Show news review of current events the world over Farm Board to abandon efforts to stabilize wheat prices f austro german customs union I 1 haf stirs protests by EDWARD W V PICKARD 0 MORE attempts N NO to stabilize the price of wheat by large purchases on the open market will be made under the auspices of the federal farm board after the 1030 crops crop Is marketed which probably will bo be done by may alay 31 this was t h 0 a n no of the sam H board whose new thompson chairman james 0 htone and new member sam U H thompson of illinois have lust just taken office in milking making its decision known the board pointed to its past purchases of large wheat stocks and us exerted that it cannot indefinitely buy more than it sells nor indefinitely hold what it has ham bought runners farmers must know the board continued that it cannot follow a re regular fular policy of buying at prices above the market and elling belling below cost no definite nite sales policy for it its present nt big biff wheat holdings was announced by the board there were indications bo however wever that should the farmers display a tendency to help themselves by I 1 restricting wheat acreage nere age the disposal of the 1030 1930 crop holdings would be spread over a long period and fold slowly in the market the immediate effect of the announcement was of course a sharp break in prices on the chicago board of trade wheat deferred futures reached the lowest levelt levels since 1893 1895 july touched and septem ber went down to GO 60 cents there was quick recovery however when the stabilization corporation announced this plan pinn Effective April 1 1 the corporation will quote a selling belling price of cents a bushel t f a 0 b no 2 hard winter wheat at Clit chicago engo f for or ordinary quality with premiums asked for grain of high protein nind quality this price will be advanced cent n bushel oo on april 10 and 12 cent a bushel every ten teen days thereafter until june SO 30 the date which marks the expiration pi jil ration of the current crop year in washington it was wag assorted asserted that it was now certain that farm relief legislation would be a major issue during the next n ext session of congress and something new in this line may be devised senator dorali borah la Is still urgently supporting the export debenture plan and senator watson of indiana prefers the equalization fee scheme senator mcnary also likes the latter program but says lie he cannot see how it will help solve the present problem in the face 0 at the world wheat surplus president mover hoover Is opposed to both these plans borah suggests that the present wheat surplus in this country be sent to china or destroyed the european powers will not let it be dumped on their markets foil two years the treasury department lips lias been investigating charges vint that european safety match manufacturers were disposing of their products in abir country at low prices to th the injury of domestic producers evidently the charges were found to be true for secretary motion issued an antidumping anti antl dumping order against tile lin im port por atlon tation of safety matches from eight countries such action previously had been taken against russian matches the latest nitrous affected are finland norway Esth esthonia onla sweden latvia austria Anstr la I 1 nolland lo lland and poland J JIMMY I 1 M M Y M MAYOR walker of new york hns has been given the opportunity to examine and reply to S the charges of m misfeasance s fen sance nod and neall gence in office fall lied a s g u I 1 n a 81 t him gov GOT franklin roosevelt found himself in a dlf position tIon when asked to oust the mayor walker mayor or refer the matter to the state legislature for an inquiry but he extricated himself by the simple expedient of forwarding alth the charges to Jim jimmy myat at his retreat in pat hatm m springs calif and asking him to wake make answer when he be returned to weva york llo however wever the affail of the its are to be thoroughly investigated a ted and tammany may be approaching one of its temporary empo emp rory eclipses tile the tate state senate byrbe strictly party vote jot of 20 to 24 adopted a resolution fk fo art an invest investigation ign tion by a legislative com coin tv V consisting of three r senators and tour four assemblyman assemblymen assembly men and after a protracted debate lie assembly con burred with tho senate tile the vote being 70 to 70 tile alon of the senate was A surprise to tile lie democrats for alastick and westall the two lecun westchester senators senn tors who had formerly blocked saivii a suddenly shifted their votes und and went ent along with their colleagues national la Is given this new york scandal by its possible cf effect on oil the democratic bartys action in the lie natio national naf convent convention loti next year it may greatly promote the chances of franklin roosevelt for the presidential nomination or it may ruin them lie would be favored by those parts of the country in which the democrats are politically dry it if b h were freed from tile the any brand but al smith Is said to be cold to ills his candidacy and national chairman Is reported to be strongly in favor of giving the nomination to owen D young tammany itself Is split into two factions one headed by mayor walker and john F curry und and the other by A al smith T throughout battle maneuvers tile the j of ane american fleet in panama waters secretary of tho the navy charles francis ad aros was a deeply in n terp sted observer lie ile returned to washington fin with the firm conviction that not wIth standing the develop anent of aviation the secretary Is still the adams adama backbone of modern fighting fleets these big surface vessels are essential cogs in our naval lighting forces said mr adams und and ills his opinion coincides with noth those of the I 1 leading eai iding naval officers atio alio parti in or watched tile the maneuvers maneu vcra in reports report filed at the navy department such officers as admiral william V pratt chief of naval operations rear admiral joseph C B reeves and rear admiral mark alark A bristol chairman of tile the executive P committee of the navy general board agree that without battleship strength tile the united states would bo be powerless io prevent a major hostile movement across the ocean directed at tills this country blaw REPEAL EPHAL of the 1111 prohibition law and the search and seizure act was completed by the state senate by a vote of 20 tu 24 the