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Show THE LEIII SUN. LEIII, UTAH News Review Events the President Slarts on llh Plan for Managed Currency and Commodity" Price Raising Farmers Strike Under Way Move for Russian Recognition. By EDWARD W. P1CKARD ' SOMEWHERE between the"sound"' dollar demanded by the banker and the Inflated currency urged by Senator Elmer Thomas and many ) t h e r President Itoosevelt takes his stand for a managed man-aged currency and a dollar of fixed value. In a radio address to the nation na-tion he declared he would undertake to raise commodity prices to a satisfactory satisfac-tory level and then would lessen the gold content of the dollar and peg prices and dollars so they would re-main re-main to a constantly balanced equa tion. "Government credit will be maintained and a sound currency wilt accompany a rise In the Anierl can commodity price level," he aald; but he Insisted the price level must first be restored before anything tike Inflation ta 'estab lished. For the present, Mr. Roosevelt said, It was Important to tighten control over the dollar. He added : "An a further effective means to this end ! am going to establish a government market for gold Id the United States. Therefore, under the clonrly defined authority of ex Jstitig law, I am authorizing the Re construction Finance corporation to buy gold newly mined In the United States at prices to he determined from time to time after consultation with the secretary of the treasury and the President. Whenever necessary nec-essary to the end In view we shall also buy or sell gold In the world market. "My aim In taking this step Is to eKtatillnb and muiutaln continuous control. This Is a policy and not ao expedient. It Is not to be lined merely to offset a temporary fall In prices. We are thus continuing to move toward a managed currency. "Our dollar Is now altogether too greatly Influenced, by the accidents of Internationa) trade, by the Internal In-ternal policies of other nations and by political disturbance In other continents. Therefore, the United States must take firmly lu Its own hands the control of the gold value of our dollar. This la necessary In oruer 10 prevent dollar disturbances from swinging as away from our ultimate goal, namely the continued con-tinued recovery of our commodity prices." Jesse Jones, RFC chairman; Undersecretary Un-dersecretary Dean Acheson of the treasury and Henry Morgenthau, Jr., representing Mr. Roosevelt, were Intrusted with the Job of fixing the price at which the RFC would buy newly mined gold, and the first day they fixed the price at $31.3(1 an ounce. 'Agricultural staples and securities Immediately begun to move to higher levels, aa hnd been Imped. For the second dny the price of gold was put at S31.M, and therefore securities and commodities commodi-ties dropped, to the dismay of the Washington theorists. The RKO pays for the gold with Its own debentures. de-bentures. Tba' President's monetary program pro-gram la based oa the plan of John Maynard Keynes, the British economist. econ-omist. Orthodox bankers In Wall street were rather disconcerted by It. Some were skeptical an to the practicability of controlling the Internal In-ternal price level by changes In the gold value of the currency; others thought the plan would give the government a powerful lever with whtcb to lift prices. If carried to Its logical conclusion, conclu-sion, the program means the ultimate ul-timate fixation of the value of (he dollar with a diminished gold i-tent. i-tent. the resumption of free trade In gold, and of gold redemptions, doubtless on a bullion basis. TM HIS radio address the Presl- deut told of the "relief that Is being given to those who are In danger of losing their farms or their homes," and later said: "I have been am.ixed by the extraordinary degree f co-operation given to the government by the k , ? - k the South, the wheat farmers of the West, the tobacco to-bacco farmers of the Southeast, and I am confident that r Milo Rtno the corn hog farmers f the Middle West 111 come through In the same magnificent fashion." There was. however, nothing In the speech that reassured the farmers farm-ers who have embarked on a national na-tional agricultural strike. Milo Reno, president of the National Farmers Holiday association, declared the strike would continue despite Mr. Roosevelt's assurance of higher farm prices. The President fa Red to even Pret'dent Roosevelt of Current World Over mention cost of production," he pointed out "We're not going to atop this battle until we get w' at we want and have demanded cost of production." Mr. Reno reported that the Con tinental Congress of Worker and Farmers and tho Technocratic Federation of jthe World for Industrial Indus-trial Democracy bad proffered their co-operation In the atrlke, and said that he was confident the farmers themselves would join the nonsell-Ing nonsell-Ing movements In "great numbers." At that time the farm leaders In sis states Iowa, North Dakota, Minnesota, Wisconsin, Oklahoma and Nebraska had officially proclaimed pro-claimed the strike, and picketing of the highways had begun In some localities. lo-calities. Here Is what Reno's asso ciation called for from the farmers: 1 Refusal to sell any grain, produce, prod-uce, live stock, milk, butter, eggs, etc., except for prices equal to the cost of production, but willingness on the other hand to exchange such products for whatever labor and the unemployed may have to tender, 2 Refusal to purchase groceries, merchandise, etc., except as necessary neces-sary to sustenance and unobtainable unobtain-able otherwise. 