Show ( r THE GARUND News Review of Current : Events the World Over Easiness Men Bankers r and Others Assail President’s Monetary Policy — Russia Recognized Envoys Named — Welles to Leave Cuba Soon By EDWARD A MERICAN business as ad by tha Chamber of of tha United States ta now out In open opposition to President Roosevelt's monetary policy The board of rectors of that nationo n aa wide organ which la beaded by Henry L Ilarrlman of Boston adopted a resolution declaring that tha President's course was gravely- - Retarding business recovery and under-- si ng tha V govern- ment’s credit preventof ing the expansion normal credit and prolonging- the of foreign trade — In other words doing Just tha opposite of what Mr Roosevelt hopes It will do The directors demanded of the administration "complete avoidance of monetary and experimentation greenbacklsm list money" Until this time the chamber has been supporting the President and Mr Harrlman has been active In promoting the alms of the administration St attended the meeting of the board as did P W Litchfield president of the Goodyear Tire and Rubber comProctor pany Redfield president of the Vermont Marble company Paul Shoup vice president of the Southern Pacific railroad Chester I Barnard Teleof New the president Jersey Bell phone company and nearly all the rest of tha C2 directors Besides attacking the President's monetary policy the board adopted threa other resolutions of similar tenor One protested against the expenditure of large sums by the public works administration for financing with private projects In competition business enterprises which are now rendering adequate service at reasonable cost Another protested against the public works administration's plan to engage In the building of federal housing projects and Insisted that such financing should be through private housing corporations In a resolution on the NBA the chamber nrged that Induatrlal codei Should be administered through the trade associations of each Industry W PICKARD TIMES ALBERT SARRAUT’S 1 government wai upset by the French chamber of deputies by a vote of 321 to 247 due to Its Insistence on retention of the gold standard and balancIts defeat was really ing the budget brought about by the determination of the unlona of civil servants not to submit to any Unsocial sacrifices In the Interests of the state Xhere was a belief In Paris that Edouard Herrlot might again be called on to form new ministry CECRETARY OF STATE HULL who seem to cut much of doesn’t is to have figure In the administration a new assistant secretary President Roosevelt appointed to this post Francis B Sayre of the late President Wilson and be will succeed Harry F Payer who has been transferred to the of special position foreign trade adviser to the Mr RFC Sayre is a professor In the Harvard law school and will move from Cambridge to Washington as soon as arrangements can be made with the university As adviser on foreign affairs to the of Slam Mr government Sayre has had wide experience In the negotiation of commercial and political treaties Since 1925 he has negotiated treaties between the Siamese government and the governments of France Great Britain ths Netherlands Spain Denmark Sweden Portugal Norway and Italy He holds decorations from all of the principal nations of Europe the purpose of raising commodity prices he continued The action of the chamber was coincident with the deliver?1 of an address by Ur Rooslveftyu Savannah Ca In which he denoun&d the critics of bis recovery program as "torles" and “doubting Thomases" and warmly defended the “experiments” he Is making He promised that “the principles and objectives of American will remain the same" Washington said correspondents that an ambitious second stage reconstruction program was being formulated there for the President In hla absence Important features of this plan are sound money on a devalued gold a balanced budget to come standard from proceeds of a devaluation liquor monopoly and other “painless’’ revenues t revived foreign trade on parity currency and real progress In resumption of foreign debt collections Seizing upon the appellation used by the President critics of hla course hnvs organized the Association of American Tories and it Is gathering many members The originators of the association decided they Bhould LIEUTENANT COMMANDER SET have a king for thblr Fresldent so navy and Major Ford found they selected for that post Rufus King ney of the marines finally a well known author a day of favorable atmospheric con dltlons and made their CECRETARY of the Interior Ickes flight Into the stratosphere Thelt as public Akron ascended from big balloon works administrator announced that he had turned Ohio and reached an altitude of 61237 over to the new federal bousfeet This beat the existing record by about 8000 feet though Russia’s strat ing corporation that Is undertaking slum clearance work In cities throughosphere explorers claimed to have rls out the country The undertaking he en above 62000 feet said would be started In Detroit with Settle's balloon and aluminum ball a model housing came down In a southern New Jersey project swamp and the two