The midland journal. (Rising Sun, Md.) 1885-1947, 1926-01-15

tory commission or to assess the pros
poets of any conference which may
later be convened, the President said
he understood that all aspects Of the
question of disarmament will be thor
oughly discussed before plans are
completed for later conference.
"The council of the League Of Ma
lions believes" said the President.
'that the time has come for studying
the practical possibilities of the re-
duction and Limitation of ornaments
and expresses the hope that at this
time, when all the nations of the
world are convinced of a common
need, II will be able to count on the
cooperation of the government of the
United States in a work which so,
closely concerns the peace of the
world"
INVESTIGATION Of the artificial
control of the prices of rubber. cof-
fee, Egyptian long staple cotton. cam
phor, iodine, nitrates, potash, mercury
and sisal was begun by the house
committee on interstate and foreign
commerce. 1t is largely aimed at
Great Britain's governmentally mo-
nopolized production of rubber and
Brazil's control of coffee. Secretary
Hoover was the first witness, and in
long and carefully prepared state
ment he declared the conditions under
inquiry constituted "a growing men,
ace in international commerce and re-
lations."
What he has learned of the secrets
of governments which have set out to
enrich their nationals at the expense
of America. Mr.. Hoover deemed too
sensational and inflammatory to SUBJ
NIT to the committee in open session.
ecutive session in which he told the
committee the inside story of these
governmental manipulations and gave
information on others now being con-
templated. To have disclosed these
matters openly. Mr.. Hoover feared.
would provoke international discord.
Secretary Hoover revealed. among
other things, that the Coolidge admin
istration had sought without success
to induce Great Britain, Brazil. and
the other nations involved to aban-
don manipulation of the production
and price of the commodities in ques-
ton. He opposed reprisals or other
offensive measures.
THE house passed the first of the
l. annual appropriation measures,
that for the Post Office and Treasury
departments, carrying total of $685.
100000. including the allotments for
the enforcement of prohibition. Bills
were introduced in both houses to au-
thorize appropriations of $150,O00, 600
for public buildings. one-third of
which shall be spent in Washington.
D REPRESENTATIVE KING and
N Senator Mckinley, both of nli-
nois, have introduced their measures
designed to relieve the farmer. The
King bill would create a government
corporation with capital of $780,
100000 to take loans for agricultural
purposes. McKinley's bill seeks to
place farm commodities on a tariff
equality with other commodities and
provides for the issuance of export
equalization debentures to stimulate
expectation of farm products. The
debentures would be negotiable and
would be received by the treasury at
par in payment of import duties.
n 7 EARLY all the house amendments
to administrative provisions of
the new revenue bill were approved
by the senate finance committee.
which then recessed to permit the
Democrats to prepare their tax pro-
gram. This program will provide for
total tax reduction of $500, 900 600
instead of the. 1925, 100000 provided
for in the house bill. Secretary Mel
Ion says the latter amount should not
be exceeded.
VxIAR debt settlements made with
wv italy. Rumania. Belgium. Czecho-
slovakia. Latyia and Esthonia were
approved By the house ways and
means committee, but that with Italy
will be opposed on the floor OF the
house by a considerable number OF
representatives, led by Rainey Of Tli-
nois and Hull Of Tennessee. They in
tend to tell congress what they think
of the Mussolini dictatorship The
Rumanian settlement has resulted In
the recall of Prince Bibesco. minister
to Washington. who win be given an
other post.