3 Refusal to leave their homes, a tantamount defiance of mortgage foreclosures and eviction orders. 4 Refusal to meet capital payments pay-ments on debts until prices reach production cost levels. , 5 Refusal to pay taxes or Interest Inter-est on debts nut of money needed for. food,' clothing and other necessities. neces-sities. :" Meanwhile the crubnrgo on wheat shipments out of the state of North Dakota, proclaimed by Gov. William Wil-liam Langer, went Into effects' MAXIM UTVINOV. foreign com-ralssar com-ralssar of Russia, probably already al-ready Is on his way to Washington In response to the Invitation extend ed to president f-k ivaiinin ty I'resl-ik I'resl-ik dent Roosevelt to y open negotiation's -r i . i r a V" ognltlon of the Soviet government by the United States and to the adjustment of other oth-er matters at Issue between the two nations. Administration Adminis-tration officials In Lltvlnov Washington believe the eonversa-' tlona will take about two weeks and that before the end of the year the President and Lltvlnov will announce the resumption of normal relations between the two countries and the establishment of a large credit for the Soviet republic repub-lic to make purchases In this country. coun-try. Though In giving out the correspondence corre-spondence President Roosevelt said he was not committed to recognition recogni-tion of the Soviet government, It la said that preliminary soundings had satisfied him that Russia's desire de-sire for American recognition ta a concomitant to Its desire to obtain credits for the purchase of American Ameri-can goods. The administration la prepared to Join In the development develop-ment of reasonable credit facilities for the quick disposition of accumulated accum-ulated surpluses In cotton, meat products, copper and , other raw materials. There are other problems prob-lems that must first be solved, such as the ctarist debts and the Com-niunlst Com-niunlst propaganda, but the admin-Istration admin-Istration believes these can be speedily cleared up. The English press hailed the move toward a Russo-American accord ac-cord as a great force for world peace, and said London could not do better than copy Washington. In Japan officials expressed pleasure pleas-ure over the news, though this niay not have been entirely sincere. rn. urao f.ckener piloted the Graf Zeppelin on another visit to the United States. The big airship came up from Rra!t, stopping briefly at Miami, Akron, Chicago and again at Akron, and then started on Its return trip to Germany. THAT code for retailers so long In the making was finally completed com-pleted and signed by the President. It seeks to Insure fair practice and to protect the small tradesman, the consumer and the farmer with his low commodity price. Retail em ployers with fewer than five persons per-sons on the payroll are exempt from the coda. Those tn communities of less than 2,500 population are exempt ex-empt from any mark-op requirements. require-ments. Local tribunals are to be established to hear complaints of retail profiteering. Child labor Is forbidden. "Loss leaders." widely uwd by chain stores to attract customers, are absolutely prohibited "in order to prevent unfair competition against local merchants." Under a comprehensive plan for working hours and wages, stores M. may choose to operate In one of three groups, having a choice of re malnlng open for from 82 to 60 hours a week; from M to C3 hourg a week; or for more than 0.1 houra a week. Employees la the first group will work not more than 40 hours a week ; In the second group, 44 hours a week ; In the third group, 48 hours a week. Minimum wages range from $15 for a 43 hour week In cities of more than MtO.OOO population down to a requirement for a 20 per cent raise and minimum wage of $10 a week In places with leas than 2,500 population. COMMUNISTS were blamed for wild- disorders that prevailed In Havana and In the Cuban provinces prov-inces of Orient and Matanzas. Kakers, butchers and truck drivers carried on their strike In the capital, cap-ital, and the condition was so serious seri-ous that President Grau's cabinet was ready to resign. An attempt was made to assassinate Carlos Mendleta, Nationalist leader. A bomb was exploded at his residence, resi-dence, shattering the front part of the building,- but - Mendleta,- his wife and his daughter escaped In-Jury. In-Jury. PREMIER EDOUARD DALA-dler's DALA-dler's government In France was overthrown by the chamber of deputies and be and his ministers resigned at once. Opposition to the premier's economy program that ' Included In-cluded cutting the salaries of government govern-ment workers and reducing war pensions pen-sions caused his defeat, which came on