The midland journal. (Rising Sun, Md.) 1885-1947, 1924-03-21

adoption of the Ford offer. but the
automobile magnate seems to have our
legislators "buffaloed" politically.
DRESIDENT COOLIDGE sent spe-
cial message to congress last week
urging 1t lay aside all other business
and authorize 25 per cent reduction
In 1923 income taxes before March Is,
the last day for the filing of schedules.
He said the people expected 1t and 1t
would benefit all elements. Opposition
appeared at once, and Representative
Longworth told the President there
was not the slightest chance of passing
the emergency resolution. The Demo-
Gratis, and insurgent Republicans ac-
cused Mr.. Coolidge Of playing politics
On all sides, however, 1t was agreed
that the general tax bill, now. being de-
bated in the senate, will carry the Is
per cent retroactive reduction.
THE new soldiers bonus bill, pro-
I viding paid up life insurance poi
Icies. was completed by the house COM
mittee The policies are to be twenty
year endowment and valued on the
basis of length of service. with 81 al
lowed for each day of home service
and SLIPS for each day OF overseas
service, and to the total win be added
/ OK v,or oou< Tlrnvycsc,, q v,,ado for 40.
pendents and for cash payments to
veterans not entitled to more than $50.
The total cost of the bill, 1t Is esti-
mated, would be about $2.O00,000. 900.
and not more than $90,000,00O would
! have to be expended by the govern
ment in any one year..
FEDERAL JUDGE KENYON having
= declined the navy portfolio. Presi-
dent Coolidge offered the position to
Curtiss D. Wilbur, chief justice Of the
California Supreme court. and that
gentleman accepted it by wire, saying
he would go to Washington as soon as
the appointment was confirmed by the
| senate.
Justice Wilbur was born in Boones-
boro. Ia, in 1867 and was educated in
the public schools there and in James
town, N. D. He was graduated from
the United States Naval academy at
Annapolis in 1883. Later he studied
law and began practice in Los Angeles.
For many years he has been regarded
as one of the leading lawyers and jur-
lists of California, and Is known espe-
cially for his work in behalf of child
welfare. He is Congregationalisf
and prominent Sunday school worker
Judge Wilbur's brother. DR.. Ray L.
Wilbur. is president of Stanford uni
| versity.
EDWIN DENBY'S retirement from
~ the position Of secretary of the
navy was accomplished with dignity
4 on his part and accompanied by hearty
expressions Of esteem by his associ-
ates and personal friends. Before he
left his offices he was sworn in as a
major in the marine reserve corps in
the presence of many high officers of
the navy and marines, and as he took
the oath the marine band outside
4 played the corps march, "Semper FL
delis."
BANKERS Of New York and neigh
- boring cities have gone to the res
cue of the French franc by establish
ing a banking credit of not less than
$1O0000,000 in favor of the Bank Of
France. acting for the French govern.
ment. The loan will be used to sta
Billie French exchange and for other
purposes, and Is so we'll secured by
gold held in the vaults of the Bank of
France that the interest rate Is said to
be relatively low. When the loan was
announced there was a sharp rally in
francs on the exchanges, and specula-
tors began to wall. Poincare was still
having trouble in forcing his tax In
crease measure through the senate.
There were disturbing rumors from
Paris that military coup d'etat was
being Matched and that the government
was aware Of IT and was ready to pro-
claim state of siege or martial law.
The German government also was
meeting resistance to its Tux regula-
lions and other emergency ordinances,
and the Socialists were so determined
that President Ebert dissolved the
reichstag on Thursday. Ebert has
told his friends that he will retire after
the elections in May.
i CREECE is now added to the ma
~ lions that have recognized the
Russian soviet government. The Greek
cabinet under Kafandaris having re
signed, a new ministry has been
formed by Papanastasion