The Alamance gleaner tf ? "j:| VOL. LVJX. GRAHAM, N, C., THURSDAY JULY 13, 1933. NO. 23. News Review of Current Events the World Over London Economic Conference Is Saved From Immediate Dissolution by Secretary Hull?Roosevelt Pushes His Domestic Recovery Program. By EDWARD W. PICKARD PRESIDENT ROOSEVELT adminis tered what looked like a knockout blow to the world conference In Lon don, and then, at the urgent request of Secretary Hull ana his colleagues, made an effort to restore It to consciousness and action. Of course Mr. Roosevelt had not In tended to paralyze the parley, but he wished it to proceed In accordance with his own ideas, and those probably are the Ideas of most of his fellow countrymen as well. Ilis effort was President Roosevelt not at nrst successrui, tor tne tenners, yielding to the demand of the gold bloc, decided the conference should take a recess for an indefinite time. This accorded with the views of some of the American delegates, but Sec retary of State Hull, acting under In structions from President Itonsevclt, fiercely fought the plan and finally per suaded the bureau, or steering com mittee, to change its mind. It then de clared it was firmly determined to pro ceed with the work of the conference and asked the various subcommittees to prepare a list of questions that could be usefully studied by the con ference. monetary problems being ex cluded by the gold bloc. As tariff problems also arc out, it may seem that the conference has lost its first rank Importance in world news for the present. What the President first did to the conference was In the form of a note, rend to It by Mr. Hull, beginning: "I would regard it as a catastrophe amounting to a world tragedy If the great conference of nations called to bring about a more real and perma tnent finnncial stability and a greater prosperity to the masses of nil nations _ should In advance of any serious ef i fort to consider these broader profi le lems allow Itself to be diverted by the proposal of a purely artificial and j temporary experiment affefctlng the ! monetary exchange of a few nations J only. 1 "Such action, such diversion, jhows a singular lack of proportion and fail ure to remember the larger purposes for which fhe economic conference originally was called together." delegates of the gold bloc nations, led by France, were angered both by the President's attitude on stabiliza tion and by what they considered his dictatorial manner, and Prime Minis ter MacDonald was grievously disap pointed. The conference leaders met and after a lot of exceedingly plain speaking adopted a resolution to ad journ, which was what the gold bloc Insisted upon. Secretary Hull alone, still hopeful and clinging to the inter nationalist doctrines which the Pres tdent had abandoned, argued for con tlnuance of the conference and finally persuaded the other leaders to with hold the adjournment resolution until further word had been received from Mr. Roosevelt. The President's second communica tion was more conciliatory in tone but showed no disposition to retreat from the position he had taken. He asserted that the raising and stabiliza tion of commodity prices was the ma jor ohjective and the exchange value of the dollar in terms of foreign cur rencies a minor consideration. Delegates of France, Holland, Bel glum, Italy, Poland and Switzerland? the chief gold standard nations?met informally and formed a monetary pool which pins all their currencies one to another. They also decided In principle to form an economic union. *T*HE wheat committee of the econ omlc conference alone ^accom pllshed something. It announced that the United States. Canada. Australia find Argentina, the great wheat pro dueing countries, had accepted the American plan for restriction of acre age and production. The agreement is subject to the aa sent of Importing countries to some provisions for abolition of certain reg ulations concerning milling and qua tas. The purpose of the plan is that wheat should he raised In natural growing countries and that European efforts to foster artificial production be abandoned. IMPOSITION of-the processing tax * of 30 cents a bushel on wheat went Into effect and Secretary of Agricul ture Wallace let the public know that be Intended to exercise hla powera to promt "uoreuopable" te^reuo ? retail prices in Its wake. The Iowa Bakers' association had proposed to increase hread prices from 5 to 8 cents per pound loaf, and Mr. Wallace warned them, calling attention to his authority. The President of the Iowa association communicated with na tional headquarters of the American Bakers* association and announced that the projected price advance would be withheld until further notice. How ever, br^ad prices in certain cases were advanced in Minneapolis and St Paul, in western Pennsylvania and also In some other localities. The Internal revenue bureau as sumed the task of collecting the processing tax. Forms for its en forcement were sent out, requiring re turns from approximately So,000 bak ers. 450,000 