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Show j,kw. UTAH MAGNA TIMES. MAGNA. PACE TWO News Review of Current Events the World Over BVEClTi'CTXu RJEKV jpi as- PROF. JEAN PICCARD mad tbe balloon excursion Into stratosphere, and accompanying him waa bla plucky wife, Jeanette, tbe only licensed woman balloon pilot In the United States. They ascended from Detroit with tbelr 600,000 cubic-fobag, passed over Lak Erie, rose to a height of stout tea miles, and then came down on a fans four mites west of Cadi. Ohio. The gondola landed la n tree but tbe two occupant were only slightly braised and scratched, and It wan believed tbe delicate scientific Instruments they carried were uninjured. Tbe trip was mad for the purpose of studying tba cosmic rays, and no effort wan made to establish a record for altitude. By EDWARD W. PICKARD UnlM. ky WNtirf Itywipapw or so financiers la Washington for tba annual convention of tba American Rank era' association. and It became apparent at once that they were far from unanimous la tbelr opinion concerning the New Deal. Francis Marias Law of Houston, Texas, re tiring president of tbo association, gave oot an Interview In wblcb be said be believed that economic ro cover bad arrived at a point where bankers ef tba United States could bouestly advise business men to go Into debt again la order to put Idle bank reserves to work. Further, be stated that bankers feel tba. the securities of tbe United 8tates government an tbe beat Investment "on tbe face of the earth" and that there need be no concern over tbo condition of government credit What made this expression cape dally noteworthy waa tbo fact that only recently the federal advisory council, composed of leading bankers, Issued a warning that govern ment credit was being menaced by the nnbalanced condition of tbe fed oral budget and the nnstablllxed dollar. Then appeared before tbo bankers In Constitution ball President Roosevelt himself and made an appeal for "an alliance of all forces Intent upon the business of recovBe called on tbe banka to ery.' lend money to finance the New Deal program. Government should assert Ita leadership In encouraging not only confidence of the people In banka but the confidence of tbe banka In tbe people," be said. "In March, 1033, I asked the people of this country to renew tbelr confidence In banka. They took me at my word. Tonight I ask tha bankers of this country to renew tbelr confidence In tbe people of this country. I think you will take FOUR thousand at my word. fie said that mo the administration stood squarely back of continuance of tbe profit system and that enter gency activities would bo curtailed as fast as private business could pick np tha load. It was noted that the President anade no promise to balance the budget or stabilize tbe currency; also that he did not comment on the proposal to creata a central bank. Ilia talk was heartily applauded, but many of bla hearers wero far from satisfied. Before Mr. Roosevelt spoke, tbe bankers were addressed by Jackson Reynolds, president of the First National- bank of New York and a stanch sound money advocate. He with the appealed for President, highly praising hla efforts at rehabilitation and saying: If the government and the banks continue In the role of antagonists conse-It will Involve even the destruction of many In stltutlons and principles we have long held dear. If. on the other hand, w abandon onr antagonism for friendly, understanding, sympathetic I believa we can make a great contribution toward the perpetuation of our cherished Institutions, the encouragement of our fellow dtlsena, and the gradual and sound rebuilding of the shattered economic and financial structure of our country." Further overtures to the bankers were made by Jesse H. Jones, chair man of the Reconstruction Finance corporation, and J. F. T. O'Connor, comptroller of the currency. Both of them gave assurance that the economic condition of the country la sound, and Mr. Jones urged the bankers to expand their loans to business. To all this the bankers responded by unanimously adopting resolutions promising to with tbe government but demanding a balanced budget Rudolf S. Hecht of New Orleans waa elected president of tbe association to succeed Mr. Law, clouds over central Euare not dissipated by. the partial solution of the plot that re suited la the assassination of King Alexander of Jugoslavia. It Is estab Ushed tbe that murder was the work of the Croa tlan group of ter rorlsts called tbe Oustacha. and .the head of'the gang. Dr. Anton Pavellr. WAR