Show news VIC 11 review of current events the world over business and industrial conference called by president hoover smoot predicts revision of revenue law walker case developments by EDWARD W PICKARD an fn N THE nature of a culini culmination nation of 1 his bis program for economic recovery will be the conference which dent hoover has called to open august 26 20 in washing iss ton those summoned are the members of the business and industrial du committees WI recently set up in the twelve federal reserve districts and V the purpose announced by sir mr hoover Is to start a concentrated 4 cent rated campaign auada giong along the g whole eco franklin comic front fort continuing the pres pre 9 ident said the con ference will deal with specific broj acts where definite accomplishments in business agriculture and employment can be attained and will co ordinate the mobilization of private and governmental instrumentalities to that end committee chairmen find aud officials who were to hold the preliminary organization meeting were carl p dennett boston owen D young toung new kew york george U houston philadelphia L 1 B williams cleve land edwin C graham richmond george S harris atlanta sewell L avery chicago J IV harris st louis george D dayton minneapolis joseph F porter kansas city frank kell dallas K IL kingsbury san francisco secretary of the treasury mills secretary of agriculture hyde secretary of commerce chapin secretary of labor doak eugene meyer governor of the federal reserve board atlee pomerene chairman of the reconstruction fl nace corporation paul bestor chairman farm loan board franklin fort chairman federal home loan board and james C Q stone chairman of the federal farm board much Is expected to be accod by the home loan banking system created by congress of which franklin fort of new jersey has been made chairman in a radio address mr fort explained that the home loan banks will have the power to make direct loans on first mortgages up to the same percentage of the value of the property that they may loan to institutions we shall all be greatly disappointed he be continued if the home loan bank system does not put under the real estate and mortgage structure of america the type of underpinning which not only will prevent its collapse in these troubled times but will form a foundation tor for the continued expansion and growth of home ownership the machinery of the new organization which will be set up as soon as the board decides upon the sites for the establishment of the eight to twelve home loan banks provided by the law Is designed primarily to advance loans to building and loan as savings banks and insurance companies in the mortgage field SMOOT chairman of the S SENATOR senate finance committee realizing there are many inequalities in the new revenue law expresses the opinion that congress when it reconvenes will find necessary a revision of that measure to fit business conditions as they will then exist and he be believes the plan of a general manufacturers sales tax will be revived personally said the utah senator 1 I think that the bottom of the business depression press IOD has been reached and t that hat conditions are getting better everywhere in the country 0 the chamber of commerce of the united states has announced formation of a special committee on taxation to examine the manufacturers sales tax and other possible sources of federal revenue as a means of curing inequities in the taxation system as set get up in the last session of congress PRESIDENT CURTIS was VICE formally notified of his bis a tion by the republican party at his home in topeka nan kan the ceremony was notable for fop its simplicity for charlie had said he did not wish his bis friends and neighbors to go to a lot of expense there were no parades but the topeka post band of the american legion played and the same game post provided a color guard senator dickinson chairman of the notification committee spoke for about ten minutes and air clr curtis then delivered his address of acceptance an effort that received high praise from his bis fellow republicans TRIMBLE bleik of the he S SOUTH house of representatives decided that speaker garner carrier and represent and that it right active rainey were was mandatory on win him to make bake put pub lie the details of loans made by the reconstruction finance corporation since july 1 in this ibis he disagreed with president Il hoover who dolight to avoid this publicity and who thought further congressional notion action was necessary if the transactions were not cot to be held as confidential by the clerks of the senate anil and house 4 ITE distinguished engineers will pass on all applications for loans for self liquidating projects as provided for in the relief act carry carrying inga a fund of for construction work to aid the un employed at the head of this commit Is tee of five Is dr charles ditlif dm id marx one of the foremost engineers of califor Call for nia lie he Is a per personal ional friend of Il president resIdent ir M aa flomer IIo who esteems I 1 q at him highly and has utmost tit molt confidence to in dr C D marx his 1119 ability to handle the ng big jub job put in his hands doctor marx nho was born in ohio in 1857 was iras educated in ornell nn hersity and in Ceri germany nany ile ie was united states assistant engin cei on an Misso missouri url river improvement fifty years ago and afterward w ard was on the faculties of cornell wisconsin W Iscon sin and stanford universities his home Is in palo ialo alto 0 ONE nn of the strange developments of the times Is the farmers strike that was started in iowa for the purpose of forcing higher prices for farm produce and that spread to some extent in other states of the central west the iowa farmers undertook to compel all agriculturists of the state to withhold their products from market and in some regions notably about des moines picketed the highways and stopped nearly all trucks carrying vegetables and live stock to the city deputy sheriffs were instructed to keep the roads open but few farmers cared to run the blockade city milk distributors obtained sufficient clent supplies by train but urbanites had t tc rely on home gardens for their vegetables in north dakota the farmers united to withhold their wheat from market until the price shall reach 1 a bushel and their leader said this movement had made progress in eleven states plans tor for financing Dancing fi the threshing bills of farmers who promised to hold back their wheat were being worked out M JIMMY WALKER of new i york put in another strenuous week trying to convince governor roosevelt that he should not be removed from office 41 the elamin examination aaion conducted by the governor went into all facts connected with walkers relations with russell T sherwood who handled A the mayors