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Show ...... ' - '' TTLT7 - rn il HERALD PHONES IB IiT HELPS CENTRA UTAH , The Herald Is For It Editorial ...... Society ........ . . . ..494 496 .495 Business '; . VOL. 8, NO. 68 Pit O V O (UTAH) SUNDAY HERA'LD, S U N D AY, DEC EM8E Ry 27, 1 9 3 i: TWELVE PAGES TODAY; PRICE FIVE CENTS r i - l -mm m TODAY ' By Arthur Brisbane . Good News for 1932. Here's Bolshevism. King George and the Sultan., BXaESS tne name 01 j-r. B. Wolf, lecturer on economics at Amsterdam university. He predicted, in 1928, financial difficulties that have come upon the worlds He now says, heaven bless him, that the clouds will left in 1932 and "the end of the troubles will be noticed first in the : United States, spreading to Europe later." T TERE'S anarchy for you, BoU Jt shevism. Communism, Socialism, Social-ism, paternalism. A bill passed by Wisconsin's assembly as-sembly gives any 'farmer who doesn't get for his crops enough to -pay the cost of production, the right to collect the difference from the state. And he may figure costs on an eight hour day basis with time and one half for overtime. Old fashioned farmers, starting at four in the morning and finishing finish-ing when they could, would admire that "time and a hair provision. Respectability will say "outrag- eous, tnis encourages incompetency. Slaughters the hoble supply and demand de-mand law, It means chaos." So It does, to some extent, when you talk about FARMERS. But when you talk about a fund of hundreds of millions to take cat e- ot "frozen loans" in Konka nH let railroads charge charge whatever they need, to com . .... !. I RntahAvimV iti Out even, iuav ,v.-- -j la "business." npHE future, if intelligent, will be "' amused by this incident of 1931. ' . King George has stricken the name of Muhammadu, former sultan sul-tan of Sokoto, Nigeria, from the list of "champions 5 of the order of St. Michael and St. George." Why, do you ask? Because the former Sul-ta?n Sul-ta?n rprocured two grave miscarriages miscar-riages of justice and Shocked Niger- , lan Moslems by-dealings with "sorcerers." "sor-cerers." ' ' : ' '" , You can imagine the pagan Muhammadu writing to the king, "George, if you can have your kind Df sorcery your innocent belief that St. George killed the "dragon although al-though there are no dragons, why can't I have my Nigerian sorcery, which causes rain to fall and enemies to die? Be reasonable.' DANIEL. HULLv-born a slave on a North Carolina plantation, "eighty-seven years ' ago, had planned plan-ned to return to the south to die, but fate, In which he was a believer, 'decided otherwise. He was killed falling from a , window yesterday, and thus, for - the second time, set - free' t';,.Tl:K t Much useless fear and worry wlu vanish from the earth when men realize that death is really a great emancipation p:oclamation. . " CHILD SLAYER IS STILL FREE J CINCINNATI, Dec 2$, aiRV Mar, ian McLean six-year-old who was -attacked and.'slain; just at the, apr proach of Christmas, was buried In Mother of G6i cemetery, near Covington, Cov-ington, Ky today. " - , Mildred and Joseph McLean, the mother and father who. had . been separated for two years, were reunited re-united by her death. . They, attempted attempt-ed to comfort v each fother as .- they rpde In an automobile ? in ; the funeral fu-neral processSon. -. ;.: Police authorities, : meanwhile, conUnued- questioning ' of Charles Bischof t who found' the little girl's body last Tuesday in the cellar of the . tenement ' house in which he lived. , Officers said ' they did not . believe Bischof f was. ': connected with the crime but suspected him of. haying more knowledge , than he hasi ad-! : fitted of the slayer. ; 'Jrl ' The man ;Who. v committed ' this crime will confess before Sunday, eald BIschpff, Why do you say that?" cried his questioners; -r ': r-, " 'Y": -- "He wouldn't be able to keep it on his mind any longer," Bischoff The Weather UTAIIf Generally fair. tonJcht and 3und&y; , colder ; otith f portion' to- dht. r- ; : ; Mscx. temp. ' Thursday; .4$ Mh temp. -TJujrwiay; . . ; . ,53 Max. temp. ,-Friday ,-Friday v. M 2Un. temp. Frtv r:.'