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Events the World Over \ Great Britain Forced to Abandon the Gold Standard Steel Cuts Wages—President's Appeal to the Legion. ~ By EDWARD W. PICKARD Great Britain started off the week with a bang that could be heard around the world. The national government, finding the gold reserves of the Bank of Eng land were reduced to Hfc'; i the danger point, the money borrowed from 'VmM America and France e * lrausted anfl the ■ mmm withdrawals of for elgn baiances from ' the country continu -1 adopted the evid ently wlsq, course of abandoning the gold standard at' least Chancellor temporarily The situ- Snowden. at °, c , h,l( be = on ’ e critical that this had to be .done. In the words of the offi cial announcement, “This decision will, of course, not affect obligations of his' majesty's government or of the Bank of England which are payable in foreign currencies.” On Monday the government’s bill was rushed through both houses of parliament and approved by the king, and the gold standard act was thus suspended for six months. Whether the nation will go back to that stand ard depends on the course of events. Though the government’s decision was not announced until Sunday night, it was reached several days earlier and the rulers of America and France were warned. In the stock exchanges of both countries a check was put on short selling, so the evil effects were minimized and the bears held under curb. Of course the pound sterling dropped to low figures, btft there was a decided recovery within a few hours. The London stock exchange and some continental houses were closed tem porarily. Chancellor Snowden, always cou rageous in difficulties, presented the case to the house of commons when the bill was up for passage and to the crowded benches and galleries he had no apologies to make. He cited the chief reasons for the action as follows: The tying up of British funds In Germany, with its Immediate effect on the London market. Criticism abroad concerning the British government’s expenditure In keeping the unemployed on the dole. The adverse balance of trade, which he said “lms been seized upon and exaggerated.” The new government’s inability to command a united front in the house of commons. The naval unrest “exploited in for eign newspapers, causing general nervousness abroad.” Mr. Snowden explained that as a result of all this people began to take their possessions away from England, but added that the actual crisis started last May with the collapse of the chief banks In Australia. J. P. Morgan, who was in London, gave one of his exceedingly rare in terviews to the press. “This step seems to me,” he said, “to be the second necessary stage in the work of the national government, the first being the balancing of the budget. The completion of the gov ernment’s work will be the restora tion of trade in this country. This being the case, it seems to me to be a hopeful and not a discouraging event, and one which brings the great work of the government much nearer to accomplishment.” JAPAN’S action in seizing Mukden and other South Manchurian cities was causing a lot of trouble not only for China but also for the Japanese government. The ag- ________ gressive course, itap pears, was taken by I the war office with out awaiting the up- • ' proval of the govern ment at Tokyo, and iljZefrrasß the cabinet was bad- iiHMipEH ly split. War Minis- * Ajj ter Minarai aggra- jlpljfsSjßpwH vated this rupture by ■ ending reinforce- L M ments to Manchuria ™ from the Corean gar- .... . risons on his own ini- Sh ‘dehara tiative. Foreign Minister Kljuro Shldehara was especially roiled, for he hoped to settle the quarrel with China by peaceful negotiations, and apparently Premier Wakatsuki was of the same mind. On demand of Alfred Sze, Chinese delegate to the League of Nations, a special meeting of the league council was called to hear Nanking’s protest against the action of Japan, and a mild resolution was adopted. Mr. Sze charged that Japanese troops, without provocation, opened rifle and nrtillery fire upon Chinese soldiers at Mukden, bombarded the arsenal and barracks, set fire to the ammunition depot and disarmed Chinese troops in other cities. He asked that the league act to prevent further development of the situation and determine the amounts and character of reparations due China. Kenkieh! Yoshlzawa, Japanese spokesman, announced to the council that Japan should respect in every way the stipulations of the league i I t covenant and of the Kellogg pact In her policy toward Manchuria. T. V. Soong, Chinese minister of finance, proposed a Sino-Japanese commission to try to solve the Man churia problem and this suited Tokyo, but it was rejected flatly by Nanking. President Chiang Kai-shek in a mes sage to the Chinese people, declared that “if the League of Nations and the Kellogg pact