rope has been arrested, together with his assistant. Eugene Kvaternlk. The three companions of the assassin! who were captured In France, have confessed that they trained for the Job In a camp In Hungary and held Hungarian pass porta. It la charged Inrtbe French praas that they or tbelr Oustacha chief were to secret contact with Hungarian or Italian officials, and If It can be established that their funds came from tucb sources, most serious complications may result The permanent councils of both tbe Uttle entente and the Balkan entente, wblcb Include Rumania. Jugoslavia. Czechoslovakia. Greece and Turkey, have Issued Identical communiques asserting tbelr solidarity with Jugoslavia and laying reepon slblllty for King Alexander's assassination upon terrorists urged on by tba foreign policies of nations which were not named but which dearly are Indicated to bo Hangary and Italy. Tba communiques gave warning of a probable war unless International measures are loyally adopted" to gtop political asaaaslaatloa and conspiracy. Both tbe' entente decided to adopt common measures against all political conspirators. So far. Hungary la bearing the brunt of the blame for the assassination, but Premier Goemboee asserts bla country la entirely guiltless of any connection with tbe foul crime." alnc tba fedwas created a has very real rift For tbe first time eral reserve system Is Polities developed "wn tb Crssping In? reserve board AGELLO FRANCESCO known at Crazy Boy" because of bis daring aerial per- formances, set a new record for speed la flight when- - be drove bla seaplane ever n coarse at Desen-aanfour times at an average of 440.29 miles an boar. o, B. CHAPPLE. Republican for United 8tatea sen- ator from Wisconsin, proved himself to be a gentleman at Waukesha. Ha was listed as principal speaker at a rally there. John Gay, candidate for congress, preceded him on tha . and alluded pro-gra- to President Roosevelt as "a man who cant stand on bis own eru Mar-aellle- s feet without t c b e a." Mr. Chappie arose and aald: "Men and women of Waukesha, tbe President of the United States has been Insulted by a previous on thla program In a serispeaker cash of tba payment IMMEDIATE certificates was ous personal way, and while I may demanded by tha American Legion differ with Democratic policies, I In convention at Miami, Fla., despite will not stand for that kind of an tha knowledge attack on the President! physical that It la opposed Inflnnlty. and I therefore refuse to by President apeak on this program and will reRoosevelt and the turn to Waukesha at some later ballef that ho W.ould vtlo ioy legislation providing for such payment Tbe vote to was 987 183. The Legions new national com mander la Frank Belgrano, Jr., of Ban Francisco, now a banker. All other candidates withdrew and Mr. Belgrano waa elected unanimously. In his speech of acceptance he said he would conduct hie office with vigor and determination and would give It hit undivided attention. Our country Is filled today with too much talk about lama," he Bald. Everywhere we hear about Cora munlsm. Socialism, Fascism, Hitlerism, jmd others too numerous to mention. "There Is room In thla country for only ono Ism. That Is Amerl canlsm. Wlthn- -t equivocation or reservation, I sav to you that under my administration this American Legion la a sworn enemy of every other Ism. That Is a declaration of war." The following were elected as national vice commanders: Daniel J. Doherty, Woburn, Mass.; Harold J. Warner. Fendl did not general strike of textile worker because of their contract, but 30,000 of them In the Passaic valley and the New York metropolitan area have now quit their jobs and the dye houses were closed perforce. When negotiations for a new contract began two months ago the union asked for a 30 hour week at tl an hour and a closed shop. The closed ahop waa the sore point of Issue. Neither side would change Ita attitude. George Baldauzl, president of tbe Federation of Silk and Rayon Dyer, then waived the demand for a week at $30 a week and aald the union would accept a minimum guarantee of $20. Thla pro posal waa rejected by the emplorayon dyers tha recent 30-ho- P. W. Chappell, conciliator of the Department of tabor, was on the ground trying to effect a compromise, but the leaders on both Ides were so angry that hi early effort were unavailing. The council had much more to aay respecting other policies of the present admlnis-Fea- r Savings tration, includ ng hat It described Threatened as a constant threat of Imh.tion," a condition that tbe council felt was