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Show Jt of News Review of Current Events the World Over u ReCongress Qtuckly Acts on President Roosevelts Banks quest for New Legislation Reopening of Spurs Upturn in Business Activities. w h L a c templated law are wheat, corn, cotPRESIDENT ROOSEVELTSbe be ton, cattle, sheep, hogs, milk, dairy congress that tobacco and rice. (Iren authority to make cuta In the products,with this the President proAlong aalariea of government employees up to 18 per cent, and to make reduo-tlon- a In the amounta paid to veterans, that authority to Include practically an entire revamping of the government pol Icy .as it applies ta government expend- - C f , I ,tnre lV P-- J piles to veterans of the World war and other wars, met with a quick response on the part of the house of representatives and the senate. The bill passed the senate by a Demvote of 62 to 13. Forty-thre- e ocrats and nineteen Republicans voted for the measure; four Democrats and nine Republicans against It The vote In the house was 206 for the measure and 138 against It That result was not achieved without difficulty, and the difficulty came in the ranks of the President's party, and Its passage would not have been possible without the aid of Republican members of the house. In a party caucus 02 Democratic members bolted the President's leadership and voted against the measure, their opposition being to that portion of the bill giving the President dictatorial powers In the matter of expenditures for veterans. At the Anal roll call, 10? Democrats and 69 Republicans voted for the bill, and 82 Democrats, 41 Republicans and five Farmer-Laborlte- s against It Several members who were opposed to the bill but who did not wish to be recorded as against an economy measure, decided not to vote. An analysis of the vote shows that 68 per cent of the Democrats voting and 62 per cent of the Republicans stood by It, but leaders said that the Democratic percentage for the measure would have been much lower had not a parliamentary maneuver been Invoked to prevent rebellious members of the party caucus from going through with their plana Still another factor was credited with part of the favorable vote, and that waa the word passed around the house cloakrooms that President Roosevelt planned to denounce the radio opposition In a nation-wid- e broadcast If the bill had failed of approval It Is believed the President will make a saving of approximately $385,000,000 In the expenditures for veteran relief by cutting out all men whose disability, on which claims for relief are based, was not the result of war service. The reduction In the salaries of government em- wvnatmtt. ployees Is expected to save approximately another $150,000,000. In the senate an effort was made to delay the passage of the act by - proposing, amendments, and Aha sen-- , ate chamber resounded to the oratory of friends of the veterans aniLof federal employees, battling 'against certain and overwhelming odds to win some amendment to the bill the President has Republican aid In securing desired legislation for his banking, economy and beer program, be will probably not gn-b-e able to depend upon It to the same extent at least for his farm program. That contemplates giving the President dictatorial powers In so manipulating the price of farm products as to bring them up to what la termed a parity price. The contemplated 1 a w would authorize the President acting through the secretary of agriculture, to fix a parity price of each farm product; that Is, a price at which the producer of the product would be placed on a parity with the producer of manufactured articles For example, the secretary of agriculture might declare $1 a bushel to be the parity price of wheat The object then would be to manipulate the price of wheat upward until the desired parity price should be reached. to order to raise the prices of farm products the secretary of agriculture under the terms of the bill would Invoke various devices. He might employ the domestic allotment plan to Influence the prices of one group of commodities and the government land leasing plan In the case of another group. Secretary Wallace Insists that It would not be s price fixing law for the reason that no price would be fixed by fiat Instead, a price would be declared to aim at and the measures 'adopted would be those jadged most likely to raise the price la the point desired. Sba products covered In the ron- - WHILE began opening for on March 13. -- On that Ivered ert ham, Worth Ring Louisville as ambassador to Great Britain , Jesse Isador Straus president of R. H Ky., Macy & Co., New York department store, as atuhassa dor to France, and Daniels, Josephus war stWclary of the navy, under whom Mr. Roosevelt served as asas ambassador to sistant secret-try' " " Mexico. At least one of these will meet with some opposition In the senSenator Arthur Robinson ate. (Rep,, Ind.) announced that he would offer evidence that Mr. Bingham had made speeches In England which caused him to he labeled as apologetic American Advisers of the President, however, declared that tie was fully satisfied that Mr B'rgham will assert and defend America's position on all Issues emphatically and patriotically. , the WORLD war veterans, court Supreme de- nutter under the . - One Year SUBSCRIPTION RATES ;J $2.00 Six Month Payable 4 la .