retailers and 4,000 millers. The tax applies not only to wheat ejp tering mills to he ground into dour, but also to stocks of products processed from wheat held by millers and bak ers. Its purpose, it may be recalled, is to finance wheat acreage reduction. To finance application of the farm act to corn and swine the farm ad ministration is planning to put into effect by October 1 a processing tax on hogs from which it is expected $150,000,000 will be realized. A maximum processing tax on cot ton, probably 4 cents, is to become ef fective on August 1, if the acreage re duction campaign now under way in the cotton belt succeeds, and a proc essing tax of about G cents a pound is to be levied on cigar leaf type tobac cos by October 1. Returning from his vacation cruise to Campobello island, the President received members of his cabinet on board the cruiser Indian ? j a pons, a n n then H?j landed, went to the Hj| White House and jM plunged Into the task H of Kettins h,s utors to the family needs, to the ex tent of at least twenty-five dollars monthly, with direct benefit to their relatives and to local relief agencies." LITVINOV has greatly strengthened the Russian government's world position by bringing to a successful conclusion negotiations for a pact of pon aggression with seven of Its neigh bors. The states signing this conven tlon. besides Russia, are Estonia, Lat via. Poland, Rumania. Turkey. Persia and Afghanistan Litvlnov said in London: "The convention constitutes ? new link in the chain of the Soviet gov ernment's measures systematically di rected towards reinforcement of peaceful relations with Its neighbors. The Soviet Union Is ready to sign similar conventions with any other states Irrespective of their geograph ical position and existing relations with Itself." Several days Inter It was announced that Lithuania ami llussla had signed a pact along the same lines. Kc'FOKTS to renew trade relations be tween the United States and Soviet llussla, earnestly promoted by Smith Wild man Hrookhart. are hearing fruit. The first result Is a deal by which Itiissla acquires (iO.OUO to SO. OOO bales of American cotton. It Is to he financed by the lie construction Finance corporation which will make a series of loans totaling about $4,009. 000 to American ex porters. These loans will be secured by notes of the Amtorg Trading company and Smith W. Brookhart unconditionally guaranteed hy the Soviet state bank. Anitorg la owned by the U. S. S. It. and was organized by the new Itussla to carry od ita business in a country where It had no official standing. The loans will be for one year and. like the $.30,000,000 advanced to China by the Reconstruc tion corporation for the purchase of wheat and cotton, will bear 5 per cent Interest. There was much discussion as to whether this transaction foreboded diplomatic recognition of the Soviet government by the United States?an other of Brookhart's hobbies. Assist ant Secretary of State Holey bad an Intimate talk in Condon with Maxim l.itvinov, astute commissar of Russia. Riga dispatches say that Moscow ex pacts this recognition by July 81. Chancellor hitler has real ized his ambition to control Ger many politically, for the Catholic Cen trists, the last surviving non-Nazi party, has dissolved, as has the Ba varian People's party, which before the elections of March 3 was the sixth in importance of the groups In the rcichstag. Semiofficially it was announced ne gotiations between the Centrists un der Former Chancellor Bruening and the Nazis had been closed, with the Centrists' reichstag members becom ing "guests" or "hospitants" of the Hitlerites. Bruening himself, one source said, would-not become a Nazi, but Count Etigen Quadt-Isny, who was empow ered to act for the Bavarian popu lists, applied for admission to the Nazi party as a hospitant and advised his colleagues to do the same. All other opposition parties having quit or merged with the Nazis, the Hitler government Is now free to go ahead unhampered with its "national revolution," which Is being extended to industrial, religious, educational and agricultural life. HIGHLY successful aviation meets were held in both I-os Angeles and Chicago. The only unfortunate incident In connection with the Cali fornia affair was the death of ItusseJI Boardman. noted transoceanic aviator, whose plane crashed at Indianapolis as he was racing across the continent. AMONG recent deaths were those of Albert It. Ersktne, former head of the Studehaker automobile corpora tion, who committed suicide: and Hipolito Yrigoyen, one of the most powerful figures in Argentina and twice President of that republic. THOSE who are Interested In the doings of the movie folk?and their number Is legion?are avidly reading about the break up of what had been regaraeu as ine ineai I family among tlie clnoma actors. .Mary I'ickford and Doug las Fairbanks. It ap pears, hare reached the marital divide, as the I.os Angeles correspondents phrase It. and are about to separate. Whether they will be divorced j| remains