stifling per sonal thrift. It ashed directly whetli-e- r CONVERSATIONS preliminary to opened In s effort to Bruno hauitmann extradition from New and ost-ly- yers London, and the Japanese did what was expected of them. Am ly. Mandaw, tomwdor - MatmtatfirTS ffiT'AifinTrSr N. D.; Milo J. Warner. Toledo. Yamamoto told the British and tbe Ohio; and Qulmby Melton, Griffin, Americana In turn that Japan was Ga not satisfied with tbe existing Dr. Park W. Huntington, treaties every one knew that and . Rev. Lutheran act forth these main points: pastor of St. Stephen' church In Wilmington, Del., waa 1. The powers should agree that chosen unanimously as national Japan may have equality. In princhaplain. ciple, In defensive armaments. 2. The ratio system should be John D. Crowley of Cambridge, defensive" ship Mass., waa elected chief du chemln abolished, and limited on a total tonnage basis. In- d fer of the 40 and 8," play organization of the Legion, and Mrs. stead of by categories. 8. Each nation would drastically A. C. Carlson of Wlltmar, Minn., waa elected national president of reduce offensive" armaments, thus the American toglon auxiliary. cutting down the chances of any Next year's convention was war of aggression, while building whatever defensive shifts within awarded to SL Louts, Mo. the tonnage limit agreed It feels It needs for security. records all along the BREAKING the new streamlined train of the Union Paclfic.made an extraordinary run from Los An geles to New York In M hours 55 minutes. The best previous time j time. SILK and In to-- tbe federal advisory council, that is group of business leaders which besupposed to act as Intermediary tween tbe reserve board and the public. Tbe line of cleavage has It developed over gold. How far In the faith lo disturbing may go federal reserve system ss a banking structure la yet too early to fretell, but 1 find In many quarters quent questions as to the Indication that politics may be creeping Into government supervision of the country's largest banking unit, the federal reserve system. Tha controversy had Its origin In a statement of views delivered to tbe reserve board by the advisory council last month. Of course, the advisory council has no power and can only function In accordance with ita name and give auggeatlona to tbe reserve board. Its Influence nevertheless heretofore always has been an Important factor In federal supervision of bank policies and any wide difference of opinion between tbe advisory council and the reserve board naturally Is an Intluen tlal factor In financial conditions. The reserve hoard did not enjoy the statement of view from the advisory council, which was to the effect that no real or permanent recovery" can be hoped for until the federal government return to the gold standard for our currency.' It said unequivocally that the currency find credit supply uow existing Is ample for all needs and that bus! ness cannot be expected to go for ward until It has some assurance of a permanency la our currency. In addition to the councils criticism of the currency policy of the administration, It did not pull Its punches with respect to the count less go'vernmental experiments In business. I quote that paragraph of Its statement: "A serlotia factor of rapidly Increasing Importance Is the tendency of business enterprises directly con ducted by government agencies to reach out further and further into fields heretofore occupied by priv be capital, thereby destroying taxable values. The use of government money In compeiition with private business Is not onlv paralyzing to private Initiative but experience ha, , amply demonstrated that it Is generally Inefficient, and that effects reach far beyond the limitation of the particular In dustry Immediately affected. LIEUT. JOHN thyrp w Individual to save or to buy life in aurance and preserve earnings against the time when age will prevent i oiitmued production of income if there wa.s an overhanging threat that all tlie-- e savings may be wiped out by uncontrolled Inflation of the currency. the federal reserve Obviously, board was wrought np when the advisory1 council did the unusual ,hln of m,,U"e pub,ie vlpws- - A1 though the council withheld Its statement until three weeks after the meeting at which It was draft eHmd given ihe reserve board, that lapse of time did not aalve the feel lngs of the board. To shew how It felt about the action of the advisory council, the board very promptly met and adopt ed a resolution by unanimous vote returning the council's statement to its secretary. This