a motion for a vote of confidence on the budget The vote was 329 to 241. Daladier Really Daladier's downfall was brought about by an outbreak of political and personal enmities that had been held In abeyance abey-ance for a Ions time. , ; In his final speech before the vote was taken Dnladier spoke frankly of the danger the franc Is already facing from bear raids, which have drained many millions of dollars worth of gold from the coffers of the Bank of France. Albert Sarraut. who was naval minister In Daladier's cabinet, was given the task of forming a new government by President Lebrun and succeeded In gathering together togeth-er a ministry that may or may not survive for a time. He became premier and retained the marine portfolio, Dnladier taking that of war. Other holdovers were Paul-Boncour, Paul-Boncour, Chautemps and Cot. M. Sarraut, announced that France would not enter separate disarmament disarma-ment negotiations with Germany. All French policy, be said, would be based along the Ideas of the late Arlstide Erland on full co-operation with the Lengue of Nations. WALTER JOHNSON, chief post office Inspector In Chicago, announced an-nounced that the federal operatives had broken up a nation-wide ring of mall robbers who used Chicago for the dumping ground of stolen securities, securi-ties, and that $500,000 of the loot had been recovered out of $CT0,OOQ taken In three robberies. The recovery Includes $100,000 In Italian government bonds of the $120,000 stolen from the steamer Leviathan several months ago; about $200,000 taken In the mail robbery In Chicago December 6, 1932, and part of the loot taken In a Sacramento robbery. In connection connec-tion with the last named affair "Gloomy Gus" Schaeffer, a member mem-ber of the Touhy gang under arrest ar-rest In St. Paul for kidnaping, and George W. ("Red") Kerr, arrested In Chicago, have been Identified. NAZI propaganda In the United States Is to be Investigated by a subcommittee of the house committee com-mittee on Immigration, according to Representative Dicksteln of New York, chairman of the committee. "If we did In Germany one-twentieth of what they are doing here, we would be shot," said Dicksteln. GeruiRn societies In New York were refused a permit to hold a celebration celebra-tion meeting by Mayor John P. O'Prlen, on the ground that It was arranged to spread Nazi propaganda. propa-ganda. IF RAILROADS, merchants, hotel men and others vitally Interested give sufficient evidence of support In the way of guarantees, A Century Cen-tury of Progress, the big World's fair In Chicago, may be opened next spring. There has been much talk of such a step, and now It is orged by President Roosevelt In a letter to the management telling of his enjoyment in Ms brief visit to the exposition. IT writes: "There seems to be aery considerable con-siderable deinaat that you reopen next spring, and since there Is eTery reason to believe that there are many, many thousands who were unable un-able to afford the trip to Chicago this year, but hope to be In a better bet-ter position next summer. I am Inclined In-clined to apt with you that It would be a very fine thing, to keep open. "In the event that you and your hoard decide It Is advisable to reopen re-open next year, I shall assure you that I will recommend to congress that ao appropriation be made sufficient suf-ficient to maintain the government building and exhibits there." A i . 1 Edouard Intermountain News Briefly told for Busy Readers WILL SAVE BIRDS LARGE TAX YIELD - RATE CUT IS ASKED FAVOR HOME WORKERS LI0 IISII DRIVE MADE ELY, NEV. Active work on the proposed Railroad valley wild fowl refuge, CO miles south of Ely, will begin soon, local men have been informed in-formed by E. R. Sans, biological survey head, who reported that $25,000 had been set aside by the government for the purpose. PR0V0, TJT. Hot lunches will be provided needy students of the Provo city schools by R. F. 0. aid, It is announced by the county relief-director. relief-director. FARMINGTON, LT. Davis county coun-ty has applied for $50,000 In R. F. 0. funds for road work. , ' SALT LAKE CITY; UT. Reduction Re-duction of freight rates on agricultural agricul-tural Implements from eastern manufacturing man-ufacturing centers to Utah and Idaho Ida-ho points Is asked In a brief filed with the Interstate commerce commission com-mission in Washington. SALT LAKE CITY, UT. Plans for a drive to promote Utah Indus tries have been adopted by the board of directors of the Utah Federation Fed-eration of Women's Clubs. BOISE, IDA. Nearly a half million mil-lion rainbow trout, four to six Inches Inch-es long, are being v planted In the Snake river between Rupert and Glenns Ferry, according to the Idaho Ida-ho fish commissioner. The fish are from the Twin Falls hatchery. SALT LAKE CITY, UT. Car-loadings Car-loadings by railroads operating In and out of Salt Lake show Increases during October, as compared with the same period of last year. SALT LAKE CITY, UT. Since the first of the present fiscal year, since July 1, the sales tax and the beer tax, proceeds of which go to the state's emergency relief funds, have totaled approximately three hundred and fifty thousand dollars. PRICE, TJT. Plans are being instituted in-stituted for securing $50,000 in R. F. 0. funds to improve the city water supply. LOGAN, UT. Utah State Agricultural Agri-cultural college horticultural students stud-ents are planning their seventh annual an-nual horticulture and crops show, November 16, 17, and 18, as a feature fea-ture in connection with homecoming day, fathers' and mothers' day and the U. S. A. C.