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Show by with President Hoover. Probably all economies that might hit the constituencies con-stituencies or the favorites of any members will be left for Mr. Rouse-velt Rouse-velt to put Into effect through the extraordinary powers which the Democrats propose to confer on him. In the language of the street, they are passing the buck. Senator Eratton's amendment to the treasury-post office supply bill providing for a 5 per cent cut in appropriations, ap-propriations, and the Navy department's depart-ment's plans for maintaining the fleet efficiency by shutting down the pork barrel shore establishments caused a hurried lineup of the con News Review of Current Events tlie World Over Roosevelt Eseapes Assassin's Bullets but Mayor Cermak Is Wounded Senate Adopts Dry Repeal Resolution Reso-lution by Surprisingly Large Majority. By EDWARD W. PICKARD C HOT at five times by an anarch-1st anarch-1st In Miami, President-Elect Franklin D. Roosevelt narrowly escaped es-caped being added to the list of gressional supporters of the useless navy yards. But the two propositions proposi-tions put Chairman Carl Vinson of the house naval affairs committee In a quandary. He announced he would fight the Bratton plan in so far as It concerned the navy, and if it carried, he would -fight to have the navy yards at Boston, Charleston Charles-ton and Portsmouth closed down. SOMETHING concrete In the way of unemployment relief was dona by the senate when It voted to add $22,000,000 to the War department States but advantageous to both the United States and Great Britain. "Under such a settlement the United States would receive 2!)9,800,-0W 2!)9,800,-0W ounces of silver at the present market price of around 25 cents an ounce. Under the provisions of the act our government out of such silver sil-ver would coin 74,950,000 standard silver dollars. It would deposit them In the treasury and Issue and circulate against them $74,050,000 In silver certificates similar to those now In circulation In the United States. "As it requires only seventy-eight America's Illustrious Illustri-ous victims of assassins. as-sassins. Not one of the bullets struck It 1 in. but Mayor Anton An-ton Cermak of Chicago, Chi-cago, who was talking talk-ing with .Mr. Ifoose-velt, Ifoose-velt, was seriously wounded. Two other men and two women wom-en In the throng that was gathered In Bay Front park to w e 1 c o in e the President-Elect also Franklin D. Roosevelt if $ supply uui tor m.i-t for the purpose of enrolling and training train-ing SS.OOO homeless men and idle young men In year-round citizens' training camps. Senator Couzens of Michigan Michi-gan was the originator orig-inator of the part of the plan which is designed to provide pro-vide a home, food one-hiindredths of an ounce of silver In the coinage of standard silver dollars, dol-lars, there would remain, therefore, in the treasury, In addition to such 74.950,000 standard silver dollars, 2-n,."5.'!9,000 ounces of silver to be held In the treasury as security for the maintenance of the parity of the silver certificates so Issued." I VN'E of the eminent men called on to advise the senate finance committee, Dr. Herman F. Arendtz, a Boston economist, condemning any plan for "internationally managed man-aged currency," such as may be expected ex-pected to be put forth at the corn- Sen. Couzens were hit by the assassin's bullets and It was feared one of the women wom-en would not survive. Mr. Roosevelt had Just landed after his fishing cruise, had made a brief talk to the thousands In the park and was being be-ing greeted liy personal friends when the anarchist, Identified as Giuseppe Zangara of Ilarkensnck, N. J., fired at him at n distance of 20 feet. In the great excitement and turmoil Mr. lioosevelt remained calm and Insisted on taking Mr. Cermak Cer-mak to a hospital In his car. He remained over night on the yacht Nourinahal and visited the wound ed mayor next morning before leav- and something to do for a considerable part of the 300,000 boys who are said to be tramping about the country. The clauses providing that the lads be placed under discipline, required to drill, and limiting those received to Americans physically and mentally fit for community life were introduced intro-duced at the instance of Senator David Da-vid Reed of Pennsylvania. As the bill was drawn, boys between fifteen fif-teen and twenty-one years old will be admissible provided they can show that they have been without work for six months or more, and provided they can meet the C. M. T. C. entrance requirements as to citizenship and health. Ing International economic conference, confer-ence, declared that