Show news a ws review of current events the world over hoover moratorium plan with french modifications in effect great britain calls conference to work out details by EDWARD V W PICKARD M MUTUAL conces felons by the th united unite d states and an france obtained by bs clever negotiation re bulted in the accept ance of the hoover moratorium plan it in principle by th the french government all other important nations already had accepted so BO president julius curtius n boover 0 0 v e r announced that the plan might be considered as in effect as of date of july 1 brealy summarized the agreement provides that debtor governments hall be relieved of payments due between july 1 1931 and july 1 2 1932 aggregating approximately SOO millions of dollars germany will be re 1 deved of reparations payments to the former allied and associated governments totaling nearly millions of dollars great britain france italy bel flam and other debtors will be relieved of war debt payments approximating millions the greatest sacrifice will be made by the united states which will forego war debt receipts totaling millions beginning july 1 1933 1033 the deferred reparations and war debt payments will be paid in installments during a ten year period in addition to the re regular current payments payment by germany of conditional reparations totaling millions will be unreservedly suspended germany will be required however to pay the unconditional reparations amounting to with the understanding that this amount in full will be loaned leaned back to germany A loan of about 25 millions will be made to central european countries if necessary by the federal reserve banks of the united states and european central banks the accord reached was entirely satisfactory Batis factory to both the americans and the french president hoover gained his chief point the lie gist of the whole plan for germany does not have to pay any international debts for one year the french statesmen congratulate themselves because the accord calls for the moral support of the signatories signa tories in getting a private loan for frances central european friends and lays upon germany moral responsibility for not using her moratorium saving for armaments foreign secretary julius curtius and chancellor bruening of germany of course are pleased beyond expression and the former paid warm trib late to the work accomplished in paris by secrets secretary mellon the german press however professes to be disgusted with the compromise several influential papers declaring that it wrecks the plan entirely in concluding his announcement of the agreement president hoover touched on the question of world disarmament ar armament which he be considers the second feature of his pr program for restoring economic prosperity ably seconded mr hoovers H HAVING vers effort to bring about the moratorium the british government called a conference of the powers to work out the details of the plan the premiers and foreign ministers are to meet in london and it is expected secretary stimson will participate as an official observer when he be reaches england this conference will meet from time to time for several months it Is noder understood der stood and may continue to function tor for several years before this body toward the end of the one year hoover 11 moratorium will come the question of the capacity of germany to continue paying the young plan reparations the question of extending the hoover debt holiday another year and the question of revising depara cious and war debts downward VICE 1 PRESIDENT yf re 1 curds came butlo out to fi the open in earnest opposition to the policies of the federal I 1 farm board and in company with senator arthur capper of kansas went before chairman stone and carl williams of the board to urge that it change its stand con charles curtis berning its wheat holdings the two kansans kansana argued for hours that this wheat should not be on the market until tit the price reached 85 cents but mr air stone refused to make any such pledge ile he did state however that the board would not offer any of its wheat at the present low prices but he made it plain that the board would abide by its policy enunciated july 1 which was that it would feel free to sell up to a cumulative maximum of five million bushels a month tor for the next 3 ear mr curtis activity in the contro versy over the boards wheat holdings has bus been interpreted as indicating a desire on his part to avoid for the vice presidency and to run for the kansas which he formerly held when asked about his political plans he replied not get anything out of me for at least three months senator watson of ID indiana dlana republican leader of the senate also has been trying to influence the farm board arguing for 92 cents which Is said to be the average price paid by the stabilization corporation for its wheat as the figure below which the board should not sell senator william wililam E borah insurgent republican of idaho and chairman of the agricultural committee named at the progressive conference last march has insisted that the board defer all sales until wheat goes to OF STATE STIMSON S SECRETARY is having a pleasanter plea santer time on oil his european vacation than has fallen to tile lot of secretary of the treasury mellon starting too late to get mixed up op in the moratorium negotiations mr stimson arrived at naples tuesday on the steamship conte grande accompanied by mrs stimson lie he was met by ambassador garrett and following a visit to pompeii and bercu laneum went to rome by automobile thurmay evening he called on premier mussolini at the palazzo venezia and later met him at a dinner given by the american embassy in mr sons honor the ruins of the ancient roman forum just beyond the caal api toline hill were brilliantly lighted up at night the secre european vacation will last two months and he will devote considerable time lime to au an investigation of conditions on the cont continent iDent R JOSEPH I 1 dfrank DR france for m e r united states senator from maryland evidently was in deadly earnest when recently he be announced that he was a candidate for the republican nomination ti IB t avas for the aia dency in 1932 already he has started on his campaign and or dr J 1 I france summer his many friends are helping to the extent of their powers the doings began with a public meeting 1 at mount ara ararat rat farms the doctors country estate in cecil county maryland very soon it Is expected he will make a tour through the grain states of the west assisting france in getting his campaign under way are jonathan bourne former senator from oregon