| Show news review of current events the world over congress eager to adjourn passes relief bill designed to suit president meaning of lausanne agreement new franco british accord by EDWARD V W PICKARD GARNER having cs es S his ret pet camp campaign issue of government loans to individual t was wa content to let stand president hoover e veto role of the 00 wagner garner relict relief bill containing that feature no attempt wag WAS made in cither either house or senate to pass the measure over the reto veto and both chambers SP edily lj prepared and passed dew new bills designed to sen wagner conform in the main to the dents wishes bit garner as fuming that moat of you gentlemen would like to so go hoine home fixed axed things so the two bills were tent sent to immediate conference so the differences could be ironed out and congress could adjourn in the senate the remaking of the measure was managed largely by senator wagner of new york one amendment adopted at the instance of senator glass would permit federal reserve banki banks for a two yar year period by vote of the federal reserve board and in unusual and exigent circumstances 1 to ci make loans to any individual or corpora tion unable to secure credit from other banking institutions this at first was repugnant to the prest dent but he changed his mind over night and informed senator glass would not object to its inclusion ID in the measure in other re sects save for minor variations the measure la is much the sime as the one mr hoover ve toed with the garner loan clause omitted REAT BRITAIN N and france a an n G GREAT jounced a new understanding known as a confidence accord velch the french regard as a re of the entente cordiale they agree to work torether for the res to horation tor atlon ration of europa and to keep e eich ich other mutually informed of questions coming to their notice similar r to that now so happily settled nt at lausanne sir john simon telling parlia ment of the accord said flatly it has nothing to do with the war debts due the states from britain and france adding I 1 if the french people belaf ve such Is the case they will be quickly undeceived on the other hand when premier herriot Iler riot the agreement in he declared that great britain ci met now under take a new debt settlement with america without first consulting france simon bald said the pact was not intended to be exclusive and that germany italy ar aej Q belgium had been invited to associate ID in its provisions with france and britain EUROPE E Is saved again subject to ratification of the lausanne agreement as winston churchill declared in the british bouse house of corn com none mons and rati fica tion 1 is subject to the cancellation or heavy reduction of 42 the war debts the european nations owe the united 40 states no eu power has dl I 1 erectly proposed to the united states a revision lon of those debts but such ac tion Is hoped for winston and even expected churchill by statesmen of the former fornier allied nations of europe the sentiment in washington Is absolutely sol against cancellation that in a nutshell Is the status concerning the pact signed at lau tinne sinne by the european Fur powers whereby germany Is to he be of all obligations in the way of reparations on payment of a lump turn am of gold marks about OCO at the same tice ti ce that they initial tA d this agree nent ment the representatives of ger chief creditors signed a secret pact that respective parliaments would not dot reify the treaty until the united states had reconsidered the ques alon of re reducing ducin the debts due her from europe and it if americas Am trIcas derision Is adverse to such reduction I 1 the lausanne treaty becomes of no effect and the reparations situation reverts to its former status under the young settlement the german government declared germany had nothing whatever to do with the agreement churchill vigorously attacked the whole proceedings at lausanne he bald said that from his knowledge of public opinion in ci he be feted no more unfortunate approach toward debt cancellation could have been mide prime minister macdondald Dald and of the Li chequer cham berian both replied to the atticks of if churchill and ot others hersi the latter said ields we are still ready to cancel all ill debts due us if the united stales states should dedda to cancel ill all debts due her our oft lr Is still open it f america still feels 1 ahe must ask us is to pay mire than we hive re alicd we must consider what we are ire going to do before wo we know what america will propose to do in the be matter it would be unreasonable for or ui to consent to cancel the debts of our european Cur allies though Thoi igli the lausanne agreement reduces educes Grm germany anys liabilities in aba th way of reparations to about one per cent ent it does not remove from ger many the stigma of having been solely lo 10 blame for the world war wherefore rhe Tte it Is d by NAZIS ald Is distasteful to the M a tIon allsta hitler declared that the new treaty will not be worth three within six months the aneel german cabinet approved chancel lor von action in sigird og the treaty aments with the gotera il icente ot of the dominion of canada and ontario on the st SL law rence seaways project was on the verge of being corn com plated but ably would not be in time for action by the senate at V this session premier henry of on tarlo said it would be signed within a week or so preal dint dont hoover had directed the efforts to bring the matter hanfor Han fod to a speedy concia macnider slon and nanford hanford Ilac Nider minister to canada was la washington as the state department in the neg negotiations in which secretary StI stimson nison Ca nadlin minister her ridge james grafton rogers assistant secretary of state in ch eh irge af f the st SL la arence plan and john hicl erson the department s expert on canadian affairs were especially active an interesting incident was the offer ofer of cor gov Frari franklin Llin D roosevlt to go 90 to washington and help president hoover in expediting the ne te the president amne and politely refused tie tle offer advising the governor to go ahead with his vacation aulse because international treaties fall nn no der the jurisdiction of the federal government GOVERNOR did proceed with his cruise ball sail ing with his three bons fons op up the bew england coast and bearing a figura tire the olive branch at the masthead for he was in al smith waters bis HIS 38 foot yawl myth 11 II pot put in tor for the first night at tit morris cove core near new haven and proceeded thence to stonington conn