OCR Text |
Show News Review of Current Events the World Over Americans in London Conference Reject Temporary Stabilization of Dollar and Offer Economic Program; Pro-gram; Three More States Vote for Repeal. By EDWARD W. PICKARD by the official yacht of the port of New Orleans and other craft. In one ceremony, Mayor Kelly of Chicago joined Mayor T. Semmes-Walmsley Semmes-Walmsley of New Orleans in blending blend-ing water brought from the Gulf of Mexico with that of Lake Michigan. Among other speakers were Governor Gov-ernor Horner of Illinois, Maj. Gen. Thomas Q. Ashburn, president of the federal barge lines and the governors gov-ernors of several states along the Inland waterway route. Delegations were present from St. Louis, Milwaukee, Mil-waukee, Peoria and other cities. PRESIDENT ROOSEVELT in his leisurely cruise up the New England coast to Campobello island In the bay of Fundy showed that he is a first class sailor. He acted as skipper of the schooner Amberjack II, and, while he took no unnecessary unneces-sary chances with the weather, he handled the little vessel with skill and nerve. A coast guard cutter and one destroyer accompanied the Amberjack, and of course the press boats went along. After the start Mr. Roosevelt tried to avoid the photographers. DISPATCHES from Riga, the only source of fairly trustworthy news about Soviet Russia, says that Moscow's trade monopoly is anxious- EXA.SI'ERATED by accusations that they were balking the operations op-erations of the world conference in London, the American delegates piacea meir carua on the table, informing in-forming the conference con-ference that the United States would not consider the temporary stabilization sta-bilization of the dollar during the life of the meeting, as was demanded by the gold bloc. ly searching for a nation that will grant the millions of dollars credit necessary to buy grain for the starving starv-ing population of Russia. The negotiations nego-tiations opened by Smith Wildman Brookhart, now of the American agri- fillllllfl mm wm n EDUCTION of the world wheat crops was discussed at length in the economic section, and experts attached to the various delegations made what was hopefully termed a substantial advance toward an agreement among the United States, Canada, Australia and Argentina to cut output by 15 per cent. Before the committee Stanley Bruce of Australia said that commonwealth com-monwealth would not accept the French plan to reduce the production produc-tion of primary commodities as a means of raising pricea He presented pre-sented the thesis that it was up to the industrial countries of the world to stop trying to fce agriculturally agricul-turally self-contained and buy food from agricultural countries in exchange ex-change for manufactured goods. The world has not forgotten the disconcerting proposal of Litvinov of Russia In the armament conference, confer-ence, that the nations represented should agree to disarm immediately. immediate-ly. Well, the Russian repeated in London, submitting a draft proposal pro-posal calling for an economic non-aggression non-aggression pact by which the nations na-tions would bind themselves to refrain re-frain from economic attack on each other by means of discriminatory tariffs, special duties or conditions of trade, railway tariffs, charges on shipping, and any kind of boycott by legal or administrative measures. meas-ures. Of course this was too forthright forth-right to meet with the approval of the other delegates. THREE more states are now in the prohibition repeal column, the total number being fourteen and not one yet for the drys. The latest commonwealths to vote for ratification of the repeal amendment amend-ment are Iowa, Connecticut and New Hampshire. Connecticut was one of the two states that never ratified the prohibition amendment and the result there was considered consid-ered a foregone conclusion. The wets won about 6 to 1. Iowa and New Hampshire, however, had been placed in the doubtful list, so when they turned In substantia majorities for repeal, there was great rejoicing among the anti-prohibitionists. anti-prohibitionists. California, West Virginia, Alabama Ala-bama and Arkansas are the next to vote on the issue, and the drys hope to win in the latter two, figuring fig-uring that thus the question will be put over until next year, when they think their chances will be better. SUMNER WELLES, our astute ambassador to Cuba,, seems to be progressing with his plans for bringing about peace on that trou- Raymond p(J . the,r economic Moley program, moving the adoption of a resolution binding bind-ing all nations to cease raising trade barriers ngalnst each other, to remove