signatories fail to up hold Justice between China and Japan, the national government is prepared for a final and supreme struggle. I shall lead the army and the entire nation in the fight for the preserva tion of our race. I shall go to the front and, if necessary, fall with other patriots.” The Canton rebel government ceased Its hostile campaign against the Nationalist regime in order that ail China might unite to combat Japan. Soviet Russia took a hand in the melee, making formal protest to Japan against the latter’s course in taking steps in Manchuria without first notifying Moscow. Russia says her interests in Manchuria are as large as those of Japan. The' tone of the Moscow press was warlike. On Wednesday Secretary of State Stimson sent notes to both Japan and China urging them to cease hostilities, and the League of Nations council cabled to Tokyo asking Japan to per mit a neutral commission to inves tigate the situation. PRESIDENT HOOVER, deciding suddenly to appear before the convention of the American Legion, went to Detroit Monday and delivered a stirring address to ■ some 16,000 Legion naires and their fam ilies. He was warm ly received and lis tened to with respect, and it was evident that his main pur pose. the heading off of demands by the organization for addi tional bonus loans at this time, had been President accomplished. Hoover. Mr. Hoover made his message brief, and he dealt with no other subject than that which took him there. In effect, the President made a request that the Legionnaires should not press for additional loans under the vet erans’ adjusted compensation act. There had been a concerted move ment within the Legion to have this convention pass a resolution demand ing that veterans be permitted to bor row the full amount of their adjusted compensation certificates, instead of only half, as at present. But the President shrewdly avoided making a direct plea. He said it was not fitting that the President of the United States should plead with them in a test of patriotism. He wafc “pointing out the path of service in this nation,” Mr. Hoover said, and he left the choice with the Legion. The President outlined the financial plight of the country, and said he was convinced that the Legion would seek to add no further burden. When the President finished and had left the hall with, cries of “We want beer!” ringing behind him, he was driven directly back to his spe cial train which left at once for Wash ington. After a warm debate the Legion adopted a resolution condemning the Eighteenth amendment and calliug on congress to hold a nation-wide refer endum on the repeal or modification of the dry laws. The cbnvention also voted not to press for full payment of compensation certificates at this time. Benry L. Stevens, Jr., of Warsaw, N. C., was elected national com mander. DIRECTORS of the United States Steel corporation, the Bethlehem Steel corporation and the Youngstown Sheet and Tube company announced that wage rates of their employees would be reduced about 10 per cent, effective October 1. At the same time the General Motors corporation an nounced a readjustment of salaries, the cuts ranging from 10 to 20 per cent; and the United States Rubber company gave out word that its entire organization would • > on a five-day week, without change in the hourly scale of wages but involving a reduc tion of one-eleventh in salaries. These readjustments by huge corpo rations were not unexpected but were greatly regretted by the Hoover ad ministration. The wage cuts were bitterly resented by organized labor whose officials feared they would lead to reductions all along the line. As a matter of fact, several other big con cerns did put in effect similar cuts. DI.ANS for a general armaments * construction holiday go on apace. The League of Nations armaments committee invited the United States to participate in its discussions of this subject in a consultative capac ity and Uncle Sam gladly accepted. Then Secretary of (State Stimson an nounced that Hug-V E. Wilson. Amer- MIDLAND JOURNAL, RISING SUN, MD. wmmmmmmmmmmmmmmmmßaammmssmaaammaaammmmmmmm lean minister to Switzerland, had been Instructed to inform the committee that the United States is favorably inclined toward the Idea of an inter national building holiday for land, air and naval armaments. Mr. Wilson will report to Washington on any plan of action advanced and will then re ceive further instructions from the administration. Another hopeful sign Is the fact that Premier I-aval of France has ac cepted an invitation from President Hoover to visit Washington. It is expected he will come some time In October. JOUETT SHOUSE, chairman of the executive committee of the Demo cratic national committee, is one of those who believe it is not always wise to let sleeping 'dogs lie. He knows his party is bound to H / ‘ come up against the I prohibition question