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Show News Review of Current Events the World Over Farley Thinks Midwest Safe for Iioo:-eveh Sloan Urges Industry to Save Nation CrUis in Kurope Is Approaeliini:. By EDWARD W. PICKARD 'r, vv.-l.rn Ni:'. -p'1 r-T I.'nton. POSTMASTER GENERAL FARLEY, In li Ih capacity of cliairnian or the Democratic niilloiial com mil lee, called tlmt body to meet In Washington .Ian- OA XT A CI,Ars Is doing hi- work this year for tin' merchants of the country. It is estimated by officials of the Commerce department that tlie I'hrislmas trade will amount to St. ."!)!).-i ."!)!).-i M lO.iino or half a billion (, .1 l.-i :-s more than In December hist year. Preliminary holiday trade reports from all parts of the eotintrv to the Commerce department indicated that retail trade already is running from fi to ,'!." per cent higher than ii year ago. Christmas clubs uill pay s:'.12,000.-000 s:'.12,000.-000 to 7.000,000 members. Much of this money will go Into Christmas trade. EUROPEAN diplomats, especially the British and Premier Laval of France, are exceedingly clever ami resourceful, re-sourceful, tint if they are to extricate 1 J ; t m.w ' Li--' J nary 8, when arrangements arrange-ments will be made for the conventi-m of 1 OIK! anil the pl.-o-e of that gathering select eil. lie told I be cot re spomlents that the chief bidders for the convention wmtbl be Philadelphia, Chicago. St. Louis. Kansas City and San Era tiriseo. linil lleTlll'll 111,' ri'oort their nations from the present threatening state o.' affairs thev will need all their smartness. Though decision de-cision as to the imposition impo-sition of an oil embargo em-bargo against Italv was postponed until December 12 to give Laval a chance to conciliate con-ciliate Mussolini, the Hn,a rofncml tn mn l.-o J.A.Farley ,l,at Ulf, ;,.st named city ulroady hail been decided upon, lie said lie thought the highest bidder would be selected, provided It hn adequate ad-equate convention ball and hotel facilities. fa-cilities. Stories that Senator Donnhey of Ohio or some one else would be given second dace on the ticket instead of Garner were laughed at by Mr. Farley, Far-ley, lie asserted that there was no doubt about the renomination of darner dar-ner for vice president. Asked about the two-thirds rule, be said the com nilltee might recommend Its abandonment, abandon-ment, but that any change was the business of the convention. Commenting Comment-ing on the Literary Digest poll, which shows a majority In the mlddlewest Btates voting against the Roosevelt New Deal, Farley said: "So far as the poll relates to sentiment senti-ment In the midwest states, like Iowa. R is 100 per cent wrong." tie insisted ttnt the President was very strong, not only in that section of the country, coun-try, but In every part. "The President will carry as many Btates next year as he did In 1032," Bald Farley. Roosevelt carried all except ex-cept six states at that time. Farley eald he believed Roosevelt would win the electoral vote of Pennsylvania, one of the Btates that toted for Hoover In 1932, and that also there was a good chance of carrying New Hampshire. ALFRED P. SLOAN, JR., president of General Motors corporation, was the chief speaker at the annual dinner of the Congress of American 0 It I'l l SI I. IrNh and Canadian dele- gatioris i - ri i-'l o in versa; iors in Washington with A iiicric.-i n otiieial.s looking to ll:c - t : 1 1 i i r-1 1 i l -1 1 1 of trans-Atlantic trans-Atlantic air I'l.'iil acd pa-sot. .'it service. serv-ice. It iv as l.-:i".' I mis could be ac-cotnp'Mic'l ac-cotnp'Mic'l as sunn as re,-: ;e'oea I pacts are signed in allow th" hinding of American plane on forei-jn soil. Heretofore Here-tofore ibis has I ii blocked by the je.i Ion -les of loi-ei'jii aviation interests. The delegation from Great Britain is lica'l'"! by Sir KonaM I'.ands. director direc-tor general of the get era.l post o!!H-e. lie is accompanied by C. K. Wooiis 1 1 a laphrov, luancging director of Imperial Im-perial A i -v;iy, I .Id. Postmaster General Farley announced an-nounced that lie would ask congress at tiie coming session for ftnuls to start an air mail service between the United Slates and I-lurope. CANADA'S wheat marketing policy, always a matter of great interest to wtieal growers of Hie United States, is to be radically altered, according to the Dominion government. A new wheat hoard has been appointed, bended bend-ed by .lames It. Murray, general manager man-ager of the Alberta Pacific Grain company. com-pany. Instead of trying to maintain prices by stabilization operations on the Winnipeg Grain exchange, the board will endeavor to reduce the huge Canadian wheat surplus by offering wheat for sal'i at the world's competitive com-petitive prices. GOU news for the building industry. indus-try. President Green of the American Federation of Labor gives out the word that there will be no more jurisdictional strikes among construction con-struction workers. The