Page Two mm PASS IN REVIEW GREAT NATIONAL RESOURCES PROGRAM REPORTED?STEEL INDUSTRY'S PLANS. By EDWARD W. PICKARD Western New = !iaiH.*r Unl n pKKSI L>ENT ROOSKVEI/rs nn* tlonal resources hoard. appointed last .Tune to devise "a plan for planning." with Secretary of the Interior !jrram. coverinc HO to oO v< ars. for development of land, water ar? *!2Sfe M& veys projects which t presumably include the administration's relief and public Harold L. works program for the Ickes immediate future, these being: 1. Improvement of highways and the elimination of grade crossings. 2. National housing, including slum clearance, subsistence homestead, rehabilitation, and low cost housing projects. 3. Water projects, including water supply, sewage treatment, flood control. irrigation, soil erosion prevention, and hydro-electric power developments. 4 Rural electrlfleation. Secretary ot Labor Perkins, a member of the board, has said that if its recommendations are carried out, nil unemployment will be eliminated for the next 25 years. These, she says, are the results that might be expected: 3. Provide i much creator development of water resources. 2. Stop menace of floods. 8. Stop soil erosion. 4. Remove all marginal or submarginal lands from attempted production. 5. Stop waste of mineral resources and substitute a national policy of conservation. fi. Create great new recreational acres. 7. Assemble basic data for mapping. public finance and population, necesary for national planning, with a mlddecennial census in 1935. 8. Co-ordinate socially-useful federal, state and municipal public works. 9. Provide for continuous longrange planning of land, water and mineral resources "In relation to each other and to the larger background of the social and economic life in which they are set." The hoard's report does not suggest that the government spend the $105000,000,000 Involved, but recommends a national plan of co-ordinating federal construction projects with state and local undertakings. It also recommends a public works "reserve" of $ 10,000,000,000 to take up the slack of construction In periods of depression, but does not suggest where such a fund?more than one-third of the total national debt?could be obtained. FROM his economic security advisory committee the President received a recommendation for an unemployment insurance system based upon contributions from employers iiuou^ii a |m:j i t?ii kia , uuu aieu uurc proposed plans for old ape pensions submitted tor his consideration. It was recommended that payments to workers who become jobless should be 50 per cent of their pay but payments were not to be less than $15 per week for 25 weeks in the year. States would l>e permitted to set a higher standard if they wished. A "waiting period" of from two to four weeks between the time a worker lost his Job and the time insurance payments started was provided for. Five years ago it was asserted that thp steel Industry was far overbuilt. But its general program for 1935 build ing is now made public, showing that it plans the exiiendlture of $100,000,ooo for new equipment. This includes the Eord Motor company's $19,000,000 program, already described in this column. Other items are: The United States Steel corporation has pledged ?40,009,000 worth of modern!zatlon in the coming year. The National Steel corporation has announced a $12,000,000 expansion for Its subsidiary, the Great Lakes Steel corporation. Carnegie Steel is building a 42-Inch hot strip mill at Youngstown, Ohio, and Bethlehem is planning a 60-lnch hot strip mill for its Lackawanna works at BufTalo. * Youngstown Steel and Tube company Is completing a $7,000,000 mil] at its Campbell (Ohio) works, and nearby tne Republic Steel corporation is spending $500,000 for a new electric weld tube mill building. linALANCED abundance" is the 13 keynote sounded in the program offered by Secretary of Agriculture The Cherokee Sc Wallace In his annual report Con vlnced that agriculture should b< brought under permanent federal con trol, he will ask congress for drastic new legislation. This will include broad amendments to the AAA. great exten sion of the grain futures act and passage of the Tugwell food and drugs bill. While he insists on continuance of crop control, Mr. Wallace advises against falling Into the pit o" "scarcity economics"; nevertheless. I.e de fends the working of the AAA reduction schemes to date. lie sees "the