J
T II K l i o X X 1«: v I I. I. K I» A M O II H O \ I C I. K
TW O
Review o f the History-Making Events o f the W<
By E D W A R D
W. P I C K A R D
Q Western Nf «rspspor Union.
Municipal Bankruptcy
Act Held Invalid
C M YK justices of the United States
P Supreme court held Invalid the
municipal bankruptcy act of 1984.
declaring It to be an unwarranted
invasion o f state sovereignty. Four
Justices dissented, these being Chief
Justice Hughes and Justices Stone.
Brandels and Cardozo. The major
ity opinion was written by Justice
James C. McReynolds. The case was
brought by bondholders of a water
improvement district in Texas.
The municipal bankruptcy act was
designed to permit cities and other
political subdivision which found
themselves In financial straits to e f
fect a composition, with the approv
al o f two-thirds of the bondholders
or ether creditors, whereby the in
debtedness could be readjusted,
scaled down, or, as Mr. Justice Mc-
Reynolds put it, “ repudiated.”
Frank Lowden May Be
Republican Nominee
m >s»
« P R A N K O. LO W D EN of Illinois
* will be the choice o f the Re
publican convention for President
If he w ill accept the nomination.”
That was the con
fident prediction of
a political observer
who is usually well
informed and close
to sources of na-
I ' iN S S O li
tional party news.
’ %i ¿a*- jf t - v
He declared there
was a s t e a d i l y
growing d e m a n d
from many parts o f
the Union for the
nomination of the
Fran k O.
former governor of
Lowden
Illinois, who always
has been popular with farmers and
whose qualities of statesmanship
are recognized generally through
out the country. Mr. Lowden is vig
orous and hale, and he is always
actively interested in the welfare
o f his state and nation, especially
in the problems of the agricultur
is t
Landon Has Large Block
of Delegates
A L F LAN D O N captured
G OV.
nearly all the New Jersey dele
anniversary of ^
.
» a g n itice,,t
*
the right wing leaders from several
"•“ »• H «»-
'Ve lr
eastern states who were angered
«
or * ¿ 3
by the seating of a leftist delegation
...........
.
•
•
.flre
from New York.
The disaffected
ones threatened to form another
« dl b.-
party. The convention flatly turned
down a proposal from Earl Browder. I Adjourn June 6
Gov. Lehman Won't Run
*>,.u V fc
general secretary of the Comtuu-
EMOCRATIC and Republican
p ie "
nist party, for a “ united front” in
leaders in congress sought for Re-Election
While hi* rofif ‘C>**r• ,f
the 1990 campaign.
M KRBERT
It
LEH M AN
an
unitedly to get through the neces
P l H , lia
“«•I**|a^—
nounred suddenly In Albany |mror of K m
sary business so that the lawmak H
Plan to Continue Rail
ers might adjourn on June 6 . The that he would not he a candidate nt Haifa |- .
^
house had finished its work and was for a third term a* governor of New (be llritlv
Co-Ordinator’s Office
d^tmm
HE office of transportation co waiting for the senate t » act on York, saying; "I
I wo son* ir.ij » di*.*.,
ordinator, held by Joseph B. the relief and tax measure*. The f«*el the time hai
panled h
,t
1
Eastman, is due to expire on June committees had so revise«! those come when I mat
} M«*n«*n remained «t
16, but Senator Wheeler of Mon bills that it was thought opposition n*k release from
exiled monarch. after t
the car«»s and re
would be greatly lessened.
tana had ready for
1 ’ 1
. . <i, (- j . j
Senator Harrison's finance com sponsihtlltles of the
Introduction a res
to Stiffen I
(«•♦ *•»*!,
mittee contrive«! a tax bill estimated governorship.” But
olution extending It
In the I.en .jr .,f Natlomr
for two years, and
to produce $62fl.UUO,iNlU In new p«»r- l«*aders of the Ih*m
•UCt-.-.-d ¡f. ! I .
^
P r e s id e n t Roose
manent revenue, which Is $ 6 . 0 un.(.Ni|) ocmtlc party, to
•s,,< 1 1 • i » • « -. ,
;n yn|(|
President
velt was on record
more than the President asked for. eluding
d«-.»\or to r*--t
ttw
Uoo*e\clt.
