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Show TNfSIDE 1 STUFF Politics and Finance Osirlshi. alcclr Mi nMU.1 ' WASHINGTON Br Paul Mail Th British AM a hmiwII en Ik Manehariaa ewttea nasally. Tkey MUndr stepped try' to kleek aeUea by fee tnfM natlaws and Joined nan wHh these who r weald slsp Japan the wrltt The eeaveraiaai Buy he MWBUtn - An underlying reason waa thai Ik Cklaeea press waa getting kelllgereal-ly kelllgereal-ly aaU-Brttlak. Tka veraaealar dl-lara dl-lara halted Ibalr naee-tkaasklng al Ik Japan and lara' their widespread fixers as Sir Jeaa Sins. H bad kaa pkenagltng areaad Gaya I prevent aalKlaaaB aeUa Tk British eeald at alaa4 far that, Tky have MaaviUI lalaintt la Cklaa wkiek far aalwl(k their peace Inter-eat Inter-eat la Ik Pacific. Tky awa Ik kt-Ur kt-Ur pert si Ik Tangte valley, Hng-kaac, Hng-kaac, Shaag aal and TUaUla. II did aai Uk Umbi tang la flgar Ikal 1 Ikcy bad kaUar ckaage sides, It U quite obvlovu that London ordered or-dered Sir John to ncf otlata th change of front Action waa presumably taken by th British cabinet The Instigator waa Premier MacDonald. Until then he had let th cabinet fae-" fae-" tion favoring Japan hav lta own way. Th chance does not mean that any-thin: any-thin: important will be done to Ji- pan. It means that a show of doing ' something will be staged to pacify China. And It also means that Asian precedents will be Isid down carefully care-fully for use when Hitler gets going strong. see Admiral Trait did net fib when be said ke was keeping Ike American fleet la Ike Pacific another year far reasons of eeeaesay. Be last meant eeeaesay et words In ear far eastern Seller, net economy la money. Latest official confidential reperte from Japan Indicate anti-Amerlean feeling kas net dlsalnlsked, even Iheagk yea seldem near aaeal H In scat dlsaalekea.. The nest Cjaallfled Japanese eearees here say Japan will sarely withdraw from Ike leagae If the decision there gees against these. Tkal will ke ealy of payehelegleal Isa-1 Isa-1 pertanee. Under leagae rales, ker reslgnatlea weald net become effective effec-tive antll two years after Its sabmls-sien. sabmls-sien. e e e Th new desl may include a naval building program. The first feeler toward that has been put out by Floor Leader Rainey in the house. He wrote Secretary of Navy Adams asking ask-ing how much it would cost to build up to our treaties. Adams gav him an extensive reply. . There are other indications that Mr. Roosevelt feels the next step toward disarmament is for us to build some ships. Then our competitors will be more willing to disarm. e It Is the weather, and not th Chinese, Chi-nese, which is holding the Japs back in Jehol right now. That It why you have seen few dispatches regarding Japanese military activities. They use water-cooled mschine guns and A tanks, which cannot operate efficient-' efficient-' ly in subzero temperature. Demcral In congress are already beginning te spill Into bleee. lnfla-tienlsts lnfla-tienlsts are one (reap working ar-denUy ar-denUy te kill the Reeeevelt eeeaesay pregraaa. Tkey tklnk the way te fa-tare fa-tare success Ilea In Ike eppeelte dl-reeUan. dl-reeUan. Tkey knew government sate f will postpone Ike day t their dreams. a e It It a Mills family secret that Treasury Secretary Ogden L. must spend two weeks of every year in California. The stipulation was made In his father's will. That Is one of the main reasons he is going home j with Mr. Hoover. He got in th two weeks lsst yesr during th campaign. Apparently, his father thought highly high-ly of the California sunshine. They say he might have also specified Florida, except that only Democrats wer allowed there then. e a e A senator it supposed to hsv told . Sergeent-at-Arms Barry how he could hav slipped off scott-free. , He suggested Berry write a confidential confi-dential letter to esch ot the M sens-tnrs sens-tnrs announcing that he would tell all he knew. The senator promised there would not be a quorum present pres-ent to vote on the Barry case. You are supposed to laugh at that It Is a Joke, not a fact see President Wilson's termer physl- clan. Dr. Gary Graysen, at Ike one was kas kept Senator Glass wavering waver-ing aaeal acceptance f the Iraasary peat They are good friend. Dr. Grays I net exactly pleased with lOonllnuf d en Teal ' INSIDE STUFF . Politic, Finance (OeatlSMsd Presa ra Oae) taw eeaaWs nhyaleal esndltlea. Ha w. tk uamil as tha Olaea faaslly , tt list of investments to the public gsie. Other bsnkera approve the principle, princi-ple, but are aot likely to follow suit Corn Exchanges foreign commitments commit-ments are much smaller than those ol IU competitors. . . e e e The Nw Trk Federal Bsesrva beak stepped lata the breaek