The Princeton union., 1921-09-15
NEWS SUMMARY
IN THE CAPITAL
Decison to Postpone Certain Legisla-
ton Until After Disarma-
ment Conference.
Hooyer's Plans for Unemployment
Conference Eliminates Dragging
in Labor Squabbles.

I'll alLcT Cuo NoAAASAS SAANN
on the limitation of armaments. This
decision, which will be submitted to
congressional leaders for their ap-
proval, includes even tariff legislation,
which now seems destined to post
ponement until next spring or later.
Herbert Hoover's plans for the ma
tional unemployment conference aim
principally and primarily at getting
down to the "brass tacks" of the out
of-work problem. Attempts to drag
in controversial labor questions like
the open shop or any of its allied
squabbles will be suppressed. In this
Mr.. Hoover shows wisdom.
Attorney General H. M. Daugherty
announced on Monday that the United
States is opposed to a supergovern-
ment behind masks and Instructed
William J. Burns, chief of the bureau
of investigation in the department of
justice to inquire into the activities
of the Ku Klux Klan and report his
findings to him.
President Harding has announced
the complete membership Of the Amer
lean delegation in the forthcoming in
ternational conference on the limita-
ton of ornaments in connection with
which the Pacific and far eastern ques-
tions will be considered: Charles
Evans Hughes, secretary of state, re-
publican; Henry Cabot Lodge, senator
from Massachusetts and chairman of
the senate committee on foreign rela-
tions, republican,; Elihu Root, former
secretary of state and later senator
from New York, republican; Oscar W..
Underwood, senator from Alabama
and democratic leader in the senate.
Informal reports to the white house
concerning the conditions of industries
are more reassuring. The belief was
expressed that there were evidences
of a marked change for the better.
The situation, so far as wheat and COT
ton are concerned, has been somewhat
improved by heavy shipments of wheat
and advanced price Of cotton. The
livestock industry, however, has not
shown the hoped for improvement and
it has been necessary to make provi-
sion for liberal financial assistance.
During the fiscal year 1921 the quar-
termaster corps of the army salvaged
and turned over to the department Of
agriculture used road equipment hav-
ing an estimated sale value of $780,
600. That equipment is being used in
the maintenance and building of
state highways in various parts of the
United States.
Action which may lead eventually
to a general reduction of the freight
rates on building material, stimulating
further the home building boom that
has begun to materialize, was an
nounced by the interstate commerce
commission. Railroads in the eastern
trunk line territory were granted au-
thority by the commission to make
effective October 1 what will amount
to 25 per cent reduction in rates
on sand, gravel and crushed stone be-
tween practically all points in Penn
sylvania, New Jersey, Delaware
Maryland and portions of West Vir-
ginia. "A large portion Of these com.
modities for roads, building and other
construction work will be affected and
it is expected that the annual reduc-
tion charges will be much in excess of
million dollars" the commission said
in a statement.
The war finance corporation now is
considering seven transactions involv.
ing approximately $26,00O,0O0 for the
financing Of agricultural products
They are: Oklahoma Cotton Growers
associations, 100000 bales of cotton
Texas Farm Bureau association, 3OO,.
600 bales of cotton; California Prune
and Apricot growers, inc, 25,OO0,OOC
pounds of prunes; Washington Wheat
Growers association, 100000 bushels
of wheat; Oregon Cooperative Grair
association, 100000 bushels of wheat
and the Mountain Wheat Growers as
sociation, 100000 bushels of wheat.
The administration will not concede
to the league of nations the right tt
take up the controversy between Chill
and Bolivia and, if the Bolivian dele
cation has been correctly quoted, ma!
issue statement defining it's attitud,
and stating that action on the problem
would be violation of the Monro,
doctrine
Repeal of the excess profits tax rat'
of Is per cent as Of January I, 1921
reduction Of the surtax maximum rat,
to rs per cent effective January 1
1922, and retention Of the transporta
tion taxes at half the present rate!
during 1922, were the principal reve
nue. revision recommendations of Sec
retary of the Treasury A. W. Mellol
made to the senate finance committee
President Harding has abandoned
any idea of forming an association o:
nations as a substitute for the pres
ent league Of nations. The presiden
makes it clear to those who have made