end of our period of emergency adjustments, of drastic reduction in farm output coming into view." Hereafter, the task may in elude adjustment of production to a rising demand, he says. To this end. as a safeguard against the effects of crop failure In the future, the secretary demntided an apology and indemnities, and flatly refused arbi- I tration of the ?iunrrci. W III LK the seriate committee lieadNortli I'akota was still investigating j munitions makers and their profits _____________ and methods. President Roosevelt named another committee charged with the duty of preparing legislate^. ^ tion that would uuPv thorlze tlie Chief Executive, in time of war, ft -N to assume absolute w.?... power over industrial profits, prices and ^ wages and over the op- ? erations of all IndusBernard M. ,ries- M. BarBaruch l,ch. **ew financier who was head of the war industries board, was made ( chairman of this commit t??i? nn?l I Ion ?? Hugh S. Johnson was appointed to be Mr. Baruch's assistant Others on the committee are Secretaries Hull j (state), Morgenthau (treasury), Dorn (war), and Swanson (navy) ; Undersecretary of Agriculture Tugwell, act- f, ing for Secretary Wallace; Assistant Secretary of Labor McGrady, acting q for Secretary Perkins; Assistant Sec- /y rotary of the Navy Henry Latrobe Roosevelt; Rail Co-ordinator Eastman; # Gen. Douglas MacArthur. chief of q stall; and Foreign Trade Adviser George N. Peek. The President told newspaper men a gathered at his press conference If that "the time has come to take the ' protit out of war." He declared that A not only the war profits of corpora- L tlons would he under inspection but i the wages of individuals as well. He L pointed out the disparity between the A soldier's pay of SI a day and that of j the munitions worker at $10 a day, and F declared this unequal mobilization, as D he called it, had led to the veterans' demands for a soldiers' and sailors' = bonus. Legislation will be asked of the new congress meeting In January, Mr. Roosevelt said. He added that he regarded the subject as one of the most important of any to l>e laid before congress. The President insisted that his move at this time was not prompted by any threat of war. The war horizon, he I said. Is cloudless. Neither should the I proposal be considered one for war preparedness, the President added. In order that he may aid In handling expected War department legislation, General MacArthur Is retained as chief of staff indefinitely. ! ? ' < ALL Michigan was thrown into ) mourning by one of the worst N disasters that ever occurred In that 9. state. The Hotel Kerns in LansiDg. crowded with legislators gathered for a special session of the assembly, was * destroyed by an early morning fire, < and probably as many as forty per- r, sons were killed by the flames or by D leaping to the street or Into the Grand e river on the bank of which the hotel n stood. The exact number of victims tl may never be known, for the register j ^ H'OC hlirntul A r lno c? elv mAn?Kn?? ' ? *y> December 97 m?1 the legislature lost their lives. ?|"M in. 1 have more than enough 1 votes to win," said Representative Joseph W. B/rns of Tennessee: ! and this euded the contest for the j 4 speakership of the next house, for a ; 1 count of noses proved Mr. Byrns was ; 1 1 right. The Present remained neutral, I 4 and one after another the state delega | j tions fell into line for the Tennessee There remained the race for the floor 1 leadership which was sought by a number of men, including John W. Mc Cormack of Massachusetts, John E_ Rankin of Mississippi, James M. Mead I and John J. O'Connor of Ne'T York, 1 William W. Arnold and Adolph J. Sabath of Illinois 8 . r INVITED by the League of Nations f council to name the commander of C1 1 the International force to preserve or- ^ ' der In the Saar before and daring the 1 > plebiscite of January 13, the British government ^gave the post "lo Ma J. J. E. 8. BrindT a soldier of considerable ' experience In and since the World war. The British contingent will com- 1 > prise 1,500 men. The Italians will nnm- 1 ; ber 1^00. the Swedes 250. and the < I Dutch 230, bringing the total to S3UU. ^ A ^ r# - "" rijrht lever and then watch. In this case the right lever Is old Foxton.'1 They went into a huddle of secret planning. At twelve that night they were to hold especial celebration. They could count on Old Foxton. The moment the big hell began