I, K I) \ M O II H O N I
T II E B O X N K V I I-
TWO----------------------------- ----------------------------------------------------- ---------------------- ----------------------
Review of the
History
E
C
S
W
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Making Events of the Wor!
these, he points out. has Its roots
in the New Deal financial schemes
By
E D W A R D
W.
P I C K A R D
and he finds that particular Influ
C Western N»w»papor Union.
ence
a bad one because it creates
conflict
the two reports presages a
Jeffersonian D em ocra ts
and heated discussion at tiie as- a temporary fool’s paradise in
which sales and earnings are bal
Band T o g e th e r
sociation meeting.
looned by extraordinary govern
ORTY-THREE Democrats, most
ment expenditures.
of them
prominent nation
Asserting that political extrava
ally or locally and representing A m erican T ra ck Team
gance has created a highly unde
twenty states, gathered in Detroit V ic to r in O lym pics
IGHT days of track competition sirable and artificial stimulus. Mr.
to tell one another
that brought out many record- Sloan urges that such spending be
and the world how
breaking performances showed that
much and why they
halted before it is too late to stave
disliked t h e New the American team was unbeatable off disaster.
Deal.
After two in the matter of total points. These
days of conferring, Yankee athletes piled up a total of
Oil Men and Companies
t h e y
organized 203 points.
Finland was second
themselves as the with 801«. Germany third with Accused of Conspiracy
HARGED by the government
National Jefferson 69*i
and Japan fourth with
with conspiracy to violate the
ian Democrats and 51 13-22. Jesse Owens, the marvel
anti-trust
law by combining to dom
n a m e d Former ous colored lad from Ohio State
Senator James A. university, captured four g o l d inate the purchasing of oil in the
T e x a s , Louisiana
Reed of Missouri as medals for firsts in the 100 meter
J. A. Reed
and Oklahoma fields
their national chair- and 200 meter runs and the broad
and to fix prices of
man. They decided to establish jump and for pacing the winning
gasoline in the Mid
headquarters at once in St. Louis American quartet in the 400 meter
dle West. 58 per
and to set up an organization in relay. The decathlon was won by
sons. 23 petroleum
every state. Then they gave out Glenn Morris of Denver.
concerns and three
a 1,500 word declaration or plat
Japan captured the most highly
publishing compa
form in which they declared they prized Olympic championship when
nies were indicted
“ will not support for re-election the Kitei Son, young Corean student,
by a federal grand
candidates of the Philadelphia con won the marathon race over a very
vention for President and Vice tough course and in the record time
jury in Madison,
President, and we call upon all loy of 2 hours 29 minutes 19.2 seconds.
Wis. Among the
al and sincere Democrats to con The distance was 26 miles and 385
prominent defend-
H. M. Dawes ant* are Edward cl.
sider the question of their duty to yards.
Among the women contestants Scubert of Chicago, president of
their country in the approaching
election with the same earnestness Helen Stephens of Missouri distin the Standard Oil Company of Indi
that has guided our deliberations— guished herself by breaking the ana; Henry M. Dawes of Evanston.
joining with us if they feel that our world record in two heats of the 111., president of the Pure Oil com
conclusions are sound and our anx 100-meter dash.
pany, and many officials of Stand
Ohio State will have to get along ard Oil Pure Oil Deep Rock. So-
iety for the future of our party
without Owens next season, for he cony-Vacuum and various other oil
and our country is justified.”
The name of Governor Landon announced that he would turn pro concerns and their subsidiaries. Al
was not mentioned in the declara fessional after completing a post- so in the list are Warren C. Platt
tion, but a number of its signers Olympic tour that will take him to of Cleveland, publisher of the Na
are openly supporting the Republi many European countries.
tional Petroleum News and Platt's
can candidate. Among these are
Oilgram; his two publications and
Joseph B. Ely, CoL Henry Breckin
the Chicago Journal of Commerce.
ridge, John Henry Kirby of Texas C om m erce Departm ent on
The indictment charged that the
and Robert S. Bright of Maryland. R ecov ery and P ublic D ebt
defendant oil companies formed
However, the avowed prime ob
ECRETARY OF COMMERCE pools in the east Texas and mid
jective of the Jeffersonians is the
ROPER'S department has just continent fields for the purpose of
defeat of President Roosevelt and put out a "world economic review” purchasing gasoline at artificially
the restoration of the Democratic for 1935 which contains many high prices from independent pro
party to its status before the New interesting
state
ducers, and in furtherance of such
Dealers captured it. Their declara ments. It says, for
a scheme were members of associ
tion is unsparing in its denunciation instance,
t h a t
ations which included the indepen
of Mr. Roosevelt’ s course and the f u t u r e business |
dents.
policies of his administration.
