Show news review of current events the world over hoover moratorium plan with french modifications in effect great britain britain calls conference to work out details by EDWARD W PICKARD M MUTUAL by concessions the A U united n I 1 t e d states find and france obtained by clever negotiation re p bulted in the acceptance of the hoover moratorium plan in principle p r 1 n c I 1 p 1 e by the french government all other important nations already had accepted so president dent julius curtius 11 boover 0 0 v e r announced that the plan might he be considered as in effect its as of date of july 1 brealy summarized the agreement provides that debtor governments shall ahall be relieved of payments due between july 1 1031 and july 1 1032 aggregating approximately ISOO millions of dollars germany will be relieved of reparations payments to the former allied and associated governments totaling nearly millions of dollars agretti gretti great britain france italy belgium rind other debtors will be relieved of war debt payments ampro approximating af millions the greatest sacrifice will be made by the united states which willford go war debt receipts totaling millions beginning july 1 1033 the deferred reparations and war debt payments will be paid in installments during a ten year period in addition to the regular current payments payment by germany of conditional reparations totaling millions will be unreservedly suspended germany will be required however to pay the unconditional reparations amounting to with the understanding that this amount in full will be loaned back to germany A loan of about 23 millions will be made to central centra european countries if necessary by the federal reserve banks of tile united states and european central banks the accord reached was entirely satisfactory to both the americans americana and the french president hoover gained his big chief point the gist of the whole plan for germany does not have to pay any international debts for one year the french statesmen congratulate themselves because the accord calls for the moral support of the signatories signa tories in getting a private loan for frances central european friends and lays upon germany moral responsibility for not using her moratorium saving for armaments foreign secretary julius curtius and chancellor bruening of germany of course are pleased beyond expression and the former paid warm tribute to the work accomplished in paris by secretary mellon the german press however professes to be disgusted with tile the compromise several influential papers declaring that it wrecks the plan entirely in concluding his announcement of the agreement president flooder touched on the question of world disarmament which he considers the second feature of his program for restoring economic prosperity HAVING avers ably seconded mr aloo vers effort to bring about the moratorium the british government called a conference of cf the powers to work out the details of tile the plan the premiers and foreign ministers are to meet in london and it Is expected secretary stimson will participate as an official observer when he reaches england this conference will meet from time to time for several months it is understood der stood find and may continue to function for several years before this body toward the end of the one year hoover moratorium will come the question of cf tile the capacity of germany to continue paying the young plan reparations the question of extending the boover debt holiday another year and the question of revising reparations and war debts downward ICE PRESIDENT J VICE carlls came out in 11 I 1 the open la in earnest I 1 1 opposition to the policies k of the federal farm bo board rd and in company with senator w arthur capper of kansas went before chairman stone and carl williams of the 1 board to urge that it change cliance its ita stand con charles curtla curtis acornl e e r n 1 ng D g its wheat holdings the two kansana kansans argued for hours that this wheat should not be put on the market kintli the price reached 85 cents but mr air stone refused to make any such pledge ile fie dill did state stale however that the board would not offer any of its wheat tit at the present low prices but lie he made it plain that the hoard board would abide by its policy enunciated july 1 which was that it would feel free to sell up to a cumulative maximum of live five million bushels a month for the next nest year mr curtla curtis activity in the contro versy over the boards wheat holdings has been interpreted as Ind indicating leat a desire on ills his part to avoid for the vice presidency and to run for the kansas which tie lie formerly held when asked about his political plans he r replied e not get anything out of nie me for at least three months senator watson of indiana republican leader of the senate also has been trying to influence the farm board for 02 rents cents which Is said to be the average price paid by the stabilization corporation for its wheat as the figure below which the board should not sell senator william K H dorah borah insurgent republican of idaho find chairman of the agricultural committee named at a t the th e progressive conference last A maich aar el 1 has insisted that the board defer all sales until wheat goes to S OF STATE STIMSON Is having a pleasanter plea plen santer time on his european vacation than has fallen to tile the lot of secretary of the treasury mellon starting too late to get mixed up in the moratorium negotiations mr stimson arrived at naples tuesday on the steamship conte grande accompanied by mrs stimson tie he was met by ambassador garrett and following a visit to pompeii and bercu laneum went to tome nome by automobile thurmay evening he called on premier mussolini at the palazzo venezia and later met him at a dinner given by the amerlan american embassy in mr sons honor the ruins of the ancient noman forum just beyond the capt hill were brilliantly lighted up at night tha s european vacation will last two months and he will devote considerable time to an all investigation of conditions on the continent rr R josepn JOSEPH 1 I darance DF france rance for former in e r united states senator from maryland evidently was in deadly earnest when recently lie he announced that he was a candidate for the republican nomination for the presidency in 1932 already he has started on his dr daj J 1 france summer campal campaign gnand and his many friends tire helping to the extent of their powers the doings began with a public meeting sit nt mount ararat farms the doctors country auntry estate in cecil county maryland very soon it la Is expected he will make a tour through the grain states of tile the west assisting france in getting his campaign under way are jonathan bourne former senator from oregon and head of the republican publicity bureau luring during the