Show news review of current events the world over secretary roper offers plan for dig big cut in commerce Depert went expenses congress tackles legislation for relief of small home owners EGRE TARY of commerce roper has laid before president roose rolae velt a plan to mako drastic deduc eions in the expense of tits department which has long been pointed to as an outstanding example of the extra trava fagant gant bureaucracy of washing ton mr air roper proposes to wash the expenditures of the commerce department from drafz rafz 0 O I 1 in tile tho current nj n oper J year to p in the next fiscal year it a reduction of or 42 per cent if the report Is approved and roper Is successful in operating his department at such a saving it Is believed lie fie will proportionately far outdistance in econ omy promotion any of tl tie e dopart apartments ments the secretory seart tary plans to consolidate many so of tho the depatt department ment and to abandon others the of 20 which lie he proposes spending in the 1034 fiscal year beginning next july 1 Is not only 42 per int int under the 1031 figure but it Is nearly under the actual appropriations made for 1034 by the last cn angress gress the appropriation pr pria lation tion bills carry nn an expenditure of for the commerce department part ment in 1934 1034 this la Is the first time in the history of the government according to secretary roper 1 that an administration hasi hais sig suggested it it 14 not wise or safe cafe to use money which congress con gresa itself has appropriated blit lie he declares that the admonia intended to carry ant nt falth faith fully its ita campo ilga pledges pledged of economy mr roper plans to establish six bureaus to take over the work heretofore done by ten hie six bureaus will be tho the transportation pateL tj census standards fisheries and nil foreign andl and dont domestic estic commerce the burrau butt au of transportation will imbody supervision of the govern ment over ever all forms forma of transportation land air and rater ahe roper plan contemplates merging under one subordinate to become the new assistant secretary of coni com t ace for transportation slon lon over the interstate commerce commis bori and the activities of the united states shipping board the agricultural departments bureau of weather and public roads the federal indio commission the commerce departments bureau of aeronautics aeronautic geodetic survey lighthouses and navigation steamboat inspection the war departments inland waterways corporation the davit naval observatory nod tho the adv lory committee for aeronautics IID ambitious scheme conceived TIIU T hy by president roosevelt to make the tennessee river alley the scene of an industrial economical and no eo rial ment has hai nn ben N n laid before congress in a brief message mr air Roosevel ts hope bope Is in to demon in the tennessee valley valler that treat ireat economic changes for the better 4 can be made by on serving jand aind de eloping natural re sen g norrid rl sources such use if envisioned in its en arety said the president Pre in his message me shage transcends indre nn re pov power er development tt it enters entera the wide ade held of flood control soil erosion if forestation elimination from froin agri culture use of marginal lan ian la Is and distribution ana diversification of industry in short this pov power er develop ment cent of war N ar das a leads logically to national planning for a complete 4 river watershed involving alny find and the future alnes and vv welfare elfare of millions it touches and gives ivea life to ail 11 forms forma of human concerns concern 11 1 I therefore suggest to tile the con tress legislation to create a ten bessee valley authority a corporia lion clothed with nith the power of gov but possessed poss essM of the hell fiell ability and initiative of a private en it should be charged with the broadest duty of planning for the proper use conservation and dt df vel 0 of af the natural resources resource a of df the Tenne tennessee asee liver drainage basin and its adjoining territory for the general social and economic welfare of the nation alila author ity shoula also be clothed 3 with the necessary power to carry these plans into effect the presidents president B plan includes the running of electric power into every farm to control crop prodoc eions to build dams and promote forestation forest atlon projects in the interest of relieving unemployment it Is et a far reaching plan which will tare years to worl out but if a ann lan la Is agreed upon and it appears success ful even before it la Is fully tried out the president expects to apply film alm liar flar projects to other river valleys of the nation to carry out the Il residents scheme senator benator norris of nebraska introduced in the sennta senate a bill for government operation of the huge war wartime time power pomer and nitrate plant at muscle shoals which to date has cost the american Amerl taxpayers some r for small email home owners avih who 0 ore staggering under of mortgage debts la Is asked by president roosevelt in a special message to c congress bills with that end in view were introduced in both housea in hla his message the president wit laid down a new national policy to pro hect owners of homes valued nt at not more than 10 from foreclosure and interest rates as the next step in lie for economic recovery the pi pio posed legislation would sot set up tile the ciomo owners owner a loan rot foi po horation por atlon ration to be organized and op crated by the federal home loan batik bank board for the direct and im mediate relief of small owners and holders of emall home mortgages the corporation would have a cap ito ital of subscribed by the trew treasury ury ond and would mould be author izod to issue 4 per cent bonds up to these bonds would be exchanged for on homes not exceeding in value up to 81 80 per cent of the property value home owners would pay 5 per cent interest to the corporation with fifteen bears oars to pay off the he loan A special provi tilon ilon Is made for a moratorium not e exceeding X aeed I 1 ng three years on interest and till pil payments direct loans up tip to 80 per lent cent of the assessed value of tile the property may be made by the corporation to home oviers if t the property is not otherwise encumbered S of the treasury bodin woodin line has laid ill down doun the law to the new york Cl clearing ehring house composed of twenty of the biggest banks in the city lie has told he clearing h bouse 0 ti s e Z banks in dip diplomat lorant ilan language funge that they in must it a t h k e e p their word and make good the deposits of the man national drink brink and trust c 0 rn ill pany now nov in the hands of a federal congem antor T the it e secretary woodin pressure brought by woodin kt t Is expected xiii will cost tha clearing house hold s in the vl vi cantty of 0 the firm stand of the was made known sant with the arraignment in III court of doseph W narriman 1 firmer f bilier chair man and