OCR Text |
Show .... . ..... , .i,-- t -' : f, . News Review Events the World Over 1 Senate Passes Farm Bill Roosevelt to Ask Authority, to Deal With "War Debts Herriot Enters Conversations. By EDWARD D ACKED by the administration. - bj the big. Democratic majority Jn the senate ud anna rently by tht4 dlcated that . he waa "searching favor of a large part of the popula tion or toe country, the Thomaa Infla tloo amendment to the farm relief bill won an easy vic tory In the senate, With thla moat portentous por-tentous addition the farm bill was passed and a e n t back to the house for concurrence. The anti-Inflation- en. Thomaa lata, led by Senator 'David A. Reed of Pennsylvania, made a desperate but hopeless fight, arguing that while "con trolled" Inflation, as promised by the amendment's sponsors, might temporarily restore a measure of prosperity to the nation, previous experience here and abroad showed that control could not be maintained main-tained and that the ultimate results would be disastrous. Reed, Tydlags of Maryland, a Democrat, and others oth-ers seemed terribly dismayed by the prospects for the future sod their sincerity could not be doubted. Senator Thomaa of Oklahoma himself led the debate for the affirmative, af-firmative, opening with the startling statement that the amendment. If It prevailed, should transfer value to. the extent of almost $200,000,000. 000 from the creditor class to the debtor class. Of course, the effect of this assertion la greatly weak eneo wnen one realizes that our people cannot really be divided Into . such classes. There Is scarcely a creditor In the land who Is not also a debtor, and vice versa. But thla point and many another were Ignored Ig-nored by the proponents of Inflation. Infla-tion. Senator Pat Harrison of Mississippi, Mis-sissippi, for Instance, on the second day of the debate, confined hla ef-forta ef-forta mainly to taunting the "Mel-lon-MIIIs-Reed" group for Its alleged al-leged failures daring the Hoover administration. The Wheeler-King silver coinage amendment waa accepted by the sonata- It would enable the President Pres-ident to fix the ratio between gold and silver and to provide for unlimited un-limited coinage of both metals at the ratio so fixed. JUST what Inflation, even If "controlled," "con-trolled," will do to the nation and Its business Is s question on which economists and financiers are as far apart as the poles. For the present the prospect of Its adoption and the abandonment of the gold standard have served to create al-. al-. most a boom In - certain lines of business, and the prices of commodities com-modities have began to rise. But how this will In the long run benefit bene-fit the ordinary dtlsen baa "hot been shown to the satisfaction of most of us. An especially dangerous clause In the Thomas amendment Is the one giving the President power to devalue de-value the gold dollar to the extent of 60 per. cent Senator Borah, an Inflationist, argued that this would be declared unconstitutional It may be this power will never be -exercised by the President but if , It Is It will be followed by steps to abrogate the gold clause In bonds, mortgagee and other ( contracts. Provision for such action la made to the pending ' Goldsborougb bill . which provides thst existing contracts con-tracts shall be satisfied by payment of their face amount In legal tender, ten-der, that after Its enactment, gold . clause contracts cannot be - made legally and that any profit made from 'ewnangfnf fold for legal tender ten-der would be subject to a 100 per cent tax. Some experts are of the opinion .. that the inflation bill -may never be need; that It Is "a mere bluff Intended In-tended to have the very effect It Is now having arresting and reversing revers-ing the downward course of prices," and giving the President a better position Jn the- economic conversations conversa-tions with foreign statesmen, as did the abandonment of the gold standard, stand-ard, which also was Inflationary. TIAR debts and reduction of armaments came to the fore In the White House conversations as Prime Minister MacDonald con cluded his part of the parleys and prepared pre-pared to depart for home, and former for-mer Premier Ed-ouard Ed-ouard . Herriot of Trance began bis sessions with the President These three gentlemen met together, and after an Informal -.fdi.JkoL op the H,rr,ot disarmament VqtlesUorr -with - them, his evident purpose being to bring France Into line at the Geneva conference. con-ference. French demands for guar antees -of security ' sgalnst attack, which .have blocked air agreement i . --rj- ( 7 i of Current I-- ; , With Inflation Amendment W. PICKARD I hitherto, were discussed by the I President, and It waa said be In sincerely for means of associating the United States" with Interna tlonal efforts to check aggressor na