spanking has aroused a great many business lead era who have expressed fears that politics now is permeating the two federal agencies, for the advisory council is a body created by statute Just as mtuh as lb federal reserve board. No one can tell what the outcropping of this situation may be. There are a number of men In the advisory council membership who have been outspoken In their of President Roosevelt support Likewise, the President has named two members of tha present reserve hoard, one or two others of that group of seven are entirely In har mony with his economic policies Con sequent l.VjjJiere is much tfilk in Washlng-o- n that the two schopls of economic thought are engaged In a clash that may be serious In jts effect on the supervision of thekmun i j York failed, so he was taken to a!) at Flemlngton. N. J., to await trial for the murder of Colonel Lind for transcontinental train crossing bergh'a baby boy. Attorney Gen was established In 1006, when the eral Wllentx and hla staff of assist late E. H. Harrlman. then chairants were completing their arrange man of the Union Pacific, traveled menta for presenting tbe case from San Francisco to New York against the carpenter. In 71 hours 27 minutes. C. L. Llghtfoot of Franklin Park, The new train also N. J- -. told reporter that hla son. established a world's speed record fifteen Richard, year old. bad Iden of 120 miles an hour as It sped tilled Hauptmann as the man who from Buffalo to New York. The had talked to the family' chauftrain passed over the stretch feur on the bark road ten days beof straightaway between Buffalo fore the Lindbergh kidnaping. and Batavia, on which, the Empire Hauptmann waa arraigned before State Express of the New York Cen- Justice Thomas E. Trenchard and tral achieved a speed of 11214 mites not guilty. The trial was pleaded an hour on May 10, 1803. aet for January 2 at the request of I Mr. Wllentx, who aald; "I dont W. A. SCOTT and Campbell think this trial should go through Black of England, flying their tbe holidays. ' I think It would ha Red Comet plane, won the great distasteful to the people. Then, too, London to Melbourne air derby, re thla la a capital case and the deduring the record by many bourn fense should have ample time to try banking structure. i The second plane to arrive In Mel prepare Its case." bourne was that of K. D. Parmen Whatever may be the attitude o tier and J. J. Moll of Holland. They --pHREE American physicians the reserve board, I have foand , have been awarded the Nobel gave the winners a close race considerable hod. though flying a longer roiite. CoL of opinion hold.nu Roscoe Turner and Clyde Pangtorn. the advisory coun time when lost Americans, they wandered from the course near A! medical school and Dr. George H. Ing within Its own" 'sptoVwben't. Inhabad, India but came In third. Whipple of the University of made the statement toJLr James ano Amy Molllson, tbe fa Rochester. The prize of $41,000 la As explained above ttotoarj Tl mous flying couple from England, led at the atari but were forced to or tver Vrapy r TPUBrt' from the advisor, quit In India by damaged motors. conneI1 and If It elected to do s J tube-shape- d e f i -- year. If v o.o. AitirjTvua ot Bankers and President Roosevelt Move Toward an Accord War Clouds Still Hover Over Balkans Legion for Bonus Cash Payment. rt t ZV - "tory will ar, they NEW YORK. Thought while a trolling: Many of tba social shoulder lifters have a shanty background. view It could allow the councils and forgotten. to ba pigeon-holecouncil But the point la that the ana Is representative of business therefor, and interest financial when It considered federal polldea of it waa speaking for that segment otherwise which Ufa our national Itself had no means of making la much opinion to vocal, according the National Capital. council Further, the fact that the administook direct Issue with the In many tration la being regarded I bequarter as a healthy sign. tha lieve there la no dispute about to or group Individuals right of criticize the political party responsible for government management at any time and If the particular part of our commerce and Industry, represented by the advisory council, feels dissatisfied with the gold policy, with the unbalanced budget, exwith the continual spending and on, there have gone that periments Inla a great number of people who disclosed. be should views those sist Some students of economy and government here hold to the opinion that such expressions may have a tendency to lead to policies acceptable to both side. This