.. ... 27 Aee (Editorial) r Pfovo has an excellent opportunity to secure ITnew postof f ice. ( ( v v T The value to this city of such a federal building, which may cost three-quarters of a million dollars, is tremendous. Not only would the handsome Tposof f ice. structure , " in an improved location be .a real asset to the city, but ' the construction work that would be made necessary. by. J such a project would greatly benefit the local unemployment unemploy-ment conditions. . According to those in close, touch with the situation, situa-tion, the only, possible obstacle is a wrangle over, the proper site for the new postof fjee r Such a wrangle would be the height of folly. Provo certainly, will not throw' away an opportunity for a $70,000 postof f ice foithe sake of, a profitless petty quarrel over the site. - The plan already suggested, with thelocation on the east part of ; the-city and . county building.- block, looks good. No expense would.be entailed; the postof-fice postof-fice would b6 removed irom its present ilocation, unani mously believed objectionable; and it offers a quick solution of the problem of securing a, new and adequate postof f ice. ? Speed means success. Provo chamber of commerce officials., together with city and county chiefs, are well on their way toward agreement. 1 i Let us have no bickering. This istheime to get together and get together quickly for united support 5f the project. Offer of an acceptable site must be made at once. ; If ever a time was at hand for all Provo to work to-gethcr, to-gethcr, this is the time. Special Audit Shows City , Accounts In Good Condition SHERIFF IN AUTO MISHAP Four Escape, Serious Injury When Car Skids, Rolls ' s OverFourf Times . Sheriff and" Mrs.: E. G.! Durnell their daughter and son-ilawMr and ' Mrs. E W,: "Bob" Evans miraculously escaped serious injury or. death when a car. in whloh thev we're riding ? in Provo canyon' '."skid-. ded. oyer . a : 75-f oot " embankment about 1 o'clock71 Christmas day: ; The. sheriff thadi been :alled tc Heber City on business, and .' had taken other knember's of the .family with him f on a ride, he repbrts. Upon the return trip he was driving on the curved hill just this side of Deer creek" when the car began tr skid on .-'the'- icy road and went over the embankment, going half way down before it capsized. It however, turned over four times before be-fore it reached , the bottom, the theriff declares. , Aside from a sprined ankle suf fered by Ms. Evans, they escaped with miner bruises and scratches. Not only did the occupants o the car escape . with slight injuries, but the, car was only slightly damaged Sheriff Durnell explained. New fenders, a running" board and some repairs to the top will put it in running run-ning order again. : . The party was picked up. by William Wil-liam ; Van Wagenen of : Wasatch county, , who brought them, to Olm-stead Olm-stead where they , were met by Deputy Dep-uty Sheriff. J. P. Gourley, who brought , them into Provo. Play Cblf On . . .- ....... i . . v f t . r . y Christmas Day v-- Golf on Christmas day. was the unusual ; diversion v of a ' group of Provo link devotees Svho took advantage ad-vantage : . of the ; unprecedented balmy weather to Indulge in their favorite pastime, Friday. ' - The ; mea : - played several . ; rounds and declared the coarsto . ' to bo m f air condltioii f or this time' of f the year; acoording -to r Jacob Colcmanr " r & Several youngsters ; responded to the call of the sunshine to play tennis. , on the , concrete Ncourts. Neighborhood t horseshoe tourneys were in evidence, in many parts of .the city, . - - R; Wendell Vance Home From Mission R. Wendell Vance, son of ; Mr. and. Mrs II. S. Vance,1 arrived home Thursday from the;; Canadian mission-field ! of T the? li D. S. church, where he has been laboring for the past 27 months. - ' f ' - While In the mission' field. "Mr. Vance was president of ithe Ontario district. Since his' release on De-cember;13 De-cember;13 he has. visited.1 places of Interest in New TOrk City,' Phila- N0WI Unpaid Special Improvement Property Should Be Sold For Taxes. Recommendation that city prop erty on which special improvement taxes remain unpaid, be 'sold. as rrovlded by law, is made in the an nvial audit of -Hthe books . and accounts ac-counts of Provo city, recently com pleted by Beesley, -Wood, and' com pany, certified public accountant: of Salt Lake. The report shows that several ol the districts ? are delinquent. The suggestion is made that if thej were sold each year aa the countj does, for general taxes, the collec tions on sidewalk, paving and street lighting districts would-be speeded up materially. i According to "schedule 3" accom nanviner the renort -the unnaitl assessments of- all special improve I ment district totals $243,306.10. The , Outstanding special improvemeni 'xmds amount to $226,774.80. The city's outstanding general bonds amount to $594,631)6 distributed distrib-uted as follows; 1919 water bonds $67,500; 1919 street bonds, $67,500: 1928 and 1930 city hall bonds (refunding) (re-funding) $100,000; 1921 .water bonds $100,000; 1923 water - bonds, $90,000 ; Atfo water bonds, $35,000; 1930, res-irvoir res-irvoir bonds, $110,000; 1927 paving 5ond3, $156.37; 1927 pasture bonds 15,000; 1929 paving bonda, $9,974.69; 1930' street paving bonds, $8,000. The commissioners are complimented compli-mented for placing all bonds on a serial basis and then levy each' year enough to redeem!' the annual installments in-stallments as they fall due. It thlf policy i is pursued. it will h not be necessary to build Up. the sinking fund, the audit report points out. The f workpl City, Auditor Mary F. Smith- ; is .' complimented In - the report for the close co-operation extended ex-tended in the. installation, of new scolds and setting up of accounts mggested in an earlier:audit by the ?ame auditors. "The city auditor is taking off monthly trial balances of the operating funds and is keep-ng keep-ng . the .books , in. a careful and efficient! ef-ficient! manner,'? the report says., "All warrants are signed, by .the auditor and treasurer and ,a copy f every receipt issued by; the treasurer treas-urer is forwarded ,to,ft the. auditor to be checked and, compared with the; monthly-treasurer's report,' thus maintaining ' the internal check be tween these : two; offices,. ' iThe 'surety and fidelity bonds oh (Continued On Page Two) 5'. . " "':." - Payday FotiRbad v-Workers Monday Approximately $12,000 will be distributed dis-tributed In Utah county Monday, to men who - participated in the state road . relief work, according to announcement of A. ' K. Chat-field,' Chat-field,' of the state road department. This, money will . pay- the wages .of those' who worked up toi and: t eluding December 19, Mr. Chatfieid states. - - ' " ; -.;.:'., . For the convenience of, the men who; ha vet money coming "to them;' Mr. Chatfieid . will toe tnthe vai rious; towns off the. county ton the following1 schedule: American Fork, 9 a, m.; .Pleasant; Grove, 9:3!) a. m.; Provo' 10:30 , a." m.; Springville," 11 a. m.; . Spanish Fork, 12 noon; Salem, 12:30: pv' m.; Payson, . 1:30 .3. j. TlnirtTniiiiPif i I UUU. I'U UUIUU: tt I SQ LUTED i I EOBl h . ...... .. ... r Levee Break' Feared in Missis- sipph Motorboats Used to. Save. Negroes;-: Christmas Celebration Held on Barge..L GLENDORA, Miss., Dec. 26 (y.R) Two nearby towns are isolated and this community is ; practically abandoned through-fear ora break in the I levee .that holds back a six to tenf oot wall of water. 