Show NE NEWS NES S OF GURRE JT EVENTS Farm Fann Boards Board's Experiment in Stabilizing the Price of Wheat May Succeed By EDWARD W PICKARD CLE V U i CLE CIl S S M I through the medium of or the farm board s stabilization corporation is s engaged ed In another noble experiment namely the support or of the domestic wheat market to keep heep prices from experiencing e un unwarranted declines thus Ihus far the experiment seems to be successful for tor purchases by bv the corporation the price on th Chicago Board of ot Trade around the 73 cent level lesel while wheat In foreign markets ft as as slumping tar far farbelow farbelow below belo that point Before the week eel closed It t was as estl esti estimated mated the stabilization corporation was as holding about bushels and It was as said In V ashington Washington that the fedel federal 1 farm board would ask ash congress in the n next t session for un an another another other appropriation of to continue the purchasing policy the fhe coarse grains committee of the board rd nt at a session Ion In the Capital C strongly endorsed the policy adopted bv by the C corporation It pointed out that prices of coarse grains rains had failed tailed to reflect the shortage caused by la last t summers summer's drought owing to the th we In the wheat market marIet A check chech to this decline has been es essential It if coarse grain prices Ices are to show the strength th war ur warranted warranted ranted bv by b the feed reed shortage this year yeu the committee declared It recommended that the Treasury safeguard the lie Interests of domestic producers of or coarse grain by by Ie yin the maximum im duty dut on all mixtures of feedstuffs The gO governments government's stabilization et efforts torts forts were ere at Ur first t severely condemned by many grain men meri but their success In the admitted crisis brought about a decided change In opinion and won general support for the plan How however However ever eYer there remains the question of the disposal dl of the great greit surplus ac accumulated accumulated accumulated cumulated by the corporation Whether er r any an considerable part of ot It can cnn be besold besold sold fold Is problematical for tor other countries are getting ready to pre present ent this bv by b anti dumping legislation and decrees HS and bankers bunkers of or then the P n western estern provinces of ot Canada are doing what hat they can cin to restore wheat prices and pre prevent present ent a recurrence of the slump lump and with Ith a n me of success On the V Mi grain prIces were ere rising and greeter ter re confidence deuce dence was as manifest The leaders loaders up Te declared the Canadian wheat w t he he p pool l would not be In broken o I en by the crisis The Tho premiers of Manitoba Alberta and Saskatchewan an were ere in do conference In Montreal and suggested that the theto to gos set i t temporary of about 70 cents a bushel A dollar ho however er e Is the goal goil of fl farmers and wheat heat tro growers ers of or Alberta Albertn ur urged i a of Sl 1 tai Any day plan for stabilization by the Dominion go government must n alt the return of ot Premier Bennett from London Imme Immediate late reason for Cor the farm BUH board s action Is thus set s et t forth by br brau byan bynn au an expert epert t The western estern wheat heat co es both in the United States and Canada hn base e borrowed hea 11 from banks b As wheat heat prices declined and the margin marln of collateral teral got thinner and thinner the co cu- cu es were ere faced with Ith just one thing the thing the forced selling ot of millions of or bu bushels hels of wheat A drop of ot a few tew cents more a bushel ml might ht bring brine on a n crisis of ot major pro pro- pro pc millers tune tense been con contending contending tending with Ith plenty Ilent of ot ur or tiers upon the theory that wheat vv licit t can 1 be e bought hought much cheaper per at a later date Possibly bu bushels of heat were affected In these t two 0 sit olt situations So Mr I egge ege and und hl Ills his asso associates t of the lie farm board a 1 ln the market to stabilize prices X A T T 1111 a stirring and nod optimistic V speech PI 1100 looser Hoover er opened edue night the V hate horse oh on child thUd health an and tion which kes to dl develop elop Into Inton n a national welfare program m the SUI sug suggestions he made i 1 a year ear u o rr el ele e hundred e experts c ts hive base been heen worl ingon on the problem problems he lie tt ct forth it t that time lU rod ind it w is for far