daring explorers T ESUMPTION extricated themselves safely and were of diplomatic to with Russia and the recogtnken by airplane Washington nition of the Soviet government came where they were received by the sec as was expected on the eve of the retary of the navy and other officials xr ' either ? i UTAH Sally Sez National Topics Interpreted by William Bruckart Washington—! most frequently Important Question believe the question heard In Washington these days Is: “Now that we have this U new deta1' how to be untangoing And It occurs to me that It Is about the most Important question before this government today A chemist can mix constituent parts of a formula or a prescription but he never can undo what he has done Thus while the new deal has not changed the physical characteristics of tilings as a chemist would do In mixing formula the Job of getting this country settled down Is one of such magnitude that the untangling of the skein la going to require something more than patience Consider the farm adjustment proOr the NBA Or look lfito the gram of commerce and Industry uprooting by the various banking changes and currency and gold maneuvers that have taken place And last but by no means least examine the rapidly growing pile of obligations that con stltute what we know as our public gled?” debt capacity to find anyone who has sugI cannot refrain gested the answer from calling attention to one possibility: the new deal has set out upon a of policy that cannot avoid revision our entire economic structure and it now appears It may lead even to a resettlement of the United States That means of course that folks who devote their lives to live stock raising will have to move to the areas where they can do that and the corn grower will have to get Into that bailiwick or some such new alignment I confess I do not know what drastic without changes can be accomplished dislocating the Uvea and the hopes of farmers but to me It Is a decidedly Interesting question over which to ponder as the long winter nights wear on to still seems to what was the the recent The Big treasury The tlon The country figure out A irr Inn kitortf Oar factor! Of thins to Bet cadacra til knew thnt Thor haj thins M wIL INDUSTRY HOME PATRONIZE be trying cause of drastic changes came so quickly and without any warning note that It was a move amounting to lightning from a clear sky And now the observers here are trying to figure out Its meaning In the fullest sense 1 watched the leading country’s newspapers closely for several days after the President announced that Secretary Woodin was going on a long leave of absence In search of health that Dean Acheson was resigning as and that Henry undersecretary Jr was being moved over as undersecretary of the treasury from the post of governor of the farm credit administration Being undersecretary he Immediately became acting secretary when 'Mr Woodin left for Arizona In his search for health The newspapers were at wide variance on their views Some of them held editorially and In their news columns thnt Inflationists had taken the treasury under their wing and that we were headed straight Into the grievous mistake that Germany made on her currency Others took the position that Mr Woodin was not a "yes" man and that Mr Acheson was not in sympnthy with the various maneuvers to which Mr Roosevelt was lending his support and thnt the Fresldent simply cleaned house Whatever the reason was it remains as much of a secret as ever The one thing upon which Washington observers seem to agree and the feeling was In many reflected large newspapers was that Mr Acheson was the “goat” Mr Roosevelt wanted Mr Morgenthau In the treasury and wanted him to run the place while Mr Woodin was away and the only way to accomplish It was to get rid of Mr Acheson That certainly happened In announcing The President the changes said it was necessary to have a man of more experience In the treasury than Mr Acheson since Mr Woodin was going to be absent With reference to the public debt It should be stated that this country after the World war and Its and animosities had been shaken off proceeded to pay off Its public debt at an amazing rate After the end of the war when the debt was at Its peak the government owed a total of $20550000000 It stands today In between roughly at $23400000000 those two dates when the country was and Income taxes and othprosperous er taxes were yielding their fullest the debt once was whittled down to nbout So those "“Who watch $16500000000 over the public debt say they entertain no fears that when conditions are prosperous again there will be taxes to pay ofT the debt and that no one will complain about the vast sums now being spent If the result Is prosperity This payment of the public debt however Is to my mind considerably less of a tangle a problem with which President's departure Is about EWFOUNDLAND to lose to deal than the farm adjustment for Warm Sprlugs He scheme on which Secretary Wallace Its status as a British dominion and Commissar Litvinov Issued a Joint and be demoted to that of a crown col- and his Agricultural department folks are laboring recomIt seems likely from Mr has been