Show news review of current events the world over new temporary gold standard adopted ru russia asia accused of using b spanish sli war to rouse In interns terna dional discord bel belgium 0 aum ium abandons alliances by EDWARD W PICKARD 0 western ne newspaper shaper union TT T IS a new gold standard a A way of doing business which has never been tried before was secretary Morgen thaus characterization of the agreement just entered into by the united states great britain a i n and france whereby subject to 24 hours cancellation they will exchange gold for each others currencies financiers economists and business men were taken by secretary surprise by the move ag yg and 3 immediately gave it close study some were disposed to label the mari maneuver euver political expediency but experts generally said it was a logical step in the sequence of monetary events but not positively in the direction of stabilization the new plan mr said gaid differs from the old gold standard in that it will permit the export or earmarking of gold only to and between governments instead of private business institutions and traders the door is wide open said mr were not going out drumming up business but well welcome all other countries which want to participate according to the treasury department the united states alone will announce a selling price for gold france and england will keep their selling prices secret though there will be a free flow of gold between the stabilization funds of the three nations it was believed that great britain was the prime mover in this new pact As one commentator put it the agreement was made necessary when france debased her currency and placed an embargo on gold exports because great britain suddenly discovered that nowhere in the world was there left a fixed yardstick against which to measure international ter commitments and handle international exchange y SOVIET RUSSIA made a second determined effort to aid the be leagur ed government of spain and sustained a second rebuff ivan haisky russian ambassador to england handed to lord plymouth british chairman of the non inter bention committee a virtual ultimatum demanding immediate convocation of the committee to consider blockading the coast of portugal against arms shipments destined tor for the spanish insurgents it was understood in london that lord plymouth replied that athe if the proposition were seriously made it should be presented through diplomatic channels to the governments concerned the russian plan was for a blockade by english or french warships observers in europe are convinced that the soviet government does not expect the powers to agree to any such blockade as is is suggested but is chiefly interested in stirring up discord among the nations british foreign minister anthony eden after hearing of lord ply mouths reply made a speech at sheffield in which he pledged great britaina Brit ains unwavering support to the policy of nonintervention in spain he declared the government was determined to confine that tragedy within the boundaries of that country t leaders of the fascists were reported to have planned a steady steam roller advance on madrid and this offensive was already under way the defenders of the capital were hastily building fortifications in the suburbs and surrounding the city with trenches in oviedo the dynamite armed force of loyalist miners was still battling with the garrison and rebel troops sent to the rescue were about to enter the city MAURICE TAURICE french communist leader made a speech in strasbourg that is causing a lot of trouble he was charged with deliberately insulting adolf hitler and the berlin government entered formal protest the official nazi organ der andriff An griff says the speech was an attempt to precipitate war between france and germany and also that it was an attempt to overthrow the german teich reich and to achieve the definite of france for t the h e benefit of the soviet communist in the french rightist newspapers declare the therez incident was part of the russian communist scheme to throw france against germany so that russia will not be left alone to face any eventual german attack the rightists were even more vigorous in their accusations when it was learned that maxim litvinov soviet foreign commissar was secretly in paris F FIGURES made public by the american navy department show that since july 1 last every great naval conver except the united states has increased the number and tonnage of its war vessels in the ai 2 months from july 1 to september 15 the united states reduced the number of its ships from vessels totaling tons to vessels totaling tons great britain increased ships from 37 to and tonnage from to 54 japan increased ships from to and tonnage from 77 2797 to 1 france increased ships from to and tonnage from to italy increased ships from to and tonnage from to germany increased ships from forty nine to fifty three and tonnage from to the british foreign office announced that france and italy had agreed to sign that protocol of th the london naval treaty forbidding th the use of submarines except under strict limitations t which since the close bof u of the world war has been tied tight to france by a military alliance li lanc e has decided to drop that and all similar alliances and to rely for her safety on strict neutrality and a larger army king leopold so informed the cabinet telling the ministers that ger banys reoccupation of the rhineland practically puts us back where we were bedfor before the great king leopold war 11 geographical position he said makes it imperative for us to maintain a military machine of such size as to dissuade any neighbor from using our territory to attack another state the period of military service was extended from twelve to eighteen months belgium must pursue a policy exclusively and wholly belgian leopold said in any case our engagements gage ments should not go beyond keeping off war from our own territory belgium must remain outside sid e of its neighbors conflicts any policy of alliance with a single country would weaken our position abroad A purely defensive alliance would not meet the case because however prompt the intervention tion of our ally it would only come after the invaders blow which would be crushing A of the national ai maritime commission to declare a permanent truce in current contract controversies is challenged by the negotiating committee for the pacific coast maritime unions and members of those unions are instructed