Show news review of current events the world over american dele delegation t aaion on way to london economic conference brookhart becomes agricultural ambassador to russia morgan inquiry proceeds by EDWARD W PICKARD IX dele delegates gates and nineteen experts S SIX are on their way to london to represent the united states in the international ter economic conference from which so BO much is expected in the way war of finding a path out of the world depression pres gIon secretary of foe state cordell lull hull heads beads the delegation and his associates as j announced b by y t the h e white house are james 31 cox cos vice chairman f former 0 r m e r governor and democratic c r a t I 1 c presidential candidate in 1920 rep J S D senator key pittman of nevada j democrat senator james couzens of michigan republican representative samuel D of tennessee democrat and ralph W morrison of texas retired banker chief of the experts are william C bullitt executive officer james P warburg financial adviser fred K X nielsen Nl elsen legal adviser and herbert feis chief technical a adviser alser under whom will acre several members of the brain trust of all the delegates the one consistent conservative Is congressman lie ile is chairman of the house committee on foreign relations and his influence Is expected to be potent in the deliberations of the delegation senator couzens the one republican member has frequently lined up with the more radical republicans public ans and democrats in congress the administration according to assistant secretary of state raymond molcy oley has considerably modified its expectations of what the conference will accomplish and now realizes that the prospects are definitely limited and do not include a lowering of tariffs or an immediate permanent stabilization of currencies secretary hull is said to be the only one of the administration leaders who sho still advances the urgent necessity of a dras tic international agreement to lower ioner tariffs and trade barriers mr holey included only tile the following among tile the solutions which probably would be obtained at the conference an agreement on monetary policy through action of central banks supplemented ted by nn an agreement among g governments to synchronize policies of internal public expenditure an agreement on progressive removal of restrictions on exchange the international wheat conference moed from geneva to london and there the representatives of the united states argentina australia and canada continued their discussions if they agree upon any plan for curtailing wheat acreage it will be submitted to the economic conference for approval GREAT gand REAT BRITAIN france italy and the other nations that owe war debts to the united states failed in their effort to have the debts included in the a agenda enda for the economic conference bui but their delegates enter the conference with the cancellation or drastic reduction of the debts their chief aim the roosevelt administration insists that the war debts however important thes may be were not a malor major cause of the depression and are not a major remedy consequently the parleys in london tire are almost certain to develop into a great battle of diplomacy president roosevelt has flatly denied that lie he intends to negotiate new settlements of the war debts without recourse to congress this was made necessary by dispatches from washington published in london saying mr roosevelt had offered to accept from britain as part payment of tile the due june 15 it seemed fairly certain that the british government would mate make this payment in full this will he be easier than before because of tile I 1 he devalda tion of the dollar britain can either cither pay in paper dollars which cost about 2 per cent less to buy than gold dollars or in american securities which can be bought with paper dollars at a discount and turned in at par NS of the gold standard C CHAMPIONS in both the alio house and the senate had little chance as the administration forces pushed through the fletcher resolution for tile the abrogation abro gation of the gold clause in all governmental and private contracts both present and future the meas ure asked by the president to legalize action already taken was first passed by the house by a vote of to 57 twenty eight republicans and all fhe cue of the farmer labovites laborites joined with the democrats lu in favor of the resolution representative luce of massachusetts who led the small minority denounced the measure as a breach of faith on the part of the government but chairman of the alio banking committee said it was essential for the recovery of national prosperity investigation of the banking house of J P morgan co was resumed by tile the senate banking corn com and a new list of important persons who had received bar bargains ains in stocks was produced ferdinand pecora the committees counsel was persistent in ID his bis probing but was compelled to tell the senators in executive session what evidence lie he proposed to introduce and what he expected to prove by it and to convince them of the propriety of his purpose senator glass was still determined that pecora should not bring out matter outside the committees jurisdiction or irrelevant to the inquiry sir glass said he had received a number of anonymous threats by mail and what he termed blackguard telegrams because of his big stand though william IT II Wo name was on one of tile the giorgan lists of preferred customers before he became secretary of the treasury and hence demands for his rest resignation nation were made by various men in pub public lie life mr woodin declared he had bad not resigned ills his statement left no doubt that he would be willing to quit his office it if ills his presence there in any way hindered the return of prosperity but it also was interpreted to mean that mr roosevelt wished him to hold bold on at least for the present more serious perhaps Is the case of norman 11 davis the very active ambassador at large in europe who also was on a morgan list representative george IT II Tink tinkham liam of massachusetts has demanded a congressional investigation of the financial dealings mr davis may have had with international banking and business interests asserting that mr davis has spoken at geneva in repudiation of the traditional dit ional american foreign policy mr tinkham said that a congressional committee should also investigate mr air davis connection with disloyal and seditious american organizations and foundations in the united states WILDMAN S SMITH former senator from iowa has a new job secretary of agriculture wallace has appointed him agricultural ambassador to I 1 soviet russia and has instructed him to explore tile the opportunities for disposing of american surpluses ow of cotton and live stock in that country in effect this me meins means ins the opening of trade negotiations with a government that Is not ot recognized by S W brook washington but hart har Crook brookhart hart says his nork ork has no connection with the question of diplomatic relations though he hopes recognition