The circle banner. [volume] (Circle, Mont.) 1914-1939, 1923-11-16

AilSSlSSlppi, anu ldLhibttiAy was ''N-
Gus in New York city, routing both the
Republicans and William Randolph
Hearst in the judicial contest.
In the next congress the senate Will
! have 81 Republicans, 43 Democrats
and 2 Farmer-Laborites. The lineup
in the house will be: Republicans 225,
Democrats 205, Socialist l, Independ-
ent 1, and Farmer-Laborite Ia Re
publican majority Of II, with two va
cancies still to be filled.
Senator-elect Dale is dry and de-
feated an avowed wet, but in general
the results were accounted victory
by the anti-Volstead law element. This
was especially true in Maryland and
Kentucky. In many localities the ku
Klux Khan was an issue, and in most
cases the Khan won.
~ OVERNOR WALTON of 'Oklaho-
NJ ma sought the intervention of the
federal courts to halt the impeachment
proceedings against him, but this was
denied by Judge Cotteral at Lawton on
the ground that the court had no juris-
diction in the case. However, the gov
ernor was granted new hearing at a
date not yet set. Meanwhile the trial
has begun and Walton has appeared
before the senate court through coun-
sci and pleaded not guilty, making
sweeping denial of all the charges. The
governors lawyers insist the court
Ill Ia oil
charges before voting on verdict.
TN A report to the President the War
l. Finance corporation asserts that the
solution of the wheat problem requires
the adjustment of production to Amer
lean needs if the world market Is over
supplied from other producing coun-
tries at lower prices than are salts
factory to American growers, and the
development of an improved marketing
system. The latter, the directors OF
the corporation think, can be brought
about by the organization Of the pro-
ducers of the country for the purpose
of marketing their wheat under the CO.
operative marketing plan, making 1t
unnecessary to rely so completely upon
the uncertain functioning of the specu-
lative public contract market.
The report expresses strong opposi-
ton to the various proposals looking to
an increase in the tariff on wheat, gov
eminent price-fxing and government
purchase of surplus wheat
a FTER hearings in the branch
"A banking controversy, the federal
reserve board has ruled, as condi-
tion of membership In the reserve sys-
tenn of state banks, that the applicant
agree to establish no branches except
within the city where the parent bank
is located This policy goes into effect
February l, 1924. A resolution adopt
ed bv the board declared that estab-
lishment of branches by state banks
produced an inequitable situation for
national banks, which cannot establish
branches without permission of the
controller of the currency.
OR ERIC DRUMMOND, secretary
~ general of the League of Nations,
was received the other day by Premier
Mussolini, and came away with the as
surance that Italy had no prejudice
against the league and that the pre-
mier favors its principles. Mussolini,
however, informed the secretary gen.
eral that Italy required that her posi-
ton as one of the great powers and
one of the founders of the league and
a principal signatory of the Treaty of
Versailles should be Adequately estaD-
lished."
THE budget bureau has received the
IL department estimates for the next
fiscal year, pared them to the bone and
submitted them to President Coolidge.
The total sum asked by the bureau is
81, OO,000,OO0, this representing saw
ing of S12e, 100000 from the amount be-
ing expended in the current fiscal year.
OF course congress may see fit to
change some of the items.
IN A decision announcing the princi-
pies to be applied in determining
American claims against Germany, the
mixed claims commission upholds
broadly the claims growing out OF the
torpedoing of the Lusitania, numbering
27S and aggregating about 22,6O0,OOO.
The commission refuses to assess ex-
emplary, or punitive, damages, holding
they are penal in nature and not au-
thorized by the treaty Of peace. 1t dis
missed 30190 claims, totaling about
s345. 100000, for the recovery Of insur-
ance premiums paid by Americans for
protection against war hazards.