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Show SOUTH CACHE COURIER Ar tV tV THE CHEERFUL CHERUB r & Cuw&nt &u&nU IN REVIEW by GdAvauL Im off to find t. desert island nov. Until not return p A pk ce vKere. tnose. who study violin UJ. Will Ph France Devalues Franc; equilibrium and the value of sterling, but had some other aims. Gold Standard Dropped C RANCE at last came t- - the con-elusion that it could no longer Harry Woodring Named support the franc and Premier Leon Secretary of War to decided Blums Russia Hotly Denies Morgenthaus Charge SECRETARY OF THE excitedly told the correspondents that soviet Russia attempted to upset the genbetween the tlemens agreement United States, Great Britain and France. The state bank of Russia, he said, moved to drive down the price of the pound sterling by ordering the sale in New York of at any 1,000,000 pounas sterling He saia he frustrated this price. scheme by buying the pounds offered with money from the Treasurys stabilization fund. The Soviet State bank declared Morgenthaus assertion as to the banks purpose was without foundation and a nonsensical invention; that the transaction v.as an ordinary banking operation. The secretarys statement, the bank continued, appears to be an undignified attack which is not based on defense of international currency anti-sovi- et tave to $o until they lew. im! 1 government abandon the gold standard and devaluate the franc to between 4 and 5 cents. The Netherlands, Latvia and Switzerland immediately determined to follow suit. To save the world from a currency war, the United States, Great Britain and France entered into a gen- - Leon B,ura The exact tlemen's agreement. nature of this agreement was not revealed, but the United States promised to employ its $2,000,000,-00- 0 stabilization fund to head off the feared struggle. Certain it is that each of the three nations reserves the right to depart from the pact if and when its own interests require such a course. An expected outcome of the now general dropping of the gold standard may be an international conference for stabilization of world currencies. This might be held in Washington. Blum called a special session of the French parliament to pass the necessary legislation, and his plan was given grudging approval by the chamber of deputies. Its adoption by the chamber, where the popular front has a big majority, was taken for granted, but a fight was expected in the senate. The general project was divided into five sections, as follows: 1. Fixes the new gold content of the franc at a point between 43 and 49 milligrams of gold, prohibits the export or import of gold, and creates an equalization fund. 2. Permits the requisition of gold by the government, obliges individual citizens to declare their gold holdings, creates a tax on profits made from devaluation of the franc, and obliges market traders to reveal their operations in foreign exchange since September 21. 3. Creates a movable salary scale and makes various readjustments in the civil service, pension rates, etc. 4. Provides for readjustment of certain specific taxes such as those on oil, coffee, pepper, tea and sugar. 5. Makes certain changes in the debt structure of such public institutions as cities and communes necessitated by devaluation. From the Chicago Journal of Commerce is taken this plain statement as to what Frances action means to the ordinary American citizen: Reducing the amount of gold represented by one franc will mean that the average American will be able to travel cheaper in France than for the last two years. French wines should be cheaper in this country and women should be able to buy French perfume for less. That should be true of nearly everything else that France exports to the United States unless this country hikes the tariff on French exports or French prices boom out of proportion to devaluation. Indirectly, franc devaluation may keep Americans from war as the act may be a wedge for currency stabilization the world over and more brotherly relations between all nations. But dont lose any sleep over it unless you are getting an income from someone in France. I find it I stall U ARRY H. WOODRING was 1 1 named WNU Service. by President Roosevelt to be secretary of war, filling the vacancy caused by the death of LARGE PERCENTAGE George H. Dern. This is a recess FARM appointment, for the place had to be filled within thirty days. It may ARE UNDERLIGHTED be the President will submit the name of another man to be permaSensational discoveries have nent secretary early in the next been recently made by electrical session of congress. Those most research engineers about the savoften mentioned for the place are of through better ing eyesight Gov. Paul V. McNutt of Indiana Theii researches electric lighting. and Frank Murphy, commissioner have caused rapid changes to be tc the Philippines, who is running made in electric lighting facilities for governor of Michigan. throughout the country. People are beginning to realize the value of priceless eyesight. The rising Spanish Fascists Capture tide of eye troubles will no doubt City of Toledo in the next few years. decrease FRANCISCO FRANCOS ("JEN. But whats going to protect the furious Spanish reached the ancient city of Toledo vision of the people living in the and drove out the government 5,000,000 American farm homes without electricity? A large per- troops with shell and bayonet. The HOMES OF Fascists William J. Bryans Famous Ode to Water At a banquet given in his honor in Japan, Wm. J. Bryan declined wine, and using water instead, gave the following toast: Water the daily need of every living thing. It rises from the earth obedient to the summons of the sun and descends in showers of blessings. It gives of its beauty to the fragrant flowers. It is the alchemy that transmutes base clay into golden grain. It is the canvas on which the finger of the Infinite traces the radiant bow of promise. It is the drink that cheers and brings no sorrow with it. Jehovah looked upon it at Creations dawn and said, It is good. centage of those homes are underlighted, according to shown by new light meters, which register the amount of illumination at any given point. What about that? Manufacturers of high candle-powkerosene and gasoline pressure mantle lamps are doing users what elecfor trical