Show news review of current events the world over C acress C e s s quickly acts on president Roosevel ts request ir for 0 r new legislation Reo reopening penin of banks spurs upturn in business activities P PRESIDENT RESIDENT request to congress that he be given authority to make cuts in the salaries of go eminent employees up to 15 per cent and to make re duct lons in tile the amounts paid to veterans that authority to include practically an entire revamping of the government policy as it applies e to government expenditures tures as it applies to veterans of the world war and other wars met with P aident rint sa s1 a quiet response on ro roosevelt sevelt the g part p of the house of representatives and the senate the bill passed the senate by a vote fl of 02 to 13 forty three democrats and nineteen republicans voted for the measure four democrats and nine republicans against it IL the vote in the house was aco for the measure and against it that result was not achieved without difficulty and the difficulty came in the ranks of the presidents party and its passage would not have been possible without the aid of republican members of the house in a party caucus 02 democratic members bolted the presidents leadership and voted against the measure their opposition being to that portion of the bill giving the president dictatorial powers in the matter of expenditures for veterans at the final roll call democrats and GO republicans voted for the bill and 82 02 democrats 41 republicans and five farmer labovites laborites against it several members who were opposed to the bill but who did not wish to be recorded as against an economy measure decided not to vote tote an analysis of the vote shows that 63 68 per cent of the democrats voting and 02 per cent of the republicans stood by it but leaders said that the democratic percentage for the measure would have been much lower had not a parliamentary maneuver been invoked to prevent rebellious mem berski ber sri the party caucus from going th through with their plans still another factor was credited with part of the favorable vote and that was th the word passed around the house cloakrooms that president roosevelt planned to denounce the opposition in a nationwide nation wide radio broadcast it if the bill had tailed failed of approval it Is believed the president will make a saving of approximately in the expenditures for or veteran relief by cutting out all men whose disability on which claims for relief are based was not the result of war service the reduction in the salaries of government employees Is expected to save approximately another in the senate an effort was made to delay the passage of the act by proposing amendments and the senate chamber re sounded to the oratory of friends of the veteran and of federal employees battling against certain and overwhelming odds to win some amendment to the bill TILE the president has received WRe republican publican aid in securing desired legislation for his banking econ omy and beer program he be will probably not be able to depend upon open it to the same extent at least for his farm program that contemplates alv ing the president dictatorial tat orial prim powers lers to in swo so manipulating the price of farm products to bring them up to what Is termed a parity price the contemplated law would authorize the president secretary wallace acting through the secretary of agriculture to tolls fix it parity price nf each farm product that Is a price it il which the producer of the product emild be placed on a parity with the producer of articles pir FIT example the secretary of agriculture might declare sl SI it bushel to be the price of wheat the object then would be to matil manipo liu late the price of wheat heat upward until the desired parity price should be reached in order to raise tee prices of farm products the secretary of agriculture under tinder the terms of the bill would in ame s various devices ile he might em C athe the domestic allotment plan to 4 zt lence ence the prices of one group of commodities and the government land leasing plan in the case of another group secretary wallace insists that it would not be a price fixing law for the like reason that no price would he be fixed by flat instead a price would be declared to aim at and the measures adopted would be those judged most likely to raise the price to the point desired the products covered in the coni templates tem plated law are arc wheat corn cotton cattle sheep hogs bogs milk dairy prod acts tobacco and rice i along with this the president proposes the scaling down of farm mortgages and a reduction in the interest rates through agricultural credit agencies all of which are to be consolidated under the direction of rienzy jr B BANKS ANKS began opening for business on march 13 on that date only banks connected wilta the federal reserve system and located in federal reserve bank cities opened their doors under licenses from tile the treas ury ory department banks in all clearing house cities that had applied for and been issued licenses either by the federal treasury or in tile the case of state banks by state banking departments began opening on tuesday and those in tile the smaller cities and towns on wednesday there were no restrictions placed on the banks in the way of limiting withdrawals dra wals except where the depositor was attempting to secure sums that would indicate hoarding boarding when the person making the withdrawal was required to state his purpose and give his name and address the banks were also required not to pay out gold or gold certificates the embargo the president had placed on gold being continued and vast amounts of the metal were being returned to the banks up to march 13 it was estimated the federal reserve bank in new york had received more than of hoarded gold and in chicago more than had been returned the returns throughout the nation indicated a larger amount of gold brought back to the banks than the total withdrawal of the metal since february 1 though the government did not give out any definite statement on the subject it was after the president had repeated and emphasized the embargo he had placed on gold payments that governor blood of utah signed a bill passed by the legislature requiring the treasurer of the state of utah and of each taxing subdivision within the state to pay all public employees under their jurisdiction to in gold coin where will utah get tle gold the president in a published statement and also in a national broadcast detailed in simple language the reasons for the national bank holiday and the plans for opening tie ile was careful to emphasize the point that the time of opening any bank was not determined by its relative condition but by the ability of the officials of the federal reserve banks and of the treasury department to make the proper check for the issuing of licenses ile he explained that banks that were not sound would not be permitted