to clang . . that would ue me nrsi insir.nl or rne urst minute of the.New Year. Exactly! There was something tine and dependable in the thought of Old Foxton. they said. Gave you confidence in the human race, lie was as right as Fatwelve, where parties were in prog- JwT Tslf&L ress, every one lift stopped talking ly Vl? rhey waited expec- jJ tantly. The minute // hand crept on to aliened In readiness Ilrst ringing of the || great bell. But no P TV^s4' ll sound came clangtops . . . only the saiall tinkles of their own clocks chiming the boor. SILENCE! Nothing more. They waited. At ten minutes past the hour the big bell sounded Its twelve deep notes. Clocks were set back ten minutes. Even those people awakened from their sleep looked at their watches ind set them right with the bell. Next day confusion reigned?often annoying but not serious. Badio programs were tuned In ten minutes after their beginning. Two solemn youths, unnaturally grave, were exhibiting their watches to this and that unconvinced citizen. "But you're wrong, both of you," declared every one. "We were all wrong. We know it because we set our clocks by the midnight t>elL" The boys raised surprised eyebrows. 'But we," tliey laid, "have correct 'railroad' time. Nobody in Landers is right . but us 1" It came out at last- It had to. of course. Did Fox ton sputtered to his wife. His wife told a neighbor. The news ran like wildfire. Though inclined to be scandalized at first, the whole town laughed. It came to be considered a capital Joke .If never repeated. Twenty minutes ?etore midnight the lanltor in his cubby-hole found himself ? bound, and not too roughly gagged. His watch was removed from his pocket and held before his eyes. The minutes ticked themselves away until twelve. The old man writhed in his bonds. Not a sound from the steeple. Five minutes past . ten minutes past the hour. Then the slow clanging of twelve strokes. Fox ton never discovered who kept dim in his chair or who rang me oenBandit-wise a handkerchief swathed all but the eyes of his Jailer. When the last stroke sounded, the stranger untied Fox ton's arms. He swiftly left, locked the door, and threw the key through the transom. By the time the old man had freed himself there wasn't so much as a sound In the entire building. "Its a good idea. Just the same, ' remarked one solemn youth to another, **for a person lot to be right all of the timer fe Wntira Nswaps pw | THE NEW YEAR By GEORGE COOPER in Indianapolis News 1 \SONC for the Old ! While its knell is tolled. And its parting moments fly! I ui a sung und a cheer the glad New Year, While we watch the Old Year diet h! its grief and pain e*er can come again. And its care lies buried deep; ut what joy untold oth the New Year hold, And what hopes within it sleep! sung for the Old, * hile its knell is tolled. With a grander, broader zeal, nd a forward view, el us greet the New, Heart and purpose ever leal! \ et the ills we met, i nd the sad regret, I With the Old be buried deep; or what joy untold 'ol/i the New Year hold. And what hopes within it sleep! Jhejliqht ^Martha ^ ? | Banning |1 ThomajJfl new vear-j g MTI1HE town hall of the sinull f JJL\ village of Landers had no clock, but a bell in the cupola. l'he Janitor was one of those fussy fellows who make a positive creed of do 5CLJS\ ing jverything on the dot "22L\ ^ept his watch set "rail oad time,* consequently when the old tan entered the ball .n the morning, very one knew it was exactly one ilnute of seven. The selectmen met here. The offices of the probate judge rere on the second door. The town all had to he kept warm. When the Janitor left at night . 4Hbm il was exactly five yJ|H| minutes past six. At six the hell pealed iout its only ringing tor the day, and peo pie set their watches ^5 Old Foxton had a >wn where he could rest smoke when be wasn't busy. It was the custom on Mew wBs' Year's eve for the own hail bell to ring 0111 at midnight. One ot the youths who had long cov ted lb* fun of New Year s eve bell lnging held a conference with a rlend. "Have you ever thought." said his enterprising young man. "what a oke It would be to have the whole own lata for a day?" His friend cocked up his ears. "It's possible for one individual to end the lives of a thousand people 3to a tail-spin of unpunctualilj . . . ver a mere matter of ten minutes." 'hey stared at each other, a slow grin rowing ? tnelr faces. "Ton pall the