. This consists of thirty million bushels of wheat and twenty-eight twenty-eight thousand bales of cotton. In the messuge to congress accompanying accom-panying the order President Roosevelt Roose-velt said his purpose was to "maintain "main-tain and strengthen a sound and permanent per-manent system of co-operative agricultural ag-ricultural credit subject to federal supervision and operated on the basis of providing the maximum of security se-curity to present prospective In Testors In bonds and debentures resting on farm mortgages or other agricultural securities all for the purpose of meeting the credit needs of agriculture at minimum cost" The consolidation of these various activities nnder one bead Is expected expect-ed to result In an administrative saving of two million dollars a year. TMIB efforts of European nations to cancel or greatly reduce the war debt owed to the United States are on, and It la said President Roosevelt has won the first skirmish to the extent of considering con-sidering world economic eco-nomic conditions before be-fore any discussion of war debts. As a result of Mr. Roosevelt's Insistence In-sistence It Is report- eminent has backed iClXl down from the position posi-tion announced by Austen Chamber. lain, chancellor of the exchequer, whea he said that Britain would not wap economic concessions for revision revi-sion of the debt. The British are now willing to discuss economic concessions before the debt question la taken op. By Tlrtue of this sudden change of front on the part of the MacDonald ministry, min-istry, the world economic conference confer-ence Is likely to be held In April or May Instead of nest summer or autumn, au-tumn, as the European powers were planning. The Urltlsh ambassador. Sir Ronald Ron-ald Lindsay, has discussed with Secretary Sec-retary of State Oordell Uull, the questions to come before the economic eco-nomic conference before the debt question is considered. . The French are also willing to dls-uss dls-uss economic questions before fonsldertng war debts. Following a White House conference between President Roosevelt and M. Jacques Stern, vice chairman of the finance committee of the French chamber Of deputies. M. Stern, said that he bad not discussed war debts with the President; that their conversation conversa-tion had been confined to the economic eco-nomic conference which the deputy thought "It would be very important impor-tant to hold as soon as possible, Asked about the debt, be said "it would be very Important for France to pay the December installment as a mark of respect to President Eooseveit Mr. Roosevelt snd Mr. Hull have taken the position from the start that the war debts are see-ondary see-ondary In Importance to the removal re-moval of the tariff, embargo, quota, exchange and other restrictions on International trade. .X v Sir Ronald Lindsay A preparatory commission named for the purpose of preparing an agenda for the economic conference has listed the following subjects for consideration : The original and present weight of debt and Interest obligations. "Price of primary commodities and price of manufactured goods, both wholesale and retail. "The existing volume of produc tion in different staple commodities entering In world trade. 'The willingness of creditors to make International loans and their unwillingness to receive payment In goods and services. "The distribution In different countries of the available gold sup plies of the world. "The disharmony between the stable and fluctuating ratea of exchange," ex-change," Prime Minister Ramsay MacDonald, MacDon-ald, of England, will preside at the economic conference and will name the date for Its convening." PROGRESS of the farm relief bill In the senate has been slow. Senatorial Sen-atorial dignity would not permit of the speeding up of the ponderous ponder-ous machinery of the upper house regardless of the plea of Secretary of Agriculture Wallace for speed and for the passage of the bill as originally written by the President and his advisers. There Just bad to be hearings on the bill, and everybody, for and against, must have a chance to talk, and they have talked. At this writing It seems that "a" bill will eventually pass, but whether wheth-er It will be the bill that passed the house, and Is acceptable to the administration, ad-ministration, or whether It will be so radically changed as to be on-recognized on-recognized by Its proponents, or unacceptable un-acceptable at the White Uouse, is for the future to reveal. FARM relief In other directions moved along more rapidly. The proposal for refinancing farm mort gages has taken form and the proposition is for selling of farm mortgage bonds to the extent of from nine to ten billion dollars on which the government will guarantee guaran-tee the