Nation
as approving some
Tentatively the comtnltt«*e agreed
IT -
^
of its activities.
to levy a processing tax of one half al ( ‘hairman Jam«*«
It was reported
/ '' '\
cent per pound on sugar, which A. Farley and Sen
Gov. Lehman
Japan H as New
in Washington that V
. L [
would yield $06.OUO,OUO, and to re ators Wagner and
r a i l w a y manage
tain a provision of the house bill Copeland undertook to pervuade Mr. in North China
V \P a NK s i : ¡ • netrsoe si
ment
and
labor,
designed to Induce liquidation of lo>hmun to run f««r re-election. T h e y
**
* b.r
V fj
all
agreed
that
hi*
retirement
would
both of which have
corporations and bring In $33,000.-
opposed some of
000 In additional Income tax«*«. There be a loss t< the s la t e and the party a Buddhist e liotar, Mi)*
M. itsumuro. who r*pi*w
Eastman’s doings in the past, might was a prospect of adding still so and that he should he "d ra fte d "
unite in an effort to block extension other $40.000.000 to the permanent
The Immediate political result of
Kenjl 1» ohara. Ti» m ]
of the office, but Eastman said he revenue by removing the existing the governor’s turpr.ve action was I till c«>oujrf-ra'e with tk # l
had heard "nothing substantial” on « 40.000 estate tax exemption on e* that New York sgaln became a er of the N«irth (*hlaa
that line.
doubtful state for the Presidential « placing lb- :
tates of ?1 (V ).000 or more.
Eastman announced last February
This would make a total of $066,- rami algn. In the minds of many pol meats that l.a-.e hers vr
he would exercise his powers to Ouu.ouo, In new |*erm.inent rev«*ntie. iticians The morale of Republican i Tientsin, and »‘<ui he ia
compel railroads in 11 cities to car $46.000.000 more than that of the leaders In the state Improved, and continue the un<U*rrm«r
ry out terminal unifications as house bill, hut the senate bill also I »ernoersts began speculating as inar.eu«»» ng
by (I
economy and efficiency moves. He include«! $ 1 < sms « m *«> jn r<*m|»ornry to which of a gr«»up of five or nwrc
A«*c<»rding to tiie Clhll
withheld the orders at the sugges
revenue from the so-ca!l«*d “ wind candidal**« could be groomed for Matvumuro * «I • .-« «U; |(| :
tion o f President Roosevelt, how
' r » rets'lttt
fall" provision to confiscate unpaid the gubernatorial nomination this : I f I ••
ever. to permit rail management and
and refunded processing tax«*«, and fall If l^*btnan persisted In his de Ing of Henry Po YL
labor to agree on some plan of pro
K;w : T »
f M
. . !*f
retained the $168,000,000 now pro termination.
tection for employees thrown out
China’s
dragon
thr-oe.
duced by the excess profit* and cap
«i *
of work in such consolidations.
s«-rt tbe Japar>«**e pUa tsi
ital stock taxes. The latter Item Russia Will Maintain Big
t. •*
•■* *:i N«tî|
must be Included because the Pr«»s- Far Eastern Fleet
Bonus Baby Bonds Will
and
Manchukoo.
Ident's plan had contemplated re
O NVE RSATIO NS between Great
Be Mailed June 15
peal o f these taxes. With their In
Britain and Russia now going
clusion the senate bill would ap
N JUNE 15 the bOBOS 1
on In Ivondon will have to do only Leon Blum I* the Hoi
bonds will bo mailed to 15.000 proximate $ 934 . 000.000 ns compared with naval armaments in European
of the French Redi
post offices from Washington and with the ««vealied $803.000.000 meas wafers, for tbe Soviet government
p.l t M
K O N Hl.t
M «• lefly ut I
from the eleven federal reserve cen ure passed by the house.
ha* announce«! that It cannot consid
fra g ile lead 1 er «»f tbe
ters. Final plans for delivering the
er limitation of Its far eastern fleet rlallst*.
* >n f*e pm
c la llsts, will
w ill n'»
bonds to the veterans were an
while there Is no similar agreement ! country,
and
hr
courir«
«i
’ «* * C'!r*t (*l
Dr.
