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Show News Review of Current Events the World Over Gain in Industrial Employment Reported; Steel Industry Indus-try Accused of Price Boosting and Fixing; Japan and U. S. Exchange Good Will Notes ; Navy Bill Passes. OECRETARY OF LABOR FRAN-f FRAN-f ES PERKINS announces a Jump of 315,000 In industrial employment and a gain of $12,000, (XX) In weekly 1 - 1 U '41 L X 1 j j u y rolla lietween I January 15 and February 15. "Factory employment employ-ment Increased 6.1 jier cent while pay rolls rose 12.G per c e n t," Secretary I'erUIns said In summing up the developments. de-velopments. She added that since A BROAD national program for reducing the nation's supply of milk from 10 to 'JO per cent In return re-turn for federal cash payments to the Individual milk producer was proposed to the dairy Industry of the country by the Agricultural Adjustment Ad-justment administration. The program pro-gram was evolved after months of effort by AAA experts. The plan suggested by the administration admin-istration would Involve some $1G5,-000,000 $1G5,-000,000 at the outset, It was said, with prospects that the cost might rise as high as $.".00,000,000. It would be financed by a processing tax of a cent per pound on butter fat, gradually increasing as the program pro-gram advanced, to a peak of 5 cents per pound. THE man who works for a living will get a break If amendments to the income tax law proposed by the senate finance committee are finally adopted. These amendments would take more taxes from big estates and reduce the tax on smaller small-er Incomes. Chairman Ilarrison estimated that the net result of the changes proposed would add $50,000,000 of annual revenue to the bill. The committee voted unanimously for a proposal to continue the one-tenth one-tenth of 1 per cent corporation capital cap-ital stock and 5 per cent excess profits tax levy, which were repealed re-pealed when repeal put liquor taxes into effect. These taxes would have expired July 1. Under the new proposal they would become effective again July 1, 1035. Experts estimated the revenue from these taxes at $95,-000,000. $95,-000,000. The reduction In Income taxes would come In the form of a 10 per cent credit to be allowed on earned income lip to $20,000. The estate amendment would Increase In-crease taxes on such property to a maximum of 50 per cent as against the present 45 per cent, the raises ranging from 1 per cent on estates valued between $1,000,000 and $1,500,000 to 5 per cent on those over $10,000,000. TRACTS urging the public to donate do-nate cash to promote the sport of flying in Germany were circulated in Berlin Sunday. Under the Ver- riVr the Washington and London naval treaties and would like to enter en-ter preliminary discussions. PRESIDENT ROOSEVELT, In a letter to the seriate and house banking committees, asked congress to set tip twelve Industrial credit hanks which he had been told would safeguard the jobs of 340,000 persons per-sons and create work for 37S.000 more. Immediately after the President's Presi-dent's wishes were known legislation legisla-tion was introduced in both houses giving the federal reserve system authority to create the hanks, financing finan-cing them by selling $140,000,000 of stock to the treasury. The plight of the "small or medium medi-um size" industrialist was stressed by the President, and he cited results re-sults of a survey indicating that such industry was badiy In need of $700,000,000 working capital. A RAY of hope for unpaid school teachers appeared when a house subcommittee was ordered to draft legislation authorizing direct federal grants to needy school systems sys-tems throughout the country. The primary purpose of the proposed grants would be to Insure the operation opera-tion of schools for a minimum term each year. A serious curtailment of the educational edu-cational facilities In many sections of the country has been forced by lack of funds, according to the committee, com-mittee, with consequent result that thousands of children are not receiving re-ceiving the proper amount of Instruction. In-struction. An Inability to pay teachers teach-ers is the most pressing problem. A large part of the proposed federal fed-eral grants will be available for the payment of salaries to unpaid teachers teach-ers and for the re-employment of many who have been discharged because be-cause of lack of funds. Under the direct grant measure proposed by the education committee, commit-tee, it was understood, the necessary neces-sary funds would be supplied either by the federal Emergency Relief administration or the Public Works administration. C PEAKING before an assembly of 5,000 cheering chief