prospects are condi- I
This, said Mr. Platt, is exactly
tioned in part upon \
what the oil companies did with the
narrowing the gap j
)
approval of Secretary of the Interi
B ar A sso cia tio n Split on
between g o v e rn-
or Harold L. Ickes, administrator
N e w D eal L eg isla tion
ment expenditures
of the NRA petroleum code, when
HEN the American Bar as and receipts. It as
efforts were being made to limit the
sociation convenes in Boston serted t h a t "the
production of gasoline, prevent the
soon it will receive two widely dif government deficit
flow of excess quota oil into mar
fering reports from a special com springs f r o m the
ket
channels, and raise prices in
mittee named to study the effects root of unemploy-
P• Sloan
of New Deal legislation on the ment, which Is still the major that turbulent industry.
rights and liberties of citizens. They problem confronting the country,”
were made public in Washington. and continued:
Congressm an Zioncheck
The majority report, signed by
"Most of the recent increase in
John D. Clark, Cheyenne, Wyo.; the public debt has resulted from Commits Suicide
ZI ONCHECK
Fred H. Davis, Tallahassee, Fla.; emergency expenditures which will \/IARION A.
George L. Buist, Charleston, S. C., be reduced as the need diminishes. XV1 brought to an end in char
and Charles P. Taft II., Cincinnati, At this date the evidences of need acteristic manner his checkered
career and his life. He leaped to
Ohio., “ deplored” the action of are still manifest.”
President Roosevelt in reducing
Saying the public debt "has con his death from a window of his
congress to a “ rubber stamp” body tinued to mount rapidly, notwith office in Seattle shortly after he had
to carry through his program of standing the substantial increase in filed for re-nomination to the con
legislation.
the national revenues,” the report gressional seat he had held for two
terms. His friends attributed the
“ Novel legislative and govern added:
suicide
to w o r r y over a psy
mental trends of the New Deal are
“ Future business prospects are in
just as uncertain today as they a degree conditioned upon the pos chiatrist's advice that he take a
were tjvo years ago,” the report sibility of bringing expenditures long rest from politics. His trouble
said. “ Laws specifically proposed more in line with receipts and thus had been diagnosed as dementia
as emergency measures with limit eliminating, partially at least, the praecox.
ed life have been declared by im uncertainties prevailing in connec
portant members of the administra tion with future taxation and other T w o Am erican Authors
tion to be the beginning of perma budgetary problems.”
Called by Death
nent changes in national policy.
As to “ the part played in the re
“ There has been a continuing covery to date by the heavy govern I INCOLN STEFFENS, long prom-
conflict between such officials as to ment expenditures," the report said: ^ in e n t as a journalist, writ
whether a new social and economic
"This question is not easily an er and lecturer, died at Carmel,
order is in the making or the old swered, but it is certain that such Calif., at the age of seventy. He
institutions are being perfected so outlays have had an influence, was creator of the so-called muck-
that they may be preserved.”
in many directions — for example, raking school of Journalism and in
These findings were challenged on retail sales, on farm income, on many magazine articles he exposed
by Kenneth Wynne, New Haven, the growth of bank deposits and on the corruption in municipal politics.
Another well known American
Conn.; Fred L. Williams, St Louis, the prevailing level of interest
writer, Arthur B. Reeve, passed
Mo., and James G. McGowen of rates.”
Jackson, Miss. In their minority
The latter statements may well away at his home in Trenton, N. J.
report they said: “ If the purpose be compared with the report of He gained fame by his crime and
of the resolution creating the spe Alfred P. Sloan, president of Gen mystery stories.
cial committee was to get the opin eral Motors, to the stockholders.
ion of the American Bar association Business recovery throughout the
President Resents Charge
regarding legislative trends de world — in which the United States
of
Politics in Relief
signed to meet changing economic has participated — is being gen
conditions, the report is superficial. It erated by a combination of various PRESIDENT ROOSEVELT was
does not deal with the problem but factors, Mr. Sloan explains.
In * visibly aroused by Republican
concerns itself with a short range this country the automobile indus charges that the New Dealers were
attack on surface trivialities.”
try has been helped, he says, by seeking to reap political profit from
The sharp divergence between
influences. Only one of the drouth conditions. At his press
conference he broke with the usual
F
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rule by permitting himself to be or more
. rei(|h
directly quoted as saying:
compem, „ for Corn £ £
"It is a great disservice to tho United State* „,4 Euro*
proper administration of any gov
ernment to link up human misery
with partisan politics."
The ¡’ resident announced that he
would hold a series of regional con
ferences with governors of states T ,,K ,( K ** ttnoth*r dicuia
1
in the drouth area, and naturally
O e n . J 'm Metaxas.
Governor Landon. his Republican
opponent, will be among those he nounced that a gener»! ft*
tered ty
will m eet
It was believed they
niuniiti
*u
would come together about Labor
to lead 1*
day In Des Moines, with the gov
diMurbaocti,
ernors of Iowa, Nebraska, Oklaho
with th* ,
ma and Missouri.