announcement of the ony This course that Wallace’s calculations that the couhappy ending of their mended by a royal commission has been Investigating the dotnlnlon'i ntry's acreage of harvested crops next negotiations and Mr affairs The report Roosevelt Immediatetangled financial year will be at least 30000000 ami of this body charges that Newfound may be 35000000 acres below the ly designated William land's debt C Rullit as American which has reached the erage acreage of crops planted and harambassador to Mospoint where the Interest consumes 60 vested annually In recent years Emercow which greatly per cent of the stats's Income Is gency adjustment plans are responsible They arp predicated upon a basis “largely due to reckless waste and pleased the Russians control of production a Within a day or so travagance and to the absence of con- contemplating HAD been expected Prof O M structive and efficient administration" restriction against a surplus that the Soviet government W would Sprague special adviser to the announced that Its ambassador force prices down was Newfoundland the first of Great to treasury resigned and In doing so he Washington would be Alexander AnBritain's overseas colonies is Mr Wallace Labrador profoundly contdld the President once his pupil at tonovich Troyanovsky Is Included in Its government and one vinced that this course will be formerly dipHarvard that the lomatic representative at Tokyo and of the suggested solutions for the Is tremely He helpful to the farmers Roosevelt dollar denow vice chairman land’s difficulties has been to sell Lab sees better returns to them and he of the Russian predation policy not state planning commission rador to Canada paying the public This gensees greater peace of mind which aftwill to raise fall nly tleman was born in Russia In 1882 debt with the proceeds er all Is not to be dismissed lightly prices substantially In studied In the University of Kiev was among the farm folks of the country the absence of trade jfcVv-cVexiled to Siberia In 1909 escaped and But that Is the Immediate picture SEISMOGRAFIIS all over the world recovery but will ruin lired in France until 1917 and served What of the future? day what sclen Or to quote the credit ef the govIn the Russian tlsts declared was the greatest earth again the revolutionary army question: “how ernment and precipThe President Is socking to develop With recognition by our government But fortunatel) Is It going to be untangled ?” quake ever recorded My own itate an Inflation panic Russia agrees not to allow Its work relief program It occurred toward North In Is way up conviction thnt the the agents urge to get the government’s so “I believe” Sprague to propagandize that It will be opagainst the governpole belween Greenland and Haffin la some relief out to the farm belt too aid In his letter "you Millions Prn ting on Its most Alake ment of the United States guarantees land where there was nothing to de- little attention has been to the paid era faced with the alreligious freedom and legal protection extensive scale coinof Jobs stroy except land formation and no of the entire commodity status ternative for American nationals In Russia and of cident with what is lives to be taken production areas of the nation that can waives all claims against the United giving up the present logically expected to be the peak of be called farm land States growing out of the American policy or of the meeting of governthis winter Ills pro unemployment ERNEST W GIBSON who formerly ment expenditures with additional expedition Into Siberia In 1918 21 No from Vermont gram to add $400000000 to the public congressman To show how promise whatever was made by Mr the farm works funds and take Idle persons off money" will go back to to reprethe attitude of sent that state InWashington Having finally lost all hope that the Litvinov concerning the senate He was adjustment proginm Is it Is only nec- the relief rolls for those Jobs Is well his government toward the payment President might be persuaded to to that essary state under way It no doubt will make appointed by Governor Wilson to fill change bis course before It Is too late of $7C8583000 In debts owed by Rusthe vaenney caused by the death of Like a Game every crop thus far several million Jobs available for a sia to the United States government Professor Sprague' said he was resignfoundered Is one short time at least Senator Porter H Dales of Chets and to private American citizens t a “key” ing to take the field against the constituting It Is the President’s thought that In the commodity policy These structure believing thnt the last WISCONSIN’S farm strike fizzled key crops — cotton wheat corn etc — where persons have been on relief Chance of averting a currency Inflation his conference with FOLLOWING called off by the rolls they will gladly take a Job and debacle lies In arousing public opinion Welles In Warm occupy more than 1900000000 acres heads of the Farm Holiday associatwork regularly If they are paid a litAnother of the President’s To change that layout Secretary Walfinancial Springs Fresldent Roosevelt Issued a ion and the milk pool The tle more than the