-B. Y. U. football contest. BRIGIIAM CITY, UT. Work on the bird refuge project of the U. S. government, near here, is to begin in the near future. PROVO, UT. The date of tax delinquency in Utah county has been extended from November SO to December 20 by the county commissioners. com-missioners. . . - BOISE, IDA The annual meeting meet-ing of the National Reclamation association as-sociation will be held here November Novem-ber 27. The meeting will be held in connection with the western governors gover-nors conference called by Governor C. Ben Ross for November 25-27. SALT LAKE CITY, UT.-A loan of $200,00 has been obtained by the NorthwcstTurkey Growers' association associ-ation through the federal farm credit cred-it administration. The money will be used In the marketing of the turkey pool and will make possible pos-sible the advance to the growers of 75 per cent of the value of their crop when the birds are turned to the pool for sale. The remainder of the money will be paid the producers produc-ers after the turkeys are sold. The association has a membership of approximately ap-proximately 8,000 In Utah. Idaho, Montana, Washington, Colorado, Arlxona and Nevada. SALT LAKE CITY.'UT.-Organl-Mtlon of the Mountain States Mortgage Mort-gage Loan company has been perfected per-fected under the auspices of the chamber of commerce, The company com-pany has been formed to provide an agency through which federal Reconstruction Re-construction Finance Corporation financial fi-nancial aid could be secured by Intermountain In-termountain Industrial concerns, without Invading the usual field of the bankers. BRIGIIAM CITY, UT.-The road between Call's Fort and Madsen Is to be Improved at an expense of approximately ap-proximately $30,000.00. ST. ANTHONY, IDA. Work on the Warm river highway north of Ashton on the Tellowstone highway Is approaching completion. When S miles of new construction on the north side of Warm river are completed com-pleted next year, there will be a complete oiled surface highway from St Anthony to Yellowstone, OGDEX, IT. A great loop of hard surfaced road from Evanston, Wyoming through Ogden and on to ths Idaho line by way of Snowville, has been completed and two additional ad-ditional projects are under way. OGDEN, CT. There have been 24!73 men put to work In district font since the beginning of employment employ-ment some weeks ago in forest development de-velopment Divided Into states a report shows 1.049 men working to Idaho; m in vuh. 201 in Wyoming, Wyom-ing, and 179 In Nevada. The Increase In-crease in one week was men. The fourth region embraces all of Utah, the southern half of Idaho the extreme western jvrthm of Wyoming Wy-oming and ail of Nevada ex,?K the western fringe where Calif..rnia for ests extend over the line,' Scenes and S!J v vVI - , I A Ji I -- V S n . V' rv s , & 't wife-,. 1 Silk mill strikers in Paterson, N. J., pelting the police with nienter on the farmers' strike in who will discuss with President ana ine esoviei repuuuc Demonstration M 1 , 1 r.1 hi . . hi til" tA M tA ., Coalition demonstration in San Juan, Puerto Rico, when citizens pledged their support to President Boa velt and toGovernor Gore in the "New Deal." $ RED WINGS CAPTAIN This Is Ilerble Lewis, captain of the Detroit Red Wings, who are preparing for another successful season oa the Ice, This hockey team will be one of the strongest In the country If Its present form means anything. DIRECTOR OF WOMEN Miss Mary W. Dewson. newly an pointed director of itles of. the Democratic national ' committee. Miss rwr,n niiu va appointed by Chairman James K Farley, served with Mr. -arley In a like capacity during the 1932 campaign. cam-paign. Carboa DioxicU Too much carbon dioxide tn the ir will kill a taan, yet plants can-t can-t live and grow without it." u hi S jT i - St V. r -1 .v. rr i". "r, J . ..... I JL "'rVlllSllBMMl n ' V L Persons in the Current News the Middle West 8 Maxim Lltvlnov, Roosevelt the establishing of normal n for the New Deal Coiffure That '"' v ' , . - i HI 3R f i IS Katherlne Heltzman exhibiting the coiffure which was awarded J prize at the official hairdressers' show and convention held In the P ballroom of the Hotel Astor, New York. Leading hair stylists of B tlon attentled the gathering which, featured Instruction classes -latest halrdresslng developments. The prize winning coiffure to"0 tlon of George Millius. I Macon Moored at 1 Aerial view of tne Macon moored to the mast at the MT! . hod Sunnyvale, Calif, which Is u the background is the hangar. rocks during a fatal riot 2 Milo tf foreign affairs commissar of eJ relations between the Unlteflsl in Puerto Rico Won First Prize IS kl ti - . . ft ?' r HE Her Western Hoib the huge dirigible'! perm v 'v r- J-t |