OCR Text |
Show News Review of Current Events the World Over Employers Rush to Support of President's Industrial Recovery Program Grain Exchanges Called to Time by Administrator Peek. By EDWARD W. PICKARD RESPONSE by employers to President Presi-dent Roosevelt's radio appeal for adherence to the blanket Industrial code was immediate and flatteringly ...... 555--; favorable. Telegrams LS-- and letters by the I" - thousands have been iN received at the White I" ISwaV- f House and Gen. Hugh TlCi s- . V Johnson'sofflce l S- pledging eager co-op-j V e r a 1 1 o n , promising N$n r 1 prompt action or ask-I ask-I VxV.s ! lng for further infor-I infor-I vVfe -vj mation. Though there may be many diss!- ife-,t5'iiS' dents, carpers and Pres. Roosevelt selfisn holdouts, it is apparent that the people are determined deter-mined to give the N. L R. A. program a fair trial. Industrial leaders in general gen-eral are willing to shorten work hours and increase wages. There is, however, how-ever, one section of the "jobs agreement" agree-ment" that arouses considerable distrust. dis-trust. This in effect provides that signers of the blanket code automatically automati-cally bind themselves to the so-called tinlon labor provisions of the recovery recov-ery act Open shop employers naturally nat-urally do not like this. The President in his radio address - declared that prompt action by employers em-ployers and co-operation by workers would spell success for the recovery plan, while failure would mean another an-other desperate winter. Signing of the universal agreement, he said, "will start the wheels turning now, and not six months from now," and he added that to await formation and approval of specific codes for separate sep-arate industries would not be fast enough. "We are not going through another winter like the last," he said, as a grim determination set into his voice, and he declared that if employers will act together now "we can put people back to work." "Unless there is united action," the President said, "a few selfish men in each competitive group will pay starvation wages and insist on long hours of work, which forces honorable honor-able men to follow suit or close up shop. We have seen the result of action ac-tion of that kind in the continuing descent Into the economic hell of the past four years." While pleading for voluntary action and promising the creation of "rolls of honor" of signers to be posted In their home towns. Mr. Roosevelt warned his hearers that the law gives him power to deal with those who try "to thwart this great common purpose pur-pose by seeking selfish advantage." GENERAL JOHNSON, working as energetically as he did when he administered the World war draft act, was pleased with the general approval of the uniform code designed to establish estab-lish a 35-honr week and a S14 minimum mini-mum wage for labor and a 40-hour week and $15 minimum wage for the "white collar" worker. As In the draft case, he said, numerous nu-merous questions come up in trying to apply a general rule to Industry. "We'll find undoubtedly that we've made mistakes," he said. "And whenever when-ever we find we've made a mistake we'll come out and say so and correct It We attempted to strike as near a median as we could without upsetting too many applecarts. But we will deal very promptly with specific cases of hardship." A very Important question, covering a large class of workers, was raised as to whether existing contracts are affected by the uniform code. Johnson said they were not. Contracts Con-tracts cannot be broken. Over the radio General Johnson told the country that no power can stop the recovery program and that five million workers would be re-employed before September 4 Labor day. TEN regional advisors to the public works administration have been ap- ) pointed by the President to serve as direct representatives of the administration adminis-tration and obtain from state hoards lists of projects for consideration. These men, their headquarters and the states In each region are: Region 1 Ralph L. Cooper of lid-fast, lid-fast, Maine; Iioston, Maine, Vermont, Massachusetts, Rhode Island and Connecticut Con-necticut Region 2 Edward J. Flynn of New York city; New York state. Region 3 Danld J. Tohln of Indianapolis; In-dianapolis; Chicago, Illinois. Indiana, Michigan, Ohio and Wisconsin. Region 4 Frank Murphy of Whent-on, Whent-on, Minn. ; Omaha, North Dakota, South Dakota, Nebraska, Minnesota, Iowa and Wyoming. Region 5 Dana Marshall of Portland, Port-land, Ore.; Portland, Montana, Idaho, Washington and Oregon. Region C Insliis S. Wanlell of San Francisco; S'an Francisco, California, Nevada, Utah and Ariznia. Region 7 Clifford Jones of Spur, Te'jis; Fori. Worth, Texas, Louisiana, arid .New Mexico. Region H Vincent M. Miles of Fort Smith. Ari:.; Kansas 'lly. Colorado, Kiifji ;r;, Oklahoma, Mi: '.oiirl, and A r-kai.'i.