Townsend
Disgusted
nounced by Postmaster General
binding Japan.
f ird tt a » r
Farley, who predicted that payment With Inquiry
to tbe
Sf*eaklng for the government.
on a great majority of them would P O R two days Dr. Francis E
of all tbf
Karl Radek said In the new«pa[»cr
be made within one week.
^ Townsend repli«*d mildly to the Izvestla that the Soviet union has
abo ire
Mail carriers have been given In questions of
itl-iMl
the house committee been striving to conclude a s«*pa>
structions to “ go out o f their way Investigating the activities of the
him Tbe
rate agreement with Japan hut thus
wherever necessary with a view to
hun Irish (<’
organization behind far tbe efforts have been fruitl«*ss.
effecting delivery,” Farley said. The
»a n<la ef
Throwing
the
blame
on
the
shoul
r
° ,f*
i i .
"
bond packets must be delivered to f t
r
edi
Wr '
movement w h I c h der* of Japan, the statement said
the veteran in person, and not to
marrbfd
1*1
tiie doctor started. the situation was a “ «llr«*ct result
another person or firm at the vet
Ilium
*f
Then the Califor of the fact T o k y o broke the Wash
eran’s address.
r|i«*erlDX®*’
nian lost his pn
Ington agreement snd abandoned
“ If It is imitossibie to locate the
line*.
y fienre suddenly, re
the London confer«*nce."
veteran to whom the bonds are ad
Leon B um
,.f 'h'
3^
fused
to
answer
any
dressed,” Farley continued, “ they
¿•fried
In
t
'
ranki
I
more “ nonsensical” Filene Quits United States
will be held for 30 days at the post
bnwk«*rs In t ••
1 .
queries, *|»oke of
office of destination before being re- f
Chamber
of
Commerce
the
o<
-.
a-b
ti
■'
"
,_J
“ thick-headed con
turned to the respective federal cen
A. FILE N I:, Boston mortal ceremony In Prre
g r e s s m e n,” de p i t W A R D
ters and thence to the Treasury de- j
m«*rcbant,
announced hi» with «Win.'Terv for '
nounced the com
partment.”
Dr. F. E.
drawal
from
the United Sfnf«*« 0 f tbe Paris '
ne li ^
mlttee for its "un
The bonds will be in $50 denom
Townsend.
(
ba
tuber
of
Commerce,
s«*v«*rely
M. Blum Is “ 'id to ^
friendly
attitude-
inations with accompanying checks
criticizing It* faillir«* "to study busi-
-v ln J .
to cover the odd amounts. To col and asserted the administration was n»*ss In a business way” and to clocdy hi* i
Sint-
1
ID#—|
lect cash, the veteran must have a ““hostile force” behind the Inquiry.
substitute fact finding r«*s**arrh for lnt.in.i(*-d «
’ ’
He
declared
he
would
form
a
third
his bonds certified through his local (
Washington or, Mi# rllll«
party after the November elections. opinion ns n guidi» t«» decision* con
post office.
1 ®¡ %
Finally D«>ctor Townsend told the cernlng the nee«]« of busine«« In m ir debt
Post offices in 241 cities have
general—even
ns
opposed,
possibly,
to
t»e
able
to
' lnTh-
been designated as paying renters committee: ”1 am retiring from
N,
-w
York
bat »TS.
to
the
ambitions
o
f
«perlai
Inter
for their districts, and 59 large city this sort of Inquisition and I do ests."
law
la
naturally
an
!"•*
offices have been empowered to pay not propose to come bock except
obdl“**1
ol.sf
.-i«
le
to
I
rance
»
Mr. f-llene has be«»n a c«tn«l*fenf
on bonds issued outside their own urnler arresL And I do refuse ah
solutely to make any further state MtipfKirter «if President R«»oscvelt’s kind nf cr-'bt In An,pr ^ (j
districts.
ment regarding this movement to rdmlnlstratlor. and the Chamber of (he Parla Midi
,y(
( ommerce has been ln«*r«'iislngly vv«*nt «oil of his "•'> u>
this committee.”
