Evening star., 1925-02-15
Economics.

Of stock, issued by the New York Cen
trail Railway system, to be purchased
by it's employees, was eagerly over
subscribed ITS per cent last week.
The shares have a par value OF
$s,69o.o00. In all 41,570 employees sub
scribed.
The Soviet government in Russia is
gravely concerned because of a fall
ure of the crops sown last Fall. An
unusually mild Winter, with little
snow and rain. has affected crops ad-
versely. and the government has dis
tributed something like 70,0OO,OOO
gold rubles to provide additional SOW
Ing material for the next harvest,
One hundsed million pounds of SOW
ing wheat also have been distributed.
Canada has put many of her World
War veterans on farms. report
last week to the House Of Commons
In Ottawa showed that 30.6o4 Cana
dian veterans have been established
on farms. About $4,000 of them were
granted loans, the rest receiving land
grants outright from the Canadian
government.
The Senate last week directed the
Federal Trade Commission to investi-
power and tobacco industries.
The Ford Motor Co. which now
builds automobiles, operates rail-
road running from its own mines and
owns it's own forests. now plans to
enter the shipping business and last
week purchased a large vessel, which
1t was announced, will be the first OF
feet to carry its products to for
eign lands.
The surcharge or extra tax on Pull
man car fares would be removed un-
der an amendment TO the independent
offices appropriation bill. which was
approved by the Senate last week.
The Interstate Commerce Commission
recently refused to remove the charge
History.
Calvin Coolidge and Charles C. Dawes
have been finally elected President and
Vice President, respectively, OF the
United States. On Wednesday Con-
gress. "in joint convention assembled" ;"
formally attested the results of the No
vember election after the manner de-
creed in the Constitution. The Senate.
preceded by the sergeant alarms and
accompanied by pages carrying the cleo
toral votes in locked boxes marched to
the House chamber Senator Cummins
President pro tempore of the Senate.
presided at the joint session with Speak
er Gillett on the dias at his left. Tellers
took charge of the ballots. opening the
envelopes in alphabeticaE order and an
nounced the results. Following the cere-
mony both houses resumed their routine
sessions.
Washington will not see another odd
time Inauguration March 4. The in
augural committee. after fruitlessly
pleading with President Coolidge to "let
down the bars and have a great cele-
bration of his induction into office March
4. has abandoned the idea OF construct
ing stands along Pennsylvania avenue
and rescinded its appropriation for fire.
works on the evening of March L. The
parade, which will be exclusively mill
tary, Will not take more than one hour
TO pass given point. Plans are going
forward steadily, however, for the
charity ball, which will take the place
OF the inaugural ball Of former years.
President Coolidge is planning a very
short inaugural address, according to
those who have talked the subject over
with him at the White House. 1t will
compare in brevity with that of former
President Cleveland, it is said, who took
only IL minutes to deliver his speech.
Woman suffrage is to be Beleium's
big question for decision when she
elects members of Parliament in
April. The chamber of deputies Is
about equally divided on the subject
so the Belgium government has de-
cided to dissolve Parliament at the
end of this month and leave the aues-
tion up to the country for decision
An odd bit of history turns up in
france, where a society has been
formed with the purpose in view OF
clearing the name of Baron Giles dc
Rails, marshal of France and COM
panion in arms Of Joan Of Arc. The
baron. tradition had 1t. obtained gold
500 years ago by killing 500 children
which also served the purpose of pla
eating the devil. The society claims
1t has discovered a vein of gold under
the baron's chateau. and 1t wants the
courts to pronounce formally that he
got his money by working this gold
mine-and not through On alliance
with the devil
The British Parliament opened
Tuesday after a long recess. Led by
Prime Minister Baldwin, and with the
conservative element in the majority
the sParliament will consider a pro-
gram Of legislation which includes a
proposal to return to the protective
tariff as a method of nurturing ma
tive industries; g. proposal to prohibit
the trade unions from levying from
the salaries of their members for the
support of the Labor party, and a
measure which would remove the last
legal barriers to reuniting the Church
of Scotland, which has been split
since 1843. over the question of state
interference with freeworship.
From his exile at Doom, Holland.
former Kaiser william of Germany.
is quoted in an interview as seeing
a world peril in the recently COM
and Japan. THE peril which 1.
alone, among the rulers of Europe,
predicted a quarter of a century ago
now has materialized," he said.
After months of wrangling, mark
ed by sharp disagreement resulting
in the American delegation quitting
the conference, the international
opium conference at Geneva has ad-
journed. 1t accomplished two things:
First, an agreement between seven
nations, Great Britain, France, Japan,
HOLLAND, lnola, POftugal and Saim, to
discontinue opium smoking in the
colonial possessions of the Far East
within 10 years after China has
curbed overproduction and snug
Cling; second, an agreement between
six Of the seven nations that the
farming system Of opium traffic
shall be abolished and government
monopolies substituted AS It is
doubtful when China will be able to
curb its overproduction or regulate
traffic, the first accomplishment is
considered by some as of doubtful i'm
portance. The second merely takes
the business of exporting and han
ding opium out of the hands of
private concerns and puts it under
R.nYernment repulation II dnea No.