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Show development, the vote being 36 to &1. Seventeen Republicans an J flvsj Farmer-Laborites voted with the: majority. I ' The house version Is regarded as a less drastic measure than the! Norris hill. The principal point of: difference between the two Is that the house bill provides an appropriation' of $10,0iO.(o and a bond Issue of; $"O.0MXfix.l for starting the develop. j ment program, while the Norris bill! News Review of Current Events the World Over Senate Pa-es Farm Rill With Inflation Amendment Roosevelt to Ask Authority to Deal With War Dehts Herriot Enters Conversations. By EDWARD W. PICKARD simply authorizes "all appropriation necessary." The Nebraskan's measure meas-ure Is likewise more rigid with regard re-gard to government construction of power transmission lines. HACKED by the administration, by Ihe big Democratic majority In the senate and apparently by the favor of a large part of the popula- yiSCJNSI.N' has the honor of being the second state to ratify rati-fy the prohibition repeal amendment amend-ment to the Constitution, and the first to do that by unanimous vote. Fifteen delegates, assembled In the Capitol building in Madison, were addressed by Governor Schmede-man. Schmede-man. and In eight minutes thereafter there-after the resolution of ratification had been drawn up and adopted to the accompaniment of cheers. hitherto, were discussed by the President, and It was said he Indicated In-dicated that he was "searching sincerely for means of associating the United States" with International Interna-tional efforts to check aggressor nations. na-tions. Such association might take the form of consultation with signatories sig-natories of the Kellogg peace pact In the event of Its violation. And in addition there is the administration bill authorizing the President to Join other nations in declaring embargoes em-bargoes on arms and munitions. (''-'8 iiim or rue country, the Thomas Inflation Infla-tion amendment to the farm relief bill won an easy victory vic-tory In the senate. With this most portentous por-tentous addition the farm bill was passed and sent back to the house for concurrence. Tho nnH , "REPUBLICAN Federal Associ-ates" Associ-ates" is the name given an organization just formed by men prominent In the Hoover adminis- as ror the war debts, they were first brought up by Mr. AlacDonald, who let Mr. Roosevelt know that Croat Britain would like a downward down-ward revision; and their com- I munique said that the basis was laid of a clearer understanding of the situation affecting the two nations, na-tions, though no plan or settlement was under way yet. This encouraged encour-aged M. Herriot and his expert associates as-sociates to press the arguments of Sen. Thomas A " " 0"u"'m"'l,uu' Ists, led by Senator David A. Reed of Pennsylvania, made a desperate but hopeless fight, arguing that while "controlled" "con-trolled" inflation, as promised by the amendment's sponsors, might temporarily restore a measure of prosperity to the nation, previous i experience here and abroad showed thflf fiinlp,il u- , i f tration to aid the party In returning j to power in the 1934 congressional elections. elec-tions. Walter F. Brown, former postmaster post-master general, is Its president, and Ogden Mills, secretary secre-tary of the treasury treas-ury under Hoover, is chairman of the ; r ranee for cancellation. Then Mr. Roosevelt let the correspondents corre-spondents know that he was planning plan-ning to ask congress for authority to reopen the war debt settlements and negotiate a reduction of the 11 j billions which European nations owe the United States. If he were vested with this power the United States would enter the London conference con-ference prepared to bargain for stabilization sta-bilization of currencies on a modified modi-fied gold basis, remonetizntinn of Hn. x.w.,1,,,, iuijiu uvi ue maintained main-tained and that the ultimate results would be disastrous. Reed, Tydings of Maryland, a Democrat, and others oth-ers seemed terribly dismayed by the prospects for the future and their sincerity could not be doubted. Senator Thomas of Oklahoma himself led the debate for the affirmative, af-firmative, opening with the startling statement that the amendment, if it prevailed, should transfer value to the extent of almost .