I; before or during the next national conven- I tion, and he conse- Hfevaijjf' || I quently lias stirred up the animals by pub- Slllpgflg***- J| iishing "some plat- form suggestions" ,• Jfil in the organ of the, *• •' * mil Woman’s National , .. Democratic club. _° u T , Shouse. In general Mr. Shouse stands on the liquor question with the Smith-Kaskob faction of the party. He favors the submission to the states of a substitute for the Eighteenth amendment whereby .wet states could restore the manufacture and sale of liquor, while dry states Gould remain dry. Pending such ac tion he would have light wines and beer legalized by congress as nonin toxicating in fact. His suggested plank on agriculture calls for the repeal of the federal farm board legislation, which he terms a costly failure, and he advo cates something in the line of a sur plus control device employing the equalization fear as a means of assess ing the farmers instead of the tax payers generally for the cost-of stabi lization. The discussion which Mr. Shouse’s article already has aroused is wel come to National Chairman Rnskob, who is openly seeking to crystallize party views on the major issues. DESPITE the President’s determin ation to keep down governmental expenditures, it is revealed now thnt the budget estimates for the 1933 fiscal year which have just been sub mitted to him call for expenditures that would break all records since the days of the World war. It was stated authoritatively that the esti mates top the estimated 1932 expendi tures by almost a quarter of a billion dollars. Mr. Hoover, it was said, was having a hard time deciding just where to use the pruning knife, but it seemed certain that he would use It effectively, for he has virtually pledged himself to hold down the cost of government in 1933. FLOATING for six days and nights on their fallen plane south of the Newfoundland coast, Willy Rody, Christian Johanssen and Fernando Costa Viega were picked up by the Norwegian motor ship Belmoira. They started from Portugal on a flight to New York and had not been heard from since September 14. Indeed, they had been given up for dead when the glad news of their rescue came by radio. Colonel and Mrs. Lindbergh flew to Nanking from Japan and promptly put their plane and themselves at the service of the government to help in flood relief. They went out several, times over the flooded region and ob tained photographs and data of value to the relief agencies. WASHINGTON officialdom was surprised and scarcely pleased to learn that Senor Don Manuel Tel lez, ambassudor from Mexico and for two years dean of the diplomatic corps, had been recalled to Wf | '<9 Mexico City, where, !t ' vns snW ’ he vvoul< * be B iven a p° st ln the foreign office or H 5. HH possible sent to some European capital. He 19 t 0 be succeeded by 8,*38P Dr - I>nis Casauranc. Senor Tellez has A- .--lA | )een regarded by his colleagues in the dip- Manuel lomatic corps as sue Tellez. cessful in conducting diplomatic representations before this government He came to Washington In 1920 as first secretary, shortly aft erward became charge d’affaires upon the departure of Ambassador Bonillas, and remained in that capacity until 1925, when he was appointed ambas sador by President Calles. Five years afterward, when Pascual Ortiz-Rubio assumed the presidency of Mexico, Tellez, conforming to the custom in diplomatic missions, ten dered his resignation, but this was declined. Later when Ortiz-Rubio and his family visited the capital they were the guests of the ambassador. MOST noteworthy among the deaths of the week was that of Dr. David Starr Jordan, venerable chancellor emeritus of Stanford uni versity. He passed away at his campus home after a stroke of pa raysis, at the nge of eighty years. Doctor Jordan had achieved distinc tion as a scientist, an educator and a philosopher, and * >r many years had been an advocate of world,peuce. In the field of science he was best knovh as an Ichthyologist. 4 (© by Western Newspaper Union ) | OUR COMIC SECTION [j Events in the Lives of Little Men |J THE FEATHERHEADS A Good Idea [7 SAY,FANNY....AREN'T YOU "V Uli. 1 UUN’T KMOW.„.\/NOW YOO\ / PAYING A STIFF PRICE FOR THINGS W HOW MUCH WAS THAT ] LEAVE MY \ AT YOUR MARKET? HOW MUCH UAS CIGAR YOU 1 RE. / CIGARS \THAT COUNTRY SAUSAGE TONIGHT?J —r n 1 / ALL RIGHT! YOU \ /I, A r i'll WAIT TILL LATER \ LEAVE MY COUNTRY. ] ' ’•• ) IN THE WEEK TO TRY J C Oman FINNEY OF THE FORCE Hitting It on the Head W kimg FomuecK cp \ . ft;y%ypRAITH FAWMY AMOIHEGI KING ( ( MOt-YBIOIMUM....IT IS \\f \ gjpf AN' ALL HIS OISMITAARIES / ' this toime ....am all Muh-huh!!) 3^ is BRUSH! N' THEIR PANTS t||Q/ WHOEVER THOUGHT UP \ I AN’ THE COPS IS FORMIN'A LOINE f|||.'THE WORD 'OFFICIAL-DUMB J | TO PROTECT THIS FOREIGN II NECK ....THE CROOKS (aJILU TAKE umnnrt t \OVE& THE PEST" A\f THE _____ Hi Q Weetern Newipeper e**"'