Show NEWS REVIEW OF OE CURRENT EVENTS Smith Selects Select J. J J. J Raskob Big Business Man as aa National Chairman Dy By EDWARD W. W PICKARD JOHN JOAN J. J HASKOn head of the J finance committee of ot the General Y Motors corporation and ond a n resident of Delaware was elected chairman of the Democratic national committee at atthe atthe atthe the behest of or Gov GOT Al AI Smith He lIe Is an active Catholic and has given much mone money to the church and ond to the tile anti anti- prohibition cause couse but the Presidential candidate made mode It plain that he select selected selected ed Id him to conduct the campaign not for tor these theBe reasons but because he Is a abIg abig abig big business man In accepting the chairmanship Mr Raskob n kob declared there should be no mud slinging mud slinging and no pussy footing In Inthe Inthe Inthe the campaign on the part lort of the Democrats Dem Vem and he ho was surprisingly outspoken outspoken out out- spoken n as to to the wet net and dry Issue Governor Smith he said Bald as President Pres ident of 01 these theBe United States with all the resources then at his command will be able ohle to give the people of ot the United States a picture of the real rol social conditions under the present so so- called prohibition laws If It as nIl a result of ot careful study he can cnn evolve 1 a n plan for lor the regulation and control of fit II tl- question In a away away way woy that will t r prevent the return of the eliminate boot boot- legging with Its Ita accompanying evils evils evils- graft iratI corruption and murder murder and and re rc- store temperate life lite In 10 our country then all minded fair men must admit hla his right If not his Lila duty as resident President to promulgate such luch plan pIon and to advocate advocate cate cats such luch changes In our laws law and Constitution as may bo be necessary for lor Its It adoption This Is ts leadership not leadership not pussyfooting pussy slinging Mud always makes more enemies than thon friends I should like to pledge every ery speaker taker and worker for lor our cause to policies In our business life Ufe today we succeed suc sue Geed ced by constructive by work and anal by having hav ing lug better goods to sell lell than our com corn There Is every e reason why the tho Democratic party should follow tollow this constructive business policy In InthIs Inthis inthis this campaign This Is our Job Let others othera sling the mud Cut Col Herbert I I 1 Lehman New York Banker succeeded Jesse Jones as I chairman of the finance committee of or the national committee James W. W Gerard Hernrd and Charles A. A Greathouse were re re elected treasurer and secretory secre secretary tory tary respectively Raskob was authorized author zed to appoint an advisory ad campaign committee and selected as ns chairman of ot that hotly body Senator Peter Gerry of ot Rhode Island who had hod rather expect expected ed Id to tn be he e hum made a chairman of ot the national nation al at committee The five ft national vice chairmen chosen were wre Frank Hague Hugue of New Nt Jersey Go io Marry Harry of ot Virginia former Congressman Scott Ferris of ot Oklahoma former Gov Mrs Irs Nellie Ross of Wyoming and M Mrs Florence 0 n. Farley of Kansas It was mas as decided that main headquarters should hould be lie In New ew York city but that Governor should have ha special headquarters In Richmond since the campaign In Virginia Is expected to be Quite Important THOUGH AI Al Smith In conference with his hi running mate Senator declared that If tt he hetre were tre ere elected the first thing he would do would be to start on ou plans for relief of the farmers farmer the Labor Farmer-Labor party party par par- lort lor- lor t ty In national notional convention In Chicago was not won over o to his hla support instead In In- dead stead It selected as Its candidate for tor forthe forthe the St Senator George W W. Norris Nor- Nor rl ris of or Nebraska The choice was made on the third ballot which was 10 16 for tor NorrIs and 14 JI for Norman Thomas Thoma nominee of ot the Socialist Will fet Vereen n not of ot Moultrie Ga Ca wealthy cotton mill owner was nominated for forI I vice president pres pres- fB ident Roth NorrIs and eten said they would not accept the nomination The Prohibition party convention ilso held In Chicago nominated d William Wil Wil- liam F Varney mel of nock Center N S Y for tor President and James A. A Edgerton of ot Alexandria Va ra for tor sec sec- nd place An attempt to stampede stam It a he convention for tor Hoofer failed tailed but L 1 the Republican candidate received 45 41 votes on the deciding ballot bollot H l HOOVER nOO who already has sent to resident President Coolidge his resignation as secretary of ot commerce commerce com com- merce left Washington Saturday forthe for tor forthe the West On the