$200,000,000- p. ... ,1.. ... Ogden Mills board- Arch Co,fi- ( man, who was first assistant postmaster general in the Hoover administration, is in charge of Washington headquarters, and W. Irving Glover, who was second ( assistant postmaster general, Is director di-rector of organization. Mr. Coleman snirl tho r,o-ni: ver, lowering of tariffs and other trade barriers and adoption of measures meas-ures to raise commodity prices and restore purchasing power. Members of the French delegation said the President had promised MacDonald and Herriot that he would ask congress for authority to postpone the debt installments due June 15. and that in return Herriot would ask the French parliament to pay the defaulted December 15 payment pay-ment of $19,000,000. As Mr. MacDonald said good-by to the White House, he and Air. Roosevelt announced that they had u wciiu ui uiiizauion was primarily to keep together those who have been active in Republican Re-publican circles for the last twelve years; to keep them advised of what is going on, and to bring back to the party fold those Republicans who supported Roosevelt last year. Ernest Lee Jahncke, the Hoover assistant secretary of the navy, is first vice president; Airs. Nicholas Longworth, second vice president; Charles J. AInos, third vice president; presi-dent; William R. Castle, treasurer, and Coleman, general secretary. Six of the Hoover cabinet members mem-bers are represented on the board muiu um creuitor class to the debtor class. Of course, the effect of this assertion Is greatly weakened weak-ened when one realizes that our people cannot really be divided into such classes. There is scarcely a creditor in the land who is not also a debtor, and vice versa. But this point and many another were ignored ig-nored by the proponents of inflation. infla-tion. Senator Pat Harrison of Mississippi, Mis-sissippi, for Instance, on the second day of the debate, confined his efforts ef-forts mainly to taunting the "Mel-lon-Mllls-Reed" group for Its alleged al-leged failures (luring the Hoover administration. The Wheeler-King silver coinage amendment was accepted by the senate. It would enable the President Pres-ident to fix the ratio between gold and silver and to provide for unlimited un-limited coinage of both metals at the ratio so fixed. TUST what inflation, even if "con-u "con-u trolled," will do to the nation and Its business is a question on which economists and financiers are fc,.- uu lug MMiowing; I An increase in the general leve of commodity prices. Re-orientation of commercial policies. poli-cies. Reduction of tariffs, quotas and exchange restrictions. World expansion of credit Capital expenditures by governments govern-ments to stimulate business. Re-establishment of an international interna-tional monetary standard. Improvement of the status of uneciors iviiiis, Brown. Roy D 1 Chapin, Arthur AI. Hyde, William N. Doak and Ray Lyman Wilbur . Others include Walter E. Hope, for- mer assistant secretary of the t'reas-I t'reas-I ury; James J. Patchefl, Union City, Ind.; Airs. Longworth, Castle, Moos.' St. Paul ; Jahncke, Harry Culver Culver, Calif.; Coleman, Glover. John Richardson, Boston; Ferry K. Heath, former assistant secretary of the treasury, and Airs. Albert G. Sims, New Alexico . . OLilLUa Oi silver. DRIAIE MINISTER RICHARD B. Bennett of Canada was already in Washington to talk with the President; Presi-dent; Finance Minister Guido Juns? fUSSOLnTS four-power peace plan is causing a lot of excited excit-ed discussion in various European countries. Great Britain and Germany Ger-many might gladly agree to this, but France still asserts the sanctity of treaties must be respected, and in this she is of course supported by all the nations of the little entente, en-tente, and by Poland. In Czechoslovakia Czecho-slovakia especially sentiment was aroused, and Foreign Minister Edouard Ed-ouard Renes told the parliament in Prague that whoever desires to change the boundaries of that country coun-try must bring an army along with him. He criticized the Mussolini plan as a "great backward step " and added: "History shows that surrender of territory always is connected with the bloodiest wars " of Italy and Hjal-mar Hjal-mar Schact of Ger many were on their way. and Japan announced an-nounced that Vis count Kikujiro Ishii would arrive Alay 23. Air. Bennett told the newspaper men that Canada stands ready to discuss any proposals that us mr upart as the poles. For the present the prospect of Its adoption and the abandonment of the gold standard have served to create almost al-most a boom in certain lines of business, and the prices of commodities com-modities have begun to rise. But how this will In the long run bene- j fit the ordinary citizen has not been shown to the satisfaction of most of us. An especially dangerous clause in the Thomas amendment Is the one giving the President power to devalue de-value the gold dollar to the extent of 50 per. cent. Senator Borah, an inflationist, argued that this would be declared unconstitutional. it may be