tills this to toco toco toco co or their solution is hen th the bl bi J j withering had been heen c to older oilIer bv by Secretors n ecret Its chirm ch irm Mr Ir Hoover er delivered ered his address In hes he s sl sed ed for safe safeguards fe guards and to childhood be- be beyond be beyond yond ond the reach of If the Individual parent and n which filch can cin he pro provided only bv bs the the state or the nation If If we ve could hive hate e but one generation ot of properly horn born trained educated and healthy children he lie said cald i a thou thousand sand other problems of ot o would vanish Ills His solution for the que questions concerning childhood which lie he said should stir i a nation was much learning and much action G the collapse ot of the In C vestment estment bani lug ing in house of Cald Caldwell Caldell ell R Co of ot ash I Tenn more than fifty binl nl bank s c ha have hate e closed or suspended payment Most Mo t of them ire are I 1 Tennes Tennessee Tennessee see but some orne are In Arkansas Arh Ken fen Kentucky tucky and Missouri The affairs ot of Rogers Caldo Caldwell ell head of the 10 incest Investment cst ment concern anti ind formerly regarded as asa asa n a financial wizard hid had been In parlous state since September when hell a n state bank banI examination of a subsidiary of his company the Rank Bank of c fused the authorities to require a deposit of ot 18 10 SoJO In securities to cover liabilities Incidentally the at attorney attorney attorney torney of ot l Tennessee ennes ee now nn an pounces these securities arc are missing Thursday morning the Central l Bank and Trust company largest Institution In Asheville Ashe llie N C failed to open for business A notice was as posted stating silting the bank banle was clo do ed ed by order of the board of directors tors for forthe the conservation of Its assets The banks bank's latest statement st of condition showed shO deposits of ot more than 18 w 1 Virgil nell neIl president of the I bank of ot More Hor-e e Cate Ky which closed dosed early In the week committed suicide by hanging RUSTLES and faculty of the Uni B T of ot Chicago hive have sanctioned s a 8 radical experiment In education The traditionally lly four year ye course will be aed a tern substituted whereby a student may be lIe graduated ted whenever hene able to pass sJ examination e r requirements The uDder undergraduate school chool rod ind the graduate te coli college ge as such will be abolished The Institution hereafter will consist of the prote professional lonal schools and lave five dh 1 lonc In the arts arts humanities the biological sciences the sciences the ph physical sciences and the college collee President Robert laynard aynard Hutchins says of ot the It It means meins that we e shall be bo able to ordinate toco-ordinate ordinate co-ordinate our teaching nail and to co coordinate coordinate ordinate our scholarship 1 I he stu student student student dent who hitherto his has been pre presented by departmental limitations from wort orl worting worlIng Ing In fields related to his special In Interest interest terest will sill 11 get et such cuch an nn opportunity from the divisional program Co or- or or achieved eel by dh pro program gram means mans a saving to the er sit in that duplication of ot cours courses willbe II be Our research program will be he aided because the dh divisional or puts In one group all the time faculty mem members members members bers who have a n common Inter Interest It and relation In their work T 1 hose students n ho wish to obtaIn only v a education may get Jet It ns as fast fa t as they the are able and If It that Is all they want they mn may depart rt from the university with honor Rv nv en ahling n a n f student to acquire a n jeneral education as os quickly as ns his ability per permits mils mits a considerable saving sa In time should result for tor those who ho wish Ish to 0 o Into professions such as law or medicine E GLA Is 11 is Hearing some unpleasant i ant statements concerning her rul rule of India from the native delegates to the roundtable conference In I T ondon And those delegates tes representing the princes the Hindus Hindu the Alo Moslems lems the Brahmins and the are united In the nJ dem that hI he granted nt at least dominion status Ith federal rule Amon Among the distinguished Indian wire ho voiced th their lr countr country's wishes last t reeL wire were the of ner III Ica till n prince Sir Ir T loj el ej in III dur leader of or the Mr Ir a n brilliant young V In lawyer er Dr It n S a n Hindu I lender