house had previously passed the repeal net act 91 to 50 56 1 labor A 7 0 ORGANIZED bor in the united states Is prepared to fight with will all the lie strength it possesses anny attempts to reduce wages such Is the assertion of william wililam green president of the amerlan american federation of labor in a statement issued in washington lie he said wm m green rec reductions in wages have been favored and encouraged by hunkers and boina amplo employers whose desire for standard profits has evl overcome r their letter beller judgment it if they aln are persisted in a return to normal conditions will be delayed for two years or more imore it la Is only through tile development of the purchasing power of working people to the lie highest possible point that a mittet noirl et can be found for tile the goods which we ive are producing in an ever increasing volume in tile the light of these facts tile the american federation of labor conceives it to he be its duty duly to resist with till alt the Influence and power at its command anny attempt on the part of employers to reduce anges furthermore it will be the policy of the american federation of labor to direct its efforts when favo favorable ruble conditions permit toward compelling those employers of labor who love reduced wages during this period of unemployment to restore thera them ERMANY and austria have announced Gnoun GERMANY ced that they are about to consummate a customs union and have ceased accused great disturbances in the so callily chancelleries chancell eries of europe great britain france italy and especially y czechoslovakia have protested against the move and according toye to report port some of them have warnee warned the two nations riot to go bead with their plan the british position Is that it Is 19 a violation of of the protocol of 1022 la in which the league of nations reorganized austrian lIn finances ances and austria agreed to give equal to till nil countries coundrie coun trie S the french It allans and czecha czechs fen fear r the proposed union is 19 tile lie farsi step toward the political union of Gerni germany any and Al austria istria which would violate the peace treaty the czechs czecho are arc trying to bring the other countries of the little entente to their point ol 01 view and the two nations have invited czechoslovakia Czechoslovak la and to enter economic combination with them when the french british and italian ambassadors questioned foreign minister curtius in berlin ile he replied in effect that germany would not back down in its determination to put the tariff union into effect but he 11 assured them that in no way heralded tin an eventual unification with ith austria it baj tolerably evident that germany was willing to carry the mutter to the tie world court ut at the bungue french foreign minister was placed in nn an embarrassing position for tile the austro geranan bennan plan la Is really a sturt start toward his great scheme of an economic union of all europe in which there shall be no tariff walls M MONTAGU NOR e i man governor of 1 the bank of england came to the united states friday on one d of his frequent quiet visits having little to say to tile the pless pi ess as usual ills his arrival interest t e r e is t ed a d financiers deeply for it was believed lie he would go to and that M M M norman then or soon thereafter president hoover would issue the call for the international silver conference which was given authorization by the last congress silver has hag been in a parlous state for many months for while production has bot 1 greatly increased the lie sales by india on its return to the gold standard and by other countries for the purpose of lessening the silver content of their coin ages have glutted the market in 1020 its price was ga cents an ounce and ii it now sells for about halt that rationalists of porto rico rica re calved no encouragement train from president hoover when he landed at at san juan and delivered his first address which was made to the island legislature on tile contrary he dwelt on the innumerable benefits benefit Erthe the island had derived from ayom its rule by the united states predicted fine things for its future and pledged the support and operation cooperation co of his administration toward continued porto rican ress resa the island said the president has in the course of a single generation emerged from stag stagnation natio n to it a high place in the march of progress and constitutes now a magnificent exam pie of what a capable and intelligent people may accomplish under free institutions mr hoover praised the efforts of gov theodore roosevelt Hoose veli to secure new channels of livelihood for the islands increased population president hoovers reception in san juan and everywhere else his automobile tour of the island took him was enthusiastic wednesday was spent at st thomas capital of the virgin islands dhere tile the people welcomed him film respectfully I 1 nd ind told him plainly the needs of the little group that has just been placed under tile the control of the department of the interior that night the arizona began a leisurely return to norfolk of the S SECRETARY treasury andrew i W V melton mellon celebrated 4 his s e ev v e ent n t ys ysl y s sl I 1 x 11 t h hirt birthday liday on tuesday and the day was made notable by the joint iward to him and hla bretl er richard it mellon of the medal of the american in ti tute of chemists though neither of andrew W cw them Is a scientist they are ari thus honored mellon us as pioneer patrons of science who have given millions of dollars to promote it during tile the last score of years yeara much ot of tile the practical results of tile the I 1 mellon I 1 el 10 n gifts have come from the mellon institute of industrial research which they established at the university of pittsburgh in 1013 there all ini industry lu 8 try anti and ninny many branches of science are furnished a place to make discoveries the blell mellons ons do not usually pay for tl tese iese researches nor receive any credit for them although they furnish an important part of the scientific machinery tile mellon institute says dr r rederick K E president of tile the institute of chemists Is the west point of our industrial system assisting the united states to attain and hold its foremost position amongst the industrial nations of the world its activities have assisted in bring bringing ing to the united s jalcs tho the argest chemical industry in the world boton |