Show economic that affect abe lh diner palls DIvid dividend nd chake und mw finx of at iery every d arob irm ilin giar ble from froin local WeIr welfare tiro opposition to the administration which lina haa lioen been scattered weak and during dm ing the past two years i ins Is gaining joth both lit in volume alume and in III strength organizations organization carry luff prominent names on oil their letter linly tire anro springing up with tho the purpose of com batting tile alleged i growth of bureaucracy newest ind and most important of t these organizations la Is the american liberty league it has two announced purposes to disseminate information that will teach tho tit necessity of respect for the rights of persons and property prop eity as a fundamental principle of constitutional W eminent and to teach ilia duty of government to ene encourage durago and protect individual and group ini fill and enterprise antei prise anyone who call an read lead betwee ll tile the lillas will reallie realize that it la Is tile tho opinion of tile tho leagues backers that present g government y eranier f activities are inimical to hiese principles 4 what tile learno league moro i than important Is tile fait fact that its principal sponsors apon sors are both ex democratic presidential alfrea G B bilth and john vf IV davis president of tho the league Is jouett it n super organizer and publicist anda and a roan man who knows every lit in and out in III politics sir mr davis is a one of at the nations most distinguished con conserva allies ettive 1 aiji a man man of higher ability and integrity according to mi air shouse roem mcm barship applications are flowing lit into the league offices find and there 1 w will ali lie be no iio lack or of funds with winch which to work president roosevelt naked 1 about why it ly gave an opt opinion ii on oil tile tho league in ill which lie said bald that lie app approved Toyed of its ita two purposes but that li au bell believed eyed govern has other responsibilities as well the league an and dother other organizations with similar plans wont get into action ta t I 1 atelyo oye V W becq N iT OttaR bapa tt until I 1 ix CY caf it lit tho battle beginski thero will be no quarter given on either side every major governmental principal ii 19 lit at asne and its going to bo a gront grant fight reports from tile business front of late havo have not been ink in ln k i asmuth its as industry at large has neither risen nor fallen but has held languidly to the samorl bama leyel eyel for many weeks however Howe the outlook for fall and winter Is according lo 10 some experts improving hope of a seasonal upturn after La labor borDay day has offered some encouragement to the stock markot market in spite of the fact that no evidence pointe pointing n g t to 10 a n major expansion in industrial operations lias has been forthcoming inside administration circles clr clea great faith Is felt in the now new federal hoil sing administration as it a business reviver the law authorizing this body was passed last con gross at the request of the president and a short abort time ago tile the ran chinery for putting its into action was completed it works this way ray banks and savings and loan oan associations apply to tho the housing administration for a i contract which insures their building loans loana up to jj 20 per cent then the bank can call lend from to 2000 to local property owners without collateral amount of the loan is limited to one fifth of tile the borro borrowers weeo income and the money can bo be replayed on a three year installment basis maximum interest rate la Is 5 per cent it the lie borrower defaults tile government will lepai repay the bank 20 cents centa on oil each cach dollar lost early reports indicate that appall for loans are flowing into banks all over oer the country at an amazing rater rate some banks hayo have I 1 been forced to estil blish departments for hat handling idlIng them it is forecast that 1 P may 1 bo be for property modernization under this selic scheme nio that economic highlights continued from rate race one about standard statistics believes the alie rise will amount to government experts unofficially say pay that the increase will bo be around thus thoro there is considerable difference of opinion as asto to low how much more tho the farmer will have to spend when 1934 closes but every agency Is certain his pockets will be better lined than before and principal credit for tills this improvement in the financial condition of the great majority of farmers goes to old mother Na natures turea system of adjusting supply and demand |