News Review of Current Events the World Over Progress of tlie Presidential Campaign ? New York City Threatened ith Bankruptcy ? Great Britain Abrogates Trade Treaty With Russia. Bv EDWARD W. PICKARD N'O CHEAT efTort on the part of candidates and campaign leaders was necessary to keep the minds of the American people on polities during the week. But The ef fort v. us made never theless. I loth Presi dent Hoover and Cov entor Roosevelt were out again on speaking tours, and eminent men of both major parties pleaded for the votes of the elec tors in nil parts of the country. In the Middle West the chief speaker for the Demo crats was Gov. Albert Ritchie of Maryland, one of the as pirants for the Presidential nomina tion in the Chicago convention. 1 1 debated issues and candidates with Henry Allen of the Republicans, in Chicago, and delivered other addresses there and elsewhere, and all the time he stressed the Importance of the pro hibition issue. Governor Roosevelt in his own be half spent eight days talking in Pitts burgh, Indianapolis, Springfield. III., St. Louis and down through Kentucky nnd Tennessee to Atlanta ; and then up through South and North Carolina. Virginia nnd Maryland, to deliver the last of his major addresses In Balti more. ('resident Hoover's Journey wns ft weekend trip whose main objective was Detroit. On the way to the Michigan metropolis he made brief stops nnd talks at Chariest own. W. Va., at Columbus nnd Toledo in Ohio, nnd several other places. The Presi dent's aides said he had developed a liking for rear platform campaigning as a result of his trips to Des Moines nnd Cleveland. There was nothing surprising In the announcement of the La Follette or gan in Madison. Wis., that the La Follette faction in that state would support Mr. Roosevelt. Rev. James R. Cox. Catholic priest of Pittsburgh, withdrew as the Presidential candi date of the Jobless party and urged all his followers to support Roosevelt. This was quite within his rights, but his public statement that President lloover "never lified a hand or raised a voice to relieve the suffering Ameri can people" is nn example of either Inexcusable mendacity or deplorable Ignorance. \T E\V YORK city Is in such a dis tressing financial condition that the bankers have refused to advance funds for the November pay roll, and fold the men who are running the me tropolis they would not save it from bankruptcy unless the budget were radically reduced. So the budget mak ers got together and slushed off ap proximately STfi.OOO.OOU. which the bankers said was not nearly enough. A large part of the savings planned by the b^ard of estimate was through the adoption of a fifty-year subway bond scheme. This. It wns admitted, spelled the doom of the 5-cent fare to which New York has clung so tenaciously. It was believed a 10-cent fare would be established within a year or two. Acting Mayor McKee tried to put In to effect wholesale salary reductions nnd elimination of workers In over staffed departments, but the Tammany bloc would have none of this. They even put Into the budget some of the ap propriations that had been cut out. The city must have additional funds supplied to It before November 1, as there is only $0,000,000 left in the treasury with which to meet the semi monthly installment of $13,000,000 for the pay roll. HEN the British parliament opened Its fnll session almost the first thing It heard was the announce ment of J. 11. Thomas, secretary of state for dominions. that Great Britain had broken off com mercial relations with S6vlet Russia ami ab rogated the trade pact with the Moscow gov ernment in order to carry out the econom ic policy adopted by the imperial confer ence in Ottawa. In one article of the agreement reached J. H. Thomas th^re. Great Britain and Canada agreed to prohibit the Im ports of any foreign country In which the state control of industries and commodity prices resulted In dumping Gov. Ritchie n broad to the detriment of the new [?referential tariff agreement of the British empire. Mr. Thomas added that both the British government and Uussia were still eager to Increase the trade be tween the counfies and that the Uus sia ns were ready to negotiate a new treaty that would not interfere with the empire's internal arrangements. The immediate practical effect of the renunciation of the trade treaty will l be to deprive British consumers of large quantities of low-priced lumber, i fish, and grain. Secretary Thomas told the house also thai the British negotiations with President De Valera of the Irish Free State had broken down and flint De Valera contended the only permanent solution of the controversy would be the creation of a united Irish republic. D E PORTS made public In Washing ion were both good and bad. Put ting the latter first, the treasury Is sued figures of the receipts and ex penditures during July. August anil September showing that the deficit of the first quarter of the fiscal year Is $402,000,000, a rate which if kept up would send the treasury into the red to the tune of $1,000,000,000. The new Income taxes coupled with high collections on miscellaneous ttt 4 en acted In the new billion dollar . bill last spring are counted on to hold thi? deficit down during the final months of the year. Statistics given out by the Depart ment of Commerce showed that the export trade of the United States In September, due principally to excep tionally large shipments of cotton. In creased over the value for the pre vious month by a margin of $23,000. ooo ? the largest monthly gain record ed so far this year. Imports likewise showed an Increase In September, as compared with Au gust. the department staled, although it was less pronounced than the gain in export trade. During the month. It was shown, imports increased by S7.000.000 to total $08,000,000. or the highest monthly import level since June. Another encouraging report was that of the federal oil conservation hoard, composed of Secretaries Wil bur, Hurley, Adams and Chapln. It said: "The American oil Industry gives indications of being the first basic industry to emerge from the world depression.** f AW authorities of Chicago, assist L* ed by the federal government, were still trying to figure out some way to bring Samuel Insull back from Athens for trail on charges of embezzle ment and grand lar ceny. The former multimillionaire re fused the demand that he surrender his passport, and strolled around the Creek cap ital watched only in formally by the po lice. But the diplo mats in Athens were rushing the proceed 1 n g s In connection with the ratification of the Greco- American extradition treaty, and the Instruments were al ready on the way to Washington. Fol lowing the exchange It was believed Insull might be extradited. The fu gitive appears to be well supplied with funds, and their source was explained when State's Attorney Swanson In Chi cago learned that Samuel Insull. Jr.. still has an Income of $100,000 from four of the corporations that formed a main part of his father's utilities structure. He receives $2.1.000 salary each from Commonwealth Edison. Peo ple's Has, Public Service of Northern Illinois and Mlldland United. The el der Insull, It will be recalled, also re ceives pensions totaling $21,000 a year so the family is far from being poverty stricken. Insull said he received a cablegram from an unnamed person warning him that the American authorities were plotting to have him kidnaped and re moved to a country from which he could be Immediately extradited. Re sponsible persons declared this story was ridiculously false. /~?OUNT STEPHEN BETHLEN, for v-* mer premier of Hungary and one of that country's foremost statesmen, was attacked In a law court In Buda pest by an assassin but escaped un injured. Louis Eaku^t, private secre tary to a former cabinet officer, ap proached the count through tiie crowd in the courtroom, but a policeman saw a dagger In his band and seized him as he made a thrust. Th