embargoes, quotas, and other arbitrary restrictions, and to scale down tariffs by reciprocal agreements. The delegation then moved the adoption of another resolution committing com-mitting the nations to co-operative action in expanding credit and in government expenditures on public pub-lic works for the purpose of reviving reviv-ing Industry. Meanwhile Prof. Raymond Moley, assistant secretary of state, was on his way to London for a week's stay, having been sent hurriedly by Tresident Roosevelt to act as a sort of liaison officer. While the Americans were framing fram-ing their statement the French were fuming and threatening to bring about adjournment of the conference, and Prime Minister MacDonald was visibly worried. But James M. Cox, chairman of the monetary committee, talked privately with George Bonnet, French minister of finance, and explained Mr. Roosevelt's position on the stabilization question in detail. de-tail. He outlined the Roosevelt inflation in-flation program, told how cheapening cheapen-ing the value of the dollar was bringing about a rise of commodity commod-ity prices and painted a glowing picture of reviving prosperity at home. So the French consented not to disrupt the conference. Secretary of State Hull, It was rumored, ru-mored, intended to return to the United States soon after the arrival of Moley. He refused to confirm or deny this report, and he also declined de-clined to express pessimism concerning concern-ing the success of the conference. He had a long private talk with King George but of course could not reveal what was said. Mr. Hull took the occasion to deny reports that the American delegation delega-tion was badly split on the course to pursue in the conference. It had been reported that Senator Couzens of Michigan had read the riot act to the delegation, asserting that the Americans must decide whether to stand for a nationalistic program, represented by the powers conferred on President Roosevelt by congress, or by an internationalistic program, represented by the aims of the conference. con-ference. Mr. Hull said he could see no Inconsistency. In-consistency. The domestic programs of recovery from depression in the United States and other nations, as he viewed it, were to be reinforced by an international program to be adopted at this conference. SENATOR KEY PITTMAN of the American delegation submitted submit-ted to the monetary committee of the conference his proposal for cur- bled island. H 1 s scheme for mediation media-tion has been accepted ac-cepted by the professors pro-fessors and students stu-dents in Havana, foes of President Machado, and they have told their delegates in the United States to get in line or quit the ortnoKition or- cultural admlnistra- BoHs skvrski tion, are being watched eagerly, and It is asserted that his cotton selling scheme is a camouflage for a secret deal with Boris Skvirski, chief of the Amtorg in New York, concerning large credits cred-its for purchases of American grain. Skvirski, it is said, has received instructions in-structions to do everything possible to purchase grain with a minimum of publicity since Russia has decided decid-ed to keep the tragic news of the present famine hidden from the world. According to Latvian and Estonian Es-tonian diplomats stationed at Moscow, Mos-cow, Russia has cotton enough to export but not enough to operate her own mills and while Moscow is willing to take anything the United States will sell her on credit, the nation's chief need is grain. CHANCELLOR HITLER of Germany Ger-many delivered a decisive blow to the nationalist followers of Dr. Alfred Hugenberg, minister of agriculture agri-culture and economics, when he dissolved dis-solved their fighting units throughout through-out the reich. The police, assisted assist-ed by Nazi storm troops, raided the headquarters of the nationalist fighters fight-ers in all the cities and made many arrests. It was then officially announced an-nounced that these units would hereafter be forbidden. The Steel Helmet war veterans' organization in the Duesseldorf district also was suppressed. Though Chancellor Dollfuss of Austria professed to want nothing but peace with the German Nazis, he has issued a decree outlawing their party and all affiliated organizations organ-izations in Austria. Hitler's new "trustees of labor" are assuming dictatorial control of the factories of Germany and it is announced they are "above all parties par-ties and interests and are responsible respon-sible only to the state and its highest high-est leader, Hitler." GEN. HUGH S. JOHNSON, administrator ad-ministrator for the industrial recovery administration, held a press conference in Washington