Fascists Premier Mussolini outlined a 60-year 60-year program of Internal and ex- lllllllilll 1 ' Kit weS? s sailles treaty public funds are not per-l per-l mltted to be used to t stimulate aviation, but the leaflet points I out that the treaty ? does not refer to private Initiative, and adds: 1 "We are unable j to construct mill-1 mill-1 tary planes, but the March of ln.st year Secretary 240O,000 workers Perkins ,mve rcturn(,d t0 in. dustrbil jobs and $67,000,000 added to the weekly pay rolls. Secretary Perkins pointed out that her survey of Industrial employment employ-ment covers only a small part of the total business field. "The manufacturing and non-manufacturing non-manufacturing Industries covered," she explained, "normally employ only 20,000,000 of the 40,000,000 gainful workers of the country and therefore these totals do not Indicate In-dicate all changes in employment. To them should be added 10,000 workers that were reported by the interstate in-terstate commerce commission to have been taken on during the last month by Class 1 steam railroads, and gains in agricultural employment employ-ment which normally take place at this time with the beginning of farming activities in the southern states. "The Increases In employment and pay roll In the automobile industry were the outstanding gnins of the month. The agricultural implement Industry reported employment gains of 14.9 per cent and machine tools a rise of 15 per cent, continuing the gains which have marked every month since last May and June. "Industries allied with building construction showed increased operations." op-erations." pRICE fixing and price boosting, tending to discriminate against small enterprises, are current practices prac-tices In the steel industry under its KRA code, the federal trade commission com-mission declares in the report to the senate. That there has been price fixing as well as Increases In prices of Bteel products during the period covered by the inquiry, the commission commis-sion declares, are conclusions warranted war-ranted by ample facts. Under the provisions of the code and the methods of its application prices for any given product at any point of delivery are uniform. This Is a direct violation of the order to desist de-sist from the Pittsburgh plus practice. prac-tice. The steel code, according to the trade commission, is devised to lodge control of the industry with the United States Steel corporation and other large producers, to take business away from little manufacturers, manufac-turers, to discriminate against certain cer-tain fabricators and producing centers cen-ters and to discriminate in favor of powerful customers like the automobile au-tomobile industry. At a press conference at the White House the President indicated indicat-ed that he was not satisfied with the way the steel code is operating. There were signs the Executive might reopen the code and call for drastic revisions to protect consumers consum-ers and independent manufacturers from price fixing and Increased costs. ASSURANCES of cordial regard and pledges of a desire for the settlement of any differences by amicable means were expressed In r t e r n a 1 expansion which, he predicted, would In the Twenty-first century give Italy the "primacy of the world." That century, he said, will be a "black Shirt era." "In this age of plans," II Duce declared, de-clared, "I want to development 01 tne l'remIep sport of flying and Goenng training German people as flyers Is entirely dependent depend-ent upon ourselves and our readiness readi-ness to make sacrifices." The demand for a German air force was also emphasized by Gen. Hermann Wilhelm Goering, premier of Prussia and reichminister of aviation, in speaking at a flying exhibition ex-hibition at the Essen airport. Goering Goer-ing declared that Germany can enjoy en-joy no security, no peace, no equality equal-ity until she is granted the right to defend herself in the air. This demand de-mand cannot be altered, the air minister proclaimed. "If other countries are permitted the heaviest weapons of attack In the air, Germany at least must be given the right of defense," he said. ANOTHER step forward in developing devel-oping trade between the United States and Austria was taken with the recent decision of the Austro-American Austro-American commercial interests in Vienna to found an American Chamber of Commerce in Vienna. Later a cognate institution is also to be established in Washington. The decision to open up a chamber cham-ber of commerce here is the result of lengthy study by a committee appointed some time ago "for founding a special organization to develop trade and tourist traffic between be-tween Austria and America." SECRETARY