Show review of current events SEVEN BILLION PLAN president proposes huge spending and loans program demands united recovery action awn I 1 7 4 t pw 4 A AV because a federal statute prohibits taking of a foreign vote in the united states or its territorial waters the crew of the german liner hansa voted on the question of austrian an with germany while the ship was in mid ocean en route to new york here is the scene in the public room of the liner during the balloting seated is purser karl Ze plein who registered the voters of the crew voted jah six voted nein and one vote was voided A tu we y summarizes THE WORLDS WEEK 0 S western newspaper union lend and spend plan CONGRESS was asked by president roosevelt to authorize the spending and lending of a grand total of seven billion dollars in a special message in in which he set forth his new program for recovery and relief ignoring the expressions of various leaders in in opposition to such vast expenditures mr roosevelt said our capacity is limited only by our ability to work to president preside gether ger what is roosevelt rooseve needed is the will the time has come to bring that will into action with every driving force at our command and I 1 am determined to do my share the president declared that the will to operate cooperate co places on all of us the duty of self restraint and that there can be no dictatorship by an individual or by a group in in this nation save through division fostered by hate such division there must never be three groups of measures were proposed the first involves mainly additional appropriations for the coming fiscal year as follows one billion two hundred and fifty million dollars for the works progress administration for the farm security administration for the national youth administration for the civilian conservation corps and the already made available to the reconstruction corporation for lending to business enterprises in a second group of measures mr roosevelt asked three hundred million dollars for immediate expansion of the housing and slum clearance work of the united states housing authority for public works loans loan s and grants an additional for public roads an additional for flood control and reclamation cla mation projects already authorized and an additional for federal buildings A third group listed by the chief chie f executive referred to private credit it involved of of gold and a reduction by the federal reserve board of member bank reserve requirements which would add another to the credit resources of the nations nation s banks with these actions mr roosevelt coupled a simplification of security commission regulations to expedite small business financing congressmen vexed W HILE committees of the sen ate and house were s still till trying to reconcile the widely differing versions of the tax bill passed by the two houses president roosevelt sent to the chairmen a long letter urging retention of the tax on undistributed P profits r which had been eliminated by the senate many members of con L ah gress thought the C chief h I 1 e f executive sen harrison was intimating that he would veto vet 0 the bill it if this feature were 0 omitted mitt ed that would leave in effect the present law carrying a severe tax which has been widely attacked as one of the causes of the prevailing business depression the intervention by mr roosevelt at this time and in this manner was considered unprecedented and aroused many expressions of amazement and indignation especially cia among the senate conferees senator pat harrison their leader and the chairman of the senate finance committee 0 obviously displeased said the president is entitled to his views of course he accords to every one else the same right to theirs the views expressed in his letter do not coincide with the sentiment expressed by the overwhelming majority of the senate my vie views ws are well known and need not be repeated again in detail the senate conferees will insist in conference on the amendments adopted in the senate 1 I believe that the repealing of the undistributed profits tax and the modifications of the capital gains tax as adopted by the senate will help business at the close of his letter the president said the repeal of the undistributed profits tax and the reduction of the tax on capital gains to a fraction of the tax on other forms of income strike at the root of fundamental principles of taxation business will be helped not hurt by these suggestions new french government FRANCE RANCE has a new government headed by edouard deladier Da ladier who succeeded leon blum baum as premier after the fall of slums blums popular r front Dala diers cabinet is the first wholly zionist one since the leftist landslide of 1936 not one of his ministers is even pink and there are several outright conservatives serva tives most sig IJ inny Ny cant ant of his se ufa s i sections is georges bonnet former am georges cassador bas t to 0 t the h e bonnet veiled united states as foreign minister his choice for this key post means synchronization of french foreign policy with that of great britain the opening of negotiations tiati ons with mussolini and complete abandonment of the spanish sh republic in its war with francos insurgents blum was thrown out because he asked broad powers to rule by decree but the parliament acceded to a similar demand by deladier baladie Da ladier r and then adjourned until may 1 leaving deladier Da DaI ladier adier with practically dictatorial powers to deal with the nations financial and economic problems the new premier started immediately on efforts to end the wave of strikes