Show ineas news NT review of current events the world over bleakley and lehman to fight for new york governorship communist candidate browder jailed in terre haute france devalues the franc by EDWARD W PICKARD 0 western newspaper un on R republicans and democrats of new york state met in con bention at albany and syracuse re ively selected their state tick ets and started on a hot campaign the republicans entered the fight under a new leader for they named william F B I 1 e a k I 1 e y of yonkers supreme court justice for t the h e governorship T the h e fifty two year old jurist prepared to resign from the william am F bench and take bleakley command at once col ralph K robertson of auf falo was nominated for lieutenant governor nathan D perlman of new york city for attorney general end and john A may gloversville Glovers ville for comptroller the convention at its evening ses sion heard col frank knox republican vice presidential candi date in a strong attack or the new deal the democrats re nominated gov herbert H lehman and h his is can didace was warmly espoused by president roosevelt who went to syracuse to deliver his first speech as an avowed candidate the pres ident took occasion to deny again that he seeks communist support and alleged that issue was a red herring dragged across the trail by his opponents f RANK KNOX president roose avelt 1 velt and al smith all on the air the same evening provided a political feast for radio listeners colonel knox speaking at pitts burgh reiterated and substantiated his former assertion that new deal financial policies were imperilling impe rilling savings accounts and insurance pol iches mr roosevelt not so elo quent as usual defended the spend ing policies of his administration he too spoke at pittsburgh the high spot of the evening came at the close of al smith s address to a women s organization in new york city he had been treating of the new deal and its leaders with biting sarcasm and wound up with the dramatic declaration I 1 firmly believe that the remedy for all the ills that we are suffer er ing from today is the election of alfred M landon whereupon arose a shout that lit brally echoed throughout the land EARL ARL BROWDER communist party nominee for the dency achieved the distinction of being the first presidential candi date to be jailed since eugene V debs was incarcerated during the world war browder was scheduled to make a campaign address over the radio from terre haute ind but when he arrived in that city he was nabbed by chief of police james C yates and put in the hoosegow on charges of vagrancy and for investigation held with him were seymour walden and wal do frank both of new york city charles Stadt feldt secretary of the indiana communist party and an drew remes of indianapolis all were released the next day chief yates who had the back ing of mayor samuel 0 beecher and the terre haute merchants as said neither browder nor any other communist would be permitted to air their party doc annes over the local radio station but david J bentall of chicago browder s attorney slipped into the broadcasting booth and delivered the speech his principal had pre p pared ared while yates fumed outside the locked door JUST as the maritime unions on the pacific coast were about to g gw on a strike that would have tied up the great shipping industry the trouble was averted by the signing of a fifteen day truce between betwee n the i employers and the workers a and nd the n nominal extension for sixty cays of forking or k ing contracts negotiated after Y i the strike of 1934 st the truce provides that maritime unions at the expiration of the pe nod october 15 would either agree to arbitration of issues involving wages and hours which are not set tied or relations with employers would be broken completely the negotiations handled liand led pally by the department of labor s ace trouble hooter edward F me mc grady will on mue during the afif teen day period of peace IN TN WHAT was said by court at baches to be the first important ruling anywhere on numerous suits filed by picking companies and others against government callec tion of the windfall tax judge robert C baltzell of the U united n I 1 t c d states district court at indianapolis overruled the government governments s motion to dismiss a suit for an injunction filed by kingan and company meat packers the company seeks to enjoin fed eral government officials from col A electing a 2 windfall tax levied in the revenue act of 1936 to recover processing taxes previous previously ly assessed under the AAA but later ruled invalid by the supreme court judge baltzell said that he found various unusual circumstances creating a doubt as to the possibility of the packing company s having adequate remedy at law in so some me other court because of this he said it is imperative for his court to gant grant g ant the packing company the right to sue in federal court the decision is said to be directing but not controlling in 0 other t h e r similar cases in the district dismissal of the injunction suit was sought by the government on the ground there is no authority in law for restraining collection of a tax A filed by the national r labor relations board offer the supreme court five new op ties to pass on the constitutionality of the wagner labor relations court the board asked the high tribunal to review rulings in a case involve ing the jones laughlin steel cor horation po ration of pittsburgh two involve ing the freehauf Freu hauf trailer company of canton ohio and two affecting the Friedman harry marks cloth ing company new york the labor relations board lost all five cases in lower courts RANCE at last came to the con Fc elusion lusion that it could no longer support the franc and premier leon blum s government decided to abandon the gold standard and devaluate the franc to between 4 and 5 cents the nether ap 41 lands latvia and 1 switzerland immedi abely determined to follow suit to save the world from a currency war the united states great britain and france leon blum entered into a gen tiemen s agreement the exact nature of this agreement was not revealed but the united states promised to employ its 2 stabilization fund to head off the feared scrugg e certain it is that each of the three nations re serves the right to depart from the pact if and when its own interests require such a course an expected outcome of the now general dropping of the gold standard may be an international conference for stabio bation of world currencies this might be held in washington blum called a special session of the french parliament tb to pass t e necessary legislation and his plan was given grudging approval by the finance committee of the chamber chaber of deputies its adoption by t the e chamber where the popular front has a big majority was easy but a fight developed in the senate the dangerous political situation ended when the senate passed a substitute measure to revalue the french currency but denied the gov s original request for full power to control price rises the government approved the substitute bill withdrawing its opposition to senate objections to particular clauses in the original measure the price fixing problem w was a s solved in this way after devalda tion the government may be given the right to control prices for six months by issuing decrees these decrees however must be sub bitted to the national economic council for ratification 1 arom rom the chicago journal of commerce is taken this plain state ment merit as to what france frances s action means to the ordinary american citizen reducing the amount of gold represented bv one franc wil mean that the average american will be able to travel cheaper in france than for the last two 3 ears french wines should be cheaper in this country and women should be able to buy french for less that should be true of nearly every thing elst else that france exports to the united states unless this coun try hikes the tariff on french ex ports or french prices boom out ot of proportion to devaluation indirect ly franc devaluation may keep americans from war as the act may be a wedge for currency stab liza tion the world over and more broth erly relations beav een all rations but don t lose any sleep over i un less you are getting an income from someone in france in that case since it will take more francs to buy dollars your income will be cut ev elyone should have an interest in developing sound foreign trade and if franc devaluation starts the ball rolling in the right direction the eventual hope for development is free foreign exchange move ments it s necessary for one coun try s money to be negotiable 0 in all capitals of the world if trade is to flow freely that s the big goal v t a aim t |