-. Toi-lon u - Monroe .folm-on of Marion, Ma-rion, S. C; Atlanta, Mc-.sis-dppl, Ala bama, Georgia, South Carolina and Florida. Region 10 George L. Ratcliffe. Baltimore; Bal-timore; Richmond. Tennessee. Kentucky, Ken-tucky, West Virginia, Maryland, Delaware, Dela-ware, Virginia and North Carolina. GOVERNORS of the states, who were holding their annual conference confer-ence in California, received from President Roosevelt an Invitation to assemble in Washington next winter "in the hope It will mark further solid accomplishments by all of us in the direction of national recovery." Progress Prog-ress is being made, the Chief Executive Execu-tive said, in his message to the governors, gov-ernors, in adjusting the balance between be-tween mutual state and federal undertakings un-dertakings to determine the joint responsibilities re-sponsibilities of many great tasks. There are. he added, many problems that extend beyond the power of single sin-gle states where federal co-operution is required. FOLLOWING the sudden collapse of grain prices ou the Chicago board of trade and all other grain exchanges, ex-changes, the men directing those concerns were sharp- rv ly called to time by ' x George N. Peek, farm t s s adjustment adminis- N V trator. They took . temporary action to i 1 halt the demoralizing i declines due mainly f, M to the operations of it I Edward A. Crawford, s vIT" . . a plunger and then -s 1 hastened to Washing- jZJLJ ton to confer with N Mr. Peek. That gen- pTek ' tleman told them flatly flat-ly that the government would take drastic action if the exchanges did not move at once to "put their house in order." "I do not entertain the view that the present grain trade has any divine right to handle the farmer's products," Mr. Peek asserted. "We are not going to superimpose something on the grain trades until after they have had an opportunity op-portunity to work out their problem themselves. "If this is not done promptly, how ever, I will make no promises. An attempt at-tempt will be made to meet that situation. situa-tion. Abuses exist in the grain trades. The trades, acting as the marketing medium of the farmers, should correct these abuses. If they do not succeed, then the government will act." The grain men then offered these four sweeping reforms In trading practices prac-tices : Establishment of daily price fluctuation fluctu-ation limits of 5 cents on wheat, rye and barley; 4 cents on corn, and 3 cents on oats. Restriction of the futures holdings of any one trader to a maximum volume, vol-ume, probably between two and five million bushels, to be determined later. Permanent elimination of trading In Indemnities. Uniform and perhaps higher mnrgin requirements for all exchanges, the minimum requirements to be determined deter-mined later. PRESIDENT ROOSEVELT and his close advisers were not In the least discomposed by the slump In prices on the stock exchanges that was simul-yr-grfK-" taneotis with the crash ' 5'5'1S ' iS 'n Prn'n prices. In- i: AJpi deed, they rather wel- " i. corned It because It , $ was the puncturing of l-lf? $$ what they considered p :)r ' ft an unwholesome and 4 J unwarranted boom, I -..!, and the administration "" I' '" Save no sign of In-,1 In-,1 tending to protect k e'i prices "! securities ns Sen. Steiwer " did tlK,se r -'r,lin-However. Senator Steiwer Stei-wer of Oregon. Republican member of the senate banking committee, believes be-lieves there may be legislation at the next session of congress to minimize the possibilities of such "abnormal shrinkage" of prices as occurred. He offers three propositions for consideration consider-ation by business leaders and econ ornlsts before their submission to congress. con-gress. They are : "Preparation of a simplified form of corporate returns to he used by all corporations reporting to the Treasury so that the reader could tell approximately approxi-mately the liquidating value of all classes of securities In any corporation corpora-tion at the time the return was made. "An adequate curb on short selling. "A prohibition of directors of any corporation Increasing, decreasing or suspending the payment of dividends without first securing from the stockholders stock-holders a Clday prior authorization," SF.CRF.TARY OK STATE HULL failed to persuade the lenders of the world economic conference In Lou-don Lou-don lliat a time should be set for determining de-termining whether or when the parley should reassemble; but before nil-Join-nuient was talten the plenary session ses-sion set uj) a perma nent committee of twelve do-dghod to keep f,, conference during the Indeterminate rece:s, James M. Cox. head of the monetary section, Is tin; American member of this commit lee. THIS Is the busy season of the year for aviators, and some of their accomplishments ac-complishments are notable. Wiley Post of Oklahoma, who once flew around the world with Gatty, successfully success-fully made the circuit alone, establishing establish-ing a new time record of 7 days, IS hours, 49 minutes. He Is the first to make the solo round trip and the first to fly around the globe twice. The Mollisons of England, Captain Charles and his wife, Amy Johnson, flew across the North Atlantic from Wales. They were headed for New York, but weariness and the exhaustion exhaus-tion of their fuel supply forced them down at Stratford. Conn. They la-ided in the dark in a marsh and were slightly injured, and their plane was wrecked. Gen. 