which were really based on political motives first he obtained a settlement of the strikes in the nationalized aviation factories offering a pay increase in exchange for longer hours he then promulgated by decree a law making I a secret ballot obligatory in every factory where conflicts arise if a majority of the workers decide for a strike they must evacuate the factory which then would be neutralized pending arbitration if however the strike is rejected by a majority the armed forces of the nation will be at the disposal of the employers to keep the plant operating era ting horner Is winner GOV OV HENRY HORNER won his VJ s second great victory over the chicago kelly nash machine in the illinois democratic primaries almost all his candidates were nominated and the governor appears to be now in complete control of the party in his state his cobos co bos boss s is states attorney thomas J courtney of chicago the triumph of horner attracted nationwide nation wide attention it even led to a proposal that he be the democratic party for president in 1940 this was launched in congress by representative L F ar nold democrat of illinois jones ready to loan ESSE JONES chairman of the J JESSE now has to lend to business men states and cities andee asked the bankers ot of the nation to turn over to his corporation po ration the loan applications they cannot meet the security put up by borrowers must be reasonable he declared but naturally we e expect to make loans which the banks consider slow frozen or jones said he expected the loans would make capital investments more attract attractive attracts i ve and would also forestall foresta 11 sacrifice disposals of surplus stocks in his insistence on reasonable security however he warned that were not going to lend all the money in the country no peace for labor A NY lingering hopes that tha t the tv american federation of labor and the committee for industrial organization would end their civil war were dispelled by john L lewis announcement that the C L I 1 0 was to be made a permanent organization probably under another name to bring this about a convention of the 39 lewis unions will be held in the fall the time and place were left to a committee consisting of philip murray and sidney hillman newly elected vice chairman of C 1 I 0 the heads of the C 1 I 0 unions hearing congress might adjourn by may 14 adopted a resolution declaring that our members will necessarily have to consider it a dereliction of duty and betrayal of labor for congress to agree to adjourn prior to enactment of a complete legislative recovery program wheat allotments THE HE agricultural adjustment adl ministration announced it had allotted acres to 42 wheat producing states under the 1938 farm program individual acreage allotments will be based on planting and diversion during the past ten years farmers who comply with acreage allotments will receive benefit payments of 12 cents a bushel for the average yield on the allotted acreage A penalty tax of 90 cents a bushel on acreage in excess of allotments will be deducted from any benefit payments due farmers this year the AAA said no deductions duct ions will be made for exceeding wheat allotments if operating cooperating co farmers reduce other soil depleting crops so as not to exceed the total soil depleting allotment for his farm acreage allotments for princ principal ipa i I 1 wheat producing states included iowa kansas minnesota nebraska north dakota south dakota will defend peace pan AMERICAN day was marked by an address by president roosevelt broadcast throughout the world in which he warned all nations that the peoples of the american americ rep republics uban will not permit aggressor nations to threaten the peace of this hemisphere all of them he asserted are firmly resolved to maintain peace though this might entail sacrifices even the sacrifice of life he reiterated this count rys good neighbor policy in its relations with central and south american countries and cited this hemispheres successful demonstration that the rule of justice and law can be substituted for the rule of force hitler s big victory bewer F EWER than germans and austrians Aust rians had the courage to vote no in the plebiscite on germanas germanys Germ G ermanas erm anys annexation of austria nearly N early qualified voters went to the polls and gave their approval of the an and thus 01 adolt adolf hitler scored a tremendous victory greater than even his lieutenants had expected this is the proudest hour of my life adolt adolf hitler atler said the fuehrer fuehr r when told of the vote and the nazi leaders all were w ere jubilant and with reason they said the demonstration of G german e aman unity showed it was time to liberate 1 our german friends in czechoslovakia and that they were ready to obey hillers Hit lers orders blindly it was forecast in berlin that hitler would proceed at once to expand and modernize the austrian army and strengthen Aus frontier defenses and vienna believed the anti jewish program would be intensified fied orville wright weight honored M ORE than of americas leading figures in aeronautics gathered in detroit on anthe the invitation of henry hen ry and edsel ford tc pay tribute to orville wright first man ever to fly an airplane the celebration dedicating the newly restored group 0 of f wright buildings at fords greenwich greenli ch village was in honor of orville wright and li in L i memory of his brother wilbur who died in 1912 2 dedication of the wright home and bicycle shop in which the first firs successful man carrying airplane was built was the chief event eve nt ol oi the day |