Show news review of ef current events LITTLE BUSINESS HEARD rye hundred formulate program while big bust bus i 1 noss ness gets another swat from president aa 1 5 4 A senator allen alien J ellender of louis louisiana h Is heredeen here een seen in act action lonas ai he b established a record fr for long ions talking in tb the senate at least in modern times alme engaged in the filibuster fill bucter the bill this sue lui baor cessor of cluey loog long spoke poke for or 27 hours boun and 45 minutes and he confined confine himself strictly to his views on tho measure alc A pie k aia y v summarizes THE WORLDS WEEK 0 west era newspaper union turn of business CALLED to washington from all parts of the country by secretary of commerce daniel C roper tome some representatives of little business undertook to formulate a recovery S program for submission to president 2 roosevelt mr roper and his assistant si stant ern ernest e at draper took part in the preliminary discussions cus and since the president could not receive all of them a small committee secretary er ary was named roper to take their pro to the white house according to reports from the capital the president desires legislation for federal financing of small industries to stimulate business this would require the creation of a agemy unless the power were granted to the reconstruction st finance corporation three chief complaints of the small business men are the undivided profits tax has prevented them from accumulating a rally rainy day surplus the capital gains and losses tax has frozen capital and prevented the encouragement of new enterprises monopolistic practices are presenting increasing hazards to their successful operations congress and the administration already are busy with steps to correct these alleged abuses big business scared again MEANWHILE big business and taft country generally was discussing with considerable apprehension the declaration by the president that industry must reduce prices and at the same time keep wages up an immediate result was the crash of prices on the stock exchanges the decline reaching as high as 7 points commodities declined in sympathy with stocks if industries reduce wages this winter and spring the president said at his press conference they will be deliberately encouraging the withholding of buying they will be fostering a downward spiral and they will make it necessary cestary ne tor for their government to consider other means of creating purchasing power many congressmen democrats as well as republicans took issue with mr Roosevel ts logic and economics pointing out that industries lack the resources to keep wages up on a falling market because their funds have beer been depleted by the undistributed profits tax in his statement the president said fald 1 I am opposed to wage reductions because the markets of american industry depend on the purchasing power olour of ow working population and it if we want to restore prosperity we must increase not decrease that purchasing power those in charge of a well managed and solvent industry should no in more ore consider casting the burden of a r t temporary e business recession upon their workers than upon their bondholders bond holders bocast to cast such burden on the bondholders bond holders Is financial bank to cast such burden on its workers it Is not only moral bankruptcy but the bankruptcy of sound business judgment 1 i lynch bill doomed fa ONE senators voted against a motion to invoke the cloture rule for the purpose 0 of choking on off the filibuster against the anti ant lynch llynch ing bill and the measure which the southerners were fighting so determinedly was thus doomed to failure fal lure majority leader alben W barkley of kentucky who had supported the bill and voted for cloture immediately med lately served notice that the benote had madi made it impossible for the bill to bo be passed and that it must be displaced promptly by other legislation miners for third term MINERS from three states at tending the convention of the united mine workers of america in washington presented eight resolutions urging that president Preside ht roosevelt be drafted for a third term in the white house echoing the description of mr roosevelt by john L lewis as the only president who has given the common people a square deal the third term resolutions were submitted by unions from royal pa avella pa new salem pa Union uniontown town ky W va everett videw eW va scottsdale W W va and lochgelly Loch geUy gelly W va in response to ta Ir numerable inumerable demands that the C 1 I 0 make pe peace ace with the A F of L lewis proposed that his organization march into the A F of L february 1 and that units bo be granted charters president green of the federation which was in convention in miami said this was just the same old proposition and would merely transfer the conflict into the midst of the federation the building trades department of the federation enlisted in a campaign to develop orla on a national basis a build america plan started by the cleveland building trades council A committee was named to operate cooperate co with real estate men manufacturers and distributors of building materials to promote definite housing projects resigns FREDERICK fes REDERICK resigned as senator from oregon in order to enter the private practice of law in washington and portland ore was keynoter of the last republican national convention and has been a steady opponent of the new deal jackson gets reeds place ROBERT rf OBERT H JACKSON assistant attorney general was nominated by the president to be solicitor general of the united states he succeeds stanley reed