Show news mows review of current events the world over france and germany create joint trade commission young chinese clamor for war with japan hoover s economy plans by EDWARD W PICKARD ETTER in europe worse in asia blittle BETTER little change in america so might be summarized the political anil and economic weather report of the week for or the world first place among the w events in europe goes to the friendly visit to berlin of premier laval antl and foreign minister briand of france they were in the grman garman capital two days and out of their conversation with president von nin denburg chancellor president von bruening Rrue ning and for hindenburg eign minister curtius grew a permanent mixed commission to pool the economic activities of the two nations this body will he be consultative sulta tive and will include both em players and employees and accor accord diw to the official its general purpose Is to light the economic crisis und and to call for operation cooperation co from other nations whenever necessary this action will be the first step to co opera tion which bas ha become the need of the hour and in which all are called to participate when one considers that france and germany have been bitter rivals for centuries and often active enemies this result of the berlin visit Is remarkable the commercial entente that Is being forced may well make future wars between the two nations impossible the commission will seek to promote trade and export agreements that will bring on a joint search for new markets its sponsors aver that no DO increase of customs tariffs Is expected and that no third party Is aimed at by the pact the immediate object Is operation cooperation co in finance industry shipping and aviation when president von hindenburg was told the french statesmen were to call on him the old warrior at first balked bec because aue his name Is still on the allied list of world war criminals second only to that of the ex kalser finally bruening and the french ambassador andre francois poncet persuaded him to receive the visitors and the meeting passed off without friction premier laval when be comes to washington in october will submit the franco german agreement to president hoover it was intimated in berlin berin that chancellor bruening also may come over to see mr hoover and lay itty before him germanys germanas Germ anys viewpoint on war debts and reparations RUCE to lo armaments for one year abe truce beginning inning november 1 Is the present aim of the league of nations disarmament committee modifying the italian proposition to meet the objections of the majority of the longue league members the committee adopted this resolution the assembly requests the governments invited to the disarmament conference to be held in ID geneva next february to prepare for this event by means of an armaments truce and accordingly requests the council of the league to urge the governments convened to said conference to give proof of their earnest desire e for a successful issue of efforts to insure and organize peace and without prejudicing the decision of the conference or the programs of proposals submitted to it by each government to retrain refrain from any measure involving an in crease in their armaments it likewise requests the council to rai ask the governments to state before november I 1 whether they are prepared for a period of one year as fr brou frou that date to accept this truce in ID armaments IT in the far east the dove of 0 OUT peace was getting hard usage prospects for warfare between japan and china were little lessened by the efforts of president hoover and the decided flabby doings of the league of nations council japan through its league delegate M K turned down flatly the plan for an la in ter national commission to inquire into the facts in the manchurian Manchur iao row the delegates words being befog foreign partial ct wang pants in the discussion are useless and my government does not think it necessary to call in outsiders he as sorted japan desired to withdraw its lt troops to the railway zone tone as soon as it was convinced its civilian population would be sate safe without their protection tec tion and added that hat japan did not want war with china neither does the chinese government want war apparently but the chinese people especially the students are clamoring for hostilities and for a nationwide nation wide boycott of japan as a preliminary because they thought foreign minister C Q T wang had failed in the effort to get help belt from the league of nations the students in invaded the foreign office and attacked mr wang injuring him No verelY after this outrage the min ister carried out his long cherished desire to resign alfred sze was at appointed to succeed him the young chinese gathered fathered in ID big mobs assailed japanese civilians in various cities the worst of these outbreaks being in hongtong Uong Hong kong the british garrison there was called out and charged the mobs repeatedly killing and wounding a number of the rioters throughout the country the students were organizing and volunteering to 0 o serve at the front against japan meanwhile the canton rebel gin eminent continued its negotiations for the lie union of nil all factions to meet the emergency OW coming home to the united N NOW states wu we read that president hoover Is hard at work pruning down the cost of the federal government in the effort to me meet the prospective treasury deficit of between a 0 billion and a billion and a halt half dollars according to washington dispatches his program contemplates a limited increase in taxes rl S ll fedS golous economies economics in i S yi government expends S A tures and congreso atonal appropriations sen hate hale and continued borrowing at lowest interest rates in many years the interest rate on the public debt it ft was pointed out Is much higher than the rate that con can be obtained on OD treasury paper at the present time on tuesday it was announced flint mr alomer bud bad decided to eliminate the naval building program laid out for the 1033 1933 fiscal year and to in addition to cut down the destroyer pro gram already appropriated for from eleven ships to five reductions tor for the navy over the next three years it was stated stand to run as much as one hundred million dollars this certainly will be a terrible blow to senator frederick sale hale of maine chairman of the naval affairs commit tee and those of his colleagues who belong in the big navy class whether they can do anything about it remains to be seen navy officials without wishing to be quoted point out that it if mr no hoovers overs economy plan Is carried out our navy will sink oink to third place by the end of 1932 when it will rank below that of japan in all but capital ships it may be remarked too that it do much good to the steel concerns the shipyards and their employees S SENATOR JAMES E WATSON of indiana majority leader of the senate has called to the attention of president hoover the fact that higher tariff rates may be necessary to protect american industries from the depreciated prec precia ted currencies of nations that have abandoned the gold