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Show News Review of Current Events the World Over The United States Joins Great Britain and France in Recognizing the New Spanish Repuhlic Hoover Upsets Coolidge Precedent. By EDWARD W. PICKARD rr., tttjth the United - ,. ; VV states, Great I - Britain, France, and ; several smaller re- ; f"'i :T Pu,'"ts of tlH! KicM j according the new y- . government at Mil- 'jtX J lril1. headed by Nlce- t '"J" 1 to Alcala Zarnora, i , 'j formal recognition, k ' ' I Spain's republican ex- T'--A.i (stence has come , , . promptly Into being. President rwtll,,Mnn ot Zamora ,ie H,.ltlMt) republic by the British government served to clear the way for similar action by the United Slates. Secretary of Slate Henry L. Stim- Bon Instructed the American ambassador ambassa-dor to Spain to advise the republican government of the action taken by Washington. Recognition by the United States was said to have been hastened by the consideration, urged by President Zamora, Za-mora, that a general recognition of the new government by the great powers will tend to strengthen It at home and enable It to maintain order. Although Ambassador Irwin B. Lnughlln Is to continue at Madrid for the time being, his permanent retention reten-tion there will depend upon his acceptability ac-ceptability to the republican government. govern-ment. There have been reports that the ambassador, who Is a Pittsburgh steel millionaire, has publicly expressed ex-pressed a low opinion of the republicans republi-cans forming the new government. The provisional government announced an-nounced It would recognize all debts of the monarchy. This resulted In strengthening of stocks and securities securi-ties on the exchange. ' HIE federal farm board during the week announced Its decision to offer for sale on the European market as rapidly as possible the huge surplus sur-plus of wheat acquired under the wheat stabilization operations of 1930-31. 1930-31. It has been estimated the surplus of such wheat controlled by the board will be approximately 275,000,000 bushels by July 1, next. The board .Is of the opinion that such sales can be made without depressing de-pressing domestic wheat prices. The government purchases were made at an average price of about 02 cents a bushel, and the estimate has been made that the board might suffer a loss as high as 50 per cent In sales on this wheat If made In Europe at the present time. Advice to farmers to store their grain on the farm Is extended. It will cost about one-third of the regular carrying charges, If the wheat Is stored on the farm Itself. The attempted solution of the problem so far as the board has worked It out appears to be that the board Is going to try to unload Its surplus when and where it can, so far as It can without bringing bring-ing about too great a slump In the market. The farmer Is then to be asked to help carry the load of the coming crop and the boar a will offer him a tentative promise of aid, through cooperatives co-operatives suggesting an additional Incentive to the farmer to join a cooperative. co-operative. James S. Stone, chairman of the board, announced that the government govern-ment had sold 7,000,000 bushels of wheat abroad recently nt a figure above the world price decrease of superior su-perior product. THE mess age of rr-r-njss Secretary of State A&sSNjl Stlmson w a rain" i-1 S Americans to get out , of the Interior of bin- vSi v dit-infested Nicaragua " was sent to the Amer- lean legation nt Ma- V nagua nnd to the t American consul at Blueflelds. i jtjN 4 The message, draft- kafcSirt afaj ed by Secretary Stim- Secr(Stary son after he had stimson talked to President Hoover was as follows : "In view of outbreak of banditry in portions of Nicaragua hitherto free from such violence you will advise American citizens that this government govern-ment cannot undertake general protection pro-tection of Americans throughout that country "with American forces. To do so would lead to difficulties and commitments com-mitments which this government does not propose to undertake. Therefore, the department recommends to all Americans who do not feel secure under un-der the protection aiTorded them by the Nicaruguan government through the Nlearnguan National Guard to withdraw from the country, or at least to the coast towns whence they can be protected or evacuated in case of necessity. ne-cessity. Those who remain do so at their own risk and must not expect American forces to be sent inland to their aid." Six years ago Calvin Coolidge, then President, affirmed in an address In New York what he called the "distinct nnd binding obligation on the part of self-respecting governments to afford protection to the persons and property of their citizens, wherever they may De." This American doctrine Stlmson now