Show news review of current events LIONS TAIL TWISTED british soldiers are killed by japanese english ship Is sunk by an italian bombing plane x 41 I 1 k A 4 K S 0 A 4 n f r 0 X 4 friends of the duke of windsor when he was prince of wales evales and edward VIII mr and mrs harold sims will be hosts of the duke and his duchess during their forthcoming visit to washington bir sims is an of the british embassy AT W V summarizes TM THE R WORLDS WEEK 0 western newspaper union british are enraged i JAPAN APAN and italy have been vigorously twisting the tall tail ot of the british lion and it if they keep it up that mighty beast ma may be stirred to action within a few days five british soldiers were killed and a number wounded by japanese shells in the fighting at shanghai the english there charged the killings were deliberate in retaliation forthe for the aid the british gave a suicide battalion 1 ot of chinese in escaping from a warehouse in chapel the native quarter to the international settle t ment the british and japanese admirals had a hot dispute over the right of i the formento for former merto to prevent the passage of japanese launches up creek soon after the japanese began shelling the residential area of the settlement and an outpost where english soldiers were quartered was destroyed continuous shelling of shanghai by the invaders endangered the british and american lines on the border of the international In terria settlement and shells tell fell close to the american warship arsh lp augusta admiral Yar nells flagship japan is angry over the alleged help belp britain is giving china in the warfare and there is a movement in tokio to break diplomatic relations with london this is urged by the council on the current situation an unofficial body composed 11 ll high army officers political leaders and other influential persons the council adopted a resolution warning that unless britain reconsiders its improper attitude japan may be forced to take certain steps of grave determination against britain despite the deep friendship existing between the two countries for the last sixty years japanese troops invaded a part of the international settlement guardecq guarde cf by american marines and seized a chinese junk loaded with rice general beaumont commandant of marines immediately entered a protest and the japanese apologized but the marines did not consider the incident closed because the japs return the junk the british government was not expected to take any action that would further anger japan lest it should endanger the success of the parley in brussels but wise observers do not believe the nine power treaty conference will have any definite results morocco uprisings N rationalist uprisings in french morocco which have been giving the french government a lot of trouble are blamed on agents ot of a foreign totalitarian power meaning It italy alyThe the disorders mainly in casablanca fez and medina were quelled by troops mostly senegalese legionnaires and hundreds of lar rests were were made authorities said investigation showed many of the natives had been paid from 10 to 20 francs to take part in the demonstration the nationalists plotted d to set up an independent arab state with moulay abial el aasa as king moro piracy pi racy latest twist of the lions 1 till lail come came in the form of the boril bombing bing and sinking of the british steamer jean weems in the mediterranean ter by bg a pirate airplane the london dally daily heralds barce lona iona correspondent reported thai tha the spanish loyalist government as earled that the plane bore markings showing that it was piloted by bruno mussolini son of the italian premier the pilot gave the freighters crew only five minutes to take to lifeboats and then sank the weems with bombs I 1 the british battle cruiser hood was sent at full speed from palma majorca to barcelona to investigate the attack in parliament the critics of the government led by david lloyd george demanded a stronger british mediterranean policy loucy lloyd george clayed flayed the government for bolstering up the international committee eon on nonintervention in spain whose history after 14 months he denounced as discreditable and dishonorable budget conference Confer enco WHILE HILE members of congress were beginning to move toward washington Washing tow tor for the extraordinary sessions ses session sioni president roosevelt in his hyde park home was busy planning means of carrying on the government program r especially was he interested in the V budget and related 11 financial matters and to advise on this he called in marriner S eccles head of the federal reserve reserve ba M S eccles system treasury director bell already were there andall and all listened closely to mr air eccles talk concerning current busl business conditions and the stock market situation an immediate problem before the president and his budget advisers was financing a proposed loan on corn to help farmers hold their corn past the present period of low prices and agriculture secretary wallace have been studying possible means of inane ing that government aid program without increasing the treasury deficit beyond the last estimate of it was decided by the president that the commodity credit corporation should provide for the corn loans the money from the and repaying the latter agency when congress makes the necessary appropriations secretary wallace sold said the corn loans would