relief doles they pickets dvlsers though unofficial James P formal statement concerning the Cuban Is Just Idee a game of were were all withdrawn and shipments of lace admits He contends that peoreceiving When you make one move yon Warburg New York banker Joins with situation which was milk and other farm produce to the chess ple prefer work generally to being fed faced with Pprague in protest against the present designed to let Fresanother on a charity basis And as far as I were mnrkets resumed The milk are Immediately Like the profesldent Grau know that and so on monetary policies pool leader said another “holiday" can learn no one disputes the Idea sor he will undertake to arouse public the United States Is would be ordered in FebBy removing whent os a production Certainly the person who Is woiklng probably not ready to recognize opinion against them This be anfrom one square mile or one portion ruary and Is being paid for It regains his government nounced at a meeting of the American and of a county attention must Immediwhich so many times Is lost will not do so unless Academy of Political Science In PhilHINA seems to be headed for ately be given to the question of to when charitable organizations have to adelphia At the same meeting I’rof he can persuade the other civil war of major proportwhat use thnt land can be put It Is care for him and his family factions to Irving Fisher Yale economist said the Island ions The famous Nineteenth route obvious that It cannot be allowed to There Is one aspect of the program cease President's monetary policy was their warring army which defended Shanghai against So there must be a for grow only weeds work and Senator Thomas and right" agree the Japanese early last year has re- stop gap crop of some kind some crop to makingbeen however that seems among have overlooked generally Oklahoma themselves of asserted that he was opvolted against the Nanking govern- that will not compete with wheat or The proposition contemplates wide dereThe statement ment and Issued a declaration of In- with corn or with cotton or posed to Inflation which will cause the other of roads and highways In iterated the adminisgeneral surprise dependence of Fukien province la crops on which production control Is velopment It all parts of the nation State road Members of the advisory councU of rumored the army has reached an untration's policy of recognizing any govattempted supervisors are going to make and the federal reserve board composed ernment regardless of Its partisan or derstanding with the communists In being out In western KanAs an example deed are now mnklng plans and listof prominent bankers In each federal factional color which proved Itself Klangsl province sas they have developed after years of In the numerous counties ing projects The fact that Fukien’s chief political reeervt district met tn Washington of Its people and able representative a new kind of where work of a and experiment worthwhile nature and adopted a resolution favoring the to secure their support But It was principle Is continued opposition to trial cane It Is no longer the tall can be done This of the currency on a made clear that the present Cuban Japan has caused apprehension plan places the that sorghum slender stalk of yore but a short stalk to close the to Jobs Is basis source of need right It likely InterJapanese provoke with gold together aafeguards government assailed as It has been vention not that has wheat unlike a In heavy The contains the locality where men are out of extenprovince to be agreed upon by International ac- by one revolutionary attempt after anhead or as seed of choose you Jobs tion Ths resolution was circulated other did not at present meet these sive Japanese Interests and Is re- to describegrain It It can be produced for garded as a Japanese sphere due to lte among all the member banks conditions about 14 cents a bushel and farmers Erivately location opposite the Japanese island reserve system While we are discussing the probMr Roosevelt are flocking to Its use It takes care supplemented his colony on Formosa lems of the new deal It seems pertistatement by the announcement that of the lnnd made vacant by withdrawal CHINO nent to call attention to how advanceSecretary of the Treasury though Ambassador Welles would reIt presents a of wheat but Morgan thau replied to criticisms turn to his post In Havana after visitON’ DECEMBER 5 the fasclet grand - for both wheat and com cnpetitor ment of science In commerce and will be convoked to dlsadd problems with which the by wylngIs that "the credit of the United ing Washington he would soon be re- cuss council Or If the vacant land la turned to dustry the question of Italy's memberss good as the Rock of GibStates For example placed by Jefferson Caffery and would professors must cope you at once start live stock the bureau of fisheries of the Departraltar" but at the same time he let It resume his former position as assistant ship In the League of Nations and In- grass there to and the gov- ment of Commerce has expanding formed opinion In Rome Is that Italy dustry b known that In order to bolster up secretary of state for Latin American