and told in vigorous language what he and his assistants hope to accomplish. accom-plish. In part he said : "The emergency phase of this job Is to try to get people back to work. That's what's worrying everybody, that's what's the trouble with everything. every-thing. And we've got to shorten the week and pay a living wage for the shorter week. "How it's going to work out, where it's going, I don't want to say. There's been too much promising all along through this depression. "The industries want to do the job as much as we do. I don't detect de-tect any slacking. I think it's going go-ing to work and put several million men back to work this summer. Maybe May-be a snag somewhere along the lrne, we may stub our toes, but we're going go-ing to make a stab at it." The cotton Industry was the first to move toward placing Itself under government control. Its proposed code, praised by Johnson, calls for a maximum work week of 40 hours and a minimum wage scale of $10 a week in the South and Sll in the North. This represents a 30 per cent wage advance and a reduction of 20 per cent in working hours. OL. BODENHAMER, former na- tional commander of the American Legion, lit a cigarette in an oil field near Henderson, Texas, an explosion of gas ensued, and within a few hours Mr. Bodenhamer was dead of burns. He was one of the most prominent citizens of Arkansas. Ar-kansas. "THIE navy formally accepted the J- Macon and the great airship was commissioned at Akron and left for Lakehurst, N. J. It will go to the naval air station at Sunnyvale. Calif., probably In August. , 1933. Western Newspaper Union. rency reform, In five clauses. The committee com-mittee promptly and pleasantly accepted ac-cepted the first two clauses, which urge that stabilization in the international monetary field be attained "as quickly quick-ly as practicable" and that gold be ganization. Sumner With the assured Welles support of the A. B. C. Secret society, so-ciety, the professors, the Nationalist National-ist union, the faction headed by Miguel Mariano Gomez and, probably, prob-ably, the partisans of former President Pres-ident Mario G. Menocal, observers believed the ambassador had behind be-hind him sufficient opposition strength to justify the early opening open-ing of deliberations. It Is predicted that the main points of the conciliation program will be: Immediate restoration of political normalcy throughout the Island, liberation of political prisoners, restoration of the suspended guarantees, guar-antees, press freedom and recall of military supervisors. Constitutional reforms restoring the office of Vice President, eliminated elim-inated in 1928, providing for his selection se-lection immediately after the reforms re-forms go into effect; curtailment of the terms of public officials prorogued pro-rogued in 1028 and forbidding any President to succeed himself. Reform of the electoral code. In this Dr. Howard Lee McBain of Columbia Co-lumbia university has been invited to aid. pEDICATION of the Illinois wa-terway wa-terway and the lakes to the gulf water route was the occasion of spectacular ceremonies in Chicago Chi-cago near the mouth of the river. Secretary of War George H. Dern flew there by airplane to make an address, and he was accompanied by Speaker Henry T. Rainey and Maj. Gen. Lytle Brown, chief of the army engineers. Scores of other prominent persons took part in the doings. One of the features of the day was the arrival of a tow of Mississippi river barges carrying the first commercial cargo over the lakes to gulf route from New Orleans Or-leans to Chicago. It was escorted re-established as the , Key Pittman International measure meas-ure of exchange values. Mr. Pittman beamed and thanked the committee, but the gold standard stand-ard bloc then got into action and decided de-cided that the other clauses of the memorandum, the most important part namely : reduction of currency coverage In gold and remonetization of silver were so serious and intricate in-tricate as to demand study. The gold bloc delegates urged that they be referred to committees and subcommittees sub-committees for analysis and investigation, inves-tigation, which was done. James P. Warburg of the United States and Lord Hailsham of Great Britain supported the Pittman resolution. reso-lution. Lord Hailsham also Introduced Intro-duced an amendment to the Pittman resolution providing that each nation na-tion should be the judge of the time and the parity at which it will return re-turn to the gold standard. Mr. Warburg also made it quite plain that the United States would return to gold only when and how she wished and would not submit to any international order on this point. |