tlona, Such association might take the form of consultation with alg- natorles of the Kellogg peace pact In the event of Its violation. And In addition there Is the administration bill authorizing the President to Join other nations in declaring em cargoes on arms and munitions. As for the war debts, they were first brought op by Mr. MacDonald, who let Mr. Roosevelt know that Great Britain would like a downward down-ward revision; snd their com munique .said that .. the basis was laid of a clearer understanding of the situation affecting .the two na tions, though no plan or settlement wss under way yet This encour aged M. Herriot and bis expert associates as-sociates to press the arguments of France for cancellation. Then Mr. Roosevelt let the corre spondents know that he was planning plan-ning to ask congress for authority to reopen the war debt settlements and negotiate a' reduction of the 11 billions which European nations owe the United States. If he were tested with this power the United 8tates would enter the London conference con-ference prepared to bargain for stabilization sta-bilization of currencies on a modi-fled modi-fled gold basis, remonetlzation of silver, sil-ver, lowering of tariffs and other trade barriers and adoption of measures meas-ures to raise commodity prices and restore .purchasing power. Members, of the French delegation said the President had promised MacDonald 'and Herriot that he would ask congress for authority to postpone the debt installments due June 15. and that In return Herriot would ask the French parliament to pay the defaulted December 15 pay ment of S10.000.000. As Mr. MacDonald said good by to the White House, he and Mr. Roosevelt announced that they had agreed on the following An Increase In the general level of commodity prices. Re-orientatlon of commercial poll' cles. Reduction of tariffs,, quotas and exchange restrictions. World expansion of credit Capital expenditures by govern ments to stimulate business. Re-establishment of an Interna tional monetary standard. Improvement of the status of silver. ORIME MINISTER RICHARD B. Bennett or Canada was already In Washington to talk with the PresI dent; Finance Minister Guldo Jung of Italy and Hjal mar Schact of Ger many were on their way. and Japan as nounced that VI count Klkujlro Ishll would arrive May 23. Mr. Bennett told the newspaper men that Canada stands ready to discuss any proposals that look toward closer commercial rela R. B. Bannttt tions with the United States, and said the Ottawa, agreements do not affect these trading possibilities. In a prepared statement he used these emphatic phrases: "We have reached a point where It Is certain that nothing but united action can avert world disaster." "Immediate action Is Imperative." "The world Is la tragic trouble and distress." . "If. we do not soon defeaf the forces of disruption ' and dlscordrl they will defeat na." "We must act boldly and unselfishly, un-selfishly, -otherwise- we shall be cer tain witnesses of the wreck of our civilisation." Aaked whether Canada really had gone off the gold standard, aa bad been asserted by Finance Minister Rhodes, the prime minister replied: "Canada Is ss much off the gold standard and as much on the gold standard as the United States." WHEN the world disarmament ' conference resumed Its sea- slons In Geneve the French plan for an anti-war pact of consultation consulta-tion was presented by Rena Mas-slglL Mas-slglL It excluded the Americsn continent on the ground tbst It wss Impossible at present to make the pact universal Masslgll suggested the creation In the capital of each signatory power of a commission which would determine violations of the Briand Kellogg pact and the rights of a victim to assistance. Concrete measures to prevent misuse of civil airplanes for military mili-tary purposes were presented by the United States, Canada, Argentina and Japnn. D EFUSINO to accept the Norris 4X senate bill as a substitute, the house passed the Mf Swain bin for the operation of the Muscle Shoals - -4 II I development the vote being 806 te 9L Seventeen Republicans' and five Farmer-Labor! tes voted with the majority. The house version Is regarded as a less drastic measure than the Norris bllL The principal point of difference between the two Is that the house bill provides an appropriation of $10,000,000 and a bond Issue of $50,000,000 for starting the development develop-ment program, while the Norris bill simply authorizes "all appropriation necessary." The Nebraskan's meas ure is likewise more rigid with re gard to government construction of power transmission lines. W: ISOONSIN has the honor-of being the second statcj. to rati. fy the prohibition repeal amend ment to the Constitution, and the first to do that by unanimous vote. Fifteen delegates, assembled In the Capitol building In Madison, were