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Show SPEUHBSgi Congress and Tax Exempt Securities WASHINGTON. Futility of any farther effort la behalf of a constitutional amendment amend-ment prohibiting the Issuance of tax-exempt securities Is conceded by the administration. It Is reported. President Oooltdge and Secretary of tbe Treasury Mellon, while continuing to advocate such an amendment, have become convinced that there Is no Immediate Im-mediate prospect of action and will center their efforts on obtaining reductions reduc-tions In the higher surtaxes to a level which will offer no Incentive to Investments Invest-ments In tax-exempt securities. Secretary Mellon virtually admitted the abandonment of any serious effort ef-fort to obtain the adoption of a constitutional con-stitutional amendment in his recent speech at a bankers' convention at Jackson, Miss. His opinion as to the impossibility of obtaining results through the constitutional amendment method during the present administration administra-tion coincides with that of congressional congres-sional leaders who have canvassed tbe situation In the light of the personnel of the new congress. A resolution proposing a constitutional constitu-tional amendment prohibiting the future fu-ture Issuance of tax-exempt securities by states and municipalities will be reintroduced in the house In next winter's win-ter's session of congress. The ways and means committee may go through the form of reporting the resolution favorably, at it baa done la several sessions heretofore. It la unlikely, however, that it will be pressed te vote In either bouse. Several factors have contributed to what la conceded to be a steady loss of support In congress for the constitutional consti-tutional amendment in the face of continued con-tinued agitation for It by the treasury. Southern Democrats, for the most part, have stood Arm against the amendment In line with their general position against encroachment of the federal government upon state rights. A good many Kepubllcans, principally principal-ly In Pennsylvania and other parta of the East, are opposed to It, believing It desirable to encourage municipal Improvements through tax exemption of bonds. Furthermore, with one reduction from the maximum wartime surtaxes accomplished In the revenue act of 1W21, another cut made In the revenue act of 10'.'4, and prospects excellent for a further slashing of -atea In the revenue bill to be enacted next winter, win-ter, need of the constitutional amendment amend-ment is conceded to be less pressing. On top of all of these factors the organized campaign which has succeeded suc-ceeded In preventing approval of the child labor amendment by the state legislatures la recognized to have contributed con-tributed to a reaction against any tinkering tin-kering with the federal Constitution. Maybe Pearl Harbor Needs Improving LEGISLATION designed to mnks Hawaii the strongest military outpost In the world will be offered of-fered to congress In December, according to Representative Thomas W. Butler of Pennsylvania, chairman of the house naval committee. The members of the house naval committee will visit Hawaii next month, sailing by way of the Panama canal on the transport Henderson, which will carry the Annapolis graduating grad-uating class to the Pacific. Naval officials of-ficials expressed the belief that following follow-ing this visit several defense bills would be Introduced In congress. Representative Butler said he was going to Honolulu to collect data that would aid him In the legislation for building up the Hawaiian defenses. He declared that. In his opinion, there was a state of unpreparedness in that region that should be remedied by congress at the earliest practicable date. He stated that naval officers would accompany the house committee to Honolulu for a tour of Inspection. Naval officials said that congress already had authorized Improvements In the channel at Pearl Harbor that would cost about $5,000,000. The first appropriation will be granted this win ter, and the dredging will begin in the summer of 1920. Close on the heels of the "capture" of Hawaii by the naval forces in the Joint mnneuvers and charges that the army defenses of the Island are defective, de-fective, It was announced at the War department that officials there hoped that the house committee on military affairs would visit Hawaii before congress con-gress reassembled. Acting Secretary Davis of the War department pointed out, with reference refer-ence to Increasing the strength of the defenses of Oahu, that the War department de-partment has a general project , for Hawaii, which It has been developing from year to year as money was provided. pro-vided. No additional forces, however, are available for that region under