The Holly chieftain., 1923-08-02

affairs. He said nobody In Europe
cares rap for the international
court, and that 1t Is an utterly futile
agency for peace.
Senator Oscar Underwood, an
avowed candidate for the Democratic
nomination for president, on the other
hand asserts that the assistance of
America Is badly needed In Europe to
straighten out affairs. And he be-
lIeves this is necessary, too, for our
own salvation; for. he says, II Amer
lean business Is to survive 1t Is abso-
lutely imperative that our products
have European market. and Euro
pean market cannot exist until stabil-
lied governments have been estab-
lished. The failure Of the wheat mar
ket causes Mr. Underwood especial
concern.
THE German mark descended into
i the class Of the practically WORTH
less Russian paper ruble on Wednes-
day. 1t opened in Berlin at 450, 900 to
the dollar. and on following days con-
tlnued its downward course. There was
virtual panic in all German cities
Meanwhile the government money
presses are turning out paper marks
at the rate Of more than 0,0OO. .OO0,-
600 day.
RESIDENT HARDING, on his way
i back from Alaska, landed at Van
couver. B: G., Thursday, thereby estab-
fishing precedent. He is the first
American president to set foot on
Canadian soil. officials of the Domin-
ion, the province and the city and a
great throng of private citizens well
coined Mr.. Harding and his party. and
he delivered an address and attended
receptions and a formal dinner. The
exercises were participated in by the
company of marines and the O. s.
navy band from the transport Hem
derson.
A TTORNEY GENERAL DAUGH-
p ERTY went to the coast to meet
President Harding and also to conduct
in person the governments case
against building material dealers and
trade associations of San Francisco
charged with conspiracy to boycott
union labor. The government charges
the material dealers have attempted
to crush the building trades unions by
refusing to furnish supplies to con-
tractors employing organized workers.
"rhe right Of the worker to organize
into trades unions for lawful purposes
is as fundamental In America as the
right to vote-and as well supported
in law" Mr.. Daugherty said. "Any
attempt to infringe that right is L.
legal"
IF THE shipping board cannot sell
L the vessels Of the Emergency Fleet
corporation, 1t will continue to oper-
ate them. This was made known
when the board rejected the proposal
of the American Steamship Owners
association for operation of the gov.
ernment fleet.
1.-THE plan submitted proposes"
Chairman Farley said, Sin effect, that
the United States shipping board de-
liver to the steamship operating com.
paniesA the needed vessels to maintain
service on the present established
routes for the absolute control Of the
operating company without board SUI.
pervisIon; that the United States
shipping board pay the expenses OF
the operator and all losses: all prof
Its to be set aside in a special fund
for the use of the steamship operator
to buy more ships"
p 9TH houses of the Philippines
- legislature adopted resolution
addressed to President Harding ask.
ing the Immediate recall of Governor.
General Wood Soon afterward Man.
uel Quezon who resigned as president
of the senate, gave out statement
that the revolt Of the native govern.
ment officials was not intended as a
personal reflection on General Wood.
He said that Mr.. Harding should. II
possible, appoint Filipino governor
general. 1t is taken for granted in
Washington that Wood will have the
full support Of the President In rne
controversy.
M oST of southern California was
Iva visited by series Of earthquake
shocks early in the week, but little
damage was done except In the city
of San BerDardino. There was no loss