phase of the situation may he linked to the efforts which the administration ha been making to accomplish an understanding with the talcs Xw supp U drifting eastward rotatio theory hold thi lend causes the Rhke and thus for Galloways Ken- tacky term for a heavy downpour a duck drown-e- thought that a cause for Hingin Sam, er Magazine. of tha radio, doesnt look as S.lUtk one might Imr. - i - h. . I "The"length ethssea resem- i blances: Marc and Connolly Jas. W. Wadsworth, Lawrence Tib-be- tt e and Donald O'Brien, Julee G. Never Colt. Russell and see Eddie Peabody without hit wife. Havent seen a finger ring around a -- SUwk How lata do yo Sunday tnornlngr all "It depends Depends on whstr agine from hie up the holler drawL Hes dud-ls- Add kWtte, Bru-lator- alnca four-in-han- d Ralph Bartons That distingue sprinkle of white In Edna Ferbera hair. What became of Sailing Baruch? And hla middle hair part to hla collar. Never knew a taxi driver Cerwho didnt call it Dee-troshlrta the giving tainly with black ties a play. The 400 actress, Whitney Bourne. The SoThe dose of a liquid lea cial Register turns out for her. measured. The actios Vivien Fay, newest dancing toast. tt regulated to suit indivfcW a calls now the yokel Broadway forms no habit; yog agj , zither picker. Leo Newman is lost "double dose" a day t without hia old running mate. C. B. Nor mill a mild liquid lac.' Dillingham. Conversation piece: Ihe kidneys. what?" So leader I And my gold! business up gave gome Important The right liquid laatfo j N w balthrough frequent conferences at the How does Sid Solomon get that more a natural movemad, sam slick to his hair? George MatWhite House and through Informal discomfort at the fan. no of of the newspaper xrard. thew Adama, first and Indirect meetings outside It ft j I refer to the dinner syndicators. And atilt going, i Washington. Tim cathartic but p8 wrong Dolores. been walks like Beaton have Betz! which held, and meetings The Will Rogerses Mary suggests many in New York, by Prof. Ray1 Fe' mond Moley, formerly the number bluebells, sunbonneta and the starry most which JiP is cd widely g one member of the brain trust but lane. Elizabeth Arden is always about like a butterfly. Bernarr adults and children) is Dt ( ten now a magazine editor. Although jskr White House sources deny any part. Macfadden, nearing 86, stands on Syrup Pepsin, a piaaK ikP before perfectly soft. Its katiu In the Moley dinners, most Washhia head every morning based on senna k trot! rutm! Read here for all the ington observers accept the denial breakfast. bowels becot' will not The Sira news! atanding-on-heawith a grain of aalt. They are conent on this form of help, 'tsSm vinced that Mr. Roosevelt la fully do in the case of cailurtk, wteo Informed of the views expressed by New York artists were several ing mineral drugs. Ask yocf 'Ik Individual business leaders in those for Dr. CaldwelTs Sp; JNt weeks realizing the Robert J. meetings and that he is seeking a waa lecture whose snore live high basis of understanding with hack, Garden of Winter the ahow, SI light of no the stretch It takes business DeUaqucadw ui was the Bob Wildhack of Washing Imagination then to connect these "How is your htubtnf 20 year despite the ton Square and Gramercy various happenings, "Oh, badly enough fort forticome-bac- k of is an His ago. epic wounded feelings of the federal tude and courage. As a promising I think." reserve board. magazine artist, he suddenly cracked up physically and waa shipped to Henry P. Fletcher, chairman of California. There he and hts wif the Republican national committee, a game but constantly lossaid the other fought Makes It day he anticipated ing battle financially, although his health improved. He came to New Losing Fight 1,tt!e increase in York several months ago lookRepublican ing tor a break. Someone suggestin the house of representaact tives. lie can see no method, ha ed to Lee Shubert a made-uWildhack at used to perfotm for said, of defeating the dlslnusement an of cash that has been going on In friends. He was spotted in the rethe Roosevelt administration. atp vue that opened in Boston. Next pjast The Republican chairmans statenight he got his notice. A few days n ment followed compilation by the later, as he was convulsing au let Democratic national committee of diences, they asked him to tear up Th figures show ing the amount of cash ills notice. His struggles are over. a. that lias been paid out bv the govSAVE YOU Few know his health permits him ernment through its various chanonly a few hours on his feet dally. rror