'rtescue oi. negroes living ai Sumner was practically completed this morning, by relief workers using us-ing motorboats and other crafts sent from Webb, southeast of here. They had been isolated by high waters of the Bayou Cassidy, a tributary of the Tallahatchie river. Many jveresuff ering from lack of food. Some had been forced to sprawl to safety on housetops because be-cause of rising waters. Webb also was isolated, with nost residents busy at the levees. Others plodded with their families through the mud, seeking shelter if not safetyi-JNegroes huddled ibout makeshift camps, in barns ind vacant buildings. Floating Christmas Tree The town did hot go without its Christmas celebration. With every street ; inundated by four feet or more 'of water, a Christmas tree was set up on a barge," and moored in the center of the town. Residents Resi-dents ' rowed to the barge, to participate par-ticipate irihe festivities. Workers Vstruggled against the flood 'waters "all day Christmas in this community to save their homes from complete , destruction. The whole town was under water. Flood workers were reinforced during the day by 300 convicts who were released from Parchman prison pris-on camp , so i they might help strengthen the levees. There was fear of disease over the entire flood area. 475 Children at Elks' Christmas Tree Celebration Approximately 475 children were at the Elks' Christmas tree Friday morning, when, clothing, candy, nuts and toys were distributed by Santa Claus. After the Christmas tree activities, activ-ities, the children were guests of the Paramount theater at a special performance. Contributors; to. the tree were: Farrer Brothers, Butler's, Wool-worth's; Wool-worth's; Lewis Ladies' store, LevenS Chain Stores, Ercanbrack's, City Dru to 5," J. C. Penney, Bee Hardwaie, D. li'Van-Wageneh com pany Everybody's, Montgomery Ward, L,j J. Eldred. Electric Equipment Equip-ment company.' i During the. day, the -Elks visited the county infirmary. A program 6f interest was . staged, -with the Mortimer, sisters rendering, two songs. - Handkerchiefs and-candy were ''distributed. - - BurbidgeWillBe f Ousted, Says Report SALT LAKE CITTi .Dec ' 26., (UK A Salt- Lake; u . newspaper today said that ; William L. Payne, former police officer and United States department de-partment of justice agent ' In Salt Lake, will replace Chief of Police Joseph E. Burbldge. . ''The newspaper, said that motion for Payne's appointment would be made- before, the new; city commission commis-sion by Commissioner-elect John M. Knight early in January. Airman's Plan To Escape Prison ln Glider -Foilfed LEAVENWORTH. Kans Dec. (UJ) Only Information supplied by a tell-tale, convict prevented ' two prisoners escaping from the, Leavenworth Leav-enworth federal penitentiary In a glider they assembled .; on ' the - roof of the prison's shoe, factory;. lUwas learneditoday f rom an authoritative source. vT ; . k, -, . The glider, apparently capable of taking ; ?of f " fron the", four-story. buUdingf. and ? flying 'Over the prison's pris-on's high' , walls'! with two - passen gers, was- seized .and . destroyed.- It was, constructed. It "was said, by an exp"ertr aviator; serving' at sentence ot 18 months for smuggling liquor in his airplane from Canada to De troit. ,Jt ... ;. 4 . i;X"CtiC7iisj3! The "twf. frr"trtwhn- r These Toys Gladdened Pr6vo tin T f" Firemen Prove" Cireati Help, To Santa; Photo Shows Their Workmanship. Well, here they are! Every fluf fy doll found its way into the arms o a little Provo girl : Christmas morning. Did Johnnie get his red coaster wagon he prayed Santa to bring him? He sure did! Here it is, just before Old Santa delivered it. Bobbie played with that tip-top tricycle the entire day, and then kept it close by his bed all nfgKt for fear It would disappear. Dolr bug gies, and .more doll buggies were left in homes where . little girls anxiously awaited , the coming of Santa, and bright play chairs were happily received by