financial affairs and has long A been missing and with many other charges made by mayor walker samuel seabury during the questioning there was a lot about an unnamed woman who was unofficially admitted to be betty compton an actress now living in england the evidence before the legislative committee had shown that this person whose name was not then revealed received a check tor for from a brokerage account of mayor walkers and that cash and stocks valued at were turned over to her from the various accounts of sherwood the mayor in hla his testimony referred to the unnamed person a as 9 having been his personal friend lie offered to explain his arrangement with her as it was expressed on one occasion but the governor refused to permit an explanation throughout the t trial r I 1 a I 1 governor roosevelt has shown a commendable determination to get at the truth and frequently found occasion to squelch walkers counsel john J curtin to the layman at a distance it seemed that the efforts of the attorney did nothing to help the mayors case to put it mildly supreme court justice staley issued an order compelling com peling roosevelt to delay his decision in the case until after a hearing bearing on a writ of 0 injunction 1 and there was a good prospect et that eliat court proceedings would block removal of the mayor if that Is decided upon by the governor until after the presidential elect election lon of interest to all the country NEWS neame came from englewood N J there in the morrow home a second son was born to col aud and mrs charles A lindbergh and it was announced that mother and child were doing well the happy event came live five months and sixteen days after the of the first lindbergh boy from their home in hopewell colonel lindbergh issued a plen pica to the press not to IT invade the privacy of his houie home feeling that the publicity to which the family had bad been subjected was in largo large measure responsible for the tragic death cat of their first child a that theodore roosevelt R RUMORS governor general of the philippines would be called home to take part la in the presidential on oil behalf of air hoover were strengthened when it was announced that john 11 holliday of st louis mo had been appointed vice governor of the islands by the president lie he has been acting as legal adviser to colonel roosevelt the mo m managers of the republican campaign felt that a few speeches in the middle and far vv esterh states by gov arnor general roosevelt would greatly help the hoover cause because it had bad been found that many voters out there were going to cast their ballots for franklin D roosevelt under the impression pres slon that he Is 13 the son of former president roosevelt to whose memory memdry they are devoted on the first time in a year and a ohalf FOR half president hoover took look a vacation but it lasted only a few days lie he spent the first part of the time on the commerce department boat sequoia fishing in the waters of the chesapeake and he and his companions caught a lot of fish and had a good rest wednesday evening the president landed at annapolis whence he be motored to the white house and then went on to the r camp OAL mine fields of central and C COAL southern illinois were greatly disturbed following the acceptance by the union of a compromise 5 3 a day rate many of the miners rebelled against this and there were mass meetings and picketing activities that gave the authorities much to do joe colbert Col bort a union official at orient and one of the protesters was called from his house and shot to death many of the larger mines reported that they were operating with full forces at the reduced scale TATE politics in new york Is getting getling s STATE lively and the republicans are preparing to select their candidates at the convention which meets in september to oppose united states senator robert F W wagner a g n e r democrat who seeks reelection election re it Is likely charles S f whitman will be picked by the G 0 P ile he Is a veteran in politics h having a v I 1 n g been elected governor in 1914 and reelected re elected two years later but lie he was defeated in c S whitman 1918 by alfred E smith since when lie he has not cot held or sought office mayor rollin B marvin of syracuse Is another possibility tor for the senatorial nomination for the republican nomination for governor the most conspicuous aspirant to date is col william J donovan of buffalo who acquired the nickname wild bill in the world war ile he commanded the old fighting six ty ninth and won the congressional medal of honor the distinguished service medal and other decorations during the coolidge regime he was assistant attorney general WITH economy in mind italy Is about to reorganize her navy and will retire about tons of her fighting ships these will include two battleships three heavy cruisers nine light cruisers twenty five destroyers and a dozen submarines all reasonably old but still within the age limit the ships will be stripped of their crews but not immediately scrapped in this condition they will continue to serve as a bartering point when hen the world disarmament conference resumes guines its discussions at geneva switzerland ze this fall EN KURT VON schleicher GEN Gm minister InIster of defense in the von cabinet Is moving steadily toward realization of his ambition to become master of germany R reports e p 0 r t a from berlin intimate that out of the political chaos may emerge a new government with that st at r 0 n g man as chancellor an and d franz bracht as premier of the state of prussia von schleicher Is much more highly regarded than von gen von by the junkers schleicher who have been urging urgia that all pretense of parliamentary government be dropped adolph hitler leader of the nazis in conference with president von alln u lenburg denburg demanded not only the but the power assumed by mussolini after the march on rome this the aceil president curtly refused but he be did offer to make hitler vice chancellor and give bis big party other cabinet odices hitler would not accept the minor post preferring to remain opposition as the p prophet of the nazis the national socialists cia lists thereupon began an attack on the von government and they now have the assistance of the corn munis ts numbering some the latter decided to institute a na tion wide strike to force the government to take action for relief of unemployment BIO AYALA AY ALA who has become eus pE president resident of paraguay is as firm as his bis predecessor to in determination not cot to yield to the demands of dolivia bolivia concerning the gran chaco but in a public statement lie declared that war between the two nations over that issue would be an absurdity which was encouraging for the cause of pence peace 0 MS 2033 western newspaper New paper U union naon |