Show news review of current events the world over senator harrison voices demand for monetary inflation wallace warns the farmers japans demands for bibb bigger ger navy by EDWARD W PICKARD ANKERS business men and many B BANKERS other persons espee especially lally southern politicians clans believe inflation soon boon will be here in full force the financiers are trying to guess when and in what va form it will come 4 and the southern senators and congressmen are urging straight out currency inflation which latter president roosevelt has teemed seemed desirous ot of avoiding as long BAA as possible ot of course we already have a senator degree ot of inflation pat harrlson harrison shown by the declining price ot of the dollar on foreign exchanges a few days ago it reached the lowest level in fifty btty years but this la is not cot enough for the downright iffla zionists great pressure was brought on the president the leaders la in this being senator pat harrison of mississippi chairman of the senate finance committee senator fletcher of florida of the banking backing and currency committee senator thomas of Okla oklahoma boma and representative byrns of tennessee house majority leader harrlson harrison predicted adoption of new administration monetary policy la in the near future indicating it would be in full swing swine by mid october when the movement of cotton from the farms reaches its peak if the administration does not act before congress meets he said congress will III compel adoption of an inflationary policy and not leave it to the discretion of the administration as was the case with the thomas inflation amendment ment declaring that the dollar Is too high and the price of gold too low the mississippian proposed an inflation pro pram gram that would include some or all of these methods L issue treasury notes 2 raise he price of gold in the domestic market S purchase silver and issue treas nry cry notes against it regardless abeth m french and british operation cooperation co could be obtained 4 create a dollar stabilization fund to force the value of 0 the dollar down and to keep it there washington correspondents said the administration was planning to act in accord with a report from the presidents secretly appointed committee of monetary experts which whid Is opposed to radical inflation its proposal Is that about november I 1 an agreement shall be sought between the federal reserve board and the central banks of europe for the immediate stabilization 0 of american british french and german currencies by a process of pegging them to one another the dollar dellar would be pegged at a point between 70 and 80 cents president roosevelt maintained silence on OD the matter of 0 inflation but was especially concerned about the welfare of the farmer by his diree con the reconstruction finance corporation po ration made available to the fed eral era land banks another iother af to assist in the immediate re financing of farm mortgages held by banks whose operations have been restricted by heavy portfolios of such paper this step it was believed would help toward boosting prices tor for farm arm produce JOHNSON and administrator his co laborers finally succeeded in producing a code for the bituminous coal industry that was accepted by all the operators except two small groups ind and by the miners unions and was approved by president roosevelt the principal points in this code are I for fixing filing of minimum prices prescribes ft a maximum 40 hour work week sets basic minimum wages tor for un f der er ground workers ranging roin froin to 63 in 16 districts recognizes right of miners to or anize creates regional and national boards to govern the industry and settle labor disputes the sale of coal at less than fair air market prices li Is forbidden and these prices price are to be determined by regional marveling mar kelIng agencies and subject to government review the labor provisions prescribed by the are contained intact in the code also the workers are given the right to elect their own check men and are not to be b required by their employers to live la in company rented houses or to trade in company stores PEAKING to the convention convection of the S grain and feed dealers national association in chicago secretary of 0 agriculture wallace uttered altered the warning that all plans tor for fixing prices of agricultural products must most surely fall unless the law of supply and demand is complied compiled with farmers Fan ners he declared must control production and if they do not even inflation will no not save them ile he said gald the production control measures already adopted by the governments government such as the plowing under of cotton the curtailment of wheat acreage aage and the slaughter and I 1 total destruction of 0 OW little pigs will bring about a substantial rise in agricultural prices soon after january 1 ait if not before but this certainty the secretary added had brought from the farmers a great cry for immediate price fixing to tide them over the ensuing three or four months the general tenor of his remarks indicated that he be was opposed to taking any such action but that the government was standing at the crossroads of economic policy and might have to listen to political clamor after conferring with the secretary ot of agriculture and the heads of the farm and relief administrations president roosevelt announced that the government would spend to buy surplus food products and cotton and give them to the needy who are out of employment AS A S SUCCESSOR to prof raymond ix moley in the position of assistant secretary of state president roosevelt has turned to the ranks of the more practical politicians and selected robert walton moore a man of I 1 long 0 n g experience mr moore Is a native of fairfax va where he now resides and Is IR seventy four years old ey by profession he Is a lawyer ile he was elected to the sixty sixth congress to fill out a vacancy and was re R R w W moore M elected to cacti suc beeding congress until the seventy sec ond end he then retired to his home during the world war he was assistant general counsel of 0 the united states railroad administration ile he Is also a regent of the smithsonian institution in washington mr clr moore Is an old friend of 0 secretary of state hull aull and presumably will be able to act in accord with the secre views better than did professor bessor moley captured two mare estates Rs states tates new mexico and idaho these being the thirtieth and thirty first to turn thumbs down on prohibition by november 7 eight other states will have voted and there Is no DO reason to believe that the wets will fall to win in at least five fire of 0 them I 1 all that la Is necessary to remove the el eighteenth amendment from the constitution ution in new mexico the vote was about three to one in favor of repeal only two of the 27 counties showing a majority in favor ot of the prohibition law idaho however was