Show news review of current events the world over bankers and president roosevelt move toward an accord war clopus still hover over balkans legion for bonus cash payment by EDWARD W PICKARD 0 by western newspaper Newe union OUR thousand or so financiers gath feied feied in washington for the annual convention of the american bankers association and it became apparent at once that they were far from anant in their opinions concerning the economic policies of the new deal francis marion marlon law of houston texas retiring president of the association gave out an interview in which he said he believed that economic recovery had arrived at a point where bankers of the united states could honestly advise business men to go into debt again in order to put idle bank reserves to work further he stated that bani ers feel that the securities of the united states government are the best investment on the face of the earth and that there need be nu no cou con cern over the condition of government credit what made this expression especial ly noteworthy was as the tact fact that only recently the federal advisory council composed of leading bankers issued a warning that government credit was being menaced by the unbalanced con of the federal budget and the un stabIlIzed dollar tl en appeared before the bankers in constitution hall president boore roosevelt velt himself and made an appeal for an alliance of all forces intent upon the business bus ineRs of recovery he called on the banks to lend more money to finance the new deal program government should assert its lead enship in encourage ng not only conal dence of the people in banks but the confidence of the banks in the people he said in march 1933 1 I asked the people of this country to renew their conal dence in banks they took me at my word tonight I 1 ask the bankers of this country to renew their confidence in the of th s country I 1 think will take me we at my word he said that the administration stood squarely back of 0 continuance of the profit system and that emergency activities would be curtailed as fast as business could pick up the load it was noted that the president made no promise to balance the budget or to stabilize the currency also that he did not comment on the proposal to create a cen central aral bank his talk talk was heartily applauded but many of his hearers hea aers were far from satisfied before mr air roosevelt spoke the bankers were addressed by jackson reynolds president of the first na lional bank of new york and a stanch sound money advocate he appealed for operation cooperation with the president highly praising bis his efforts at reh abill tation and saying if the government and the banks continue in the role of antigon ats it will invoke the grayest gravest consequences to our country perhaps even the destruction st of many institutions and principles we have long held dear the poor whom we have always with us will not be much worse off the rich will survive in comfort at least as they always have but the great stratum of our people between these two groups will be irretrievably ruined if on the other hand we abandon our antagonism for friendly under standing sympathetic co operation I 1 believe we can make a great Con tribu alon toward the perpetuation of our cherished institutions the encouragement of our fellow citizens and the gradual and sound rebuilding of the shattered economic and financial ture of our country further ol overtures to the bankers were made by jesse H jones chair man of the reconstruction finance cor po horation por atlon ration and J r T 0 connor comp of the currency both rath of them gave assurance that the economic con of the country is sound and mr air jones urged the bankers to expand their loans to business to all this the bankers responded by unanimously adopting resolutions promising to operate cooperate co with the gov but demand ng a balanced budget rudolf S hecht of new orleans was elected pres dent of the association to succeed mr nir law WAR ware AR clouds over central europe are not d ssi by the partial solution of the plot that resulted in the asnass nat on of king ring alexander of 0 it is es that the mur der was the work of the Cro croatian atlan group of terrorists called the Ou stacha eba and the head of the gang dr anton an ton has been arrested er with his assistant assis tant F u g e n e Iva kvaternik the three companions of the assassin who dr anton were captured in avella france have con fessel that they trained for the job in a camp in hungary and held hun garlan passports it is charged in tl e french press that they or their ous tacha chiefs were in secret contact with hungarian or ital an officials and it if it can be established that their funds came from such sources most serious i ft t i complications may result the permanent councils of both the little entente and the balkan entente which include rumania czechoslovakia greece and turkey have issued identical as sorting their sol darity with jugo slavia and lading responsibility for king alexanders alexander s assassination upon terrorists urged on by the foreign pol ides of nations which were not named but which clearly are indicated to be hungary and italy the gave gaie warning of a probable war unless international at measures are loyally adopted to stop stopp political assassination and conspiracy both the ententes decided to adopt common measures against all political conspirators so far hungary Is bearing the brunt of the blame for the marseilles assas ansas striation nation si but premier as aerts his country is entirely guiltless of any connection with the foul crime REARING records all along the broute route if the new streamlined train of the union pacific made an ex nary run from los angeles to new I 1 corb orl in 56 hours 55 minutes the best previous time for a tal train crossing was nas established in 1906 1900 when the late R 11 II harriman Harrl man then chairman of the union pacific traveled from san francisco to new lork ork in 71 hours 27 minutes the new tube shaped train also established a world worlds s speed record of miles an hour as it sped from buffalo to new york the train passed over the SO 30 mile stretch of straight away between buffalo and batavia on which the empire state express of the new york central achieved a speed of miles an hour on may 10 1893 1803 cash payment of the I 1 IMMEDIATE veterans bonus certificates was demanded by the american legion in convention at miami fla despite the knowledge that it Is opposed by president roosevelt and the be lief that he would v veto eto any legislation provid ing for such payment the vote was to the legion legions s new national commander is frank BeI belgrano grano jr of san francisco now a banker all other can frank di dates withdrew and belgrano jr mr r belgrano was elected unanimously in his speech of acceptance he said he would conduct his office with vigor and determination and would give it his undivided atten tion our