addressed by Governor 8chmede- man, and In eight minutes there after the resolution of ratification had been drawn up and adopted to the accompaniment of cheers. (I O EPUBLICAN Federal Assod- ates" is the name given an organization Just formed by men prominent in the Hoover admlnls- jm-r "3 tratlon to aid the party in returning ' ' V 4 to power In the 1934 congressional elec tions. Walter F. Brown, former post master general. Is I Its president and Ogden Mills, secre- tary of the trees- ury under Hoover, Is chairman of the board. Arch Coleman, Cole-man, who was first Ogden Mills assistant postmaster general in the Hoover administration, Is In charge of Washington headquarters, and W. Irving Glover, who was second assistant postmaster general. Is dl rector of organlzatloa Mr. Coleman said the organization was primarily to keep together those who have been active In Re publican circles for the last twelve years; to keep them advised of what Is going on, and to bring back to the party fold those Republicans who supported Roosevelt last year, Ernest Lee Jahncke, the Hoover assistant secretary of the navy, Is first vice president; Mrs. Nicholas Longworth, second vice president; Charles J. Moos, third vice pres! dent; William R. Castle, treasurer, and Coleman, general secretary. " Six of the Hoover cabinet mem bers are represented on the board of directors Mills, Brown, Roy D. Cbapln, Arthur M. Hyde, William N. Doak and Ray Lyman Wilbur. Others Include Walter E. Hope, for mer assistant secretary of the treas ury ; James J. PatchelL Cnloq City, Ind ; Mrs. lxngworth. Castle, Moos. St Paul; Jahncke, Harry Culver. Culver, , Calif. ; Coleman. -Glover, John Richardson, Boston; Ferry K Heath, former asststaat secretary of the treasury, and Mrs. Albert G. Sims, New Mexico, - USSOUNI'S four-power peace I plan Is causing a lot of exdt- d dlBramlnn In nrlnm Rnrnnaan countrtec Greaf Britain and Ger many might gladly agree to thla but France still asserts the sanctity of treaties must be respected, and in this she Is 'of course supported by all the nations of the tittle en- tente, and by Poland. In Czecho- sjovaaia especially sentiment was aroused, and Foreign Minister Ed ouard Benes told the parliament In Prague that whoever desires to I change the boundaries of that coun try must bring an army along with him. He criticized the Mussolini plan as a "great backward step," ana aaaea: -History shows that en the move and an Immediate an-surrender an-surrender of territory always Is propria tlon of $5,000 h. h connected with the bloodiest wars." V"'"-! kmm's was on the verge w m quarrel witn janan over . . .i - we cquipiseoi or me uninese Ease ern railway, and In that connection It was Interesting te note that a new alignment was bringing Ru drifting wyt frW'Grmanf f "7 "" urs'njn w . . . ... I ue. --- Aiiwtoy me French and Ruaalans have arranged rrv . ftm .t n. for change of w..lotJZJ! tlon and military Instructors. Be-1 fora long the situation on the Eu- ropean continent may be pan-Oer- maTsm anlnrt pan-SlavIsm. with France on the side of the latter and Italy with the former. pONTINUED Chinese resistance w near Kupelkow pass on the road to Pelplng so enraged the Japanese a :""! military command that it announced the early occupation of all strat egic points In the North China area. With this In view, the Japanese launched a general attack south of the Great Wall designed to open the way to the old Chinese capital. The Manchukuoan government has announced that only nations recognizing that state will benefit by Its promise of aa oneo door trade policy. EVRMER rHoss of Gov. Nellie Tayloe Wyoming finally has In s federal position. been placed The President sppolnted her director direc-tor of the mint Obviously - Mrs. Ross was entitled to a good place, for aa vice chairman of the Democratic Demo-cratic national, committee and head of the party's women's organisation she has been very active and valuable. valu-able. . till. Wtatara Nwpp, Ubloa. AMERICAN FORK CITIZEN Intermountain Hews -Briefy told for Busy Readers A GOOD CISTOMEB WILL HOLD FESTIVAL DONOR FIRST SCHOOL FLOODS FORCE FLIGHT HOPE FOB GHOST CITIES "T, PLEASANT GROVE, FT. The annual Utnh Strawberry day will be held here early in the month of Juffe. .; SALT LAKE CITY, TJT. A mon ument will he erected in Pioneer I park la commemoration of the first school in rtnh, which was opened on that site hy Mary Jane Dllworth, shortly after the arrival of the pioneers, pio-neers, In 1847, J. D. Giles, executive secretary of the Utah Pioneer Trails and landmarks association. has announced. BRIGHAM CITY, UT. At a commercial club luncheon here, a Los Angeles man reported that Loe Angeles lat yeas purchased from Utah 820 carloads of fruits and vegetables, 8.313,300 pounds of but ter: 1,428.807 pounds of cheese: 408,789 pounds of dressed poultry; 15,000 cases of