last week sad keagkt M.M.e worth of gvarasaal la aa rfrt to erf set ia eeaUaeed ahrtakage la autabw baab roeereee. Tbe Cbleag baak as aew deflalMly eaaaltM against the New York pelley. Mas af ta otbar regional baaka are an aae aide at lb lease, aeaae en lb other, bat aar praeMeal asslataasa green to ta New York frefrase will b anarf ly Hearted. o Negotlstlons ar under way for the In orgaunealo be kas sneda. a a The (rouble with th senate ia the Barry case waa that th mm who liv by criticising others can't take It themselves. . . Alter hearing all the charges they heap upon their enemies nd esch other, you would be surprised sur-prised to learn how thin-skinned they actually are. particularly to press and editorial criticism. . . Benator Borah la an exception. . . He believe these who liv by th sword should expect to di by it, and one said: "In tha verbal encounters of this world, lam V willing to undertake my own defense i court ar too busy and too slow." I ... Congressmen Ludlow, author of th current book attacking federal bureaucracy, Introduced a biU the very first day he came to congress I proposing to make It federal off en to put lead slugs m slot machine. I NEW YORK Br Jane MeMallla I Th eleetiea ef Laadea K. Ttwra aa director el the Flrai Natteaal baak at aigalrleassl ef a eleeer tleap aawa several hug Nw York baaka. Tbera Is already a Urge etoekhalder aad dl- ' taster ef Baaktr' Trast sad a (art-Bar (art-Bar f BeabrlgM C. Aaetksi Ba- bright partner Alfred Leaaale ta s director ef Ceatral Haaever. Baa-bright Baa-bright C. ha a Mrgaa aUlliy Uee. Thara aad Lee sals between them eared Ike Beabright firm when M waa la dtff leelUee la lt. Frederick W sleets aew Master fresa CeaaeeU-eat CeaaeeU-eat left the firm aeea alter thy leek ekarge. Wall street's gaeee la that Tkerae ! may b aaked to try has haad at haal-i haal-i tag First Natteaal' eeearliy affiliate oat af the sea p. Tkl affiliate has ' Mffared mar than mast. Th l-t l-t mural M belts atalast lease I el-mated el-mated at IU,, las than the leant Ihsmaalvea. i a a a I Morgan Interests have acquired In-, creased holdings In National City I bank, which answers the comment of those who noted the absence of ' National City representation on the list of 51 notable citizen to advise the senate, t . e ! Tbe Corn Exchange bank ha upset 1 precedent by exposing Its detailed merger of many of the small banks In New York Cfty Into one or more larger institution. The move baa tha warm approval of th New York state banking department Th email banks are liquid enough and perfectly perfect-ly safe, but are unsble to eern anything any-thing on their smsll capitalization under un-der present conditions. The plan will take long time to work out The email bankers have their pride, and they take unkindly to the Idea ef leaser titles. Also each of them la auspicious that hia Institution Insti-tution might be abolished once the merger waa consummated. Twwty-flv t ef M set aa aim whash bar ssaaed ItU saaeaMBts ehaw taeraased praflla far that year ever Hit Twelve etawre ehaw smaller leasee. In sam, II par at 1 empaale repsetlaf to data did tetter last year than th yar barer. ba-rer. Th tersest aemaaalee to skew la-creased la-creased preflle are ataadard Bread I Merge) aad Atlaatle Banning (Baokefeller). Carteaely, there are ,twa rallraade aa th HI Baagar e Arssatssk aad New Yerk. Oaterte Weatera. Batter Brea, Baldwin Lav aaaaetlve aad Paetfta Must were amesg usees to re see their toss. Qalte a tew maaale did nearly ae well la 11 aa la Itll. That Uat iawledoe Cbeeaaeake Ohio. National Nation-al Btsealt, Paklle Servle af New Jersey. Liggett Myers sad Baynalda Tekaaea, 1 ' Th Wall street whisper hss It that American Can is dickering with th big four tobacco compenie to supply them with new tin container of 25-cigaret 25-cigaret capacity. The Republican assembly caucus at Albany came within a whisker of taking tak-ing vote of confidence on State Chairman Macy'a leadership. It this hsd hsppened It would have busted the Republican majority in the assembly as-sembly wide open. It waa headed off by snappy work on the part of Speaker Speak-er McGinnlaa, who aaw his own Job endangered. But this scrap la bound to com to lit again soon. ! Several areas teeal Wall street ma ar making fraalsa ffrt to ergaal a big aelebratten an Marsh either it New Yerk as part af th kaaac-ral kaaac-ral feollvlUo to Wsaatmttea. Th rgalar flgar that aaeh a stemaa-ttraMve stemaa-ttraMve btewoat weald (Its tham a read eeadatf wHh the new Mmlaletra-ttea, Mmlaletra-ttea, A ball pash I dssoaiail as a pae-istbte pae-istbte MSstrlbattea to the feeMrHle. Bat the sjetlee tatervsass 'What .withr . . ' National City is'aUet on Its stock i i sjn mum i a - J |