much closer the drys there making a showing of strength second only to that in tennessee the majority in senator boraas domain was only approximately five to four attorney general homer cummungs handed down a decision in washing ton that permits bankers to finance the wholesale manufacture of liquor preparatory to repeal the statesmen of europe wand and the united states are preparing for or reopening the disarmament conference there Is great interest in the naval plans of japan mineo osumi naval minister of the island empire has announced that his country k N 4 will seek a revision of ratios at the alie next international conference so that japan will be permitted to build nearly up to parity with great britain and united states mineo OSUMI lie ile holds that under present conditions the defense purpose of 0 the japanese navy Is impaired and that more warships are required to protect the empire from outside attack 8 counteracting this somewhat are statements from koki El frota the new foreign minister and capt gumpel spokesman for the ministry the former asserts that japan la Is striving for the best possible relations with all foreign nations especially the united states china and an 1 russia captain declares japan has no intention of challenging america to a naval building race although it ft will ask permission to construct a larger navy the Ja japanese navy Is defensive not aggressive asserts the japanese public does not w want a n d war we want honorable co onerato we do not want to be oppressed oppress rd or als graced no happiness corots comes out of war but when pressed to the wall we will fight ue he deplores dep lorea propaganda assert edly aimed at stirring up trouble between japan and the united states there Is no real reason for a war between america and japan says but there are many people who would like to see gee such a war I 1 have read many books and magazine articles the aln alm of which beems to be to stir up bad relations between japan and america I 1 hope the people of america will ija not be misled by propaganda ESSE el JONES JONE S chairman ot of the JESSE nf C has hag told the bankers banker how the government through his corporation plans plan to gain complete control of the national banks this will be obtained by ownership ot of the preferred stock of the banks and the scheme envisages agents directing bank policies electing directors hiring and firing officers directors and employees setting their salaries limiting their real estate investments and in general directing the operations of banks and civilians opposed to S SOLDIERS ramon grau san martin as president of cuba were reported to be mobilizing to drive him from office and the new revolt was wag momentarily expected expect eil to break out in ila iia vana in other parts ot of the island the op P were increasingly crea singly active and 4 altogether affairs in the republic were in a sad muddle As the renewed conflict J became more imminent the american J G laylin warships drew in closer to the capital city and established heliographic communication with the american embassy president grau gran was concentrating his cavalry and artillery about the presidential palace and his opponents were gathering arms and ammunition at the national hotel where army officers were beleaguered beleaguer ed soldiers loyal to grau gran were placing machine guns on adjacent buildings and training them on the hotel john G laylin a united state treasury expert who went to cuba with A A berli berle of the recently returned to washington with a report on the financial situation on the island what he told has not been made public but it Is a certainty that he found conditions very bad and that his report will have much to do in determining the attitude of 0 the american government the state department insisted there was no present intention of landing marines or blue jackets but the sudden sending of tour four destroyers from guantanamo to troubled spots was in dica dilative tive of the serious situation on the island mr null hull said that americans endangered in the interior should move toward the warships for protection among recent deaths la Is nabat NOTABLE that of dr annie besant leader of the theosophists of the world she passed away in madras india at the age of eighty six years death being due to the infirmities of old age she claimed to have been reincarnated many times since beginning life years ago leadership of the world theosophists was attained following upon a stormy life which began after she was divorced from an english clergyman deprived ot of her she became the champion ot of londona Lon dons poor a leader in political and social reforms and a strike organizer her attention then was directed to the re uylous movement DERLIN BERLIN was full of reports that 0 there had been a split between chancellor hitler and his right hand man capt nerman herman wilhelm goering Goerl ng premier ot of prussia these rumors were given body by the fact that littler hitler did not attend the ceremony at which goering installed in office the new prussian state council in the berlin university the 71 counselors who nho took the oath I 1 in unison included lead capt G e log ers of the nazi storm troops the army navy church art commerce industry and also the former g houses prince august withelm and prince philipp of hesse the impressive ceremony was witnessed by the crown prince and crown princess of italy the papel nuncio msgr orsenigo ambassador william E dodd of the united states and other members of the diplomatic corps but both president von hindenberg and chancellor hitler were absent the new council Is merely a consultative sulta tive body having no voting powers because as goering explained that Is a relic of which he declared had been ees destroyed troyed by nazism together with the same day foreign minister von neurath expressed germanys germanas Germ anys determination mi to obtain security and equality in weapons of defense or withdraw from the arms conference in parla paris the representatives of the united states great britain and france held conversations preliminary to the resumption of the disarmament conference the main topic being frances proposal for rigid and permanent control of arms which must be tried over a period of years before she will consent to disarm engelbert ENGEL 13 nERT dollfuss C of austria physically small but mentally something of a giant seeks to straighten out the troubled affairs of his country by following in the footsteps of premier of italy ile he has espoused fascism and formed a new cabinet of personalities q in which he and capt emil fey of 0 the fascist helm belm wehr are at the top vice chancellor franz winkler leader of the democratic agrarians arians and karl who was war minister in six teen teco cabinets are excluded dollfuss Doll tuss himself holds five portfolios being chancellor and minister of foreign affairs agriculture defense and public security se cu rity 6 S wern uala |