Show news I 1 aws review of current events the world over senate to P rewrite revenue bill lindberg Lind berghs lis still hopt hope despite double crossin crossing april market crash cost six billion dollars T HE senate win will rewrite the billion cani chairman dollar tax bill bl passed by the house reed bcd smoot fleance alna of the senate committee atee tt ee announced after a long lone ong delay in getting down to busl nes on tile the budget balancing measure action at last appears in sight many of the soak the rich provisions of t the tax bill may be eliminated in the upper houses rev revision islon announcement followed a hitter bitter partisan debate in th the finance committee for nearly early two hours secretary of the treasury mills and senator barri soil aon mississippi democrat sparred for political advantage over the revenue measure harrison sought to have mills mill sub nt it a tax program which could he be labeled pan an administration bill mills that the treasury sticks to its s original recommendations pre to the house ways davs and means committee and rejected millis promised to submit to ohp committee two new proposals minor modifications in the treas first program these lie he indicated would he be for ION lower er taxes on home consumption ot of sas gas and electricity and for a t tax ax on wort and malt mait ile he RISO also told harrison he would point out specific flaws in the house bouse tax bill rind and suggest corrections this action he warned could not be considered its as offering a treasury program because the treasury Is bitterly opposed to the house bill the general manufacturers sales tax as carried in the bill reported by the ways and means committee Is acceptable cep table to the treasury mills reiterated ile he suggested that the treasury would mould like to have the committee accept a 1 per cent manufacturers sate sale tax estimated to yield mills was optimistic over the federal economy drive saying a minimum appropriations slash of Is definitely in sight after conferences between the president and the house economy committee T LIE HE senate banking committee was L advised by richard whitney president of tile new york fork stock exchange that stock and bond values had depreciated at least six billion dollars during the april collapse in security values testifying as the principal witness in the committees in resti festi gatlon gation of short selling on the stock exchange mr whitney said that the drop in securities values had been as drastic richard during the past week whitney as during any other period of the depression ile he concurred in an estimate by a committee member that stock market and bond losses lomes from the peak of high prices in 1929 1029 had bad dropped mr Whit whitneys estimates were made at the conclusion of the second day fit at the committees attempt to pin responsibility tor for recent stock market losses upon the activities of wall street bears engaged in short selling operations at the conclusion of the days hearing the investigation was adjourned until monday when mr air whitney Is expected to place before the committee a complete record of the short sales during the lost last week together with a list of the prominent bears abo bo have been on the short side of the market mr whitney vigorously denied that short sales had bad anything to do with the recent drop in values asserting that widespread liquidation and unsettling business developments rather than bear raids were responsible tor for the drop ne ile asserted and produced figures to prove his point that during the first week of the april decline the reduction in stock prices was accompanied by a decline in the short interest or short sales in response to questions ur mr whitney bald he be thought between fifteen and twenty million per persons 11 ons were trading on the stock market when the crash came in 1929 1920 aspite the failure of the kid DESPITE drapers anapera to restore the lindbergh baby after the ransom was paid by colonel LiDd lundbergh bergh the belief persists in official circles that the child will be restored to its parents the optimism seemed to spring chiefly from faith to in the ability of dr john F condon of the jaisle Jafs le contact to re communication with the gans which Is believed to be holding the baby stolen from his bis I 1 N J parents home borne near hopewell on march 1 doctor condon Is reported to have told the members of some of ills big classes at new rochelle Ro cbelle college that lie be had recognized the penmanship in all the notes from tire the kidnapers as the handwriting of a former pupil it was supported too by the growing that the kidnapers as aa well as the babas father we were e double crossed by the mysterious individual who received the in currency from I 1 the he hands of doctor condon on the night of april 2 in a lonely corner of st raymonds cemetery in the bronx no word has come from the criminals however since once the money was paid in order that doctor condon can pursue his efforts to recover the buby baby free of official interference representatives of colonel lindbergh have requested bronx officials not to question him they agreed to heed beed the request A new naw and puzzling angle was injected into the mystery when dispatches from london quoted an article in the dally daily mall that some in P of the ronsom hills had been found in the lie british capital colonel revealed that efforts to trace the ransom bills had bad not provided a clew A woman oman was questioned for several hours in manhattan in the belief that it was as she who vilio te one of the bill hills 1 in n p payment y 8 n for purchases in fit a greenw greenwich le h conti conn buke slinia monday night pat slie site finally was as released with apolo kles P plans LANS for retaining tile the full fight ing strength of the united states fleet IQ in the pacific Iaci dc while conditions remain unsettled in the fat fai kast east are being considered by adminis administration administrate trat on officials fici als fals at present the scout scouting n g as well as the battle force Is if op operating in pacific waters orders however call tor for the return of the scouting heel fleet with its big eight I 1 inch ch gun cruisers in may it Is expected expected these orders will be canceled th state department it Is reported notified navy department officials thai that if practicable it would like to have the scouting force retained in the pacific following the hawaiian Ela wallan and west coast maneuvers which were concluded several weeks ago the understanding Is that the state department officials took the position that maintenance of the fleet at its full strength in pacific waters would have a beneficial effect on the tar far eastern situation P PRESIDENT RESIDENT PAUL VON HINDEN her berg who was reelected elected re president ident of germany in the runoff run off election by an overwhelming majority issued a proclamation accepting the election and sa thanked the german people for their renewed