there he met J harold mcgrath rhode island state chairman and others from fiat vint state to whom he said 11 1 I nd act only fully understand but greatly appreciate rhode islands standing ly our old friend Gove nur aur smith in the convention and I 1 know now I 1 am going to receive the same display of loyalty ills visitors assured him he would carry rhode island and in further conversation roosevelt made it plain that he was glad to forget past us da sens seris lons IMMEDIATE does not mean 1 now in the lexicon of the dem in the senate twice they ft ere riven given the opportunity to vote for immediate of beer in accordance with their nati nationiel onil party platform and twice they refused their intention now achieved was to put off the test null I 1 after the november election their excuse was that they should not be called on to vote on thi tbt proposition until nn an authoritative definition of an intoxicant could be bp obtained senator Bling hims beer bill i in committee and later senator sheppard ot of texas prevented consideration of a res elltion offered by bindham binsham bin ham in strutting ting the general of the united states to poll leading clans and arid psychologists as to their opinion of what constituted an intoxicating beverage ashurst of arizona then took a hand hanl the senator from connela Con neit cut he chided has been attempt ing to do what he called test the sincerity of the democratic sena tors tore never did he apply a true truo test T let et me tell him how let him Int introduce rodice a joint resolution pro posing to amend the consal constitution aution by abolishing the amend ment and let the roll bf ho called there will be no attempt on the pirt of the democratic sena toc s to tvola their platform whereupon the wily bingham Bing hara lm im mediately produced just cuch such a reso gutlon and asked unanimous courent to call it up for action senators Eena tore robinson and watson minority and majority lenders leaders agreed ihli this was not the proper occasion for uch such a meri sure so the resolution remained on the table 0 ON N MOTION of senator couzens of the senate striate appointed a committee of fire ore senators natora tc to investigate ians 1 ans by the recon i corporation the inquiry will be conducted in secret and a report ill not be made next january administration senators natora eo threw their support to the couzens plan to ho hoal al olt oft a resolution by senator norris of nebraska to fo immediate publicity of ali sit loins critical reference references were made during the debate by senators bena tors couzens and norris to an ISO SO OCO OW loan by iho the corporation to was called 1 the dawes bank in chicago ayoung smith Re folds young helf belt to the great tobacco fortune committed in hie him borne boron at 11 inston salem N 0 or was murdered Is still unsettled the coroner coro jury found he came to his death at the hands hauls of persons unknown and so his widow the for mer libby holman of stage stace fame and his chum and secretary A albert I 1 b e r t walker were set mr mrs reynold reynolds free by the police dut but sheriff transou scott says the caso case Is by no means closed and the authorities will continue their inquiry into the suspicious circumstances surrounding the tragedy the case ii Is sen national sat lonal ional in the extreme and the details have hare filled many co columns alumns in the newspapers lira mrs reynolds weeping and near collapse departed from winston salem with her parents tor for cincinnati cinn cinnoti cin nati their home and was expect cd ed to go fron from there to some EC se eluded place in the mountains leading lawyers agree that her un born child it if alive will be a legiel mate heir to the 15 left in trusi trust to joung reynolds bt his fa though there Is a possibility that this child childs s chance to inherit might be eliminated by a 1 ODO N settlement smith reynolds gave his airet child when her mother r obtained a divorce in any case it docs does not eem that libby Is due to receive any considerable part of the hl MS estate ceru PERU experienced an attempt at jar revolution when n lot of civilian communists led by army officers rebelled against the government and seized the commercial city of lh illi but within a few lays loyal troops had bombed them into submission and recaptured the city brazil was not nut having so eacy a time alth ft ath a revolutionary move rort mert alint bro brolo la out in the state of S 10 giulo with the ea expressed pressed anten tion of overthrowing over crowing tie tle govern ment of nal presided get ullo N vargas argas the city of sao pa paulo ulo was occupied by the ansur insurgents ants ON 0 N JULY 21 there will open in ottawa tap the econ economie omle conference of the british empire which gives promise of being one of the most important gathering of its kind ever held al most one quarter of the worlds q lation will he be represented and it IB is the hope of britain f thit the conference will succeed in dl di averting about one t third of tf the e world a trade to ore t frit ain aln and her domin R 13 bennett lois lons to the vantage of the united states ar gentina and other countries now holding holdine a share of the british commonwealth trade this hope in the opinion of competent observers will scarcely be realized realised reali sed R B bennett prime wIn Istir of canada Is host to the and be he has this to say of it its ob b pacts and ambitions the imperial economic confer ence should devote its energies and abilities a common purpose and whole heirty zeal teal to deepen ing the channels of ultra imperial trade by judicious adjustments of tariffs and other measures which will aim to create a it larger volume of mutually profitable trade between the different units of the em pire than now exists and to mike their unrivaled resources available in greater degree for the d fusion turlon of a higher standard of well being among its citizens than they they now mow en enjoy joy among the highly interesting un official lelal off observers will be those from the united states eager to know what will be the results of the present tariff law that Is aimed I 1 largely at cabadi it Is cnown in ottawa and washington that mr bennett ie to ready to say to the en english delegates give DS us a preference in your market and we will ghe yon you free entry of goods not produced in tin thi dominion which would be a sid blow to the united states bubines man if it bere not for the fact that english manufacturers would be handicapped hindi capped by transportation charges f C UM 1933 western newspaper New paper union |