what we need is less credit and more hard cash. Silver Is the salvation, in this hard money campaign, he maintained. Its remonetlzatinn would be the engine en-gine priming that would, in six months, enable America to sell to the Orient between GOO and G50 million mil-lion dollars' worth of lumber, wheat, cotton and copper. First of the advisers heard by the committee was Bernard M. Baruch, who Is likely to be In the Roosevelt cabinet. He argued vigorously vig-orously against currency inflation and in favor of a speedy balancing of the budget, and urged the adop- lng by train for New York. All the world was shocked by the attempted assassination and messages mes-sages of congratulation on his escape es-cape poured In on Mr. Roosevelt, one of the first received being from President Hoover. Mrs. Roosevelt heard the news as she returned home frotn a club where she had made an address. Her only comment com-ment on learning that her husband was uninjured was: "1 am thankful." thank-ful." She did not change her plans, which took her next day to Utica to speak at a home and farm week cel- INVESTIGATION-1 of the election of John II. Overton as senator from Louisiana by a senate committee commit-tee that went to New Orleans gave Senator Huey Long opportunity for many characteristic outbreaks, and though he apologized frequently to the committee. Chairman Howell threatened him with action for contempt. con-tempt. Long's brother, now his bitter bit-ter enemy, and various other witnesses wit-nesses told of many instances of al leged corruption, graft and extortion extor-tion in Louisiana, and the retort of the "Kingfish" in nearly every case was "You're a liar" with profane trimmings. The charges involved both Overton and Long. JAPAN informed the world that u its negotiations with the League of Nations in the Manchurian dispute dis-pute had come to an end. The lion or a oeer rax and the repeal of the Eighteenth amendment. He also advised the federal leasing of farm acreage to curtail production, and this plan was indorsed by C. C. Tongue, former member of the farm board. Mr. Teagne, asserting that the collapse of the credit structure of the country was the fundamental fundamen-tal cause of the depression, urged federal guarantee of bank deposits, and in this he has the full support of Speaker Garner. George N. Peek, a manufacturer of Moline, 111., set forth his objections objec-tions to the domestic allotment bill, which Is doomed to death either in the senate or in the White House, and proposed a modification of the plan whereby curtailment of acreage would come after planting and before harvest, since "the variation in yield of all growing crops from year to year depends 75 per cent on weather and pests, largely beyond human control, and only 25 per cent on the acreage planted." ebration. Secret service operatives In Miami Mi-ami said Zangara, the assassin, was a member of an anarchist group at Paterson N. J., and that he declared lie had no accomplices, acting entirely en-tirely on his own Initiative. Immediate Imme-diate steps toward his trial were taken, but the authorities were careful to avoid any possible charges that Zangara was being "railroaded." "rail-roaded." O Y THE rather surprising vote of -L' 03 to 23 the senate adopted the revised Blaine resolution submitting submit-ting repeal of the Eighteenth amendment to constitutional conventions con-ventions in the states. In this form the measure is almost In accord ac-cord with the plank of the Democratic Demo-cratic platform. It provides for outright repeal except for federal protection for dry states against liquor Importations. Speaker Garner predicted the resolution res-olution would be speedily accepted by the house. The approval of the President is not required; but it must bo ratified by 36 states. Voting for the resolution in the senate were 33 Democrats, 29 Republicans Re-publicans and 1 Farmer-Laborite. Against it were 9 Democrats and 14 Republicans. The Illinois senate passed legislation legisla-tion wiping out the state prohibition law and the search and seizure act "1IILE Ambassador Sir Ronald y Lindsay was starting back to Washington with the British proposals pro-posals for the war debt discus- foreign office in Tokyo To-kyo said it would gSiv offer no further f-&X concessions and" J"1 would stand firmly : by its determina-tion determina-tion to maintain ISJ the government of M Manchukuo. Yosuke -C,, Matsuoka, Japan's s "T' able representative V """L at Geneva was . v rT given instructions ' to this effect and Yosuke told to withdraw Matsuoka from the league and CMNANCIAL troubles of the Union Guardian Trust company, an investment in-vestment concern of Detroit, led