Interest, but not the principal. prin-cipal. It Is expected the government's govern-ment's guarantee of Interest will make the bonds marketable at a comparatively low Interest rate. Farm lenders have urged a government gov-ernment guarantee of the principal on such bond Issue, but such a guarantee guar-antee would make them a direct obligation ob-ligation on the government, and mean simply an Increase in the national na-tional debt of nine or ten billion dollars. Guaranteeing "the interest inter-est only means thnt should there be a complete default on the part of the farmers, which Is never probable, prob-able, the treasury would have from three hundred to four hundred million mil-lion dollars to pay annually until the bonds had matured. npUERB is a growing belief In Washington that the budget will not be balanced during the next fiscal year beginning July 1, regardless regard-less of the economies made by cutting cut-ting the pay of government employees, em-ployees, reorganrzatlon of bureaus and departments, and reductions in payments to veterans, amounting to an expected total of some seven hun dred millions, and regardless of an added revenue from the tax on beer, estimated at about one hundred and fifty million. The relief grant of Ave hundred millions provided for in a bill now before congress, and the two hundred hun-dred millions for the reforestation plans, will alone offset the economies. econ-omies. It Is probable thnt the more ambitions plans of the President will be financed through new bond Issues, Is-sues, but there will be Increased interest in-terest charges and sinking fund to provide for which will run Into hundreds of millions annually. Along with thesethlng tax yields are falling short of estimates because be-cause of the continued prostration of business. FIVE hundred million dollars to be provided by the federal government gov-ernment and distributed as unemployment unem-ployment relief by the states is called for In a bill Introduced In the senate by Senators Wagner of New York, Costtgan of Colorado,, and La Follette of Wisconsin. Wiscon-sin. The bill provides that the huge sum shall be given out right to such states as shall apply for aid, and places the responsibility for seeing that the money is given wisely wise-ly In the hands of a "federal relief administrator." This official would be appointed by the President with the consent of the senate, and carry on his da-ties da-ties independently of any other department de-partment The Reconstruction Finance cor poration is given authority, nnder the bill, to borrow the five hundred million dollars, but will have no powers beyond turning the money over to the relief administrator. Ten days after the appointment of the relief executive, the Reconstruction Reconstruc-tion Finance corporation would cease to have any control over the granting of loans to states or municipalities mu-nicipalities for relief purposes, and thus all of the government's relief financing would be onder the one Jurisdiction. A NATION-WIDE boycott on all Jewish business and professional profes-sional men In Germany has been clamped down by Chancellor Hitler's Hit-ler's National Socialist party. The announcement states that It will last "until Jewish life In Germany is paralyzed." Hitler's government while not officially countenancing the boycott is not expected to Intervene In-tervene At Nazi headquarters it wan said that the boycott "Is a purely defensive defen-sive measure Bolely directed against German Jewry as retaliation for the anti-German campaign In foreign countries. . All over Germany Jewish owned shops and department stores closed their doors and were picketed by storm troopers. TUB President's bill providing for the pmnlovmpnt of 2.r0.000 men for the purpose of reforestation and other work in government forest reserves re-serves and along the rivers, passed congress- with some amendments made by the senate. One of these amendments removes the state quota restrictions on the sixty-eight million mil-lion dollars remaining of the relief funds In the hands of the Reconstruction Recon-struction Finance corporation. This makes It possible for states that have borrowed up to the quota previously pre-viously provided to continue to borrow bor-row until Uie sixty-eight million is exhausted. In the house the bill was adopted adopt-ed without a roll call, but with the Republican members In opposition. This opposition was not directed at the bill but at the methods of ruling rul-ing the house by the Democratic majority. ma-jority. It was the first-of the administration ad-ministration bills that bad not received re-ceived non-partisan support in the passage through the house. ry RECTOR of the Budget Lewis W. Douglas has completed the task of revising the payment to veterans vet-erans