scores of youngsters whew they awoke on Christmas morning,. Best of. all was when the little tow-headed boy found a train under his tree that would tear around a silver , track when he wound it. He had secretly written Santa about it weeks before and his faith was not a whit shaken that he world bring it. Games, kiddie cars, airplanes, sleds, doll tables, dump trucks and everything to make children's eyes sparkle were made at Santa's district dis-trict toy shop by his helpers, the Provo City firemen. Hundreds of g&lf jLayt were made ready in this toy shop, for 350 Provo kiddies, and old Santa delivered them all safely to needy Provo homes. VETS TO VOTE ON CASH PLAN All foreign ..service veterans,, sol '.diers. sailors, and-marines living in Utah county are invited to become members of the Provo post of Vet erans of Foreign Wars, recently or ganized here, according oEdward W. Bentley, post commander. Two recruiting, teams captained by Frank S. Taylor and Henry Hansen are active in securing new members. Those .who, join before January 1. 1932.' will be charter members of the post. The next meeting of the post will be held Monday at 8 p. m. .at the) I. O. O. F. hall, 80 North University avenue. All ex-service men are invited in-vited to attend. The officers of the post are as fol lows:.. E.. W Bentley, commander Paul IFT . Healy, senior . commander ; Edward! K o p p, i quarter-master; Fred .B,1 Critchlow Frank" S. Taylor and John A. Boshard. trustees; Al- vjn Harding, chaplain. ' The post is cooperating, in . a na tionwide newspaper poll of world war veterans to ascertain the nenti- ment on the proposed cash payment of adjusted service certificates. A ballot , to be used by local' ex service, men is printed in today's issue on page - four. "We must havo the cooperation of all world war veterans," explained explain-ed Commander Benlley, "in order to make this poll a complete success. suc-cess. We are appealing to the members of the American Legion, Disabled American Veterans of the World War and the various divisional divis-ional societies as well as to our owrl membership for, prompt use of the ballots." ' . 'S- Sconvlct unabie to 'make the iarlnff escape attempt' because fthe glider would carry only; two men. Informed Inform-ed Warden Thomas- White of the plan. The aviator was believed to be Russell Hosier ' of Detroit, who achieved v nation-wide prominence promin-ence in, the 1930 All-Amerlcan. air derby, . n :: yf - . The ; glider, - witto a wing" spread of a-fuU 14 feet; was' complete, even to landing gear. Bicycle-wheels had been smuggled into the. prison shoe factory, and attached to the bottom of the . flying machine. ;r ' ' . The ' aviator . and ' his companion, it was : revealed were awaiting a str9ng . south- wina - before - taking off.v , n '-:r-i:-. w.' - f. -j ir mo I) 0 (V By UNITED PRESS MARAUDER KILLED TTt.-T PF.Ii. Utah, Dec. 26. OLE) Authorities today were attempting to ascertain the identity of an assorted as-sorted rubber who was shot and instantly in-stantly killed early Christmas day nv HiRht Marshal George Garavag: lia. The dead mans companion escaped amid a hail of bullets. JAPANESE REINFORCEMENTS MUKDEN, Manchuria, Dec. 6. (Uj Heavy reinforcements wer? dispatched by Gen. Shigeru Honjo Japanese commander in Manchuria, to many stations along the Mukden ntnng railway today to relieve small garrisons hard pressed after1 a night of fighting Chinese bandits. EXECUTE WEALTHY YOUTH PARIS, Dec. 26. U.E Georges Gauchet, 20r millionaire's son who became a drug addict and murdered a jeweler, died on a guillotine outr side Sante prison this morning, before be-fore a large crowd gathered in the l'og for a glimpse of the execution TOO MANY CATS LOS ANGELES, Dec. 26. (U.E) Because her husband insisted his four cats sleep with them, Christine Chris-tine E. Du Plessis had a divorce today to-day from Rene L. Du Plessis. CAPONE PLAYS SANTA CHICAGO. Dec. 