to be seen, hut they pro; .My will lary Pickford he. The news came oik wnen 11 was announced thai ?'I'ickfnir." their hnme In Beverly Hills, was for sale. On helinlf of Mary this statement was maile: "tt is true that Plckfair is for sale. It Is true that seiatrntlon be tween Douglas Fairbanks any T. %V. BuritciM ?WNU Service. COOKIES AND CAKES DESSKUTS, cakes and cookies which may be made, put Into the Ice chest and baked the next day or a few baked during a period of several days will give the family fresh, delight ful food at a small cost of time. Ice Box Cookies. Boll two and two-thirds cups of sugar, one-third cup of maple sirup and one half cup of butter; cool, add one beaten egg, two teaspoons of vanilla, four cups of pastry flour, four teaspoons of baking powder sifted sev eral times with the flour to blend It. one teaspoon of salt, one cup of chopped nuts. Mix and make Into rolls, la; on a cloth and place In the ice box. Cut and bake as many ag are needed for the day. Remove tbem at once when baked or they will stick to the pan. Delicate White Cake. This Is a recipe which makes a loaf or a two-layer cake, always fine grained and tender of crumb. Take two cups of sifted pastry flour, three teaspoons of baking powder, one-half cup of butter, one cup of sugar, three fourths of a cup of milk, one teaspoon of vanilla and three egg whites beaten stilf. Cream the butter, add the sugar, then the flour well sifted with the bak ing powder alternately with the milk. Fold in the stiffly beaten whites at the last with the flavoring. Bake one hour if In a loaf, or 20 to 2o minutes If In layer tins. ?. 1533, Western Newspaper Union. HOLD FAST By DOUGLAS MALLOCH WITHIN a pasture lot one day. Where I had gone to ketch a colt. I let the critter git away? I.et go to git a better holt And then I stood and blamed the beast Like people will, got good and mad, Because It took an hour at least To git again the holt I bad Vet In that pasture, It appears, I learnt a lesson, learnt a lot: 1 don't let go. In later years. Until a better holt I got. Hold fast, the Scriptures say. to good. Until some other thing yon know Will turn out like yon thought tt would, Of what you got don't quite let go. If I had held him by the mang Until I go* his baiter on? I guess the lesson's purty plain. With either Job or money gone. For lots of things can go astray About the same as horses bolt, So don't let go?not, anyway. Until you got a better holt. C 193], Dousla. Ualloch.?WNl Serv'.cs. For Tennii or Golf This tennis or coif frock Is in s san fortzed-sbrunk Jacquard broadclotl called JacateL The waist back maj be unbuttoned down and tbe belt car rles tee*. Tbe deaicn la from Pec* and Peck. IGRAPHICGftLrl } \ WJANGS A ouvwtv / A I PCACTlCE m\ -trap. "* f v.-? ~~ ' ca PRACTICE TROUBLE SHOTS FRANCIS OUIMKT. one of the best known exponents of recovery shots, thinks a practice sand trap would be , a liclpfuI addition to most courses. Those extra strokes that the average , golfer takes In getting out of trouble are, according to Ouimet, the cause of high scores. A sand trap usually frightens such a player out of any semblance of a sound stroke. Some times he e\|?eriments with a shot he thinks would work and finds It will not. Generally the safest and most used method Is the explosion shot. Ouimet Is an extort at this phase of the game and more than once has blasted opponents' hopes by a perfect blast from the bunker that on occa sions landed the ball into the cup. In the explosion shot the clubhead does not touch the ball. It Is lifted out by the force of the clubhead as It cuts through the sand beneath It. The Important thing Is to hit well behind the ball so that the danger of driving the hall Into the sand will be elim inated. ?. 153J. Bell Syndicate. ? WJCU Serrlce. I PAPA rNCW>-| r'nrbJ69 i??\ ; iqjl inrj -Pop, wh?t la a fynonaslumT" 1 "Where anyone can get the breaks." e i>? ??" m^iiu-wvniweK Gl&ll&CsP . & "One may still find the old familiar mugs in the barber shops," says ob serving Olivia, "but with the lather on the outside." f). 1331. Bell Syndicate.?WNU Service. KONERS I ^ ? 1 An octoroon Is an eight legged, pink spider, same as octopus. BONERS are actual humorous tid-bits found in examination pa pers, essays, etc., by teachers. Abraham Lincoln wore coarse home made trousers, but his soul was like a star. ... Hie two Shakespearean plays I read were "Homeo" and "Juliet" ? ? ? When Lindbergh paraded through New York, he was the sinecure of all eyes. ?. 1033. Bell S?ndlcate.?WNU Sendee. "Electric Eye" Is a Perfect Watchman Tilt famous Westlnghouse "electric eye," or photo-electric cell watchman, has been perfected to such a degree that Westlnghouse has placed a $20 bill In an exhibit at the World's fair In Chicago, free to anyone who can get It. The catch In the proposition la that as the band Is pushed through a min iature pacing teller's cage it Interrupts a beam of light which In turn causes the photo-em;trie cell to raise a barrier Instantly to protect the treasure It la guarding.