amends. American protection, by the new policy, follows American citizens citi-zens ashore, but notto the Interior of rebel -Infested Nicaragua. U IGIII.Y Interesting at this time is the announcement that the Soviet government has decided to adopt a new wage system, known as the "Khozraschlot," which apparently changes the government's policy and amplifies the inauguration of piece work. It Is to go Into effect at once. The wages of workers, according to Soviet authorities, will not be based on the communistic theory of equal division, but on the capitalistic Idea of rewarding reward-ing Individual efforts In skill and ability. The word Khozraschiot literally means "economic accounting." It Is Interpreted In the decree to mean that each factory, plant, collective farm, mine, railroad and such henceforth must take the responsibility of fulfilling ful-filling contracts and adjudging wages without Interference from trade unions. un-ions. Although certain elements among the disciples of Lenin view the innovation innova-tion regretfully as a compromise with capitalism, the government hopes the system will speed ip production. Leaders Lead-ers affect to see the Khozraschiot as tending to eliminate waste and fix responsibility re-sponsibility for managers and workers. pt -"wr OIGH place In the fa I list of eneourag- r "' 'q Ing comments on the : . a business situation Is !6f 1 accorded that of Rog- j J er W. Sanson, the I trade prophet, who I f, I told President Hoover " that better times are s on the way. Business, s i ne sa'd. nas turned . l3 tne corner and now is ... definitely on the up- Roger W. , a grade. Babson In almogt every line of Industry there are some concerns con-cerns which, in March, showed an Increase In-crease In earnings over February. What Is more Important, they showed an Increase for this March over March of last year. Certain of the railroads also have turned the corner," he said. Mr. Babson has earned the right to be listened to when he ventures upon the thin Ice of economic prognostication. prognos-tication. Statistics being his daily diet, he asks the country to observe the statistics of car-loadings. These are steadily increasing. They have always al-ways been of barometrical significance. signifi-cance. When freight Is moving factories facto-ries are working and shipping, merchants mer-chants are buying and customers nre consuming. In every key Industry statistics sta-tistics show that one or two big firms have turned the corner, promising that smaller fry, too, are headed out of the red. If the American people turn their gaze from the "big board" In Wall Street to the bigger opportunities which await them in constructive directions di-rections of every sort, the upturn foreseen fore-seen by Mr. Babson will come all the anrtnOT nnrl nil fho enror RECOGNITION of """ ' 4y -M the Imperative fS,-. necessity of solving fc' V the problem of unemployment unem-ployment is seen in -""w " , 1 the complete reorgan- f'jFl fip3, lzation of the United ' V States employment N '-v j service, with 4S state .y-i4 j employment bureaus . and one in the Dis- ..H trict of Columbia and S&L&i seven special central divisions established n 2 to deal with the prob-lems prob-lems of various trades, announced by William N. Doak, secretary of labor. John R. Alpine of New York will head the new set-up, which has $SO0,-000 $SO0,-000 of appropriations available for its work. Francis L Jones is to continue as director general, with supervision also over the special mining and quarrying quar-rying trades division. The Veterans' placement service will be maintained, nation-wide in its scope, and the farm employment service will be expanded. "The United States employment service has decided." Secretary Doak's announcement said, "to open up at least one employment bureau in each of the states and the District of Columbia Co-lumbia to co-operate with state and local authorities. A co-ordinated service throughout the entire country will undertake in the broadest sense to take care of interstate labor placements in co-operation with employers and employees, giving employers a ready field from which to draw all needed labor necessary nec-essary to carry forward any kind of work." TUCH to the surprise of financial circles, stockholders of the United Unit-ed States Steel corporation adopted a proposed pension plan under which James A. Farrell, president, and for several years a leading figure In the steel Industry, would automatically retire on reaching the age of seventy, or in 1933. Mr. Farrell was a leader of those In favor of the new plan, pointing out that the old one had been unsatisfactory. unsatis-factory. There are others In the great United States Steel corporation who will retire re-tire If the plan Is adopted. It provides pro-vides Co for voluntary retirement, and 70 for compulsory. In