Mr. Landon
1,1 Km g Cr^i
said he would accept tho Pres
he declared —
ident's invitation to such a confer
law, d4ioh,<
ence.
lament pc
Dictatorship in Greet*
Set Up by Metaxai
pro
election*
Fierce F ig h tin g in the
ly and
worker* in
Spanish C ivil W a r
e s p e r a t e fighting for posses
(irn. M r liu i aervice* net
railway*, B
sion of the passes In the
Guadarrama mountains north of that called to th# colon,
Madrid was going on between the would be directly under
ment control.
government forces and the rebel
Strong guards were
troops. Loyalist soldiers were hur
power
»’.
r.i, gai works**
ried to that region, and Madrid
vital
;
U.U
and
*11 Kiidiai
claimed some victories. However,
guard duty *e
the Fascists on the northern side lice not
r idy for tetxa
of the range were said to be within In b.irr.i
Mctaxas
promlMd th#
sight of the capital and in position
ment ' f an r.ght hour day,
for a vigorous advance.
On the twentieth day of the re imum w.igr and a social
bellion the government announced syatem. He remodeled I
it had captured the provinces of iru-t. taking for htmtelf th
Catalonia. Valencia. Murcia. Mala navy, air and foreign »5»
ga. Ciudad R eal Guadalajara. full»». Dir patches to B
Uadajoz and the northern resort said there had been claihr
northern provinces of Or
city of San Sebastian.
tween workers and the
forces.
T en •‘R eb el” U n ion s A re
Suspended F rom A. F. o f L .
D istressed Farmer* Mi«
|NLESS John L. Lewis and his B ig Reduction in Debt*
' associates in the Committee for
VOLUNTARY cut of W
Industrial Organization repent and
of 33M
cease their "rebellious” activities
trc»s
men w'*i reperti]
before September 5,
the Resettlement *
the ten unions they
The
debts, it »aid. were
head will be under
down by creditors, tnroei
suspension from the
work of voluntary farm d*H
American Federa
mittccs in bringing farm«
tion of Labor. Such
their creditor* ' together to »
was the verdict of
tral atmosphere” during i*
th e
federation's
months ended June 30.
executive
council
Exjienscs of ice king ■»
which passed on the
adjustment'), taken froe^l
charges of John P.
provided by President
Frey, president of
September 1 last yesr, IP
the metal trades
1 per cent of the total 1
J. I*. Frey
division, that the
debts involved, the id®-
CIO was "fomenting insurrection said So far. »1.100 000 of *
and rebellion.”
David Dubinsky. located »2.WJ0.000 had be«
head of the garment workers, cast
the only vote against the suspen pended.
sion order.
Lewis having definitely set him C ol. Roosevelt Willing«
self against any peace overtures, Run for Governor
it appeared that the suspension cer v je w YORK Republican*
tainly would be put into effect The 1% to nominate a cand)
next move will be up to the Tampa governor at their party c0*
convention in the fall, which will be in September, and C*
asked to vote the expulsion of the Roosevelt has »aid
refractory unions.
In a letter that wa*
made public that
he
Is willing to ac
Senator K eyes, N ew H a m p sh ire,
cept
that honor
to Retire F rom O ffice
the
party
»°
SENATOR HENRY W. KEYES of
sires.
New Hampshire has announced
Colonel Ro fc%clt
that he is not a candidate for re-
n o w forty - eight
election by the Republicans, prefer-
years old. was th#
ing "to retire from active partici
Republican
candi
pation in public affairs.” The Re
date for governor IB
publicans therefore will choose be
tween former Senator George H. 1924 and was '« CoL
feated by Alfred E.
Moses and Gov. H. Styles Bridges,
Smith. Since then he h»»
both of whom have announced their
ernor of Puerto Rico an
candidacy for the nomination.
general of the PhiUPP^
Kansas Republicans renominated
Senator Arthur Capper, and the
Democrats picked Omar Kctchum E ig h t Men Are Killed«1
( Topeka. In Kentucky the Demo C rash of Air Liner
crats renominated Senator M. M. g jix passenger*
Logan, whose Republican opponent O were in: t intly 1 of th*
in November will be Robert H. Lockheed Klectra p ‘‘ Unel crT
Lucas.
cago and S o u t h e r " «•
a few minutes afU ‘
the airport of St 1
Corn C rop E x p erts Say
this writing then
***
Y ield W ill Be Sm all
L'XPE R T crop statisticians estl- for the dlsasl^r|h wcathtr «•*
mate that, as a result of the most new and the
record breaking drouth, this year's though skies *cr* «J '
The plane was b
#y|(g
corn crop will be reduced to 1,572,-
Orleans
for
C
h
le
s
l*
«“
,,
000,000 bushels, which would be the
smallest yield since 1881 except for
the disastrous drouth year of 1934
Argentine farmers are expected
to profit to the extent of 150,000,000
D
L
A