MORGENTI-IAU reported re-ported to President Roosevelt that Income tax receipts for the first quarter of the year were well above estimates and far more than a year ago. Payments to the close of business March 15, the day when all returns were due, were $147,794,000. In announcing an-nouncing this figure on the basis of telegraphic reports from collectors, the treasury said corresponding collections col-lections last year were $99,S47,000. In 1933, however, the date for filing fil-ing returns was extended from March 15 to March 31, after the bank holiday. Treasury estimates of Income tax payments for March are $250,000,-000 $250,000,-000 as compared with $174,000,000 last March. ANEW and serious controversy has arisen In the railroad Industry. In-dustry. Unexpectedly, representatives representa-tives of the railroad brotherhoods flatly rejected a compromise wage settlement suggested by President Roosevelt, calling for a continuation continua-tion of their 10 per cent pay reduction reduc-tion temporarily, and demanded an immediate restoration of predepres-sion predepres-sion wages for all railroad workers. The action, taken by the Railway Labor Executives' association, threw negotiations looking to an amicable settlement of the rail "sage situation into a virtual uproar. by Western Newspaper Union. ,. , lay before you a Musso ml , t t plan not for five- years or ten years but for GO years carrying on to the Twenty-first century, cen-tury, at which time Italy will have the primacy of the world. "Italy "has no 'future in the West and North. Her future lies to the East and South In Asia and Africa. The vast resources of Africa must be valorized and Africa brought within the civilized circle. "I do not refer to conquest of territory ter-ritory but to natural expansion. We demand that nations which have already al-ready arrived in Africa do not block at every step Italian expansion." expan-sion." Here, It was said, he was referring refer-ring particularly to France. Internally, Mussolini said, immediate im-mediate objectives of completion of swamp reclamation by 1940, new aqueducts and highways, plans to recreate Italian municipalities, complete com-plete rebuilding of 500,000 rural houses and repairs to 930,000 rural houses, a work of 30 years. "Every rural person will have a clean and healthy house," he asserted. as-serted. "Only in this way can the rush to the city be combated." In the midst of a pandemonium of applause Mussolini said Facism "became universal -in 1929." "But in this phenomenon," he continued, con-tinued, "it is necessary to distinguish distin-guish positive from negative Fascism. Fas-cism. Positive Fascism knows how to destroy the old and rebuild the new, whereas negative Fascism knows only how to destroy." EXPANSION of the navy to treaty limitations is now assured with the passage by congress of the Vin-son-Trammell bill. The bill calls for the construction of 102 warships and an increase of 1.1S4 In the naval airplane strength at a cost estimated at between 5570,000,000 and $700,000,000 spread over five years. The bill merely "authorizes" a treaty navy. Appropriations must follow In order to translate the action ac-tion Into ships and planes. Private builders of ships and planes for the navy are limited In the bill to a 10 per cent profit on the "contract price," excepting on contracts involving $10,000 or less. Alternate warships must be built In government navy yards, unless un-less the President determines that emergency conditions require change of that schedule. an exchange of rotes between Secretary Sec-retary of State Hull and Kokl Hi-rota, Hi-rota, Japanese foreign for-eign minister. The exchange of notes was the outcome of Interchanges initiated initi-ated by Japan in furtherance of a foreign policy the P 4 .1 - Ws I y, wis general purpose of which is to concil- Secretary Hull late the United States. Japan Is Intent upon persuading the United States to abandon the policy of obstruction ob-struction of Japanese occupation of Manchuria and to recognize the Japanese Jap-anese dominated state of Man-chukuo. Man-chukuo. Hirota expressed the firm belief that "no question exists between our two countries that Is fundamentally fundamen-tally Incapable of amicable solution." solu-tion." Hull, In concurring with that statement, said he would be glad to receive "any suggestion calculated to maintain and to Increase that friendliness and cordiality which have constantly marked, since the conclusion of our first treaty, the relations between our two countries." coun-tries." Japan let it be known unofficially unofficial-ly recently that It desires an Increase In-crease In its naval ratio with the United States and Great Britain un- |