$1.00 Advance Advertising Rates Given on Application. H. A. JARVIS that communism Is attempting to exploit the world's political and economic disorders and expressed a fervent wish for disarmament and settlement of war debts. ' Tha pent if be. I stowed the Roman Editor end Publisher Pepe Plus purplt on alx new cardinals of the chnrch and an-nounced that two others would be elevated later. The six elevated forwere: Pietro Fumasonl-Blondmer apostolic delegate at Washington ; Archbishop Vllleneauvt of Quebec, Angelo Dold, Archbishop limit-se- r of Vienna, Archbishop Costa of Florence and Archbishop Fossatl of Turin. No Matte r how much your business earns forjou, if in the earnings of this money a few dollars haver not been saved. Our Red Arrow Fast Freight with Free Pick-U- p and Delivery Service offers the opportunity to Save your 1 Dollars. SALT LAKE & UTAH RAILROAD l, W5 Identtal HOUSE. FOR. RENT It is The Dollar SAVED That Counts! 3 room strictly modern furnished house with bath, Gas Heat, Electric Water Tank, Garage Complete. Inquire Magna Times. 444444444444444444m4m444444444W44444444t a special message of only message ever written the President secured legislation amending the Volstead act and making 8.05 per cent beer legal In the United States. The President's 72 words were: I recommend to the congress the passage of legislation for the Immediate modification of the Volstead act. In order to legalize the manu facture and sale of beer and other beverages of such alcoholic content as Is permissible under the Con stltutlon; snd to provide through such manufacture and sale, by sub Stan till taxes, a proper and much needed revenue for the government. ' I deem action at this time to be of the highest Importance." The beer bill provides for an alcoholic content of not over 3.05 per cent, for a tax of $5 a barrel, for a license fee of $1,000 for each brewery, and the law to be effective 15 days after It Is signed by the President, which means beer wilt be on sale shortly after the first of AprlL The bill was passed by a strictly vote. In the house 238 Democrats voted for It, and 58 against; 73 Republicans for and 39 I Compare Our Prices Why Buy Any Second-Choic- e Tires when a I Costs No More? n for. against, and 5 Farmer-Labo- r Twenty members did not vote, snd there are two vacancies. Kansas was the only state whose representatives voted solidly against the bill, white the representatives of 18 states voted all wet. In seven states the representatives cast a dry majority. Tho senate amended the house bill to Include wine, to make the alcoholic content of both 8.05 Instead of 8.2 and to prohibit sale to children under sixteen years of age. Tha vote In the senate was 43 for the bill snd 90 against, also along lines. strictly ., It- - la estimated that- - $5 a-- barret, tax on beer will produce about additional revenue. Itf important to get tires of the right type and size for your Youll get lowest cost tire satisfaction particular drivingby using GOODYEARS backed by our Tire Experience. Come in, wel prove to you that you can save money here. - Paulos - Auto n $125,-000,00- 0 Trade Your Old Tires For New GOODYEAR ALL-WEATH- ER PLANS for Immediate rehabilitation are well under way In Los Angeles and its suburbs, where earth tremors caused 115 deaths and property damage estimated at $75,000,000. An appeal has been made to the federal gov ernment and the Reconstruction Finance corporation for the majority of funds needed for rebuilding Congress passed a bill. Introduced by Senator William G. McAdoo of Los Angeles, for an emergency sp propriatlon of $5,000,000 to relieve Immediate distress. Tha earthquake will probably give to science the first accurate records of Just how the earth shakes during such a disaster. Information which may be highly valuable In constructing buildings to withstand earthquakes In the future. French cabinet (s sounding the members of the chamber of deputies In an attempt to whip np a majority In favor of paying THE the wwwwwwwwwww 3UL HIT y In every town home, on every farm, there is something of value the owner does not want, can not use. But some- body else DOES want it and COULD use it to advantage IF THEY HAD IT. :! 59 . Iltt, 4 2i Let this paper sell it for you. You will be surprised at what a little 25c or 50c For Sale add will do. These are days when everything should be put to good use - when nothing should go to waste. war debt Installment to the United States which was default ed on Decemlier 15. Former Premier Herrlot has been lobbying In the gov ! 