expressions of confidence he pledged himself to continue to serve my fatherland and folk with all my power true to my 0 oath I 1 will continue to fulfill toy my duty of remaining above all president parties with justice Hint lenburg dominant and with a fixed desire to help our fatherland to freedom and equality externally and to unity and progress at home he said bald the eighty four year old president again urgently appealed to the german people to unite 1 I implore all german men and women whether they voted for or against me to cease their lings and close their ranks he said again as seven years ago I 1 appeal to the entire german people to cooperate it Is necessary to unite all powers in order to surmount the present confusion and distress only by standing together are we strong enough to master our fate therefore in unity let us go forward with god ADOLF aby DOLF HITLER has been ordered by the german government to dis his army of national oat lonal socialist shock troops and to end terrorizing izing activities for or abiel it holds them responsible this sudden blow at the strong fascist organization came to in the form of an emergency decree signed by president von hindenburg this decree dissolved immediately all quasi military organ organizations I 1 lations zat ions of the national socialist workers party A minimum punishment of a months imprisonment Is provided by the decree to which may be added a fine for any participation in the dissolved organizations or support accorded 11 it THE LIE panic which swept over portions of argentine and chile as a result of the eruption or nearly a score of volcanoes in the andes mountains quickly subsided as the ore fire and ashes which had belched from the craters diminished scientists immediately began an investigation in an effort to discover what bad caused the phenomenon several parties of sels seis made air surveys of the volcanic regions meanwhile the great area over which the ashes fell extending the entire width of the continent from the pacific coast of chile to the atlantic coast of argentina and uruguay and about miles wide ade looked as if it had been visited by a hea f sno snowstorm w at some points the ashes were reported to be lying 14 inches deep HM battle over immediate eash payment of the soldiers soldier boons bonus flared la in both houses of congress tuesday as uia the house ways and means committee began hearings bearings to determine whether whether the public should be asked to assume an additional two billion four hundred million dollar cash burden to enable the world war veterans to cash their adjusted compensation pensa pens tion atlon certificates the advocates of legislation permitting veterans to cash in their bonus certificates at once disclosed that they hope to float the bonus law through congress as a ro measure rather than as simply a bill to advance veterans upwards of two billions in cash spokesmen for the bonus law asserted its passage would start the united states back toward prosperity by increasing money in circulation cu boosting prices and reducing the value of the dollar shortly after the bonus advocates advocate had had their say gay the movement for full payment of the bonus was assailed in three quarters senator joseph T robinson dem ark senate democratic leader issued a statement in which he be asserted that payment of the adjusted compensation certificates would produce harmful results majority lender leader henry T rainey dem and representative hamilton fish rep N T Y also attacked the tha bonus laws USTICE PIERCE BUTLER of the J J united states supreme court handed down a decision that throws a further safeguard around the american home against unlawful searches and seizures the decision affirmed the circuit courts decision that the prohibition agents W who ho raided on a mere arrest warrant the 0 new york lork premises of daniel M let kowic and pauline paris used by them as headquarters for pierce butter butler fine bootleg bootie 9 liquor orders and then took possession of all the papers and documents in the room were not legally justified in so BO doing the supreme court holds the arrest of Lefkow lz was properly made but says there Is nothing in the record to support the claim that at the time of the arrest the offense for which the warrant was issued or any other crime was being committed in the presence of the officers the mere soliciting li of orders from the room in connection with the other uses alleged in the complaint Is not sufficient to constitute the maintenance of a nuisance thereon P PRESIDENT RESIDENT HOOVER and gover nor roosevelt won favor of the electorate in primary elections and conventions in five states in illinois although the delegates to the state convention are uninstructed ted it Is believed that a majority of those chosen favor the president for governor judge henry horner of chicago won the democratic nomination while the republicans chose former gov len small in Ne braskas preferential primary governor roosevelt was the winner for the democratic nomination by a substantial margin the slate of republican delegates favors president hoover whose name did not appear on the preferential ballot the prospects of both president hoover and governor roosevelt were strengthened by the action of three state conventions in missouri the republican convention instructed the entire state delegation of 45 to vote for hoover the florida republican convention pledged nine delegates at large to hoover district meetings gave him tour four more and two other district delegates remain to be chosen Kentuck ys entire democratic delegation of 26 was instructed by the state convention for governor roosevelt to vote for him as long as his name la Is before the national convention ilance does not take a fancy to athe FRANCE the american proposals for dl dis armament as presented by hugh S gibson the american representative premier andre tardieu of france representing his government bitterly assailed the plans at the geneva conference real mr gibson proposed that tanks big guns and gases be abolished in the interests of security but he be made no mention of battleships the most obvious hugh Gi gilinson litson sive weapon said M Tard tardieu leu abolition of certain types of aggressive arnis arms will not naces barlly provide security he said but might on the contrary be disadvantageous vant ageous to an invaded country T the b e only means to security ha be declared deb Is common action against ark an aggressor this was generally accepted as a restatement of the french proposal tor for placing offensive forces at the tha disposal of the league of nations in any case the premier reminded the conference this disarmament meeting inc eting Is under the auspices of the league of nations and he suggested that non members of the league keep this in mind mr air Gib gibbons gibsons sons proposals were la in line with plans worked out by norman EL H davis in conference with president hoover and secretary Stin upon 0 1932 1 western newspaper vala |