under the terms of the economy bill giving the President dictatorial powers for such revlsloa This revision eliminates from the pension rolls all veterans with non-service non-service disabilities, and reduces the payments to those with service disabilities dis-abilities by approximately 15 pet cent, the same percentage of reduction reduc-tion as that made In the wages of government employees. f he economies that either have been, or are expected to be, effected cover the reduction of 15 per cent in the wages of all government employees em-ployees made by the President; reduction re-duction In veterans' benefits and administration ad-ministration now made; reorganization reorgan-ization of the departments and bureaus bu-reaus In the administrative branch of the government for which the President has authority, and on which he Is now working; postal service economies, now being considered. con-sidered. When all have been completed com-pleted the following savings will have been effected: Veterans' benefits and administration 1480,000,000 Reorganization ' of administrative ad-ministrative branch of the government, Including In-cluding abolition of functions 150,000,000 Reduction in the pay of government employees 125,000,000 Postal service economies 75,000,000 Senator La Follette Total .............. $930.000.00S Among the pew expenditures that will offset these savings Is the appropriation ap-propriation of five hundred million dollars as a gift to the states to be used for non-employment relief, and the reforestation plan of the President Presi-dent which congress has authorized, and which Involves an expenditure of not less than two hundred million dollars. MEXICAN Communists object to Josephus Daniels as American ambassador at Mexico City. Posters captioned "Out With Daniels" have appeared on walls in the capital. They call hlra "the murderer of Azueta and Urlbe." These men were Mexicans who were killed In the fighting when United States forces landed at Vera Crus In 1914. At that time Mr. Daniela was secretary sec-retary of the navy. T T NDER authority granted him ''by congress the President has ordered or-dered a 15 per cent cut In the pay of all federal employees, effective April L The orier affects the employees em-ployees In all departments Including oflicers and enlisted men In the army and navy. Post Office department depart-ment and all others on the government govern-ment pay rolls, a total of approximately approxi-mately soo.ooa The authority given by congress provided for such cut as reduced living expenses might warrant np to a total of 15 per rent An Investigation In-vestigation of living costs made by the Department of Labvr showed a decrease from June 30 of last year to the present time of 21.7 per cent On the strength of that report th President ordered the cut In pay to the limit of that allowed by the terms of the economy law. It Is estimated esti-mated the savin? to the government will be approximately tO,000,000 annually. 0. 1J1- Wwtwa N;sr Unto. Intermountain Hews Briefly told for Busy Readers BAND MEET LOOMS FLOOD SAFEGUARDS GIFT OF APPLES OFFER SCRIP FXAN SON'S OF I'TAII PIONEERS PRICE, UT. Twenty-three Utah and Colorado bands have entered the third annual Intermountain band tournament to be held here April 1314, and 15. ID AIIO FALLS, IDA. A liberal supply of storage water in the Jackson lake reservoir may result in an unusually high water condition condi-tion in the river, particularly If the run-off from the upper watersheds is rapid and preparations to pre vent possible flood damages ' have been made here. SALT LAKE CITY, UT F. Crowton, a resident of this city, celebrated his one hundredth birthday birth-day anniversary by splitting fire wood. SALT LAKE CITY, UT. A so clety known as the Sons of Utah Pioneers has been organized and will perfect a statewide organization, organiza-tion, according to announced plans. TOOELE, UT. B. F. Bauer of Salt Lake, owner of the famous Bauer apple orchard, four miler south of here, has donated seven hundred bushels of apples from his storehouse for the needy of thir section. The Tooele county commis sion will handle the distribution ol the fruit. POCATELLO, IDA. W. P. Hav enor, connty surveyor, reports tha most of the county roads stood U well during the past winter, wltl the exception of a few that wer cut up by heavy travel when tb snow first melted. IITRUM, UT. Through the co operation of the Ilyrum Lions clul- and Ilyrum city, a summer camping camp-ing and recreational park will be constructed in Blacksmith Fork canyon. PROVO, UT. Provided busines-men busines-men of Provo will back scrip, Pro-vo Pro-vo City may undertake three projects pro-jects during the coming; summer which ; will provide considerable work for the city's unemployed. AMERICAN FORK, UT. The