26. U.P Al- phonse (Scarf ace Al) Capone, who used to feed thousands in his breadlines,, found , a way to play Santa Claus again yesterday despite the fact he was in jail. Capone furnished' turkey, dinners for 71 members of the Alimony club, men in jail for failure to pay alimony. UTAHN DIES SUDDENLY CEDAR CITY. Utah, Dec. 26. (HE) Last rites -for Ernest H. Burgess 47, county attorney of iron county who died yesterday as he was about to celebrate Christmas, will be held Sunday at the L. D. S. tabernacle. The' prosecutor died suddenly of an attack of heart disease. ' He has long been active in civic and bust ness affair of BOuthern Utah. "COUNTER-OLYMPIAD" NEW YORK, Dec. 26. (D1E A "counter-Olympiad" in Chicago con current with, the Olympiad at Los Angeles July 30 to Aug. 14 is plan ned by the "Labor Sports Union, as a boycott against California in protest of the imprisonment of Tom Mooney. Mooney is serving a life sentence in San Quentln (Cal.) prison. KILLED IN CRASH BEAVER, Uteh, Dec. 26. (HEIn-stant (HEIn-stant death was met last night by George White, 59, Beaver, when, the car. in which he was riding, struck a machine parked along the roadside., road-side., . TROUBLE IN INDIA PESHAWAR, India, Dec. 28. (ttE Eight persons were billed today and 50 others, including the superintendent super-intendent of 'police, were wounded today when soldiers fired on a crowd: fred shirts.' followers of Abdul Ghaffir Khan, head of of the anti-British movement among frontier fron-tier tribesmen., " i-nWET!r HEADS COMMITTEE WASHINGTON. Dec. 26. ttE Senator fBlatee Repn., Wis., was named today by Chairman Norrie of the senate judlciarycommlttee to be chairman . oa. subrcommittee, to. consider.iprohlWtion repeal leclsla-tioni leclsla-tioni Blaine is one of the outstand- ... . ing wetsin congress RAILWAY. EXPLOSION sf V RICHVALB.; CalJf. Dec. ; 26. XJ& Two boards f of Inqufry.'v today, eougbt; the, cause of v-ari Christmas day, rauway, accident.; wWdiia Southern- Pacific; passenger engine was wrecked by, an; explosion; kill-, ing the veteran engineer: and' f ire-' NEWS. WIRES Kids' Hearts v. 1J, "Si I J SHOWDEGK CoUections OnJy Eight: Per , Cfent Under .1930, According Accord-ing to Treasurer. With total tax collections only SJ5 percent less than thqse of Jast year up to and ,lnclqding. December 24, Utah.-county is. faring, better, than wa .anticipated by county of ficials. according, to a report made Satur day , by County Treasurer John C. Taylorv - The . amount collected to and in cluding that date m 1930 ., was $1,059,903.77, as compared . with $1,435,644.32 in 193L or a difference of $155,259.45, This is &7. percent of the 1930 tax levy of $1,821,607.46 and 78.8 per cent iofs the, 193 levy of $1,820,804-83, Mr. Tayloc. reports. aiany, taxpayers aya.. loem selves of the. installment . payment plan , the last day, before v taxes, became be-came delinquent, . . ... Mr Taylor states. This plan, of . payment . was permitted after a decision; on. a, test case had been rendered by .the state supreme court, which, was not made public until December r 19.- he ex plained. The installment payment plan will prevail until the sale jdate which has been set for January 9 This year's tax receipts , reflect the stability or tne. citizens oi.utan bounty," Mr, Taylor declared.. "The amount, is considerably more than we had hoped for in the face of the hard times that have prevailed. It indicates that many people have made sacrifices. to meet their obli Ration to the county, the cities, schools and oher taxing units. Clerks are now busy preparing the delinquent tax list which must be published on or before January 4 Machine Age To Be Topic. "The Machine Age and Unemployment" Unem-ployment" will be the subject of Dr. William J. Snow Monday afternoon, aft-ernoon, in a. lecture sponsored by the Provo Women's Council. The lecture will be given in the womeh'a clubhouse, Third North and, University