The Monmouth inquirer. [volume] (Freehold, N.J.) 1865-1933, 1926-04-08


nomination of the Republican candi-
date for United States senator is
viewed as a clear-cut issue between
the friends and foes of prohibition. On
one side the advocates Of such amend
ment of the V0lstead law as would
permit light wines and beer, are back
ing Congressman Ware Of Philadelphia.
On the other side are the absolute drys
who just now are torn between two
rival dry candidates for the nominal
ton, Senator George Wharton Pepper
and Gov Clifford Pinchot.
In wisconsin, too, the prohibition
question enters into the senate race.
Frank j. Kelly, formerly in charge of
liquor case prosecutions in Washing
ton, d. c., win be a candidate for Re
publican nomination this fall on a
light wines and beer platform. Kelly,
quoted as expressing the belief that en-
forcement of prohibition is impossible,
will seek the seat now held by Irvine
l.. Lenroot. He win be candidate
Of the Anti-Tax League of America,
which is described as having as its
central idea the raising of sufficient
revenue from wines and beer to abol-
ish the federal and state income taxes.
WINSTON CHURCHILL, chaneel-
w lor of the exchequer, told the
house Of commons that Great Britain
had obligated herself to pay to the
United States nearly 100000 day for
three generations through the debt
funding agreement. France, while
paying no one her obligations, 10 re-
eesssng most of the reparations being
paid By Germany, the chancellor said,
yet, he Continued, the United States is
receiving from Europe an amount
equalling Germany's total payments.
AT conferences on international
debts there has always been q marked
difference Of the view between Great
Britain and the United States, Mr..
Churchill declared. Great Britain had
never taken the position that debts
| contracted in a common cause ought
| to be considered on the same basis as
ordinary commercial debts. The gov
eminent always was willing, he as
serted. to obliterate altogether the
debts owing to the allies, provided
| Great Britain was treated in similar
manner by her creditors.
The day is coming, he said, when
France and Italy have funded their
| debts both to Great Britain and the
| Ulited States, as well as the smaller
| powers, when America will be receiv-
ing so per cent Of the total reparations
from Germany. 1t seems an ex-
traordinary situation, the pressure for
debt extraction will draw the repara-
tions through all channels from war
stricken Europe in an unbroken stream
across the Atlantic to the wealthy,
prosperous great republic. believe
these facts will not pass the minds OF
responsible persons, either in the
| United States or Europe"
/ Philip Snowden, chancellor Of the
exchequer under the Socialist cabinet,
speaking before the same body, said
Frances financial record for the last
/ few years was one of the most discred-
| table in the history Of International
finance. France estimated its war
damage just under fifteen billions Of
dollars. At an average cost 1t has
estimated that the peasants houses
destroyed amounted to $11 800. 1t
| estimated the damage to the coal
mines at S50,OOO,O00. which, he said,
was more than the total capital value
| of the mines.
rTHE Gooding long and short haul
i bill was defeated in the senate by
a vote Of 33 to 49, Eighteen Repub-
Leans and fifteen Democrats voted for
the bill, while against the bill were
thirty Republicans, fifteen Democrats
and one Farmer Labor member. BY
this action the senate refused to de-
prive the Interstate Commerce com
| mission of discretionary power to au-
/ 4horfzn "a fIr0adS tn make rates tn fhQ