will vill result from ills his efforts to effect a thriving trade between the two countries the lowan iowan has been given the title of special adviser to the agricultural administration and servos serves under administrator minis george N peek ive done a lot of work already he said 1 I have gone into the matter with people here including the soviet representative roris lies hes a pretty fine follow fellow and ve Is e had several talks with inith him mr air sly Is not a trade representative senta tive of the soviet nor has he connection with the astorg corporation organized by the soviets to tran transact act business in america 1 mr 1 r said that lie Is a representative of the soviet foreign office has refused to accept G GERMANY an unfavorable report of the league of nations on her treatment of the jews and virtually told the league that the affair Is none of its business the league council however referred juridical aspects of the issue to a committee of jurists with the understanding that the matter will nill have a complete airing president roosevelt the wr WHEN other obber day selected arthur R E morgan president of antioch college at yellow springs ohio as director of the vast tennessee valley conservation project there were many derogatory remarks about the appointing of just another p professor for a big job but the s skeptical k cp ones did not know about morgan since 1902 when nhen lie was just out of high school he has boon been A arthur arthu E active in engineering noisa morg n work and has planned and supervised construction of 0 about seventy five water control projects these include tile the important reclamation work ork in st francis valley in ar kansas and the miami conservation project at dayton ohio lie he was chief engineer in the pueblo colo conservancy ser vancy district lie drafted the revised drainage codes for minnesota arkansas ohio mississippi colorado and new mexico all and has been consulting engineer on drainage and flood control projects all over the nation lie he Is entirely familiar with conditions in the tennessee valley R ID to the matter of the gold standard Blan dard dispatches from vienna tell of how in the seventieth c congress gress of the international chamber of commerce the tha united states was b bitterly lt terly denounced by charles boisse rain of nolland holland for what he called its immoral monetary course Us he condemned the behavior of those nations which abandon the gold standard although unquestionably in a position to maintain it it lie he condemned also what he described as the repudiation of the gold clause in contracts by the united states in the transportation section ira campbell of new york defended united states shipping against what he termed an international attempt t to 0 rule it off the seas Amer american lenn merchant marine cannot exist without subsidy be said and an international agreement to abolish subsidies would moan mean the abolition of american ships W L I 1 runciman of great britain objected to his argument th that at the american marine Is needed for national a defense asserting such argument Is out of place in a commercial congress war debts also came up for discussion IV 11 II coates british delegate asserting that they must be settled before it would be possible to improve world econom economic lic conditions M ATI LITAnY representatives of ja I 1 pan and china signed a formal armistice ar in the warfare in north china chana at where the negotiations took place under the guns of japanese naval craft the truce provides for demilitarization of the area bounded by the great wall on the north the helping mukden railway on the east and the helping sulyman railway on the west for dissolution of the chinese volunteer gen feng corps in this area and yu v yu hsiang r for resumption of rail traffic between helping and wan just before the signing of the truce the banner ot of revolt against the chinese nationalist government was raised by gen feng yu hsiang usually alluded to as the christian general era feng fang denounced gen chiang kal kai shek the dictator as a traitor and announced himself as commander in calef of the peoples anti japanese army ne ile had been recruiting a large force at kalgard kalgan and it was believed lie was acting in close operation cooperation co with tile the army of canton which was reported to be moving to the northward in it was thought that fens feng must have been receiving large supplies of arms and ammunition from the russians of mongolia by the old caravan route from the national government issued a declaration that the truce Is entirely local and of a temporary nature it Is not incompatible with the declared policy of continuing a sustained resistance and efforts for the recovery of lost territories the statement sm said I 1 d it is absolutely impossible for the national government to agree to an ignominious surrender since the manchurian issue Is entirely outside the sphere of the local military truce with Pel helping ping L T ANSING state penitentiary near leavenworth kalwas kan was the scene of a sensational escape of 11 convicts who were led by wilbur underhill a lifer and one of the most desperate outlaws of the southwest during a baseball game warden prattler prather and two guards were seized used as shields and forced to accompany the fleeing convicts over the wall other guards were disarmed and the men got away in the car of the prison farm superintendent keeping their prisoners with them as hostages until hours later when they were released in Okla oklahoma boma in their flight they commandeered two other cars and captured three women who were set free near pleasanton kans S SIX IX bandits held up the state exchange bank of culver ind and led fled in an automobile with but the men of the town had been trained as vigilantes and receiving word of the crime they immediately under command of captain of the culver military tary academy and went into action result all six bandits were captured one of them beins being fatally wounded and the loot was recoN recovered ered NE hundred thousand spectators 0 ONE saw louis ieler of california win the BOO mlle automobile race at the indianapolis speedway in record breaking time they also saw a series of fatal accidents that sadly marred the great spectacle three men vwe ere killed and three others were badly injured 4 mark billman biliman of in diana polls was crushed to death when he lost control of ills his car and it crashed into the retaining wall and elmer lombard its his mechanic me hanic was ivas hurt later the car driven by malcomb pox fos of new jersey lost a wheel and skidded into the middle of the track where it was smashed by the ear of lester spangler of los angeles spangler and G L jordan ills his mechanic lost their lives and lert bert cook foxa mechanic was injured in a test run the day before tho the lilg big race william denver and robert kobert hurst lost their lives bleyer completed the run in 4 hours and IS minutes ills his average speed being in miles an hour lie ile won i first prize money and 1150 in lap prizes 0 1933 western newspaper union |