Socialists Gain Control of
Franc*
•>
;,>
«
not
Escorted by Gerald K. Smith, critical of the New |h*al.
■ ïi
D
T
C
I
gates to the national convention,
defeating Senator Borah about 4 to
1 in the popular vote. This victory
gave the Kansan a total of more
than 200 votes to start with at
Cleveland, and his manager, John
Hamilton, claimed he would have
at least “00 o f the 501 votes neces
sary to nominate and would win on
the second or third ballot.
The statement by Herbert Hoover
taking himself out of consideration
fo r the nomination Is generally
Judged to have helped Landon.
W ith Mr. Hoover out o f the picture
it w ill be difficult to hold California,
Texas, and other potentially Hoover
votes away from Landon.
James a . Farley, postmaster gen
eral and also Democratic national
chairman, told the Michigan Dem
ocratic convention he believed the
Republican
Presidential
nominee
w ill be “ the governor o f a typical
prairie state” and that his election,
i f he won, would be a “ perilous ex
periment.” Farley criticized the man
he did not name as devoid of ex
perience in national affairs, and
predicted that if he Is the Repub
Belgian Parliament
lican standard bearer “ even Kan
o c ia l is t s
of Beiffnm, nke
sas” w ill not be in the Roosevelt
those
of
France,
won a consid
doubtful column.
erable victory in the parliamentary
elections, holding a larger number
Norman Thomas Nominated
j f seats than any other group.
Emile Vandervelde, theu «eventy-
by the Socialists
year-old
leader, was thus In posi
OR the third time Norman Thom
tion
to
succeed
Paul Van Zeeland
as is the Presidential nominee
as
premier.
o f the Socialist party. H e was se
The new party of Rexists, whose
lected at the national convention in
Cleveland, Ohio, and George Nelson political emblem is h cardboard
o f Wisconsin was put in second broom, symbolizing determination
place on the tick et There was a to “ sweep banksters and politico-
great demonstration after the voice financiers out of office,” recorded
vote, but it was not joined in by sensational successes, winning 21
S
F
I sat Ion. e s t im a t e d now at about $•¥!,.
seals, mainly nt the exjH'nse of con
tk*J, and that Townsend club in-tn
servatlve Catholic*.
Official standings, subject possibly bers liuti' m> pro|M*rty right In lh«*m.
I Motor Townsend testltl«*d he has
to slight revision, gave: Socialists,
70; Catholics.63; Liberals, 23; Res receive«! about *iW,«iu» in salary,
from
the
Townsend
ists, 21; Flemish Nationals, Id; dividend*
w«»«*kly and e\|»cns«*s, but n«»wr had
Communists, 9.
only about $.’»•■* and his w ife about
$ 2>*0 to show for their efforts.
Congress Hopes It Can
V
\
ami
former adherent of Huey Long,
another man, the Californian fled
from Washington to Baltimore. The
committee decided to ask the house
to cite him for contempt.
When he was questioned regard
ing large sums contributed by
Townsend club members the physi
cian said the contributors bad j
faith In him and that "w e need mil
lions to promote a movement of this
kind and we will get them.“*
His testimony developed that Do«*-
tor Townsend, his brother, Walter
Townsend and Gilmour Young own
the assets of the Townsend organ
debt and fui
......’*• " gl
Italy Celebrates Entry
Into World W ar
up for discussion •on*
future.
I I AL1ANS celebrated the anniver
sary of their country’* entrnnre
Info the World war with Imposing
ceremonies that Included the promo
tion of more than half a million
hoy* and girls In the organizations
of young Fascists. Premier Musso
lini presided over the “ graduation,*
t»n«l nffer reviewing n gr«*nt military
parade, the Dure told the shouting
crow d*:
“ The spectacle of the force of
jO'Uh exhibited this morning ou the
President's Mother !•
|
Injured by I’ »11
\ f ItS SARA I'L l.*’
yl
I V i VKLT.
M
presblcnt. fell " ,liI,‘
A
N«*wr York some
Jfcl
mid op at h - - r * * !
parted hip and era
^1
made light of the inJJ1*
Roosevelt
Kr’1'
«iti
He spent the week-ew
mother.