whose appointment to the supreme court was confirmed by the senate jackson has been much in the headlines lately because of his speeches attacking business and his avowed intention to seek the governorship of new york niagara bridge falls view bridge at NL A agara falls from which many thousands of honeymooners have looked at the cataract was crushed by a terrific ice jam in the river and a nd fell into the gorge in a great nass mass i of twisted steel the bridge had been closed to traffic a few hours earlier so there was no loss of life jap slaps saps american diplomat i JOHN OHN ALLISON third secretary of bof the american embassy in was slapped in the face by a japanese sentry when he be tried to enter a house occupied by japanese troops protests brought an apology from the jal japanese officer in command of the unit involved an official japanese announcement no co said allison adopted an insolent attitude and criticized the japanese army the japanese embassy in shanghai ordered all commercial firms there regardless of nationality to give the japanese censor copies of their code books guilty Is 1 oil verdict T U SAM won the long drawn out trial of oil concerns and their executives before feder federal I 1 judge stone in madison wis sixteen teen oil companies operating in 10 40 middle middie 5 west states and 30 individuals were found guilty ot of conspiring to violate the tha sherman antitrust anti trust I 1 a w prominent among the men con bawn evicted are henry M dawes of pure oil ra ass E a 0 of standard oil of andl 11 M dawes ana jacck france of mid continent petroleum 1 I A ennessy of globe oil and refining dan moran of continental oil and frank phillips of phillips petroleum formal motion tora fors new trial was wa filed but will not be ruled on tor for severa eral weeks the defendants were accused of entering into a secret agreement to purchase quantities of oil from independent oil producers at artificially high prices these prices we were rethen then quoted as the market price to jobbers who had bad signed contracts with the defendants to purchase the fuel at the spot or daily market price the defense denied having artificially influenced the market and pleaded pleaded unsuccessfully that the companies merely bought distress gasoline to save the independent re finers from failure and did so in accordance with a policy approved by president roosevelt and interior secretary harold L ickes presidents birthday PRESIDENT PRESIDENT ROOSEVELT was JL fifty six years old on sunday january 30 he and mrs roosevelt decided to have the birthday dinner the evening before and twenty guests were invited among them being members of the tha cuff link club wearing gold cuff links which mr mi roosevelt gave them to commemorate their experiences in vice presidential and presidential campaigns as well as in the days when he was assistant secretary of the navy after the dinner mr roosevelt made a brief radio address in connection with the birthday balls being given all over the nation to raise funds to combat infantile paralysis younger service chiefs chlebis R REAR EAR ADMIRAL WILSON BROWN former naval aide to the president and not yet fifty six years old has been named head of to succeed admiral D F r sellers mr roosevelt said the army and navy at his suggestion had adopted a policy of assigning younger officers as superintendents superintend enis of the military and naval academies brig gen jay L Bened benedict lct fifty six is slated to take command at west point in place of maj gen W D connor who retires february 28 i bridges record demanded H HAVING heard from many witnesses that harry bridges was responsible for maritime labor violence the senate commerce committee ordered secretary of labor perkins produce to all records in her department concerning the alien communist and west coast C 1 I 0 leader the resolution of senator adopted unanimously specifically directed madame perkins to report on rec commendation of inspectors of immigration and naturalization for the tha deportation of bridges king zog to marry EARLY E ARLY announcement was expected of the engagement ol of king zog young bachelor ruler of albania to the beautiful countess geraldine apponyi of hungary the countess who is twenty two years yeara old recently resigned her job as an office girl in the budapest national museum mus etim she is a daughter of the former gladys virginia stewart of new york who was married to in geneva on july 29 1914 to count julius nagy apponyi member of the old hungarian families of ap conyl and karolyi Karo lyl 4 australia celebrates WITH W ITH elaborate ceremonies s the commonwealth of australia began a three months celebration of its one hundred fiftieth birthday as a white settlement the tha first fetes werely were aln sydney where capt capic arthur phillip landed on january 26 28 1788 with soldiers and british convict settlers representing the united states in the water pageants were the cruisers memphis trenton and milwaukee 4 c fall kills congressman representative EDWARD A KENNEY of now new jersey was killed by a fall from a alya story window of a hotel in washington where ho he had attended a party given by the new jersey state chamber of commerce kenney who was first elected to congress in 1932 won prominence by his persistent advocacy of a national lottery K flying cadets cabets needed M MORE ORE aviation cadets cabets are urgently wanted by the war department part ment it announced that unfilled vacancies exist for toe the march flying cadet c lass class at the air corps training center randolph field texas only qualified candidates thus far have been authorized out of the class total of |