Gov. William A. Comstock of Michigan Mich-igan to take the courageous step of proclaiming an eight-day bank holi day, and his drastic action received the approval and legal sanction of the leg islature. Thelegisla tors also got busy at once with the enactment of measures meas-ures covering the situation and bearing bear-ing retroactive Gov. Comstock ston scheduled for March, Senator Key Pittman introduced a bill that would seem to have some merit, though our expert financiers may tear it to pieces. The measure meas-ure would permit Great Britain to make the payment fn her debt due In June in silver, and return home as soon as the league adopted the report of the committee of nineteen which reasserts the principle prin-ciple of Chinese sovereignty in Manchuria Man-churia and declines to recognize Manchukuo. All this was formulated formu-lated by the cabinet and approved by the emperor. Dispatches from Tokyo said the government feels that withdrawal from the League of Nations will be the turning point in the empire's history. Before the ultimate decision deci-sion is made, it was announced there would be an extraordinary conference of the council of elders, the heads of branches of the imperial impe-rial family, all living former premiers pre-miers and other distinguished personages. per-sonages. Meanwhile plans for a general Japanese offensive against the Chinese Chi-nese province of Jehol, which Japan claims is a part of .Manchukuo. were ! reported well under way, and it was expected that a campaign would soon begin to drive out several hun- I clauses. Except for the upper peninsula, which is separated both geographically geograph-ically and economically from the remainder of the state, the banks were abiding by the holiday order. The upper peninsula is In a different differ-ent federal reserve bank district and, although the governor of the Federal Reserve bank of Minneapolis Minneap-olis said he was keeping hands off in the situation, most banks above the Straits of Mackinac were doing business as usual. The Federal Reserve bank of Detroit De-troit remained open and received millions of dollars from Chicago and New York, and the Detroit Clearing House association made Sen. Pittman this, according to Mr. rittman, would operate to the advantage of the United States-would States-would enable England to avoid transfer of gold to meet the next war debt payment and would make possible acceptance by Great Britain Brit-ain of silver in payment of a large sum due from India before the June arrangements whereby $25,000,000 was made available to depositors, the latter being permitted to withdraw with-draw not in excess of 5 per cent of their balances for emergency purposes pur-poses before the expiration "of the holiday. Several of the biggest Detroit De-troit corporations announced that they were continuing to pav their workers in cash, and ail business concerns except the financial houses carried on as usual. war dent payment. The Pittman bill would authorize the acceptance by this government of any sura up to $100,000,000 due from Great Britain in silver at current cur-rent market value. Its purpose was explained as follows fol-lows by Mr. Pittman: "The government of India owes Great Britain approximately $S5,-000,000. $S5,-000,000. It has been reported with some authority that India desires to pay this debt to Great Britain dred thousands of Marshal Chang's troops. If this movement starts before be-fore Japan actually quits the League of Nations the league might apply sanctions under Article 16 of the covenant, cov-enant, and the results of this could well Involve many nations. PJESPITE the efforts of Brazil and other South American nations, na-tions, backed up by our State department, de-partment, real war has broken out j between Colombia and ' Peru and I the former country has severed diplomatic dip-lomatic relations and declared that mediation is finished. This rupture resulted from an air attack by Peru on a Colombian flotilla on the" Putn mayo river which was repulsed by j Colombian planes and was followed I by an engagement at the town of Tarapaca, on the Brazilian border, j . 1933. Wo tem Newspaper Union. w BITING with restraint con- v cerning the antics of the present pres-ent congress is difficult. What the house does in the way of economy. f anything, Is speedily undone by the senate, and vice versa, or else both sides agree on some legislation which they well know will not get with silver. The acceptance by the United States of $74,950,000 worth of silver at the world market price of silver of approximately 25 cents an ounce, which Is probably lower than it will ever be again, would not ouly be profitable to the United |