theay way ay he be held conferences conferences confer confer- with party lenders leaders of several sections sec lions and ond he spent tot Sunday Sunda afternoon afternoon with Vice Ice President Dawes DoweR In Evanston Evanston Evans Evans- ton considering the difficulties that confront the Illinois ol l Republicans due I largely to the wet sentiment In Chicago Chi cago cogo and Cook count county Mr Hoovers Hoover's further r plans Included a two-days' two vim vim-it with resident President and Mrs Coolidge on the river In Wisconsin and continuation of his his trip to California with a brief stop In 10 Omaha The notification noti ceremony Is now scheduled for August 11 at Leland Stanford university uni and at that time Mr Hoover says sos he will outline his position on farm larm relief Senator Curtis Is to be bo notified d of ot Ills his nomination for tor the time vice presidency on the evening of August 10 to at his home borne In Topeka Iran Kan National Notional Chairman Work In tn reorganizing reorganizing the party machinery Is arranging arranging ar ranging to give more authority than ever before to the national committeemen committee committee- men and state organizations Senator Moses Most's of New Hampshire has been bern ap al- appointed appointed ap- ap pointed contact I man for the ticket In the northeastern seaboard states and as os Chairman Work explained will undertake the organization and direction lion tion of the sen service Ice of or plan and policy for the eastern campaign WHEN the dirigible Italia met with disaster In the polar region three of the time survivors or Dr Finn Malmgren meteorologist Capt Copt Alberto Mariano pilot and Capt Calt Filippo navigator navi navi- gator gotor started on foot toot In an effort to reach the time mainland Wednesday of last week 42 days later a Russian at aviator lutor later discovered the little party on the Ice floes nOell but w was aa unable to land Next day dllY the Russian Icebreaker Krassin reached the group and rescued res- res cued Marlane Mariane and but found that Malmgren had been dead about a month his body having been carried along by his frozen half and starving companions The Icebreaker a as loonos soon loon as os It had hod rescued the two Italians again turned Its prow toward the east and a few hours later Inter reached and rescued the time five men meo who had been teen left by Nubile near Foyn Island MONO the halt dozen victims of AMONG A airplane accidents during the time week wk was as Morris Inventor In of the earth Inductor com compass lUllS which Lindbergh used on his bis transatlantic llight and of other safety devices for tor airplanes He lie and Mrs Patricia Andrews An drews a pupil were killed when their plane crashed near Snyders Pa In a storm Dt Despite the various stories to 10 the effect thin that Captain Loewen Loewenstein landed landed land land- ed alive In some some IO way or another from fromm his plane and Is In hiding hilling the Itel lan lancourt court that I Investigated n ell the case cuge decided decided de dt that the famous financier financier finan finan- cier cler really fell tell Into the sea sen and ond Is 18 dead The Insurance companies refused re re- tug fused d to pay lay until proof of ot tI death lIth was given and the capitalists capitalist's family stationed stationed sta sta- boats bonts ulon along both rousts coasts of ot the Die English channel to 10 I- I p g time the body hody If It It was as washed t I London It Is believed rd disappearance dl U is either a fake take or suicide Countess daughter of lIt Count Zeppelin christened the worlds world's largest II airship 1 named utter after her father fa father ta fa- ther at al Germany mind and It was ns announced that the hn huge hupp t dirigible di Ill rl would make three trips to 10 the I United States tills this year ir O E E of lt the worst sea t-ea disasters of ot recent years occurred off the till coast of ot south Chile hue when the tilt Chilean army anny transport port struck a arock arock arock rock after losing her rudder In a storm and speedily sunk sank More than three hundred lives ls were lost the list of victims Including a number of ot political po po- dignitaries The Time other passengers passengers lassen gers were ere laborers and their families tamille on their way to the nitrate fields In northern Chile The crew numbered 15 Lifeboats oot were wre smashed by the heavy y seas as fast fust as a. they were launched and only n D few persons were washed ashore alive alUe The captain shot himself himself him him- self Belf on In his Ills bridge The schooner Itofa one of ot the entrants In a race across the tile Atlantic ran rao Into rough weather and lost her ber masts when nhen about SOO miles out The TheS S six fils members of the tile crew Including Capt Boos of ot Pelham Manor the owner and Mrs Boos Dooe were