avenue, at 2:30 o'clock. Other women's organizations of the city are invited to attend the lecture, which will be of outstand ing- interest because of its timely nature. Hostesses will be Mrs. C. H. Funk, Mrs. Jesse Johnson and Mrs. J. M. McDonald. Ate TAX RECEIPTS Parties - Parties - Parties! e Our Washington Bureau has ready, for you. a new bulletin on Parties for all occasions, Holiday Parties, Lincoln and Washington's Birthday Parties, "Kid" Parties for Grownups, Children's P&rtiei. Birthday Parties and a lot more. It giye.interesting, suggestions for decorations, games and costumes for all sorts of parties. If you want a. copy, fill, out the, coupon below and mail as directed: . CLD? COUPON HERE Dept. 161, Washington Bureau, Provo Evening Herald, ' 1322 New York Avenue, Washington, D. C I want a copy of the bulletin PARTIES, and enclose here- ; with five cents in coin or loose, uncancelled U .S. postage stamps, to cover return postage and handling; costs: NAME i ' : - ' . - , . STv NCv . ...... ......... . - r . I . . - jit.. t I. l CITY ! I . Lam a reader of the Provo Evening Herald. ' : , CLD?.. COUPON HERB - - siiii yfiiti PREDICTED Business .Leaders Hope For Beginning ofc Upturn,-, But x Many Factors Are Doubtful; Doubt-ful; Moratorium . Watched. By RICHARD L. GRID LEY Unlfed Preoa Financial Writer NEW, YORK Dec. : 26-MH) The current holiday. reason- will' be- followed: by- the. usual . upturn early ; in 'JanuatyV- ac cording to biisinesarbpimon. . The year end- always is marked by dwindling- activity in all lines not dependent upon. special holiday, gift buying and lt variably ls followed by i Improved ment as steel mills, automobile plants 'aid other businesses resume normal. opeaUona, ' Buslnesa Leaders Hcieful Whether January's improvement will nark a definite change In the downward , trend ; of ? general; butir ness will depend-ilargely upon .Intangible .In-tangible influences,- but business leaders are hopeful of the new year. The past week's business deveR opmehtSvgave, no clue as to' Jusi: what ; may -be expected. 8teet ' mill operations declined to a further,, new low- for the depression at ap-proximately ap-proximately 18 per cent of capae ity, and other major Industries like" railroad and automobile suffered similarly. ' ' . - ' ' Most '..impr'ni ". in ' thf "Veek!: business , devejopm,entfl afaii1,wasl!r the foreign slUiaUQUj; Ti?v aiUlfc'. tration f lnaXly obtained; apprOyai pfy, its one-year warebtmajibrlunw' The president's signature .waSjhar.; ly dry on the moratorium. buJffhbw ever, when, the committee .lnyestt. gating Germany's capacity! to ; pay further., reparations, called for Immediate ,and complete, new, deal j on. war debts and reparations 'tov avert "new . disaster." This report'.' was expected to keep the Grman. situation In the llmeljgh " Another significant foreign 4 development de-velopment was the declaration of a moratorium on its foreign debts, payable . In other than its awb currency cur-rency by Hungary. Such a development, devel-opment, expected for some time, led to fears other, southeastern European, nations, would follow suiU Comparatively , little American money is Involved., Erratic Movements . In the stock and bond .markets, prices moveJ erratically. Know, edge that important American interests in-terests were investing, in gilVedged bonds, however, served to restore confidence and majiy. commodities like grains and cotton held firm. The railroad, wajge controversy continued uppermost, in the ;m.inds. of many businessmen. A: decision would go far toward restoring confidence. con-fidence. BRIDGE ACES RESUME NEW YORK. Dec: 26. ttE Ely Culbertson and Sidney Lena, whose 150-rubber match of contract con-tract bridge has attracted great attention at-tention to a game " of ' cards,' went-after went-after each otaer in lively, fashion ( today in their first matinee - per-i per-i formance. STATE -. . ... V rTjt-f;? . |