president of the batik bank bearing tits nahne nir mr harriman Harrl man 11 since ills hla or orest arest est was brought into court in a wheel heel chair the indictment charges that he fie caused false entries to be mado mad in the banks looks covering the use or of 1713 1 f the depositors money for atlon in the bank a stock secretary woodin 8 action Is based on a pedge gian to the alie con of the rv at a time when hen the bank was mas in n dlf dir 4 that the clearing house would support the bank ONS hole been filed with P ohp united note from citizens citi zeng of louisiana LouN lana demanding doin anding the re removal irval of bluey 11 long as senn r from that state ahe pell tiers accuse the annoor of verson person nl at and corruptness the petitioners petition ers asserted they could furnish witnesses to establish that long was personally dishon est corrupt and immoral and add ed longs long a continuance in office Is repulsive to the respectable and law abiding citizens of I and to tile the nation they contended among other things thing that loep I anc lind created an and maintained in Lou llana a system of corruption and debaat ery un parallel paral led in the history of the tate state idlis kl legislation for a SO 30 chour hour working week eck in industry vas ashund lien the ad ministro tion lion placed itself squarely behind the measure the hill bill has aari adv passed the senate and it a ea e peeled to bo b quickly app oved by the house and signed by the prest dent the bill regarded as one of the must radial la labor her measures to win in the administration cupi support ort provides ides in its present form that for an emergency of to barq no articles may be in inter state shipment which have hae been manufactured or produce NI h M labor bahor working more th in six hatim I 1 in n an daiy diy or more than five darb in any week on the farm relief bill A ACTION was delayed by a controversy aroused over the simpson sampson price fix lag ing plan an which hag been into the administration bill this developed tit nt a time when the roosevelt program for increasing the farmers income and lifting the burden of n mortgages ort gages was bumping along on a rough road with demands for currency exman slon clon as a means of restoring aarl culture the mortgage section of the od ad ministration bill la Is almost certain to have the approval of tile alie h house ouse in anticipation of the passage 0 the tha bill henry chair man of tile the f federal ede r al farm hoard boar 1 I 1 getting his bis department fully pro pared paired to peel peed the actual alon of the relief bome ome delays in into if f f fact ct all the bellef miles planned by president roosevelt elt dad and mr will be occasioned hv by reason of tile the fact that the condoll ol order under which the prest arest jent dent joined till nil farm credit att tips become effect effective lie for some six weeks yet dut but mr air has reached out into the other agencies which soon will come under tits hta hand and its aa soon as tho the condit bill becomes law he expects to bring about a prompt organization organisation of the work mork of issuing 41 pi per cent bonds to be ex changed for the present form farm mort agea averaging higher than pa por cent president Is reported d to t bo be firmly of the opinion that tile the biggest help alint can be given to the farmers tit at this time la Is a loos nos citing of their credit once the farmers debts are erased doht contracted when land values were mere high and crop prices up tip it may not be necessary in tho opinion of ninny many of tile the administration advisers outside the group controlled by see sec detary of agriculture wallace to resort to price filing and allotment schemes to help the former farmer 2 GEN F postal rate within A cities retaining the 3 saint cc nt rate for postage Is becom mended in a plan for balancing th post office budget submitted to president roosevelt by postmaster general parley it Is sir air carleys I 1 arley s hope that by increased postal rev denues and a program of conomy to balance the budget which at the preset rate la Is rum ing into an on an mint mini deficit of the postmaster general said he had received opinions that if the po postal tal rate la Is cut the volume of business will be so BO res restore torel 1 as to yield beld inci cased reNe revenues and he added that some advisors advisers felt that a flat 2 cent letter postal rate over the country would mould bring in enough revenue to balance the postal budget the postmaster general also closed a study Is being made on whether hatli r the department shall con dinue tile the heretofore somewhat far cleat practice of giving exam ilia dons to alra and second class post poat inn master ter Y A vote of pa 19 to 1 michigan s BY constitutional convention went or on record as fati oring tile the abolition of ohp I 1 eighteenth amendment and so has tile the distinction of if being the first state to ratify the in twenty erty first or rl rf iealer ealer amend ment submitted by con congress gregs there wore ore grent great and hand clapping when the lie roll was mag called on th the ratification atlon of the tm twenty enty first amendment the lone dry vote was N as cast by I 1 ugene div dav elport of TIn hastings stings baro barr counts counte former dean clean of the college of agri culture of the university of illinois IR immense immen te importance at T THE inched inched to the lie washington con ference by the british Is indolent ed in tile the personnel of the party accompanying premier m I 1 e r lil macdonald acDonald 0 no o more important group of british of ceals has gone abroad and it Is evident that much to la frons from the meeting be tween teen the british ka milnie dilme minister and president it koose 0 0 s e velt te gremle 11 11 alle e ta ailef dele le M macdonald n gate after aid Is sir t N permanent undersecretary ot the foreign office sir kobert hobert Is the permanent chief of the for foreign e I 1 gil of ice flee no moer what mint foreign secre tarlis borje borac and go and all the threads cf f biltl british h diplomacy are in ills his hand lie he knows knois america well his first wife haying having been an anier amer lian lan the next member or of the arty Is sir frederick erick belth roa tren treasury ury expert who ho has represented gnat on at britain at all financial MeL meltingly nga for some years yeara the third member Is A 11 F overton assistant secretary i f the board of trade whose specialty lq li tariffs and international trad r relations lations ill A PI T S in inai I 1 P pui tation to japan to join the trade and political conferences in wash ash ington h his has is caused a complete change in the attitude or iff japan toward america practically overnight friends of america express jubella tion alon the firt first rn of hope for the return of rt lations he between teen the two tino nailous to the friendly state ex idling before the mukden incident nt on september ep IS 18 IT 10 I 1 0 1131 1933 Wele tern ne newspaper paper union |