to vote on a proposal for a coast wide waterfront strike the maritime commission had peremptorily demanded that the pacific coast ports be kept open while it sent an investigator to san francisco to discuss the conditions which have long threatened to bring on industrial warfare in telegrams to president franklin roosevelt and the commission the committee said the commission had caused great unrest among the workers through its participation in negotiations between ship owners and dock and shipboard employees plo the seven unions claiming a membership of nearly workers are the international long shor emens association the american radio ts association the marine engineers beneficial association the masters mates and pilots of america the sailors union of the pacific marine cooks and stewards and the marine firemen Water tenders and wipers association S WILLIAM E BORAH 0 ci of idaho whose attitude in the presidential campaign is a matter of great interest to all parties has declared he would confine his attention to state matters but then being irked by some criticism from republicans republican he went further and said he was going after the republican party the veteran said he had been accused of not being regular 4 well what is a senator sn c ator bor IL regular he asked A regular is a man with no ideas who waits for someone to tell him what to do my idea of being regular is in doing what you believe to be right in the interests of the people you represent let this be understood im telling all parties republican democratic union im going to advocate the things I 1 believe in whether they cross party lines or not and discontent PESSIMISM p marked the mil session ot of the league of nations assembly the leaders admitting that little had leen been accomplished carlos saavedra lamas of argentina president of the assembly even asked if he might not raise the question whether civilization is on the verge of a final breakup the question of reforming the league covenant provoked a bitter controversy on whether nonmember states should be consulted russia was understood to be anxious particularly ticul arly to bar german influence and achieved a minor triumph since n definite action to solicit nonmember operation cooperation co was taken A committee of twenty eight was named to study reform proposals the assembly approved reports ot of its economic and disarmament committees mit tees the economic report carried a british proposal t to ci create a commission to study accessibility of raw materials the unit united ed states and other non members would be invited to participate the report of the disarmament committee approved the reconvening of the world disarmament conference at an early date URT chancellor K KURT of austria is taking his place among the european dictators in order to consolidate military power power in his own hands bands he decreed the dissolution of all private armies this being aimed especially at the fascist helm heim wehr headed by b y prince ernst erast von 4 Star hemberg T he prince directed his followers 0 to obey rit a the edict and major fey prince vo von rival for control of Star hemberg the e Heim wehr r called on the elements recognizing his leadership to preserve order the chancellors order also aff affected act his own catholic storm troops all the private troops were ordered consolidated with the austrian state militia this would increase aus official armed forces to about men the dissolution decree met strong opposition within the cabinet and was voted after three ministers had walked out ggs task now is to actually disarm the private armies it if he succeeds in doing this his complete control over austria may be e conceded it is recalled tt that hh as tt tt the e Heim wehr was ordered to disarm in 1931 that the government seized many we weapons a pons a and nd that a year later some Heim wehr men appeared fully armed and uniformed von Star hemberg may not be really squelched this time either it is a certainty that he has a powerful friend in premier mussolini of italy A A of palestine who had ra been on strike for days in protest against unrestricted immigration of jews were persuaded by the british to call off the strike which had been accompanied acied by great disorders and the killing of several hundred persons the arab high committee issued an appe appeal alto to arabs throughout the country to return to work quietly and this command was obeyed gene generally raLy sir arthur wauchope british high commissioner was said to have informed the british government that it was now safe for the royal commission of investigation to begin its work of inquiring into the grievances of the arabs according to a hebrew newspaper of jerusalem the arabs have arranged for backing by italian fascists for their aspirations also the moslem authority administering islamic church property is reported to be prepared to sell catholics a christian holy place on mount zion B R ASING its conclusions on a study lf covering the period from 1900 to 1935 the national industrial conference board finds that there is no evidence to support the theory that the burden of private debt upon business is excessive statements that private debt is absorbing wealth or is showing a changed chang and unfavorable relationship to wealth or that the depression was precipitated by an excessive debt burden are without factual basis the board reported interest charges have not net outrun the capacity to pay them according to the boards study which showed that the rates of growth of private long term debt and of interest charges from 1900 to 1935 were similar la to those of national wealth and national income since 1930 private long term debt has tended to decline only the public utilities have increased the amount of their outstanding debt but the board points out that no debt problem exists in the public utility field as a whole and that expansion of the electric light and power utilities has been on a sound basis with the industry in a sate safe position to meet interest charges the steam railroads taken as ek a whole are neither overcapitalized capitalized over nor overburdened with debt the board concludes ONE ONE of the worst typhoons in the history of the philippines swept across luzon island killing scores of persons and destroying villages at least perished and the authorities ties feared the death list would be much larger for four hundred were reported missing eighty two bodies were recovered from the city of cabanatuan alone |