to open except under government supervision for the purpose of reorganizing them the reopened banks were supplied with a liberal allowance of the new currency based on bank assets but in practically no case was any of this needed as the deposits exceeded the withdrawals and in many cases the new currency atis was returned to the federal reserve banks P PRESIDENT RESIDENT ROOSEVELT t took 0 0 k time out from the urging of new legislation to give some consideration to the filling of important diplomatic posts lie he has sent to the senate the names of robert worth bingham publisher of louisville ky as ambassador bas to G great r e a t i S BrIt britain aln jesse isador straus president of R 11 macy alacy co new york department store as ambassador to france and josephus al daniels war secretary jesse asse straus of the navy under whom mr roosevelt served as assistant secretary as amb ambassador amdor to mexico at least one of these will meet with some opposition in the senate senator arthur robinson rep ind announced that he would offer evidence that sir mr bingham had made speeches in england which illich caused him to be labeled as apologetic american advisors advisers of the president however declared that he was fully satisfied that mr bingham will assert and tie defend americas position on all issues emphatically and patriotically ORLD war veterans the U S WORLD supreme court decided are with out priority over other depositors in the claims against insolvent banks for the money received from the united states the ruling was handed down in a case involving a deposit of approximately which sam spicer had in the hargis bank and trust company of breathitt county kentucky when hen it became insolvent the assets of the bank were not dot sufficient to pay all depositors and it was contended that money received from the united states by veterans for insurance and disability allowances was money of the united states state while on deposit in banks to the credit of veterans and was therefore fore entitled to priority the supreme court decided otherwise A TORNADO swept the Ten tennessee nce kentucky border from the mississippi sis sippi river to the cumberland mountains killing 30 00 persons injuring more than and did dama damage ge estimated at W ITH a special message of only 72 words the shortest presidential message ever written the P resident president secured legislation amending the Vo istead act and making per cent beer legal in the united states the presidents 72 words were 1 I recommend to the congress the passage of 0 legislation for the immediate modification of 0 the act in order to legalize the manufacture and sale or of beer and other beverages of such alcoholic content as Is permissible under the constitution and to provide through such manufacture and sale by substantial idl taxes a proper and much needed revenue for the government 1 I deem action at this time to be of the highest importance the beer bill provides for an alcoholic content of not over per cent for a tax of 5 a barrel for a license fee of 1000 for each brewery and the law to be effective 15 days after it Is signed by the president which means beer will be on sale shortly after the first of april the bill was passed by a strictly nonpartisan non partisan vote in the house democrats voted for it and 53 against 73 republicans for and 39 against and 5 farmer labor for twenty members did not vote and there are two vacancies can cies kansas was the only state whose representatives e voted solidly against the bill while the representatives ot of 18 states voted all wet the senate amended the house bill to include wine to make the alcoholic content of both instead of 32 and to prohibit sale to children under sixteen years of age the vote in the senate was 43 tor for the bill and so 30 aga against lost also along strictly non pa parti artl san lines it Is estimated the 5 a barrel tax on beer will produce about additional revenue P SPECIAL interest to roman 0 OF catholics Is the allocution delivered by pope rius plus at tile the secret consistory inaugurating the holy year tits ills holiness issued a warning that communism Is attempting to exploit the worlds political and economic disorders and expressed A a fervent wish k for disarmament and settlement of war debts the pontiff bestowed the roman purple on six new cardinals of the pope plus church and announced that two others would be elevated later the six elevated were pietro fumasoni blondi former apostolic delegate at washington archbishop of quebec angelo dolca archbishop In of vienna archbishop costa of florence and archbishop fossaty of turin second only to the nefarious propaganda of communists which he said threatens christian civilization the pontiff deplored activities of protestant sects in italy and rome ile he describes these activities as being impudently pursued and urged all the faithful to operate cooperate co ik against dinst this menace and defend the treasured riches of city anti and nation LANS for immediate reconstruction PLANS and rehabilitation are well under way in los angeles and its suburbs where earth tremors caused deaths and property damage estimated at an appeal has been made to the federal government and the reconstruction finance corporation for the majority of funds needed tor for rebuilding congress passed a bill introduced trod by senator william 0 ue ilc adoo of los angeles for an emergency appropriation of to relieve immediate distress in the tha stricken area the earthquake will probably give to science the first accurate records of just how the earth shakes during such a disaster information which may be highly valuable in construe ing buildings to withstand earthquakes in the future HE french cabinet Is sounding T THE out the members of the chamber of deputies in an attempt to whip up a majority in favor of paying the war debt tri installment to the united states which was defaulted on december 15 former premier herriot has been lobbying in the governments behalf seek ing pledges to vote favorably in case pre mier deladier Dal Da idler ladier hould decide to bring the premier matter to a vote herriot deladier Da ladier has been telling the deputies that it Is necessary to act quickly as the government would like to have the payment coincide with the departure of the new dew french ambassador to washington tallow THE LIE new administration refuses to allow the united states to be bound by any action that Is taken but agrees to join the league of nations members in a discussion of what the world should do about japanese military inroads in northern china hugh R wilson minister to switzerland has been named to sit at the council table with ith the leagues special advisory committee on the undeclared war in tile hie far nast hast with to imbor tant reservations the united states ri nonmember of the hie leagon vill nut vote it ill nut not agree in fit advance to bow to 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