The Holly chieftain., 1924-02-14


troops had prominent part in the
battle OF Cordoba. Admiral Magruder
with the United States cruiser Rich
mond is at Vera Cruz cooperating in
efforts to restore normal conditions
there.
has resigned as pre-
mier of Greece, turning that post
over to Kafandaris, who formed a
new ministry. but the venerable pa
triot is still dominating the policies
of the government. In order that
Queen Marie Of Rumanla may not
stir up trouble on the ground that her
son-in-law. King George, has not been
rejected the suggestion of Henry Nor
genthau that the status of the Glucks-
burg dynasty be settled before the
plebiscite is held to determine the
form of government.
LJAsAA4o Xh44NAo E1S uASJOkNAL1
of Great Britain says the British
recognition of the Russian soviet gov
ernment is absolute and without quib-
bles. He also says both Russia and
Germany must be admitted to men,
bership in the League of Nations and
that he believes France will consent
to this. Concerning British relations
with France. he says the "hesitating
and negative attitude" of the British
government has been abandoned. Al
ready, at his suggestion, the French gov
ernraent has agreed to quit its sup
port Of the separatists in the Palat-
mate and the RhIneland. This auto
matically answers strong protest
sent last week by Berlin to Paris COM
planning of the French aid to the
separatists and demanding that con-
dtiohs in the Palatinate be re-estab-
lished In accordance with the treaty.
Germany also asks the withdrawal of
the customs measures In the occupied
territory.
Italy and Russia signed CONNER
cial treaty on Thursday and Mussolini
thus recognized the Soviet govern
ment. He will soon appoint an ambas-
sador to Moscow,
A LEXIS /. RYKOv was elected head
"A Of the Russian council Of COM
missars to succeed the late Lenin. The
rumors of a split In the soviet gov
ernment have crystallised Into reports
that considerable part Of the army,
controlled by Trotzky. is In revolt and
that 1t is planning to march on Mos.
COW when the spring thaw sets In
early In April. The rebellious garri.
sons are said to be cooperating with
Ukrainian troops that are preparing
for reign Of terror and slaughter
of Jews in southwest Russia.
GO FAR as the house ways and
~ means committee Is concerned,
the new tax bill is completed and
ready for reporting to the house this
week. The Republican members of
the committee agreed to stand togeth-
er for the Mellon surtax and normal
tax rates. and approved definitely the
sections embodying reduction Of Is
! per cent in individual income taxes
payable in 1924 on 1923 incomes. The
present jewelry tax rate Of per cent
Is unchanged. but will not apply on
articles valued at $40 or less or on
watches valued at 500 or less.
THE conference on measures to aid
l the wheat farmers and banks OF
the wheat region. under direction OF
President Coolidge, drew up program
Of which these are the salient fas.
lures:
!. Creation of a s1O,0OO,O0O corpora,
tion to furnish financial aid to bank
Ing and agricultural interests, an un
dertaking indorsed by the conference
Of financIers and business men from
the Northwest invited by the Presl
dent.
2. Passage of the Norbeck- -Burtnes.
bill providing for an appropriation OF
$5O,OOO,00O for loan fund to be ad
ministered by the secretary of agri
culture and two commissioners for tht
financing of crop dirersifcatIon BY
wheat farmers.
8. Extension 10 the end of this c,p
endar year the period In which tn,
War Finance Corporation may max,
advances for agricultural purposes.
E. w. Decker, Minneapolis banker
and G. G. Jafrray. president Of the So,
line. were suggested as managers O.
the $10.0oo,Ooo corporation, and 1t wal
intimated that President Coolldg,
would Increase the tariff duty OF
wheat from 40 cents to 45 cents .
bushea II, as he hoped. the tariff com
! mission should approve such increase