Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-20

IL.
United States of Amcrica.-The
House has passed the tax revision bill,
$50 TO %, almost as presented by
the ways and means committee, the
amendments being insignificant.
The Senate has passed a bill, offered
by Senator Bingham. providing for en-
enlargement and regulation by the
Government of the use OF aircraft i'll
commerce. in line with the recommen-
dations Of the aircraft board.
The fight in the Senate over the
question whether we shall join the
World Court began briskly on Decem-
Der il.
Gov. Pinchot has summoned the
Pennsylvania Legislature to meet on
January Is in special session, chiefly
to deal with the anthracite coal situa
ton.
AS result of studies and surveys
during the past five years under the
direction CT engineer officers of the
Army, a magnificent plan has been
evolved for hydro-electric develop
ment in the Tennessee Valley.
A hundred-power dam would be con-
structed along the Tennessee; upward
of 100000 horsepower would be
developed above Muscle Shoals; navi-
cation for vessels of 9-foot draft from
Knoxville to the Ohio would be made
possible. etc. A greater Ruhr, perhaps.
The magnitude of the boom in Flor
ida is illustrated by the fact that
horde estimated at 500, 900 are living
in tents there.
The most probable subjects of leg
iSlation by the SiXty-ninth Congress
Including much unfinished work of
its predecessor are: Taxation, pro
hibition enforcement, the foreign debt
.,
fed: reclama ton. the Army and Navy
lin particular. the air branches, the
merchant marine, conservation lin
particular. the national forest re-
serves. Muscle Shoals. agricultural
relief. amendment OF the transporta-
ton act docking especially to promo
ton of railroad conSolida tom. the
Turkish treaty. adhesion to the World
Court. national banking. the Senate
rules of procedure. the Salt Creek OH
field leases, reorganization of the
Government departments.
x x !:
- F'rance.-The proposals of NJ.
Loucheur. the French finance miHiS
ter, for a sinking fund and for addi-
tional taxation wherein to feed it. have
been turned down by the chamber
finance commission. On December 10
NJ Loucheur resigned. He is sue
ceeded by Senator Doumer. a fine old
man who twice already has very cred
itably served as finance minister.
Apparently NJ. Loucheur was sent
up Salt Creek not so much because
of dislike of his proposals as because
of much dislike and some distrust of
the proposer. There is good hope
that NJ. Doumer. who is almost uni
-nI f1ra
better.
The officials of the General Confed-
Grafton of Manufacturers of France
are about to summon a conference
representative of all French indus
tries with view to a cooperative Of
fer of industrial assets of q total value
of 100 000, 00O, 900 francs as security
for a foreign (mostly American, pre-
sumably) loan of 10000 900 900 francs
Approximately the equivalent of
$500, 900, 000), the proceeds to be turned
over to the government. If this prof.
ect, which reflects great credit on its
promoters Gt was originally suggested
by a group of northern manufacture
ers) should be carried through. it
might well save the situation easing
the traffic tension. restoring conf
dence, making unnecessary the imme-
date huge increase of taxation con-
templated by other schemes for saw
ing the franc on the very verge of
the easy descent to avernus."
NJ. Steeg. the new French resident
general in Morocco. is in cheerful and
confident mood. He claims that his
agents have almost completed the
work of bringing back to allegiance
to the Sultan the tribesmen who had
fallen away therefrom.
Paris pedestrians have organized a
pedestrians protective association.
aimed to end the tyranny of $4,000
chauffeurs and taxi drivers over
3,OO0,0 600 free citizens of Paris.
Germany. - President Hindenburg
invited Ex-Chancellor Fehrenbach.
the Centrist leader, to form a great
coalition cabinet, to embrace at least
the Socialists. the Centrists, the
Democrats and the Peoples Party,
but the doctor declined. The Presi-
dent then turned to DR.. Erich Koch,
head of the Democratic party and
one time minister of the interior and
DR.. Koch made a brave effort. He
was, however, unable to effect the
necessary working compromise be-