be about 48 40 cents a bushel wallace walace plan pan attacked WALLACES ever s SECRETARY normal granary plan Is cally inexpedient economically unsound unbound and fundamentally unworkable according to the cash grain association of chicago wi ici submitted a brief to a senate subcommittee at a hearing in springfield III the application of artificial means mea ns to solve this national problem cannot but prove disastrous to the producer consumer and to all lines of commerce and industry the brief sald said miss roche buus treasury ISS JOSEPHINE ROCHE farst farsi M MISS woman to be an assistant secretary of the treasury has resigned that post p ost and returns to the president of the rocky mountain fuel acl coni company pany of denver the position will be eft Unfilled for or the administration hopes chewill she will resume it later she was appointed by president ident roosevelt three years year sago ago i plans for windsors Wind sors visit PLANS tor for the american k visit of the duke and duchess of windsor are about completed by george link jr of ne new york attorney for charles E bedaux while the distinguished couple are in washington they will be the guests of mr and mrs harold sims friends of the duke when he was prince of wales mr sims is an of the british britis h em cm bassy an organizer of duke the american tour of wi windsor said ld the former british monarch non arch is co considering formation of a new international philanthropic foundation to study and improve working arid and living conditions in industrial areas of the world mr link said he understood that a number of leading industrialists who may contribute funds for the foundation have discussed the project with the duke and Bedaux link stressed that while the object would be to improve relations between employees and employers as well as working conditions the foundation would not consider questions of wages and hurs hours nor will the duke interest himself in wage and hour questions on his tour link said speaking at a dinner of the anglo american press association in paris the duke said h he e wanted to make it clear that in any journey i I 1 have undertaken or may plan in the future I 1 do so as a completely independent observer without political considerations of any sort or kind and entirely on my own initiative tia tive 11 he added that 1 I am a very hap married man but my wife and I 1 are neither content nor willing to lead a purely inactive life of leisure we hope and feel that in due course the experience we gain from our travels will enable us it if given fair treatment to make some contributions eions as private individuals to solving some of the vital problems that beset the world today krum elbow moved ped PRESIDENT RESIDENT ROOSEVELT want ed the name krum elbow 0 officially afi switched from the west b bank ank of the hudson river to the east bank and made the label for his mothers estate at hyde park N Y how ard spencer whose place on the west bank has been known as krum elbow for generations objected but it is learned that secretary ickes interior department has acceded to mr Roosevel ts demand the committee on geographical names has instructed government map makers to move the name across the river the roosevelt estate has long been known in new york history as crooks paradise labor parley deadlocked of the american federation L LEADERS of labor and the C 1 I 0 get anywhere in their peace conference in washington cothey so they adjourned tempora rily and some of them said the parley might not be resumed george M harrison head of the federation delegation said that unless the C 1 I 0 attitude changed there was no prospect ot of peace both made offers but philip P almurray these were scornfully rejected by the opponents the A F ol of L proposed that the fate of the C 1 0 affiliates organized 1 since the split be decided at 1 an immediate conference between representatives of organizations chartered by the A F of L and organizations chartered by the C I 1 0 and which may be in conflict with each other tor for the purpose of bringing about an adjustment to bring the membership into the A L F of L on terms and conditions mutually agreeable this clause of the federation proposal brought a denunciation from philip murray chairman of the ten man man C 1 I 0 peace cace committee who asserted that it asked desertion and betrayal of these unions the C 1 I 0 proposal was that its unions should return to the federation and that a new autonomous department part ment should be created to be known as the C 1 I 0 to have complete and sole jurisdiction over its policies and operations this plan represented no concessions help for stock market E I 1 VER since the slump in the stock market began the government has been urged to do something about it ft finally the administration yielded to the demand sand the federal reserve board of governors reduced margin requirements on stock purchases from 55 to 40 per cent and imposed a 50 per cent margin on sales the new requirements went into effect november I 1 and are not retroactive no official explanation was is given for the boards action betit but it wai was understood der stood that it was designed to adjust the margin requirements to curr cur rent stock market conditions imposition j on of the increased margin requirements on short sales was an Inno innovation vailon from the boards standpoint a stock exchange rule requiring only 10 point protection ot on short sales 1 |