engineers have done for the users of electricity. Some of the new kerosene and gasoline pressure mantle lamps produce from four to twenty times more light than ordinary types. Burning 96 per cent air and 4 per cent fuel, live, crystal - clear they give brilliance proved nearest like daylight of any artificial light, by scientific laboratory tests. results er non-electi- ic RUTH telling is an achieve-- ment, a mark of ,tP mind and character. It accurate observation of facJ a reliable memory, a sense justice towards others anJ courage to tell the truth own hurt. So often isd" to sheer cowardice.lying The fight is harder for some than others, but those who start day praying to the God of truth o make them honest disco that more and more they ceed in putting away lying reg S you can build no tomorrow todays foundation. Cowboy Terms If you are one of those who thought lariat and lasso meant the same thing you have been badlv fooled. One is a noun and the other a verb in the cattle coun. try, according to Dan McCarthy of Montana, in his book of cowboy lingo, rodeo terms, dude ranch jargon, range profanity and other Western expi essions pub. lished for the benefit of posterity. A half-starv- ed according - 'vis's v V s s ca- dets who had withstood a terrific siege for almost ten weeks. This heroic garrison joined the insurgents in charging the defenders and finally the Socialist troops scattered and fled southward over the Tagus river. Their way to Madrid was blocked by Francos columns. Fascist bombing planes made several destructive raids on Bilbao, killing a large number of the citizens, smashing innumerable buildings and damaging two warships in the harbor. The enraged government sympathizers demanded that Fascist hostages held in the city 'e executed in reprisal, and finally a mob of anarchist amazons swarmed aboard a vessel on vhich many hostages were kept and brutally slaughtered 210 of them after putting them to the torture. That the Spanish government realizes its precarious situatioi is evidenced by its proclamation ordering Madrid to prepare for a siege, followed by a manifesto calling on everyone, women as well as men, to rally to the defense of the capital. Spain Warns Nations Not to Interfere C PAINS representative in the League of Nations, Foreign Minister Julio Alvarez del Vayo, solemnly warned other nations members of that body that they must not interfere with the Spanish civil war, which he said forbode a future war, not between states but between political concepts. The bloodstained soil of Spain already is the battlefield of world war, he contended in what other deegates construed as an attack on Germany, Italy and Portugal for allegedly arming the Spanish Fascist insurgents, he assailed the European nonintervention agreement as direct and positive intervention in behalf of the rebels and as a blockade of the lawful Spanish government." British Foreign Minister Anthony Eden, in a rather pessimistic address, said his government stood for an amendment to the league covenant to enable the league to intervene in the early stages of a dispute. He also proposed: Negotiation of regional pacts, separation of the league covenant from postwar treaties, measures to restore international trade; inquiry, under league auspices, into the question of access to raw materials, and reduction and limitation of armaments and publicity for armament expenditures. Minneapolis Strike of Mill Workers Ends A BOUT 1,800 mill workers of Minneapolis returned to their jobs, their strike having been settled. It had lasted for a month and had paralyzed the great milling in- dustry of the city. The mu owners agreed to recognize the right of collective bargaining and to permit employees to choose their own representatives. time and money and get greater by equipping the rear of your car and truck with a pair of Firestone Ground Grip Tires. They will give you the supertraction needed to pull through mud and unimproved roads and will save you the time, trouble and money of applying chains. Harvey S. Firestone was bom and raised on a farm in Columbiana County, Ohio, which he has operated ever since 1904. It was here on this farm that Mr. Firestone conceived the idea and worked with his tire engineers in developing a practical tire for farm use. Mr. Firestones experience in farming gave him the realization of the need for a pneumatic tire with lugs of rubber thaf would increase the drawbar pull, roll easier, save time, and speed up farm operations on cars, trucks, tractors and all wheeled farm implements. SAVE Firestone engineers are continually working with Mr. Firestone on his farm to secure greater farm efficiency. They developed the Ground Grip Tire which is so designed that in soft mud roads it cleans itself and the bars of rubber are so placed that they will not bump on paved roads. The design of this tire is so unusual and its performance so amazing that a patent has been granted by the United States Patent Office covering its exclusive features. The secret of the extra traction of Firestone Ground Grip Tires is the rubber lug of the tread. Under this extraordinary n tread scientifically designed super-tractio- are placed two extra layers of cords. This is a patented Firestone construction feature which makes it possible to weld this d heavy tread to the cord body, making it one inseparable unit. Go to your nearest Firestone Tire Dealer or Implement Dealer or Firestone Auto Supply and Service Store today and ask to see these money-savin- g tires. And when you order a new tractor or implement, specify Firestone Ground Grip Tires. Gum-Dippe- d Gum-Dippe- Listen to the Voice of Firestone, Monday Evenings, over N. B. C.WEAF Network 1M6,F.T.R.C. OTHER SIZES PRICED PROPORTIONATELY LOW GUARANTEE Jhi a, Traction tread j not to loosen from the tire body guaranteed under any conditions, and all other parts of the tire are fully guaranteed to give satisfaction. to the log-gi- n rebels fought their vay through strong defense and as they reached the center of the city there was a great shout from the Alcazar. Out of that battered citadel rushed the ragged, battered and lariat, author, is a rope often used to lasso various animals. A paint isa horse splashed with several colors while rotten has nothing to do with a lumber camp. It means sparkin in the moonlight. |