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Show SUMMARIZES THE WORLD'S WEEK Western Newspaper Union. Vandenberg's Program SENATOR VANDENBERG of Michigan didn't wait for the leaders of the Republican party to formulate a program on which to T.-.n Vi n. mn. crats. He broke out with a ten-point program pro-gram designed to "give honest business busi-ness a chance to create stable prosperity." pros-perity." His ten points were: 1. An end to governmental gov-ernmental "hymns of hate" and bitter Senator attacks on business Vandenberg men, 2. Progress as rapidly as possible toward a balanced budget. 3. Amendment or repeal of the surplus and capital gains taxes and substitution of "incentive taxation" for "punitive taxation." 4. Amendment of the social security secur-ity act to eliminate the "needless drain upon the resources of commerce com-merce and labor." 5. Revision of the Wagner labor law to make for greater certainty in "long range industrial planning." 6. Abandonment of the so-called wage-hour bill and substitution of legislation to protect states from the importation of goods produced by substandard labor. 7. Repeal of many of the President's Presi-dent's emergency powers in order to free business from "executive despotism which is at war with every ev-ery tenet of the American system." 8. Reasonable and practical farm relief, without bureaucratic controls, processing taxes, or price pegging, but with benefits for soil conservation conserva-tion practices, financing of exportable export-able surpluses, and return of the domestic market to the producer. 9. Foreign policies that will keep America out of war through pursuing pur-suing "an insulating neutrality" rather than sanctions. 10. "Frank abandonment of all anti-constitutional activities and intrigues in-trigues which shatter democratic faith." Peace Talk with Utilities RESTRICTION of the construction construc-tion and expansion activities of the privately owned public utilities being recognized as an important factor in the current business recession, re-cession, President Roosevelt began a series of conferences with the heads of these concerns. He seemed to be in a conciliatory frame of mind and sought to lessen the utilities' utili-ties' fear of the effect of govern-ment govern-ment policies, but without making any concessions. His first caller was Wendell Wilkie, president of the Commonwealth & Southern corporation, corpora-tion, and next day he talked with 1 Floyd Carlisle of the Niagara Hud-I Hud-I son Power corporation. Though he appeared amiable, the President at the same time was sending to various congressional committees and federal agencies a report by the New York state power authority, whacking friends and agents of the private utilities for "propaganda" against public power development. It presented figures I to show the government could pro-I pro-I duce water power at a much lower J cost than private utilities could produce pro-duce power by steam plants. It was understood Mr. Wilkie submitted sub-mitted these points: That there ,is a general fear throughout the country of government govern-ment competition and interference with private utilities which can be : subdued only by concrete reassur-( reassur-( ance from the administration. I That money for private expan-' expan-' sion purposes and refinancing to obtain ob-tain lower interest rates, which in turn would be reflected in lower power rates, is hard to obtain. .That the government had a right to sell power from its dams, but a basis for marketing it could be found without frightening the whole industry. That the prudent investment method of determining the rate base might well be used for determining values to be added hereafter and that it could be studied as a means of finding present value, that in any case no system of valuation does or should bring about the highly watered capitalization which the President condemned in a number of examples which he cited at a recent press conference. Chino-Japanese War JAPAN'S armies were slowed up " by rain and mud in their advance ad-vance up the Yangtse valley, but as there seemed no likelihood that the Chinese line of defense would hold, the Nationalist government moved out of Nanking, scattering its departments among a number of cities. American Ambassador Johnson John-son and his staff moved to Hankow. The Japanese commanders in Shanghai took over full control of most of the city and its customs office. of-fice. They demanded that the international in-ternational settlement and French concessions officials hand over the city's four leading citizens as hostages. hos-tages. Most prominent of these was T. V. Soong, brother-in-law of Dictator Dic-tator Chiang Kai-Shek. The Far East conference in Brussels, Brus-sels, unable to accomplish anything to end the Chino-Japanese conflict, was on the point of final adjournment. adjourn-ment. After French Throne ALARM of the French government govern-ment over the plotting of the Cagoulards or "hooded ones" that led to the arrest of many rightists aMMwh-a-- and the raiding of hidden stores of weapons and ammunition ammu-nition was far from baseless. Evidently there was a real conspiracy to overthrow over-throw the republic and set up a dictatorship dicta-torship and eventually eventu-ally a restored monarchy. mon-archy. The government govern-ment announced. Due de Guise however, that the plot had been wrecked. From his place of exile in Belgium Bel-gium the Due de Guise, pretender to the throne of France, issued a manifesto announcing he had decided de-cided to try to regain the throne. "Have the moral courage not to abdicate before present difficulties," the manifesto appealed to Frenchmen. French-men. "Do not permit, in a moment of abandon, dictatorship of any kind to impose itself. "Certain of my ability to assure your happiness, I have decided to reconquer the throne of my fathers. France then again will reassume her mission in the world and again will find peace, unity and prosperity through a union of the people with a titular defender-king." Windsor Wins Libel Suit THE duke of Windsor won his libel suit against the author and publisher of the book "Coronation Comments," and in a settlement out of court received a substantial substan-tial sum, said to be $50,000, from them, which money he gave to charity. char-ity. Lord Chief Justice Hewart commented that the libels "appeared "ap-peared almost to invite a thorough and efficient horsewhipping." ' Green Opposes Labor Billl WILLIAM GREEN president of the A. F. of L., practically broke with the administration by denouncing the pending wage and hour bill as unacceptable to labor and demanding that it be sent back to committee for revision. Green assailed the national labor relations board and declared it no longer is safe to permit a government govern-ment board of that kind to administer admin-ister laws governing labor relations with employers. |