Show news review of current events the world over congress quickly quick y acts on president Roosevel ts request for new le legislation isolation reopening of banks spurs upturn in business activities arx IrD ROOSEVEL TS request P PRESIDENT to congress that hint he be given authority to make cuts in the salaries of government employees up to 15 per cent and to make reductions duct lons ions in the amounts paid to veterans Y that authority to include practically an entire revamping of the government policy as it applies to government expenditures tures as it applies to veterans of the world war and other wars met with president 5 a response on roo sevelt the part of the house bouse or of representatives and the senate the bill passed the senate by a vote ot of 62 to 13 doity three democrats and nineteen republicans voted tor for the measure four democrats and nine republicans against it the vote rote in the house was for the measure and against it that result was not achieved without difficulty and the difficulty came in the ranks or 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 92 02 1 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 to in the matter of expenditures for vet erans at the final roll call democrats and 60 69 republicans voted for the bill and 92 democrats 41 laicans and five farmer labovites laborites against it several members who were opposed to the bill but ft ho he did not bof wish to be recorded as against an economy measure decided not to vote an analysis of the vote rote shows that 68 per cent of the democrats voting and 62 per cent of the republicans stood by it but leaders said that the democratic percentage for the meas ure would have been much lower had not a parliamentary maneuver been invoked to prevent rebel rebellious ligus mem bers ot of the party caucus from going through with their plans still another factor was credited with part of the favorable vote and that was the word passed around the house cloakrooms that president roosevelt planned to denounce the opposition in a nationwide nation wide radio broadcast if 11 the bill had failed of approval it Is believed the president will make a saving of approximately in the expenditures for veteran relief by cutting out all ail men whose disability on which claims for relief are based was not the result of nar or service the reduction in the salaries of government employees Is expected to save approximately another sl in the senate an effort was made to delay the passage of the ait act by proposing amendments amenI ments 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 HILE the president has received WHILE republican ald aid in securing desired legislation for his banking econ only omy and beer program he will vill ably not dot be able to depend upon it to the same extent tit at least for his farm program that shat contemplates div ing tile the president dictatorial tat orial powers in so manipulating the price of farm products to bring them up to what Is termed a n parity arit 1 price the contemplated law would au thomire tile the president secretary acting through the wallace secretary of agriculture to fix a parity price ot of each farm product duct that Is at a price at which aich the producer of the product would he placed on a parity with wilh the pro producer durer of manufactured articles for example the secretary of agriculture might inight declare 1 a bushel to be rise parity price of wheat the object then would ile he to manupu nian llou late the price of wheat hear ull upward via rd until the desired parity price should be reached in order to rat e ine prices of firm farm products the secretary tit f agriculture under the terms bernis tit of the hill would in yoke voke various devices ile he might rill bt em ploy the domestic allotment plan to influence the prices of one group of 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 reason that no price would he be fixed by flat instead a price would be declared to alm aim at and the measures adopted would be those judged must anost likely to raise tile the price to the point desired sired the products covered to in the contemplated tem plated law are vii heat corn cotton cattle sheep hogs milk dairy prod acts tobacco arid and rice abing with this the president proposes the scaling down doo of farm mortgages and a reduction lo in the interest rates through gli agricultural credit a agencies gen cles all of mitch are to be consolidated under tinder the direction of henry jr ROD BANKS anks began opening for business on march 13 on that date only banks connected bilth the federal resen e system and located in federal reserve bank cities opened their doors under licenses from tile the treas ury department danka banks in all clearing house cities that had applied for and been issued licenses either by tile the federal treasury or in the case of state banks by state banking departments began opening on tuesday and those in the smaller cities and towns on there wore 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 t would indicate hoarding when the per son 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 bad 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 batik bank in new york fork had received more than of hoarded gold and in chicago more than had bad 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 bad repented repeated and emphasized the embargo he had placed on gold payments that governor blood blond of utah signed a bill passed by the legislature requiring the treasurer of the state of utah and of each taxing subdivision 1 within the state to pay all public employees under their jurisdiction in n gold coin where will utah get tle tl e gold the president in a published state went ment and also in ili a national broadcast detailed in simple language the reasons for the national bank holiday and the plans for opening he 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 forthe issuing of licenses he explained that banks that were not sound would not be permitted to open except under government supervision for tile the purpose of reorganizing them the reopened banks were supplied with a liberal allowance of the new currency based on hank 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 was returned to