Evening star., 1926-01-17
Current News Events
Summary of Important National, Foreign
ard Local Affairs Specially Arranged
for the Convenience of Students.

division of cooperative marketing
within the Department OF Agriculture.
The duties of the new division would
be to help the Cooperative Marketing
! Associations in diSpoSing of their
crops and spreading technical in
formation among the farmers. 1t car
rieS an appropriation of $225,000.
Representative Langley of kentucky,
| tried, convicted and sentenced for
violation of the prohibition laws, lost
! a final appeal to the United States
Supreme Court and resigned his seat
last week. Now he Is preparing to
serve the two years in the Federal
penitentiary. in Atlanta. TO which he
was sentenced.
Economic.
While the House of Representatives,
spent large part of last week debat-
ing and finally approving settlement
| of the Italian debt and discussed debts
in general, the American Debt Fund
ing Commission-the body charged
with negotiating the settlements-was
meeting and preparing to meet the
representatives of other countries who
have come to Washington. The com
mission met the Greek Debt Commits
sion at the Treasury last week and
informed them that the, American
Government must decline their re-
quest for further loan OF S33 900 600
until they agree to terms for paying
! back the $15.000,000 still owing this
country.
The Jugoslav Debt Commission is
now in Washington preparing to dis
cuss their debt. and Senator Henri
Berenger, the new French Ambas-
sador to Washington, reached the city
on Thursday Of last week He, it is
understood. will take up negotiations
over the French debt where they were
left off recently.
coincident with hearings now in
progress before d committee OF the
House to investigate foreign monopo.
lies. such as rubber, Secretary Of
Commerce Hoover, In a speech last
week before the banquet of the Ma.
tlonal Automobile Chamber of Com.
merce in New York, revealed definite
plans now under way to combat the
problem with something more effec-
tive than talk. Mr.. Hoover said that
scheme has been approved for the
expenditure of millions of dollars in
establishing rubber supply by
Americans which will make them in.
dependent of the British and Dutch
monopoly. The money would be con.
tributed by the automobile industry.
in part, and administered through a
corporation which would grow rubber
IN tropical countries not under Brit.
ish domination.
Zach person in the United States
mad S43.62 on January l, which is q
cents more than each had on the
flrst day of December Of last wear
according to the calculations of the
Treasury Department for the per
capita circulation of money outside
the Treasury. The figures are. of
course. theoretical. and not actual
Inc peak of the per capita circu.
lation was attained November l. 1920
when it reached S5263. This com.
pares with the per capita circulation
FOR January l, 1879. which was $3.50
The anthracite coal strike. now
more than six months old, will go on
AFTER a conference which held high
promise OF peace once more in the
coal helds, the miners and operators
proke Off negotiations in New York
last week. The $4,000 miners who
went on strike so gayly last Septem.
Der VIII remain idle. Meantime. the
country, which has been reading
about attempts at settlement and
burning soft coal the while has
SHOWN little interest in whether tho
miners and the operators get together
or NOT. The Government maintains =,
strlct silence. while the operators and
miners go about blaming each other
Tor their stubbornness and faiIura ~
Ieceoe an inch from the positions
first taken.