factious in the building trades department of the federation fed-eration have found a plan to prevent workmen from delaying construction by strikes over which of two organizations organi-zations should do a particular piece of work. In the future the contractor Is to decide which union shall do the job when a dispute arises, and then if a joint committee of the unions involved is unable to adjust the difference the question is to be referred to a federal judge as arbiter. SECRETARY OF AGRICULTURE WALLACE announced the corn-hog program for 1926-37. Designed to maintain a balance between the inter-rraT inter-rraT ests ot tne Producer 1 I anf' t'ie consumer, this I 1 new plan will permit v" ' j a 30 per cent increase : -1 in hog production next - year over 1935, thus FJiSs. V 1 preparing the way for I ' possible reductions In pork prices to the I 'k js-'' housewife; and to reft re-ft . Jw ' strict corn acreage to l about 95,000,000 acres, , an Increase of about Sec'y Wallace j 400 000 acres over the amount harvested this year. After appraisal by community committees com-mittees and review by county allotment allot-ment committees, a corn acreage base and a market hog base will be fixed. Co-operating producers must agree to plant corn next year on at least 25 per cent of their base acreages. . They will be permitted to retire from 10 to 30 per cent of their base acreage for soil-improving or erosion-preventing purposes. Hog growers must -agree to produce between 50 and 100 per cent of the base market production. The 193G corn adjustment payment will be 35 cents a bushel on the appraised, ap-praised, yield times the adjusted acreage, acre-age, less the pro rata share of local administrative expenses. Corn adjustment payments will be made in two installments. The first, at the rate of 20 a bushel, Is to be made about August 1. The second will come due about December 31, 193G, at the rate of 15 cents per bushel. A payment of $1.25 per head will be made on each hog in the base. Deductions will be made at the rate of $2.50 per head if a producer fails to raise 50 per cent of his base numbers. num-bers. The total payment to a producer pro-ducer will be the same for a production produc-tion ranging from 50 per cent to 100 per cent of his base. The 1937 rates will be announced by November 30, 193(1, but the rate on corn will not be less than 30 cents per bushel and the rate on hogs will not be less tliau $1.25 per head. ONE hundred thousand Democrats, mostly Georgians, gathered in the stadium of Georgia Tech at Atlanta for a homecoming and beard President Industry In New York, and he made an earnest ear-nest plea to Industry to save the country from bureaucracy and possible socialism. Industry should lead the nation away from the fallacious theory of plenty "to promote the general welfare of all the people," Mr. any gesture toward Slr Samuel peace. Italians were Hoare authoritatively warned not to mistake diplomatic exchanges between their premier and the representatives of Great Britain and France as "peace talk," and were told there was no reason rea-son to believe Mussolini had modified his minimum terms already presented to Sir Eric Drummond and Laval's representative. Also he has declined further to conciliate Britain by removing re-moving more troops from Libya and has repeated his warning that he will consider an oil embargo an unfriendly gesture. He and all Italians are especially espe-cially resentful against Great Britain, which apparently intends to insist on the oil ban. And now they are getting very sore at France, despite Laval's efforts to maintain friendly relations between the two countries. There were reports that Italian troops were being massed along the French frontier. One more rather desperate move for peace was made in Paris when Laval gave Italian Ambassador Cerruti a "set of suggestions" which were said to be the last .word from France and Great Britain before the applying of the oil embargo, due on December 12. These suggestions were said to be based principally on an exchange of territories between Italy and Ethiopia, Ethi-opia, the latter to- receive Its long-sought long-sought seaport and to remain absolutely abso-lutely Independent, save for the lands granted to Italy. The feeling in Rome was pessimistic, and there was noted a general tightening tighten-ing up of borne defenses. Troops that had been expected to depart for the Ethiopian front were being retained in Italy, and the orders to the naval and air forces were suggestive. New economic measures to resist the sanctions sanc-tions were being put into effect daily. The British government was engrossed en-grossed with the troublous situation. Sir Samuel Hoare, foreign secretary, received timely orders from his physician physi-cian to take a rest in Switzerland, and it was announced he would stop in Paris for a conference with Premier Laval. The admiralty was preparing for eventualities and ordered officers of the royal navy reserve