picked d dup up by the oil tanker Tuscarora and brought back to New York York An attempt attempt attempt at at- tempt to tow the schooner hooner I In failed and she was abandoned SECRETARY KELLOGGS KELLOGG'S proposed pact to outlaw war la is well on 00 Its wm wIlY way y to acceptance by bl all the powers power to to which It w was s submitted Germany ba has already sent lent a favorable reply and last week the French ministerial council authorized Foreign Minister Dr land to DOUr notify Mr Kellogg ot or Frances France's unconditional acceptance of ot the treat treaty In ID It Its present form torm since his revised suggestions showed a considerate considerate con con- sl erate Interpretation of Frances France's reservations In respect to her connection connection connection tion with the Locarno pact and the League Iague of Nations This action followed fol tol followed lowed a 0 parley In Geneva hy by Sir Cecil Hurst M. M leot and Kerr Herr Gauss representing respectively Great Britain Brit am ain aln France and Germon Germany Another conference In Geneva held under the auspices of 01 tile the League of ot Nations agreed upon the general abolishment of ot trade trado restrictions with witha a few tew exceptions An American delegation delegation dele dele- gation was present but there Is i no o Indication that the United States will consent to abolish Its tariff HOSTILITIES between Paraguay n and Bolivia are sold said to be imminent neat nent following tollo the breakdown o of negotiations for tor a peaceful settlement of the boundary dispute by a commission that has ho been sitting In 10 Buenos Aires for some flome time It was reported that a virtual vir vIr- state stale of war existed on en the frontier to which Bolivian lan troops had been sent Bent Failure of the negotiations was due to Bolivia's refusal to dismantle the forts torts In the disputed zone I of ot the Chinese NationalIsts National National- held an eight day conference In with l O provincial pro officials and proposals looking to the complete governmental and financial u unification of ot China were adopted These Include In clude elude detailed regulations seeking Improvement Im m provement pro of ot the country's financial administration elimination of ot graft gratt Increased authority for the finance ministry and other regulations looking looking look look- ing to the time development of ot Chinas China's resources resources re reo sources and trade 1 IN INVESTIGATION pa of ot Republican pa- pa la In Georgia conducted by a senate subcommittee revealed re that postmasters whether Republican or Democratic had been In the habit of contributing from their salaries to the Republican state party fund Some of ot the witnesses more than thon Intimated that they were nere virtually compelled to tomake tomake make the time contributions contribution while others salt said the time money was not demanded but hut they were told the gift gilt of 5 IS per cent eDt of ot the salary alory was Vas customary In Mississippi a n federal grand Jury Is Inquiring Into Republican methods of ot distributing federal patronage and about two hundred postmasters assembled as as- srm In to give ghe evidence e 1 81 SINO U speculation In stocks a In Wall all street Is causing the federal fed fed- eral reserve hoard board a l lot t of worry and some same method of ot checking It and averting avert ing a II great crash Is being sought sought- ht Last week n II step In tn that thUI direction was taken when wilen the Chicago and New NewYork York fork Federal Itt Reer er e banks bunks increased the rediscount rt rate from of 44 to 5 per percent cent It II was expected this example would be followed ed by hy the other reserve re reo serve e hanks The Chicago action resulted re- re Milted In a 0 wild lid break In prices on the New work York ork exchange declines ranging from trum 1 to 18 points mints wiping out millions of ot paper profits Charles hurles II I Mitchell t president of ot i t National City Ity hank bank of ot New ew York In a went recent warning said Balli that the heavy horrow borrowing lag of or the time hanks banks through redis- redis rediscounting counting and und their Ir of or the on n stock hock and bond collateral collatt which Is not at ot the reserve reserve re re- serve e banks hank are reducing the liquidity liquidity liquid liquid- ity of ot the hanks banks and creating a situation situation situa situa- tion whIch It If not actually dangerous reflects l a It trend that Is unfortunate In national convention In Manil Fla Ia elected Murray Hulbert Hul- Hul ful fulbert bert of ot New v York as grand exalted ruler for the ensuing year yur They voted voted vot ed to establish a trust fund for tor use In tn charitable educational educational edu edu- and benevolent enterprises It will be known as B the Elks' Elks national foundation Y t |