the federal reserve banks P PRESIDENT RESIDENT 1 1100 ROOSEVELT SEVELT took il time in e 0 out ut from the urging of new legislation to give some consideration to the filling of important diplomatic pos posts ts he has sent to the senate the names of robert worth ringham bineham publisher of louisville ky ns as am cassador bas to great britain jesse isador 1 I straus president ot of C i R tl 11 macy co new york department store as ambassador ambas sidor to france and josephus daniels war see sec detary of the navy jesse 1 straus under whom mr Roose eit served as assistant secretary secre tarr ns as ambassador to maico at least one of these will meet with some ii in the senate sena tor arthur Ro robinson hinson rep ind an bounced that he olter offer evidence that mr bingham hod had made speeches in angland caused him to be labeled as alio letle american advisers of the president however declared that he BUS us fully satisfied that mr ir brigham Ping ham will assert and defend americas position on nil all issues and patriotically asu WORLD ORLD war ieter aDS the U S supreme court decided are with out priority over other oilier depositors in ill the claims against insolvent banks for the money reveled rece led from the united states tile the ruling was handed down in a vase case involving a 11 deposit of liua lu lately lely GOK which sam spicer had in the bank and trust com pany of breathitt county kentucky when it became insolvent the assets of the bank were not silt to pay all depositors and it II was contended that thai money received from the united states by veterans for foi insurance and disability allowances was money of the united states while alil on deposit in hanks to tile the credit 0 of veterans and was therefore entitled to tc priority the supreme court decided otherwise A TORNADO swept the tennessee kentucky border from the mis sis sippi river to the cumberland cumberlan mountains killing 30 persons injuring more than and did damage estl mated at W WITH ITH a ores special message of only 7 72 2 words the shortest presidential 1 message ever written the president derit secured lured legislation amending the V 0 istead cad act and making on king 3 3 rhe per cent beer legal in the united states the presidents 72 words were 1 I recommend to the congress the passa passage ge of legislation for the immediate modification ot of the vo istead act in order to legalize the manufacture t ire and sale of beer and other beverages brages of such alcoholic as Is perets permissible ible under the constitution rind and to provide through such rd inu facture and sale by substantial taxes a proper and much needed revenue for the government 1 I deem action at thi to be of the lie highest importance the beer bill provides for an alcoholic content of not over per cent for a tax of 3 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 bouse democrats voted for it and 58 against 73 republicans for and 39 30 against agai nit and 5 farmer labor for twenty members did not vote and there are two vacancies can ican cies kansas was the only state whose representatives voted solidly against the bill while the representatives of IS 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 for tile bill and SO 30 against also along strictly non parti san lines it Is estimated the 55 5 a barrel tax on beer will produce about additional revenue F SPECIAL interest to roman 0 OF catholics Is the allocution delivered by pope plus pius at the secret consistory inaugurating the holy year ills holiness issued a warning that communism Is attempting to exploit the worlds political and economic disorders and expressed a fervent wish for disarmament and settlement of war 1 debts the pontiff bestowed the roman purple on six sis new cardinals of the pope plus church and announced that two others would be elevated later the six elevated were pietro F fumasoni biondi former apos apostolic delegate at washington archbishop of quebec angelo colel archbishop tzer of vienna archbishop costa of florence and archbishop fossati of turin second only to the nefarious propaganda of communists chich abich he said threatens christian civilization the pontiff deplored activities of protestant sects in italy sail rome ile he describes these activities as being impudently pursued and urged all the faithful to operate cooperate co against this menace and defend the treasured riches of city and na nation tion PLANS LANS for immediate reconstruction and rehabilitation are well under way in los angeles and its suburbs suburb 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 for rebuilding congress passed a bill introduced trod by senator william G of los ios angeles for an emergency appropriation of to rel relieve iee immediate distress in t the h e stricken area the earthquake will probably give to science the first accurate records of just how bow th the earth shakes dur during ing such a disaster disa ter information which may be highly valuable in construe ing buildings to withstand earthquakes in the future tout HE french cabinet is sounding out the members of tile the chamber of deputies in an all attempt to whip alp up a majority in favor of paying the war debt installment to the united states which was defaulted or on december 15 former premier ferriot has been oh loh I 1 hying lu in tile the govern I 1 merits ments behalf seek ili pledges to vote favorably in case pre niler mier nal Da ladler should deride decide to bring tile the premier matter to a vote herriot deladier Da ladier lias has leen been t telling c ling the deputies that it Is necessary to net act quickly as the government would like to have the payment coincide with ill the departure of the new ambassador to washington till tallow ill new 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 in roods roads in northern nort heru china hugh K R wilson minister to switzerland liis has been named to sit at the council table with the leagues special advisory committee on tile the undeclared nar bar in the far rast kast with two important reservations the united states a of the league will riot not vote it will not agree in advance to bow to tile the committees decision which may call for an economic boycott or other coer clie ine tures 0 1933 western Nowa paper union |