to report at once for duty at Plymouth. These men have been serving as ollieers and engineers en-gineers In the merchant marine. GEN. HO YING-CHIN, Chinese minister min-ister of war, was sent to Peiping by Dictator Chiang Kai-shek to try to check the northern autonomy move- Sloan told the nation's , , A. P. Sloan, Jr. leading manufacturers. manufactur-ers. Should big business fail to accept ac-cept this "broader responsibility." it will bring, he said,, the "urge for more and more Interference from without government in business." Mr. Sloan conceded the gravity and the extreme Importance of problems of today the paramount necessity of charting a sound course for the "long future." lie advocated: "1 Reduction In the real costs and selling prices of goods and services. "2 A more economic balance of national na-tional income through policies affecting affect-ing wages, hours, prices and profits." The meeting of the congress was held in conjunction with the fortieth annual convention of the National Association As-sociation of Manufacturers, and the speakers before that body were as emphatic em-phatic in their condemnation of the economic policies of the administration as was Mr. Sloan. President C. L. Bar-do Bar-do said: "Whether we like it or not, industry has been forced in sheer self-defense self-defense to enter the political arena or be destroyed ss a private enterprise.'' General Counsel J. A. Emery declared: de-clared: "This gathering is a call to arms. "Tiie sentry call should rouse the armies of industry to repulse the forces of the alien theory that challenge our political institutions and economic system sys-tem within our own household." Robert L. Lund, chairman of the board, said: "The New Dealers have been forced to desert some of their boldest experiments. This has came to pass because the American people have demanded a return to common sense and sound business. American industry has taken the leadership in this combat." PRIVATE bankers comprising the fleral reserve advisory council have banded to the federal reserve board a report giving warning that unless the board acts to control credit, the country "faces dangerous inflation" infla-tion" and "speculation such as preceded pre-ceded the market collapse of 1929." The hoard suppressed the report but it leaked out. Besides warning the reserve board against the dangers of credit Inllalion which lurk in the three billion dollars of idle bank reserves, the council (lis agreed bluntly with the donoiliing policy on bank reserves which lias Ihus far been adhered to by Clniir-nian Clniir-nian Marriner S la-.-ies and other fed ral reserve governors. ' .-v.--.v-.-." I ... j 1 v j merit. Delegations from tiie Autonomy Promotion Promo-tion society called on him and mobs shouted autonomy slogans outside out-side his oliice, and then the Japanese army officers took th matter in hand. Lieut. Col. Tan Takahashi. military attache at Peiping, and an officer e .1,., T .i Mit- rr. Roosevelt deliver a characteristic speech, full of confidence, assurance as-surance of prosperity and praise for what the-. New Deal lias accomplished. ac-complished. And lie did not neglect to attack at-tack warmly the critics crit-ics of his administration. adminis-tration. In reviewing the economic and so- W'i 5?"wv:-:: .1 i'C.-i r -:. i' ' '' ' ' ''''' i Ho Ying-Chin son (.nlp(, ()n (;lM1(,,.n Uo and ordered him to leave the city at once. Takahashi told the war minister: min-ister: "The Japanese army is con vinced your continued stay in Peiping can only complicate matters." Maj. Gen. Ilayao Tada, Japanese commander in north China, said: "War between China and Japan is certain If China breaks the agreement signed last July In which Nanking agreed not to send troops Into llopei province." At the same time Japanese war planes were Hying low over Peiping. CECRICTARY OF STATE HULL sent to London the usual polite reminder that the semi-annual war debt installment in-stallment from Great Britain was due on December 1,1. And, also as usual, the British government sent to Mr. Hull the reply that under the circuin stances it wouldn't pay a cent. Well we were not counting on getting this j money tor Christmas spending. ttis inauguration he President gave out what was Roovelt considered the keynote for his campaign cam-paign for re-election, and definitely announced an-nounced his candidacy unnecessarily by asserting that life in the United States has improved In the last two and a half years and will continue to improve "if I have anything to do with It." Mr. Roosevelt promised that lavish government spending was over and that the nation could look forwaru with assurance to a decreasing deficit, and asserted that the governmen. credit is higher than that of any other great nation. lie bitterly criticized the treasury policies prior to bis en trance Into the White House, traced the relief policies as opposed to dole and declared that the peak of appropriations appro-priations has passed. |