the present strength of the army. The question Is entirely one of funds, Mr. Davis said. War and Navy department officials, In advance of receipt of the final report re-port on the maneuvers, do not believe that any striking new defect will prove to have been disclosed, but are confident that the sham battle will enable en-able presentation of the Hawaiian defense de-fense problem on a basis of established estab-lished facts Instead of theories. Is "Good Old Summer Time" to Be Cool? UNLESS sclentlfl-c signs fail, says Lieut. Com. George E. Brandt, aid to the naval by-drographer, by-drographer, this summer will be a cold one and the summer of 1926 even colder. A study of solar radiation and ocean temperatures has convinced him that next year "summerless" 1810 may be duplicated. Lieutenant Commander Brandt points out that cyclonic disturbances are the unknown quantity in the weather equation, and that while the present outlook Is for a decided temperature drop actual conditions at the time may be far different because of factors hat are now unknown. He believes, however, that ocean temperatures greatly influence the weather and that the 1925-0-7 weather already has been largely determined by the heat of the sun that was stored up In the ocean during 1922-3-4, when solar radiation was below normal. Chicago. An effort to forecast weather over a period of a year or two years would be nothing more than wild guessing, Henry J. Cox, district weather forecaster here, said In commenting com-menting on predictions by others that the next two summers would be cold, end that 1920 might duplicate "summerless" "sum-merless" 1810. "Maybe the next two summers will be cold, or they may be hot," said Professor Cox. "It Is a hlt-or-mlsa proposition, and If the guesser hits It, he then can say, 'I told you so.' " The federal government does not try to forecast more than a week ahead, recognizing the Impossibility of It, Professor Cox pointed out, and then the data are called "outlook" and not "forecast." Nothing had been seen In aolar radiation or reports of ocean temperatures temper-atures to Indicate to him that the coming com-ing summer might be cold, with no summer at all next year, the forecaster forecast-er declared. The year was starting off well above the normal for the entire en-tire country, he added, and In Chicago an excess of approximately 300 degrees de-grees of heat above the 30-year average aver-age had been recorded since January Janu-ary 1. Tbe oceans were unusually warm last year and the year preceding, said Professor Cox, but North America, the British Isles and northern continental continen-tal Europe had an exceptionally cool summer lust year. The earth's temperatures seemed to be slightly responsive to sun-spot activity, ac-tivity, the forecaster snld, tbe temperatures temper-atures climbing slightly higher, possibly possi-bly one degree, during periods of least activity. First Lady of the Land Likes to Walk SOCIETY leaders of the capital, accustomed to patterning their ways after those of the first lady of the land, are stumped by the form of diversion selected by Mrs. Coolldge. Four to six miles of walking daily Is the program of Mrs. Coolldge, and this schedule stands, so far as the demands de-mands on the time ef a President's wife permits, rain or shine. Mrs. Coolldge has refused to he "Jailed" In the White House. She regards re-gards the executive mansion as a home, and she has maintained the simple sim-ple habits of life she accustomed herself her-self to as the wife of a Massachusetts lawyer. Social functions she disposes of with grace and ease, and she enjoys them, but they are kept at a minimum. Two walks a day Is the favorite program. The morning stroll Is confined con-fined usually to shopping.' Mrs. Coolldge Cool-ldge Is well acquainted with the stores here, and makes her way about quickly: She knows pretty well what ' van's before entering a sales-- room, and takes little time in making her selection. Another walk In the afternoon usually finds her enjoying the freedom of one of the numerous parks, but the strolls are not confined entirely to parkways. There are few streets In the wide neighborhood about the White House, settled by every class of people, which she has not traversed. trav-ersed. On these walks Mrs. Coolldge usually usual-ly Is accompanied only by a secret service man. Jim Haley, who has been assigned to look after her protection pro-tection ever since she entered the White House, Is tall and naturally takes a long stride, but Mrs. Coolldge apparently never finds the pace too fast. It takes extremely severe weathei to deprive Mrs. Coolldge of her walk Unless there are gm's.'s at tht White House, Mrs. Coolid:;e selilne uses her private limousine. It h- stood In the garage fiw .uU-n j time. |