2 ernnient's behalf, seeking pledges to vote favorably In 1 case Premier Data dler should decide to bring the matter to a vote Herrlot has been telling the deputies that It la necessary to act quickly, as the government would like to havs the payment coincide with the departure of the new French ambassador to Washington. $19,261,432 I t s M St3ni.SL Wtr Nmptre Cltw N i- - i i ! 2t J: i: Make a list of your surplus articles and bring the little ad to us. Their possession at reduced- - cost will make some other person happy, and you will be just that much better off. are without priority over other deixisitors In the claims against Insolvent hanks for the A TORNADO the Ten nee mpt money received from the United border from the was handed States. The Ruling river to the CumberMississippi down in a case Involving a deposit land mountains, killing 30 persons. of approximately $6,000 which Sam Injuring more than 200 snd did Spicer bad In the Hargis Bank and damage estimated at $1,000,0001 cided. Issued Every Friday at Magna. Utah mad at M?jna. Utah as second-clas- s postoffici the Entered at act of Congrcsa of Match 3, at the secret the holy lnsnguratlng ' year. His holiness Issued a warning steij ROOSEVELT took from the urging of new legislation to give some consideration to the filflns of Impor-- t a n t diplomat Ic posts. He has sent the names of Rob TIMES MAGNA by Pops Plus consistory only banks connected with the Federal Reserve s and located In PRESIDENT THE SPECIAL Interest to Roman OFCatholics Is the allocution de-- date Federal Reserve bank cities opened their doors under licenses from the Treasury department Banks In all clearing house cities that bad applied for and been Issued licenses either by the federal treasury, or In case of state banks, by state banking departments, began opening on Tuesday, and those In the smaller cities and towns on Wednesday. There were no restrictions placed on the banks In the way of limiting withdrawals, except where the depositor was attempting to secure sums that would Indicate boarding when the person making the withdrawal was required to state bis purpose and ghe his name and address. The banks were also required not to pay out gold or gold certificates, the embargo the President had placed on gold being continued, and vast amounts of the metal were being returned to the banks. Up to March 13 it was estimated the Fed- -' eral Reserve bank In New fork had received more than $100,000,000 of hoarded gold and In Chicago moro than $23,000,000 had been returned. The returns throughout the nation indicated a larger amount of gold brought hack to the banks than the total withdrawal of the metal sinct February 1, though the government did not give out any definite statement on the subject It was after the President had repeated and emphasized the embargo he had placed on gold payments that Governor Blood of Utah signed a bill passed by the legislature requiring the treasurer of the state of Utah and of each taxing subdivision within the state to- pay all public employees under their Jurisdiction In gold coin." Where will Utah get the goldt The President, in a published statement and also a national broadcast, detailed in simple language the reasons for the national bank holiday and the plans for opening. He nas careful to emphasize the (Ktlnt that the time of opeulng any bank was not determined by Its relative condition, but by the ability of the officials of the Federal Reserve banks sad of the Treasury department to make the proper check for the issuing of licenses, ne explained ttmt banks that were not sound would not be permitted to open except under government supervision for the purpose of , reorganizing them. The reopened hanks were supplied with a liberal allowance of the new currency based on hank assets, but In practically no case was any of this needed as the deposits exceeded the withdrawals, and In many cases the new currency was returned to the Federal Reserve banks. 4 WHO CAN WRITE: If yotf bavt desire for, with a feeling of ability for producing stone, feature articles, essays, editorial!, poems, etc., and wish to profit08 ably market the lame, you must get with a Press Syndicate. invited to write to Judge Joel E. Smith. The Shirkmere, Wichita, Kansas. TO THOSE lvent The assets of the hank were not sufficient to pay til depositors, and It was contended that money received from the United State by Veterans for Insurance and disability allowances was money of the United States while ou deposit In hanks to the credit of veterans and was therefora entitled to priority, Tho Supreme court decided other-wis- poses the scaling 'down of farm mortgages and a reduction In the interest rates through agricultural credit agencies, all of which are to be consolidated under the direction of Henry Morgenthau, Jr. BANKS eee4444-4- company of Breathitt county, Kentucky, when It became Inso- Trust 2t .ir r lines A ? 5 |