eggs and nearly one quarter of a million animals. RENO, NEV. Ghost cities, those countless abandoned communities id mills that win of decaying buildings and mark Nevada's deserts and hills may take on life aealn. mlnlnx men be Here, if the present trend ikaUver prices continues. GUNNISOX, UT. A grand drive against rodent pests la being con ducted In this district WALLACE, IDA. Flood waters have driven a number of the fami lies of this district from their homes. Unusually warm weather causing exceptional melting of the snows "has raised the waters out Of bounds. PATSON, UT. A flower club has been organized to help develop the motif of beauty In the lawns and gardens of the city. BOISE, IDA. There were 745 births in Idaho during March compared com-pared with 319 deaths, a report of the bureau of vital statistics re-Teals. re-Teals. Of the birth 378 were male and 807 female, and of the deaths, va were male and 127 female. MALAD, IDA.-It Is reported that the increased state tax on In surance premiums fixed by the last legislature will apply for all prem iums received during" 1933 Instead of only from May 1, when the law went Into effect. SALT LAKE CITY. UT. One hundred thousand acres of sugar beets have been contracted for by the Utah-Idaho Sugar company this year, compared with 80,000 acres last year, it has been announced by company officers. For Utah the acreage is 84,000, compared with 26,000 In 1932, and for Idaho, 41.000 acres, compared with 31.000 acres last year. BOULDER CITY, NEV. This construction city, headquarters for HOOVer dam ODeraliona. will tnnn hT its first airport. A permit to establish a port has been granted y the department of the interior. OGDEN, UT. A force of 00 men is building a roadbed from the main line at the Weber river bridge at Wilson for trackage Into the Union wi-nyarus, according to an announcement an-nouncement by D. and R. G. offic ials. rocATELLO, IDA. Armies of crickets which last year caused a great deal of trouble in Bannock and Bingham counties and the Ft Hall Indian reservation, are again ommende.1 h T a r... ..,.( tendent of the reservation, and nth era with which to wage an eiterml nation driv amino th. " v- OGDEN. TJT. Rerinnni fnrrt r. to fldals have taken nndir adviaompnt ta resentJnir rtllmor. ttm.w P t for esUbllshing a dvllUn conservation y .. miv uiaiici VI I corps camo of 200 nwn rh.iv misk tn JrTlr T.,..-, VI ;n'tl'l ,"ti weyn 1! iLHL"" JT v piwiv sguuiruie ronrx tmtiiisf whether beer is legal In Idaho. "ALT LAKE CITY, UT. Utah's Quota of the federal conservation army authorized by President Roos- ,W' VT'T "u 01 J,uw M reported. The ace limit haa de finitely leen waived and married aa wen as single men are to be ae cepted. PROVO, UT.-Water resources available from Uta"h lake during the current Irrigation season are estimated esti-mated to be below the amount of last year. salt Lake circ, ut- tj willing to abandon the state fair as an annual, institution, lbs state fair board has instructed the manager man-ager to get In touch with chambers of commerce, agricultural groups, B cluha, and other organizations to see bow much support can be Pledged for the holding of the fall this fall PRICE,! TJT. Carbon county far mers-havecoatrBcted for approxii lately 400 acres of sugar beets (hia veer scrm-dJng to the field agent Scenes and r 1 Edouard Herriot. farmer oremler of Franca, arrives for economic relt 2 Members of the Mississippi National Guard on duty la Humphreys county where m Mown op i0 the war between planters. 8 Prime "Minister Ramsay MacDonald of EmImT. with hia riinpMoi Tahhal anil PmiMuiI an ua Dv.l full. , wf Connecticut Faiver Viey jaiiundated A view of the Connecticut Elver was flooded by the overflowing of the of dollars and making several hundred "SCHOOLBOY" ROWE Lynwood "Schoolboy, Rows, new. .omer with the Detroit Turers" arho Is being spoken of as a second Bnbo Ruth. The youngster, an Ar- (ansan. is fi feet 4 inches tall and only twenty-one years of are. Ha tar all-round athlete. Is a hear hitter and a pitcher. Last season he Beaumont Manacar Barria h. T in" nay prove a . w "cwng rasanon. CIVIL SERVICE HEADT Charles Edwafd Addams of Art y u ions, who haa been named by Pres-Ideot Pres-Ideot Rooserelt as prestdent of the United Statei dvU service commission, commis-sion, the body that guides the des-t'nles des-t'nles of more than a million gov-trnmenT gov-trnmenT nipl5yeet; ; ,k. Persons in the Curreiitl r vww uu dftia. MWW,.94 i vallev ehowin the mnnti-a nAi.k.. Connecticut Hwr. inatn riamaM i.a families homeless. i Yacht President Roosevelt X. This la the 43-footer Amberlack n. owned bv Paul a hat been overhauled at Salem, llasa, in preparaUon for tb dent Roosevelt will make on her this summer. ! Untisual Study in Reflect A bus maklna Its wa thmnrh th. flood wt". . - , , , wv,uiBmgioijuorion, Englandl , I i :1 ssi |