wilson administration and lyle li ie rader who Is described as a prominent new york chemist and bible speaker doctor france says that on his trip in the west he will give his reasons for seeking the presidential nomination and will discuss tile the grave world crisis and its remedy through the application of the principle of righteousness to economic social and international problems lefore the convention of the great lake hudson W waterways a ter w ays association in albany N 1 senator copeland and representative hamilton fish ot of the umpire state find and various others attacked the proposed st lawrence ship canal fino and urged that congress angress on gress begin its as soon as possible the construction of all american waterways from the great lakes to the th atlantic seabon seaboard rd by way of the mohawk valley and the hudson as a means to relieve unemployment it was declared by the speakers that the file st lawrence canal was con only the farmers of the middle west wanted it for an outlet for their surplus grain and mr fish said tile the russian wheat situation now makes the lie building of a ship canni through canada a fantastic myth THOUGH it Is understood r 6 T 1 der stood in rome home 1 that pope plus and premier M us have both decided to avoid any precipitate action in their controversy they continue to hammer nt at each other odier with encyclicals als and newspaper artl aa cles the pope stead lly ily maintains that the mgr borgon cil church Is suffering ciril ou buia persecution at tile the lianda hands of the fascist rulers of italy but for the present at least lie he will not consider the withdrawal of the papal nuncio to rome mgr borgon cini duca the nuncio for his part has been doing rill nil he could to brin bring 9 about a peaceful settlement of the quarrel the popes latest encyclical dealt severely with tile tho fascist pu position mitlon on the education of youth and was characterized character bed by the italian press as a a return n to t the b e medieval conceptions ab about out th the e respective e authority of the church and state copies of the document were not only distributed in the churches of rome home but also were sent out of the country by special couriers which action drew fascist ridicule there will be another war MAYBE in south america before long dispa dispatches tell es from asuncion paraguay said that senor guachalla Gua challa minister from doll bolivia v la sent a note to the foreign office declaring lie he had been ordered by his government to suspend diplomatic diploma dc relations between the two nations the paraguayan government replied with the announcement that it had ordered its minister to bolivia to return home dont ask what its all about peru has been having a little war of its own government versus revolutionists the other day the rebels were defeated tit at Huam butlo and the city of cuzco cuco their headquarters was taken the revolvers re rev thereupon lied fled to tile the jungle and probably little more will be heard of them A 1 bicos quarrel mr with ith the church of rome home Is now dow centered in the state of vera cruz and the 1 prospects of a peaceful settlement are growing more and a more remote in protest against the recently enacted law of the state limiting the Bishop Valencia number berof of priests pria rt 1 rev rafael gulzar valencia bishop of vera cruz has instructed ted nil all catholics of the state to abstain from attending dances theaters and other festivities until the conflict between the church and government Is ended the bishop also has instructed ted his priests to keep keel their churches open even if the state tor for bids services conducted ton ducted by priests STALIN has made public j JOSEF the new policy of soviet russia in dealing with the bourgeoisie and the kulaks kolaks of well to do farmers these classes hitherto suppressed persecuted find and exiled are now to be concil conciliated to nn an extent it if they will consent to co operate cooperate with and labor for tile the soviet regime the rulers of russia hive have discovered that the brains and skill of the old order are needed to meet the growing demands 0 of f agricultural and industrial development 0 As part of the now new order of things stalin also presented a program entailing radical changes cliant in the governments policy toward labor and industry to insure the success of the five year plan OIIN D rockefeller ce lebrat i JOHN ed I 1 his I 1 Is n ninety nety second birthday quietly at his home in tarrytown N Y the only event of the day was a family dinner attended by mr and mrs irs john D rockefeller jr their married daughter abble and her husband david milton together with four other rockefeller children to the press mr rockefeller said these occasions offer me a very welcome opportunity first to express my gratitude to tile the many many many friends who not only at this time hut but throughout the year have shown their kindly regard for me and second to wish them and theirs and all the world a large measure of health and contentment tent ment which are the basis of real happiness dally ILLY BURKE of conn professional g golfer 0 I 1 f e r ano whose I 1 se real name Is Br arkowski kowski he Is a pole cole Is the new open golf champion of the U united I 1 gifted states we wearing the crown wil which hobby bobby jones iid aside in the bourna ment on the inverness course at toledo billy amy gurke burke burke and george von elm of detroit tied for first place with cards of next nest lay day they undertook to play oft the tie at 30 holes and again tied so on monday the second playoff play off was staged find and burke won by a margin ot of one stroke finishing the longest tourney in golf history burke had a total of strokes for the holes played in the five lays days of their battle and von elm had WO ma tills this wits slightly over an average of 4 for each hole THOUGH amany HOUGH max schmelling ng of germany w won on a clean cut victory over willie stribling in their battle in cleveland defending his heavyweight he ivy title he Is still out of favor with tile the new york state boxing commission chairman J A parley of that body Is quoted as saying will never meet another boxer in new york as long as he be refuses to meet jack sharkey again T the he new york commission gave ng the title when sharkey Sli arkey fouled him but according to farley it does not consider him the champion NOTABLE among the deaths of tile the week was that of john wallter walker in brooklyn for many years lie he was often to in the public eye eve as a soldier so idler business man writer and editor and crusader tor for world pence peace the duke of aosta aasta cousin of tile the king of italy al also so passed away to the great sorrow of tile tha italian people lie ile won considerable fame in the tha world war A un 1081 wt W watern t nap vr union |