leader er All MI prominent Moslem and the be Begum Shah Shall Nawaz Na The attitude of the Tories of or mg land was set forth by Lord Peel former for for- former former mer secretary of ot state for India who surprisingly asserted that no promise of dominion status st now no noor or in the near future e had been given en bv by Great alp ain After defending the British rule role In India he lie suggested that a be beginning be made by hy giving gh Ing the pro provinces a certain tamn amount of autonomy while main a strong central government ed from the present one There v t auld be time enough h to change chango the central go government after the provInces provinces Inces hid had pro proved ed their capacity to rule he lie said S 1 mK S and riots prevailed In Inmany inmany many cities of Spain for a week and nd strenuous efforts were ere made macIe by bythe bythe bythe the Republicans and Communists to cons con conert ert them Into c i political demon demonstration that would 0 overthrow the monarchy Rut nut the government adopt adopted adopted ed stern measures and succeeded In quelling the disorders The fhe biggest ot of the strikes was In Barcelona always nys a center of bance but after se l er days davs c Its abandonment was ordered by the labor federation that started It In Madrid and Salamanca there were el e 03 es by students who demanded a republic The wiser ier anti monarchists In Spain belle believe e they will succeed before beCore very long In their alms but that the time Is not y vet et ripe lI CEAT I- I CI T editor of th the tha S STENIO Haiti Journal i a law lawyer er and for former former former mer diplomat was as elected PresIdent ot of Haiti by the national assembly to succeed Eugene Roy Hoy Vincent Is one ot of the most strenuous opponents of American occupation and his was rather a surprise He ne Is the first r regularly elected President of the republic re- re republic re republic public since American Intervention Inter In UnG 1910 Following the recommendation ot of the Hoover er commission that went to Haiti In February that the office or of American commissioner general be terminated Brig Gen John Jolin II H Russell has left the Island and the new Amer AmerIcan Amerlean lean Ican minister Dana Dalla G Munro has sr ar arrived arrived rived in Port Au Prince the capital I CHARLLS P GIN G GI on Thursday concluded his has four year term as ag chief of staff of the army an and was succeeded by Mal MaJ Gen Douglas Doulas MacArthur In his Ills farewell statement General Summerall spoke enthusiastically of the reorganizations florl that th hive have given gisen hen the country its best bestor organized or army since the armistice and gave gale a e high praise pr for the officers and enlisted men s Intelligence Inte loyalty and devotion rIe to duty dut R ot of the prohibition refer reter referendum held b bv by the American Bar nar association show tint that of ot the members voting toting OUn are In favor of repeal of the amendment while G are ure against repeal Judge Orrie OrrieL L Phillips chairman of ot a that handled the matter m says ays that whether hether the association In view ot of the referendum result will take t tikes steps toward tord to rd repeal at of t the amendment probably will not be n until the next net meeting In At Atlantic Atlantic lantic City nett next September He lIe also said It was possible that no definite action would be tai tal en then G of liquor and aliens S hi by b airplanes from from Canada bj by b two 4 erful combines ha has beta been Ith the Indictment of ot fourteen men by a federal grand jury nt at Detroit Although h the operations oper of the lie flying rum runners were sere ere confined for the I most part hart to the Detroit area aren plane planeloads planeloads loads louds of ot whisky and fancy liquors oc I were ere flown down across the berder ber der cler direct to fields In the vicinity ot of otI I the larger cities In Ohio Indiana and Illinois It Is charged that aliens I were ere tarrIed carried as ns extra car cargo cargo go 10 on the liquor trips and that special I trips wire were occasionally made tor for allen aliens I A BOUT BOAT a score of ot men women nail ABoUT A n were ere killed hilled and ancl a n hun hUD others Injured by a tornado torn that struck the little church colony ot of a n five few miles mills from Oklahoma pHy Okia Okla More Inre than two t hundred buildings nett destroyed cd by the t tr I r Ille 1 lie he storm sturm first struck n a count count y Ft hoot lioi Ilot sp se w it I Ie e four pupils ded lcd l IUn 1920 lun I |