'italo Ralbo and his men of the Italian squadron, after several days of festivity In New York, left for their homeland, going by way of New Brunswick Bruns-wick and Newfoundland. As they soared away over Jamaica bay the commander sent to President Roosevelt Roose-velt and Mayor Kelly of Chicago radio messages of gratitude for their reception recep-tion in the United States and at the World's fair. One of the army's big twin motor bombers, carrying Lieut. Carl A. Murray Mur-ray and six other men, lost a wing In midair at Oceanside, Calif., and fell in ruins. The seven men, unable to get free to use their parachutes, were killed. r T UEY LONG, the kingfish senator from Louisiana, has been much vexed of late concerning patronage and flood control matters, feeling that he was being ignored by the administration. adminis-tration. The other day he went to the White House In blustering mood, declaring he was going to have his rights. He had not been recognized in two appointments recently In Louisiana. Louisi-ana. That of controller of customs was given to a follower of Senator Harrison of Mississippi, and an avowed enemy of the Long organization ; Taul B. Habans was selected to direct the affairs of the Home Loan bank there. Well. Huey was affably received by President Roosevelt and Postmaster General Farley, and what the Chief Executive and the astute politician told the rampaging gentleman from the South must have been plenty. The Kingfish emerged from the conference a silent and seemingly squelched man. FOR some weeks there have been persistent rumors in Washington that Secretary of the Treasury Woodin would soon resign. These were contradicted con-tradicted by officials connected with the administration, but were heard airain when it was learned that the streptococcus sore throat from which Mr. Woodin had been suffering had not cleared up and had developed Into In-to "quinsy." He lias been on vacation, vaca-tion, and the President told him by telephone to take a good rest and return re-turn when he had regained his strength. If Mr. Woodin should step out. It Is believed his portfolio will he given to Frank C. Walker, treasurer of the Democratic national committee, who not long ago was made executive secretary sec-retary of the new "super-enbinet." Mr. Walker has long been the devoted friend of Mr Roosevelt and could have had about any Job he wished, hut heretofore here-tofore he has preferred to remain In the background. MISSOURIANS who are ardent admirers ad-mirers of (lie President have given giv-en him a handsome chestnut saddle horse, born and bred In Audrain county coun-ty and now named New Deal. The animal was presented to Mr. Roosevelt Roose-velt by Senator Clark and Representatives Represent-atives Cochran. Lozler and Cannon, acting for the donors. ONE of the old friends of Secretary of State Hull has been given the agreeable post of minister to Finland. He Is Edward Albright of Gallatin, Tenn., editor and publisher of the Sumner County News and a former president of the National Editorial association. as-sociation. ELLIOTT ROOSEVELT, son of the President, did marry Ruth Goo-gins Goo-gins of Fort Worth. Texas, In Burlington. Bur-lington. Iowa; and the couple sped down to the Lone Star stale by automobile. auto-mobile. Thence they went to Los Angeles. An-geles. HITLER'S secret Gorman police staged the biggest raid ever seen In that country. Everywhere except In P.avarla the baggage of all travelers travel-ers was opened and searched for subversive sub-versive literature. All automobiles were stopped, and trafllc was tied up In the cities. Arrests were? numerous, but those persons who were found Innocent In-nocent were given passes to proceed anil released. Another of the Nazi chancellor's drastic measures is a new law for the stcrlllzntlon of the until, designed to purify the German race. It Is to he applied to persons aHllcled with hereditary hered-itary diseases, hereditary deficiencies such ns Idiocy, insanity, epilepsy. St. Vitus dance, blindness, deafness, or al-chollsm, al-chollsm, and serious bodily deformities. deformi-ties. SPAIN was thoroughly worked up by the discovery of a great civilian plot to overthrow the existing government, govern-ment, the consplrers Including various groups from Carlists to Communists, The civilian uprising was to have been followed by a military dictatorship, according to the police, though t liu latter were slow In arreslliu; any army ntlioers. Hundreds of civilians were lulled, and seized document s Indicate that attempts ou th" lives of ineinbers of the republican government, bombings bomb-ings of nilnlsl l ies, sabotage of communication commu-nication lines and general strikes were on the prog-ram. |