Alpine school district is confronted with the necessity of closing the 1932-33 school year at the end of the eight-month period unless it is possible to work out some means of carrying on the term. BOISE. IDA. The order suspending sus-pending federal aid for road con struction leaves Idano with one bridge in the air without approaches approach-es and one pair of approaches without a bridge, and tfiree high way Jobs ready for bidders and no authority to grant them contract? JEROME, IDA. A few 193: crops on the North Side project of Jerome county still are - unharvest ed. Stacks of grain were left un . threshed last fall, due to lack of money fo threshing and storintr. the farmers finding it more eco nomical to keep it stored in the stacks than in elevators. MONROE, UT. The city of Monroe recently completed an extensive ex-tensive Improvement program of the town's waterworks system, including includ-ing the laying of new pipe. RUPERT, ipA. Judge C. D Phibbs, 47, pioneer of the Minidoka project, was found dead of a bul let wound in his home here. The wound Is snld to have been self-in flicted. A letter to his widow told of his Intentions to kill himself be cause of ill health. EPHRAIM, UT. Drives to ex terminate gophers and grasshop pers are being inaugurated here. SALT LAKE CITY, UT. Lack of supervision on the part of the federal government over the grazing has almost denuded the 25,157,000 acres of public domain of foliage, according to the secretary of the Utah Woolgrowers' association. TROVO, UT. An agreement to turn back to the city 11 per cent of their salaries during 1933 has been made by Trovo City employes. POCATELLO, IDA. Near the end of an adventurous life, Charley Sing, 96, is spending his last days at the Bannock county poor farm, after an attempt to end his life because be-cause he dislikcvl going there, failed. fail-ed. The old Chinese came to Foc-atello Foc-atello more than 60 years ago to aid in the construction of the first narrow guage railroad through this section, and he then became the town's first cook. OGDEN. UT. Of a total of 75(32 cattle in Weber county, tested for tuberculosis since last December, only 32 were reactors, it is reported. report-ed. BOISE, IDA. A half million dollars In tax anticipation notes will be sokl by the state April 14. Mrs. Myrtle Enkinjr. state treasurer, treasur-er, has announced. The sale beins authorized by the board of examines exami-nes Bids to the lu will be opened op-ened at the treasury office. Interest Inter-est may not exceed 6 p-r cent. The issue is to 1 iish1 to finance the state pendins; receipt of 1902 taxes from the coantie. Th notes mature ma-ture durin? February 10Z tea months sfter issue. Scenes and Persons in the Current News -::T !' 1 - - v ' - ' ''MUM'' lfA ' ' ! ;' :rP ;'- r!if I ::& lit H 1 iur . iff ' - ft k VaB.v f ,w (V. w.,'r"W a-.j ptfrir- WMi fi fl -ill w i' ,.r.r.i i h in rfT iii 1 1 ii fi .in r if -- y -i r PrnfT 'cl krmh h ft i i i i ill i ii ll i wmmm 1 and 2 President Roosevelt signs the 3.2 beer bill and this once familiar scene Is again s streets. 3 Britain's new submarine being launched atChatham, England. 1M HksBalBMU)t3has1i Renovating Dome of a Famous Cathedral ",l iwipi ir"""...".!.". """" Fr-J p. i m '' mmmmmmiMmm w.i)b'bw.i.'.' a V" wK,tkl Ti i - - V N xy i ffp pat i If Workmen busy in the Vatican grounds cutting and trimming the marble for the restoration t of St Peter's cathedral, which has taken on more speed at the express wish of His Holines. PITTMAN HONORED Here's Grandfather of Typewri! tz - . I . '-;-.m..w.vWi.w.-.hwM' ,m... .... .a -i. im. f -H f "1?r-. ' . if pv ;! tab ' -. V r---4a- l,:,rtb' A I ' . V renai ' tf -J-f V- Ni f we i Senator Key Pittman, of .Nevada, who was elected president pro-tem of the senate. The veteran western west-ern statesman Is also the new chairman chair-man of the foreign relations committee. SUCCEEDS GARNER Accused of Income Tax Eva I' I J 1L- West, of i: Texas, a former Texas ranger, succeeds suc-ceeds -Cactus Jack- Gamer as congressman con-gressman from the Fifteenth dis trict. Wilier Most People Li Nearly la!f of the population of "-ntmental United States lives In 05 metropolitan districts. Operating one of the first iiiuvrinpa mnde. Miss f hue depicts one of the world's first typists In the comme -J oae cises, in New York, of the sixtieth anniversary of the V , 1 typewriter and the entrance of women Into the modern H k if ?mfo m of I'M 01 V' F and I beauty f frote Ht, tUaeoii fBik i:J I h t fs baci I"4 ep. reri a , Iby, faj, iatt ai... Jter, Hi., v j p-1 y I iff. : :v, ' S - l-y.i ' VM I ": :- Ck;'- rr " Milton lb Vet f i! Ii't- . "v' r, i ... . - of If '.. varies ti. Mitchell (right), former cn:iirn' $ . i , .v,iug me leuenti conn in iew tecflj Steuer. after pleading not gulltj to the charge ot |