this power will never be exercised by the President, but if It Is it will be followed by steps to abrogate the gold clause In bonds, mortgages and other contracts. Provision for such action Is made in the pending Goldsborough bill which provides that existing contracts con-tracts shall be satisfied by payment of their face amount in legal ten- i dor, that after its enactment, gold clause contracts cannot be made legally and that any profit made i from exchanging gold for legal tender ten-der would be subject to a 100 per ( cent tax. t . , . look toward closer commercial r e 1 a- Bennett Hons with the United States, and said the Ottawa agreements do not affect these trading possibilities. In a prepared statement he used these emphatic phrases: "We have reached a point where it Is certain that nothing but united action can avert world disaster." "Immediate action Is imperative." "The world Is In tragic trouble and distress." j "If we do not soon defeat the , forces of disruption and discord they will defeat us." ' CO VIET Russia was on the verge of a quarrel with Japan over the equipment of the Chinese Eastern East-ern railway, and in that connection it was interesting to note that a new alignment was bringing Russia Rus-sia and France together, the former for-mer drifting away from Germany and the latter beginning to take sides against Japan. Already the I7VrT-i -.V. nr. n vmub ripens are of the opinion that the inflation bill mav never be used; that it is -'a mere bluff intended in-tended to have the very effect It is now having arresting and reversing revers-ing the downward course of prices" and giving the President a better position In the economic conversations conversa-tions with foreign statesmen, as did the abandonment of the gold standard, stand-ard, which also was Inflationary. T"AR dehts and reduction of armaments came to the fore In the White House conversations as Prime Minister MacDonald con- u Russians nave arranged for exchange of military information informa-tion and military instructors. Before Be-fore long the situation on the European Eu-ropean continent may be pan-Germanism against pan-Slavism with France on the side of the latter and Italy with the former. CONTINUED Chinese resistance near Kupelkow pass on the road to Peiping so enraged the Japanese military command that it announced the early occupation of all strategic strat-egic points in the North China area With this in view, the Japanese launched a general attack south of the Great Wall designed to open the way to the old Chinese capital. The Manchukuoan government has announced that only nations recognizing that state will benefit by its promise of an open door trade policy. I "We must act boldly and nn-selflshly, nn-selflshly, otherwise we shall be certain cer-tain witnesses of the wreck of our civilization." Asked whether Canada really had gone off the gold standard, as had been asserted by Finance Alinister Rhodes, the prime minister replied: "Canada is as much off the gold standard and as much on the gold standard as the United States." V"HEN the world disarmament conference resumed its sessions ses-sions in Geneva the French plan for an anti-war pact of consultation consulta-tion was presented by Rene Jlas-sigli- It excluded the American continent on the ground that it was Impossible at present to make the pact universal. Massigll suggested the creation in the capital of each signatory power of a commission which would determine violations of the Briand-Kellogg pact and the rights of a victim to assistance ciuaed his part of the parleys and pre pared to depart for home, and former for-mer Premier Edouard Ed-ouard Herriot of France began his sessions with the President These three gentlemen met together, and after an informal dinner, Jlr. Roosevelt Roose-velt took up the r M. Herriot PORMER Gov. Neme Tavloe Ross of Wyoming finally "has been placed In a federal position8 The President appointed her director direc-tor of the mint. Obviousiv Airs Ross was entitled to a good' place for as vice chairman of the Democrat Demo-crat national committee and head of the party's women's organization shebas been vert active and valu 6. 1933. Western N'ewap,, UnIon. Concrete measures to prevent misuse of civil airplanes for military mili-tary purposes were presented bv the United States, Canada, Argentina and Japan. D EFUSING to accept the Norris senate bill as a substitute, the house passed the McSwain bill for the operation of the Muscle Shoals disarmament question with them, his evident purpose being to bring' France into line at the Geneva conference. con-ference. French demands for guarantees guar-antees of security against attack, which have blocked all agreement |