thi wash of 1 8w nels since President Roosevelt took Most of the time he must lie down. via M 10 . . . HAVI ra the reins. The Democratic commit- - Rut for 15 minutes of hla standing ACSMMfUT THE IT CHANTS tee compiled a list of states and set ii c liTTrnount as they have seldom laughed etc of motiey iTivfKhuted therein for reonly fki lief. agricultural benefits, public m day. DoYoalH it d : flit-tin- mera-ber-d- p Cleaned PLl c: if. works construction and otherwise. Democratic campaigners were not e Invited to tinfigures but 'hninnnn Fletcher ino.Med that was the bais and the real reason for their compilation. The Republican chairman told new simper correspondents In a press conference that he was not accusing the Roosevelt administration of buying votes bnt he added with candor that votes naturally were going t(L pn toward the source of money supplied. With several billions being distributed and a considerable amount being turned loose within the last month. Mr Fletcher made a clean breast of his feelings that It was difficult to battle Santa Chius, In connection with the Republican charges over ca si d i stri hut on bo b of the national committees have been compiling statistics respecting registration of voter through the Among reputedly richest stag actors are David Warfield, George M. Cohan, Otis Skinner and Joe - Weber. -- There is, incidently, constant over stressing the plight of stags players as result of the collapse of the theater. No other profession in the corona of eclipse has been so agricultural adjustment adminlstr Industrial centers hmv figures nd eating widespread Mere-- t In the ,ote tint Is natural- V to have a bearing on the status f tbe national recovery administra- mn. Many astute politician are -- the cuoe h-- t , den.7o go rB O -- rtong tto 'all e lr rPat cation t0 The 011toome he sti- rpf-'!- 8S S- - T"' awaken! p,cme the encjlraslng imerCS r,in,h'8thln linWa. 1 handsomely treated by Fate as the legitimate actor. Nearly all the high salaried stars, featured and character nia. Agricn'Mirai areas, according to t le regiv'rat.un lists, are prepared to support or ups.t policies of the in in the T d ere intermittently. Thi wastes as much as 10J gallon of gas In - Ask any Registered AC Dealer. Garage or Service Station to stop this ioasof moncyby cleaning your spark plug with the AC Cleaner. worn Replace badly ACS. new with plugs Help Kick: fUaetkaN! AJSTSJriSs' 05ssr. Cysts x JLo - la- Bzttu The long, narrow banana have a 0' own, green all their tropical atmosphere. to a novel and amuslnf children W Bermuda road walking down a W their on balancing leaf for an umbrella.th frequently larger and it afforda amp , , 'a . j. , t iathaH i Bahai, once the cpWj is the great cocoa po" The atate of T ' Oxide-Coate- mis-fi- re mil- lionaire division, is the wealthiest actress with the far younger Katharine Cornell a runner-up- . Among young aetors topping the wealthy list are A1 Jolson, Chic Sale, Eddie Cantor and William Gaxton, In the old trouping days, the actor rarely hanked in the traditional manner, Usually savings, to tide him over his summer pasturing, were sent to some cafe or hotel keeper. Bartholdi's Inn and Joels cafe were two better known caches for such deposits. Also Consldlnes and Churchill's. Actresses thought tha fVecu,l!.ty aRainst old fcg was They had added value In the prestige of personal adornmenL Rernhardt spent 80 percent ot hef savings on such baubles. Lillian Russell made no other kind of country In preparation for the election. These reports indicate that public Interest is aroused far beyond the usual condition Voters are awakened to the Importance of these elections. Obviously, there are manv local Issues to be fought out and settled by tbe ballot. The situation in California Is illustrative of this. Never before, I atn told, has California seen such a registration list as la made up there in anticipation of the vote on Upton Sinclair's program to eliminate n QUif,,!-- . poverty oakes Maud Adams, When your spark plugs they are try. m'e ,phi,,rj trouPers- - They 8re RettlnS higher pay and steady 1 ork ,or 40 weeks. Big movie catl'tdrals large cities with stags Rhws take care, ot a larger number. ,han ' ,maB'ted. iodeed there are "!re rmaments for tbe stellar dls- pay than ever before. The real niic raK0ly In the theater ha. amDR PU hox office m bahd. scene ah If ter, electricians and the like. . w. y Imt. - produces aa mcl1 It produced the ever found 3,130 sand la so full of a worth $100 a torn cu glera la district u,KTefD- k C Swarf'" Eenirestof.il (J - u ' |