and head of the republican publicity bureau during the wilson administration and lyle rader who Is described as a prominent new york chemist and bible speaker doctor france says gays that on his bis trip in the west he will give his bis reasons for seeking the presidential nomination and will discuss the grave world crisis and its remedy through the application of the principle of righteous ness to economic social and international problems the convention of the B BEFORE great lakes hudson waterways asso association clation in albany N t Y senator copeland and representative hamilton fish of the empire state and various others attacked the proposed st t lawrence ship canal ano urged that congress begin its as soon as possible the construction of all american waterway i from the great lakes to the atlantic seaboard by way of f the mohawk valley and tile hudson a as 8 a 4 means to relieve unemployment lt it was declared by the speakers that the st lawrence canal was considered only because the farmers or of the middle west wanted it for an outlet for their surplus grain and mr fish said the russian wheat situation now makes the building of a ship canal through canada a fantastic myth 11 HOUGH it to la un pa T THOUGH der stood in route rome sf that pope plus pius and premier mussolini have both decided to t avoid any precipitate action in their controversy they continue to hammer at each other with encyclicals als and newspaper articles the pope steadily maintains that the mgr borgon church Is suffering calill ducal duca persecution at the hands of the fascist rulers of italy but for the present at least he will not consider the withdrawal of the papal nuncio to rome mgr borgon clot duca the nuncio for his part has been doing all he could to bring about a peaceful settlement of the quarrel the popes latest encyclical dealt severely with the fascist position on cin the education of youth and ft as characterized by th italian press as al a return to the medieval conce inions bout about the respective authority of the church and state copies of the document were not only distributed in the churches of rome but also were sent ent out of the country by special couriers which action drew fascist ridicule there will be another war MAYBE in south america before long dispatches from asuncion paraguay Far Var aguay said that senor guachalla Gua challa wi minister nister from Boll bolivia vla sent a note tv a the foreign office declaring he bad been ordered by hla his government to suspend diplomatic relations between he two nations tile the paraguayan goern government ment replied with the announcement that it had ordered its minister to 0 bolivia to return home dont ask what its all about peru has been having a little war of its own government versus revolutionists the other day the rebels were defeated tit at Huam butlo and the city of cuzco their headquarters was taken the re thereupon led fled to the jungle and probably little more will be heard of them r M quarrel with the church of rome la Is now centered in the state of vera cruz crux and the prospects of a peaceful settlement are growing more and more remote in protest against the recently enacted law of va the state limiting the number of 0 prints priests rt RE Bishop Valencia rev rafael gulzar guizar valencia bishop of vera cruz has instructed ted all catholics of elie state to abstain from attending dances theaters and other festivities until the conflict between the church and government Is ended the bishop also has instructed ted his priests to keep their churches open even it if the state forbids services conducted by priests STALIN has made public i JOSEF the new policy of soviet russia in dealing with the bourgeoisie and the kulaks kolaks of well to do farmers these classes hitherto suppress suppressed eil persecuted and exiled are now to be concil conciliated to an extent if they will consent to operate cooperate co with and labor for the soviet regime the rulers of russia have discovered that the brains and skill of the old order are needed to meet the growing demands of agricultural and industrial development As part of the elie new order of things stalin also presented a program entailing radical changes in the governments policy toward labor and industry to insure the success of the five year plan D rockefeller celebrated JOHN his bis ninety second birthday quietly at his home in tarrytown N Y the only event of the day was a family dinner attended by mr and mrs john D rockefeller jr their married daughter abble and her husband david milton together with four other rockefeller children to the press mr rockefeller said these occasions offer me a very welcome opportunity first to express my gratitude to the many many friends who not only at this time but throughout the year have shown their kindly regard tor for me and second to wish t them h em and theirs and all the world a large measure of health and contentment tent ment which are the basis of real happiness BILLY dally BURKE of greenwich conn professional golfer whose real name Is burkowski he Is a pole iole Is the new dew open golf champion of the united states wearing the crown which lobby bobby jones laid aside in the n tournament p 4 u on the inverness course coarse at toledo billy 31 burke burke and george yon von elm of detroit tied for first place with cards of next day they undertook to play off the tie at ag holes and agal again 0 if tied ed so on monday the second playoff play off was staged and burke won by a margin of one stroke finishing the longest tourney in golf history burke had a total of strokes for the holes played in the five days of their battle and von elm had this was slightly over an average of 4 for each hole T THOUGH HOUGH max ng of germany won a clean cut victory over willie stribling in their battle in cleveland defending hla his heavyweight title he Is still out of favor with the new york state boxing commission chairman J A farley of blat ih at body Is quoted as saying ng will never meet another boxer in new york as long as he refuses to meet jack sharkey again the new york commission gave the title when sharkey fouled hari but according to parley farley it does not consider him the he champion NOTABLE among the deaths of the week was that of john walker in Bro brooklyn oLlyn for many years he was often in the public eye its aa a soldier business man writer and editor and crusader tor for world peace the duke of aosta aasta cousin of tile king of italy also passed away to the great sorrow borrow of the italian people ile he won considerable fame in tile the gerld war a 1911 1931 western newspaper union colonl |