Just discovIs trying to hold down live ered a way to make oysters shuck the prices of government securities affairs This Is In full accord with wlU withdraw from the League unless ernment France consents to the holding of a stock production so that those who de- themselves which have been dropping the TreaThere are thousands of Mr Welles’ desires though he has disarmament vote their land to live stock will get men In Rome conference on and women too who annually sury department Itself would bny fed- been unwilling to retire from Havana a fair return Such Is the story all pact that was enadd to their Incomes by shucking oyseral bonds with some of its surplus under the heavy fire directed against der the So far tne through the list It Is not easy and ters along the rivers and at the ports gineered by Mussolini him by the supporters of the Grau funds I think any have refused to participate French person will where the oyster boats come In The The latter had been orgovernment No professor In any such conference of admit It however discovery of a method for self shuckoutside answer ganizing a great protest demonstraPRESIDENT ROOSEVELTS and Geneva the auspices of the learned la going to solve that problem ing of oysters will throw a tion designed to keep the ambassador against hla polgood many nl without careful thought and exceed of them out of Jobs this winter newspapers icies as obtained by Washington off- from landing at the Havana docks and league haveThree Italian If the Mired at the possibility lngly cautious moves with him at ready icials who communicated serious trouble was feared Mr Rooseplan works as the bureau says It will of the withdraw Admitting my own Inability to foreline of Warm Springs was to direct that the velt's announcement-- It — was “hoped work cast an d them Is the and the result of lack Fnpnhi equal premier's Wtotern 1933 of the dollar for would ease this tense situation Q NewtpAptr Unlo depredating program Nt e II n Ln'on AS i GARLAND DREMIER May Have Saved His Life In classic Roman days an orator would gather together friendj who would listen to a private recital of his speeches before their delivery in courthouse or senate PRIZE STORY THIS WEEK’S had propur learo far part they long before they haro had their shart of homo dotiea and reoponsibilitiosl Bend them out Into tho world prematurely to what? — monetory and they amount tho other rimr copras Consider bams Enroll thorn In tho IaJrf mountain Prodocta their School No Immediato development not their daily contact how they transmit their power to other little dollars Tho well trained dollar Is a whis In mathIt begina to multiematic Immediately There's ply aa well as add and divide till plenty of time for your dollars to go farther afield after they haro been graduated from Good 01 Intermountain And long after graduation if home training haa been performed wisely many old grada will teturn for a reunion and to glto one Hart yonr dollars Or do training”? unknown more tho college yell:— Intermountain Intermountain I'm for yum Ton grow so many dollars from such a fewt Inreat O Preit— Oj there yon are Intermountain Intermountain Alma EVALYN MacQUIVEY Wendell AT Utah Oil Service in Idabet 400 Refining Stations Utah and Idaho First Electric Apparatus The first electric apparatus was invented during the Sixteenth century by William Gilbert physician to Queen Elizabeth of England A8K YOUR DRUGGIST FOR COUGH SYRUP NOSE DROPS AN INTERMOUNTAIN Ahead PRODUCT of Columbus St Brendan the navigator aa Irishman is said to have reached the mainland of America centuries before Lief Ericson or Christopher Columbus Utah High School of Beauty Culture So Mil fit Salt Lak City Ikt Itaiitj CaHsri Prtltubi (tears it Otprusiti Yotl can now learn a profcaaion that will ralt jron independent lor th rest of roar dart $15 per month onlr for tho complete Phon atom of oiz month or writ for onr catalocoe Moil In coupon j Nil ME Af DRESS Florida Settled in 1559 Florida was settled in 1559 entered the Union in 1845 and has an area of 58666 square miles DIABETICS! Soottlo man finds complete relief In severe with simple nalira! method after failed Ne needles no tsrrutlo All letters annwered N H Boles 312 Bmyrlew Bldg Beattie Wr cs dal lata Tadpole Can Grow New Legs In the stage when the tadpole is growing hind legs if by chance a another will grow exact counterpart leg is nipped off in its place the of the one lost tO HA (PJoUU tld will h paid per for th hoot aniclo an “Whv Intormoantaia mod Similar to ahor gond roar otorr la rao or roraa ta Predict Colamn P O Boa 1565 Salt Lak Citr If ttorr appear la thia aalama goa coir check ohonld Good’ ra aa — rar r - $300 Wack No il WJIU — SIt Lak Citr "The Man of the Hour" "Tha man of the hour" is phrase applied to an outstanding leader whose popularity and power make him the most conspicuous of Because popularity all leaders nd power depend largely on th pleasure of a fickle public which is "for" today but tomorrow may be "against" the phrase carries with it the connotation of uncertainty Fish can hear and identify tones within an octave rang Asserts A professor of Munich who trained' fish to "answer a dinner belL" |