Show ECONOMIC HIGHLIGHTS that affect the dinner palls pails dividend checks check and ta tax bills of every individual Nl Ni problems and international lems inseparable from local n n elfare Today Central Europe is the madhouse of the world orld Great pow PO powers powers ers are literally ally sitting on P power Per er- er kegs and only a spark is needed to produce the greatest e explosion since 1911 The last world orld war stal started ted when hen a half haIr insane anar anarchist chest murdered an Grand Duke in a city fe v Americans hid ever evel heard of It tikes years sears ears to prepare the stage for major wars wars- wars ars- ars to build up the hatreds the mis- mis mistrusts mis mistrusts i trusts the fell e that underlie I th them Once the stage is set how how- however however ever er only minutes are required to get the play going Behind the as assassination of Chancellor Dollfuss Austria's five foot tall iron man is an involved crooked clo close e to untraceable chin of events that go beck bick to the post postwar postwar 1 war peace pacts Modern Austria IS a head without t a body In the theda da days S before 1911 the old empIre embraced 2 30 square miles of territory harboring i 1 populatIon of After thear the war ar the map of Europe was as remade to the order of the victorious countrIes and when the operation v was as finish finished i ed Austria had been r reduced to people with a little over square miles of terrItory I Much of this land lind is worthless from the standpoint of production and and neighboring nations erected elected hIgh tariff barriers to pre prevent ent the small amount of export Austria could hive had Only loans have ha kept her from bankruptcy du during mg 1 I the past fifteen years sears ears As Ac i l re result her people are arc de- de despairing de despairing frightened wondering She is thus always facing pot poten- poten potential en- en revolution It is that fact that I HItler is seeking to take advantage of Germany Germiny too was as dIsmember dismembered ed by and war war and the Nazi IS ISto isto isto to restore the empIre that once nude Potsdam the most Important capital of Europe Hit BIt BItler Hitter Hitler ter ler behe believes es that the way to do that thatis IS not by Ima invasion France invasion lOn France France Italy I and pel haps England with great armIes and navies would CI crush ush him himas i as soom as he started if he trIed I that cours course but course but but by establishing Na i governments gO in other central I powers of which wInch Austria is one Dollfuss as was the great defender of Austrian a independence independence a ChrIsI Christian Chris I tian Socialist he although a su- su supreme supreme su supreme preme dictator hated the Nazis Nazis- Nazis and his removal remo was essential to NazI hopes The Nazi attempt to tike over the Austrian government o daring 15 14 it was failed Ital Italy at once mo moed moved ed 50 troops to the Italian Austrian she frontier frontier she with Ith France is pledged to maintain Aus AustrIan Austrian trIan independence There is no altruIsm in thiS thiS-It this it simply self protection She knows well that if the Hitler dream IS achIeved Germany will once more become a great industrial and mils tary power po and that it will be only l 1 matter m of time before e she again agam trIes to conquer Europe Most lost desperate of Austrian problems problems problems lems now no noIS is civil Nazi wr-Nazi Nazi senti senti- sentiment sentiment sentiment ment is strong among the AustrIan and the government emment will be ruthless in m seeking to subdue It The new ne Chancellor is Dr Kurt an ardent anti nazlI nazi I When Dollfuss died it looked as asif asif If the lid ltd had been taken flom the Central European powder k keg g at last and that the spark was about I to be applied Then the lid hd was clamped down again agam But it SIts loosely in m its the posItIOn position the dJ dyna dynamite dynamite na mIte is still there and the fuse ready for th The Thc only certain thing one can cansay cansay cansay say about the business outlook at this time is that thit it is uncertain A number of factors hive united to j toj retard the further progress pi ogress of re- re reI recovery recovery re recovery I covery Among these al are aie e Lethar Lethar- Lethargic Lethargic gic IC credit due lar largely ely to uncertain uncertain- uncertainty uncertainty ty as to what is going to happen to toI the dollar the rising 1 level el of con construction construction I costs fear that the new I securIties act is to deal an another another another other blow to industrial financing the growing labor problem the be belief belief lief that government will further restrict and regulate business the prospect of still higher ta taxes es Sur Sur- Surveys Surveys veys eys indicate that the small busy busl busyness business i ness is finding the going hardest i the increased cost of doing bus business mess IS more serious to it than to the large industry with sizable cash reserves which can stand financIal dram drain lon longer er Of all these problems that or of labor is as serious as ns any The San FrancIsco general strike n is over and there is no apparent danger that other cities will have to un- un under un undergo der dergo dero o a n similar experience A num num- number numA number number A ber of striking unions have voted heavy majorities in favor of or arbI- arbI arbItratIOn arbitration arbi arbitration by a n government board All that th is encouraging But the fact and and business leaders l ders knout l that It-that it that the labor leaders le are not satisfied that success to them means per pcr cent closed shop m- m in There is much bItterness much anger much mia mUI understand understanding mg ing in m the ranks of or both workers and employers Arbitration can smooth matters over and effect cat cel cattaro taro tain but adjustments adjustments but it can cant t solve the problem entirely It I seems certain that labor will con continue continuo to be lie a burning issue for for- many for many months to come The belief belter is widely held that the questIOn of future political trends IS also a n dampening influence on business ind that industry will 00 lx quiet until the results of the Nov Nov- November November Nov November ember elections aie alc known n |