standard these now including denmark norway and sweden mr watson says he believes that if the depreciated currency pr program continues for any length of time the tariff rates of the dawley smoot tariff act will he abrogated and it will be absolutely necessary to raise the rates from 20 to 25 27 per cent to overcome the lower production costs in countries now on the double currency standard canada already has taken such action there Is still a lot of agitation for the sales adles tax which senator reed of 0 pennsylvania advocates but treasury officials are quoted as saying there Is small chance for congressional approval of the plan this winter inter though they admit it might be workable the treasury Is opposed to balancing the budget through borrowing over any extended period of time or to ev even en temporary suspension of the sinking fund fond which provides for an orderly retirement of the public debt estates FOLLOWING the example of united 1 states steel and other big corporations the aluminum C company kompany of f america announced a 10 per cent reduction of salaries and wages effective on october 1 throughout the company and all its subsidiaries this concern to Is owned almost wholly by the mellon family secretary of the treasury mellon still a stockholder Is said not dot to have been informed that the cut was coming he declined to make any comment tills this action by the aluminum company further aroused congressman wright patman of texas who already had bad announced he would seek during the next session bession of congress to have mr mellon retti removed oved from office because of his bis stock ownership in corporations po rations putman patman says lie he has been watking all summer gathering data to sui got port his resolution for the m r of mr mellon the secretary lip he inserts Is directly interested in the business 4 of trade and commerce within the meaning of the old law he will cite mr mellon relinquished big position on the board of directors of the aluminum company putman patman said bald but as a stockholder b he e directs the board ula his brother represents him among the other large concerns that have just reduced salaries or wages or both a are re the delaware Lacka na western railroad the united states en Enie elope forie company and fairbanks morse co the norfolk western railroad nill road has taken a step that will win wide approval hereafter it will not nol employ any married women and any woman employee who marries will automatically lose her job SMEDLEY BUTLER was not GEN the only eminent american soldier to retire from active service at the end ot of september maj gen william lassiter also went on the retired list a after f t e r 7 more than forty years 1 of military service his last post being commander of the depan apartment ment of hawaii Us ue had served hla his country in so many foreign lands that he t was inas in as known as the I 1 ardys premier globe trotter born in petersburg mal maj gen va y 54 64 years ago lassiter lassiter when aben eight teen was appointed to the unite states ates military academy where he be graduated four years later he be first faced fire during the spanish amerl ameri can war an unusual amount of Las service has been abroad he be has served three airee times in the philippines ile he ills ns inspector general of the cuban pacification in 1908 and 1909 in 1910 he visited china japan and korea on leave during the lie world war lassiter served in france froni from 1923 1023 to 1920 lie he commanded the panama canal department part ment at the end of if ills big duty there he was ordered to south america as president of the commission corn mission on tacna arien arica in the same year lie visited europe and shortly afterward was assigned to the Ua hawaiian wallan department ERTAIN politicians who have been ic CERTAIN trying usually for their own selfish ends to create a boom for the nomination of calvin coolidge next year by the republicans received a quietus in ID the shape of an article by the former president published by the saturday evening rosl post in this he quite definitely denied any idea of seeking the lie nomination or of accepting it it if offered ott ered and urged that all good republicans support mr hoovers candidacy for a nomination re GENERAL DAVIS DA VIS of gibe GOVERNOR alie philippines has decided not to resign as lie he had intended but to take a leave of absence instead this was urged on him by senator oso me menn an and other lenders leaders of the fill fhi pino nationalists UT mr davis has long desired lesl red to visit hi wife and family in paris pans mrs davis Is III and cannot live lii fit the philippines so for the present there will be no more talk of giving his post to col theodore roosevelt now governor of porto rico new ambassador to M washington dr jose manuel puig casaurang Casau ranc has received the approval of the american government as persona grata and probably already Is on his way to his post at the national capital where he succeeds senor dr casaurang Casau Casa ranc urane Is 4 considered one of bla count rys ablest statesmen an and I 1 I 1 lie e h hai as V wl served at home borne as secretary of education and secretary of industry ru stry commerce an and d dr 9 ca labor it Is not likely I 1 tau sau ranc that he be will find in washington any problems at present that will give him trouble for our relations with mexico just now are entirely satisfactory S STOCK TOCK exchanges of the country especially that of new york were warned by senator james E watson of indiana majority leader of the senate that the upper house Is likely to adopt a resolution for an investigation of short selling and bear raids many senators continued senator N watson vatson are of the belief that brokerage houses should not be permitted to lend the securities of their customers unless either expressly ordered to do so BO by them or their consent Is obtained for that purpose they are of the opinion that an order of that kind by the stock exchange itself would be salutary at a time like this or failing lo in that that some legislation might be enacted that would compel the adoption of such a course they further believe that all short transactions should be thrown open to the public that the light of day should be permitted to shine in upon all their deals that the names of the individuals and the brokerage houses should be made public that the stocks dealt in should be made known and that all the details of each transaction should be subject to public scrutiny ONDON heard that the former L LONDON sultan and caliph of turkey hud had agreed to resume the duties of the call caliphate phate with certain temporal powers at jerusalem the plan which was conceived by the pa pan jai islam am leaders it was thought might wreck the indian conference and also leyhe the arob arab jewish quarrel in palestine LECTION of robert D johnson Jo linson ELECTION democrat to represent to in congress the seventh missouri district succeeding the late sam major gives the democrats seats in the house bouse the same number now held by the republicans p public ans there Is one farmer labor in member ember E 1911 western newspaper |