this class soon would fall E. J. Buiiinjton. president of Illinois Steel; Joshua A. Hatfield, president of American Amer-ican Bridge; War! B. Perley, president presi-dent of Canadian Steel ; J. S. Keefe, president of American Steel & Wire, and E. W. Pargny, president of American Amer-ican Sheet & Tin Plate. All these are subsidiaries. The retirements would fall between 1933 and 193.". It was pointed out that Mr. Gary as chairman of the board of directors worked at his steel until he died ten years later than the proposed retirement retire-ment plan would require. It may be that some other plan will affect Mr. I-'arrell that he, too, may carry on but the pension plan says 70. prSs-- i t ITI1 more ease I - than he himself F ' expected Ramsay Mac- -.V- : Donald comes safely -? . s :. i through the tempest I ' ' of a serious parlia- I mentarj setback. X j Stanley Baldwin's mo- ? t , tion of censure, an ' ' open and heralder" ef- l A fort to drive the Mac- Donald government out of ollice, was de- Ramsay . , . ... ,. , . feated by a majority MacDonald r , ' , , , of 54 votes. Lloyd George, whose Liberal following holds the balance of power in the house of commons, turned the tide to Mac-Donald Mac-Donald when he denounced the Conservative Con-servative motion as unfair. Of 5S Liberal Lib-eral votes, MacDonald received 35, the Conservatives only 10, the remainder not voting or absent. Quite evidently. Great Britain is in no mood to fall victim to political spellbinding. It knows that none of the political leaders possesses a magic wand that can charm away the disastrous dis-astrous consequences of the war. The nation must climb a 'ong nnd weary trail, and It is prepared to do so. Doubtless the Indian situation, which has been one of the chief causes for the depression in the British textile tex-tile industry because of the Indian boycott on British goods, was an Important Im-portant consideration with the Liberals Lib-erals In supporting MacDonald. DELIEF that the revolution in Hon-duras Hon-duras is related with operations of the insurgents in-surgents under Au- Jis gustino Sandino In r " s v Nicaragua has gained ground among observ- L? ers of Central Amer- J lean politics. p It is pointed out :, that Gen. Gregorio J Ferrera, head of the Fausto revolutionary move- Davila ment in Honduras, is openly opposed to United States intervention inter-vention activities, sharing Sandino's views in this regard. Ferrera was in Mexico a year ago. He is of Indian blood and has a large following among the laborers on the large United States banaLa plantations planta-tions of the north coast of Honduras. Dr. Jesus Castro, Honduran charge d'affaires at Mexico City, who recently recent-ly returned from a visit to Tegucigalpa, Teguci-galpa, said President Mejia Collndres' refusal to admit Ferrera into his cabinet cab-inet was the probable cause of the revolution. He is confident it will fail, as the President has an influential influen-tial backing and a well-trained army. Dr. Vicente Mejia Colindres was named President of Honduras in the last election and was inaugurated on February 3, 1929. Municipal elections last December gave the Liberal party a majority. Julius G. Lay, United States minister minis-ter in Honduras, reported to the State department that, in his opinion,, the revolt would soon "fizzle out." He said no military or political figures of consequence appear to be connected with it. Fausto Davila Is the premier and foreign minister of Honduras, and is considered by South American diplomats diplo-mats at Washington as well able to deal with the situation. A STATEMENT setting out the at-titude at-titude of Newton D. Baker of Cleveland, former secretary of war, toward talk of his candidacy for the Democratic nomination for the Presidency Presi-dency is accepted by politicians as clearing the atmosphere. Issued by W. B. Congwer, an Ohio Democratic leader, after a conference with Mr. Baker, the statement indi cated that the ex-secretary will not do anything to obtain the njininatlon. but he will not refuse it should il come to him if the Democratic nation al convention is unable to agree on any of the active candidates. During the scramble for delegates to the convention Mr. Baker will not use his influence in behalf of any particular candidate. The statement also said : "The many-kind many-kind things said about Newton D. Baker as a possible Democratic candi date for the Presidency are certainly gratifying to Mr. Baker's friends ant! naturally to him. In my conversations with Mr. Baker he has shown verj great interest in the party's platform but no interest In possible candidates and I do not believe he has changei his former judgment on the subject This has always been that he had desire for further political preformed of any kind." ((cl. Western News ;.ier L'n;jc.l |