country is filled today yath with too much talk about isms iams he said ev ery where we hear about communism socialism fascism and oth ers too numerous to mention there Is room in this country for only one ism that is americanism without equivocation or reservation I 1 say to you that under my adminis tra tion HOD this american legion Is a sworn enemy of every other ism that Is a declaration of war the following were elected as na lional vice commanders daniel J doherty woburn coburn mass habold J warner pendleton ore kenelly mandan N D milo J warner toledo ohio and quimby melton griffin ga rev dr park W huntington pastor of st stephen stephens s lutheran church in wilmington del was chosen anani as national chaplain john D crowley of cambridge mass was elected chef du chemin de fer of the 40 and 8 play tion of the legion and mrs A C carl son of willmar minn was elected na lional president of the american le glon gion auxiliary next year years s convention was awarded to st louis mo JEAN made adoth prof cr er balloon excursion into the strat and accompanying him was his plucky wife jeanette the only it censed woman balloon pilot in the united states they ascended from detroit with their COO cub cubic lefoot foot bag passed over lake erie rose to a he of about ten miles and then came down on a farm four miles west of cadiz oh 0 the gondola landed in a tree but the two occupants were only slightly bruised and scratched and it was belle believed ed the delicate eclen instruments they carried were un injured IGHT federal officers led by melvin EIGHT purvis head of the justice department departments part ment ments s bureau of investigation in chicago caught up with charles A b hoyd loyd known as pretty boy on a farm near east liverpool ohio and a few minutes later the desperado of the ozarks was dead with fifteen bul but lets in bis his body he had two auto matic matle pistols but did not fire a shot as he sought to escape across a field floyd rloyd accused of at least seven mur ders and lately of complicity in the kansas city depot massacre was hunt e ed d for tears bears H he e was oklahoma a most notorious outlaw since the days of AI at jennings and the dalfons Dal tona tons S ILK and rayon dyers did rot i ot join J in the recent general strike ot of tex tile workers because of their contract but 30 of them in the passaic val ley and the new york metropolitan area have now quit their jobs and the dye houses were closed perforce when negotiations for a new con tract began two months ago the union asked tor for a 30 bour hour week at 1 an hour and a closed shop the closed shop was the sore point of issue neither side would change its attitude george baldanza Bal danzl president of the federation of silk and rayon dyers then waived the demand for a 30 hour week at 30 a week and said mid the union would accept a minimum guarantee of 20 chis proposal was rejected by by the employers P W chappell conciliator of the department of labor was on the around round trying to effect a compromise i OHN B CHAPPLE republican can didace for united states senator from wisconsin proved himself to be a gentleman at waukesha he was listed as principal speaker at a rally there john gay can didace for congress preceded him on the program and alluded to president roosevelt as a man who can t stand on his own feet without crutches mr chap pie arose and said J 0 chappie chapple men and omen women of waukesha the president of the united states has been insulted by a previous speaker on this program in a serious personal way and while I 1 may differ with dem socratic policies I 1 will not stand for that kind of an attack on the dents physical infirmity and I 1 there tore fore refuse to speak on this program and will return to waukesha at some later time C preliminary to the 1935 naval conference opened in I 1 ondon and the japanese did what was expected of them ambassador Matsud matsudaira alra and admiral told the british and the americans in turn that japan was not satisfied with the existing treaties everyone knew that and set forth these main points IL 1 the powers should agree that japan may have equality in pie in defens defensive ise armaments 2 the ratio system should be abol dished and defensive ships limited on a total tonnage basis instead of by categories 3 each nation would drastically reduce offensive armaments thus cut ting down the chances of any war ot of aggression while building whatever defensive ships within the tonnage jim t agreed it feels it needs tor for se me carity TEUT FRANCESCO of L italy known as crazy boy because of his daring aerial perform ances set a new record for speed in flight when he drove his seaplane over a course at desenzano Desen zano four times at an average of miles an hour it was his own record that he broke by about 16 10 miles an hour lie he used his old plane but it had a new flat AS 6 V type motor de developing eloping horse power NJ MAHATMA GANDHI has quit as leader of the AllIn all india dla Itt Tbt lonal 1st congress ue he insisted on the ini of the spinning wheel in the home of every congress voter and on the wearing of homespun and asked various changes in the constitution of the congress other leaders did not agree with him so he refused to act longer as their chief THREE ared american physic physicians tas have been awarded the nobel prize in medicine for 1934 they are dr george minot and dr william P murphy of the harvard medical school and dr george IL whipple of the university of rochester the prize of is divided among them for their development of liver therapy in anemia W A SCOTT and campbell black C CW of england flying their red comet plane won the great lindop to mel met bourne air derby reducing the record by many hours the second plane to arrive in melbourne was that of R D I 1 lar ar and J J moll of holland they gave the winners a close race though flying a longer route col ros coe turner and clyde A amer er leans lost time when they wandered from the course near Alla habad india but came in third james and amy Mo mollison illson the famous flying couple from england led at the start but were forced to quit in india by damaged motors tragedy marked the race when har ilar old gilman and james baines of ang land cra craded crashed hed in flames in italy and were burned to death nuno HAUPTMANN S effort to BRUNO avoid estrad tion from new york failed so he was taken to jail at riem agton N J to await trial for the murder of colonel Lind lindbergh berghs s baby boy attorney general and his staff of assistants were corn coin plating their arrangements for presenting the case against the carpenter hauptmann was arraigned before justice thomas E trenchard and pleaded not guilty the trial was set get tor for january 2 at the request of mr Yi lentz who said I 1 don t think this trial should go through the holidays I 1 think it would be d to the p people the U too this Is a capital rase raise and bie the defense should rave kave am pie time to e its case i |