The midland journal. (Rising Sun, Md.) 1885-1947, 1927-12-23

damage was zone. -MdJ. Neu.
Opening the big doors of the capitol
Mcbride was reelected and CHEERING
ton was made director of new de
partment of education, publicity and
research. e. S. Shumaker, Indiana
superintendent who is under indict-
ment for contempt Of the Indiana Su-
preme court, was dropped from the
executive committee.
MEMBERS OF the powerful Ameri.
AVA can Farm Bureau federation, In
convention in Chicago, listened to an
address by General Pershing on the
place of agriculture in national de-
tense program, and liked his views SO
well that they told him they would
like to vote for him for President of
the United States. He smiled, but de
clined to comment on this incipient
boom. The federation adopted reso'
luton insisting that legislation which
contains the principles embodied in
the McNary-Haugen bill, with such
improvements as experience and good
judgment may suggest shall again be
passed by congress-"
Another resolution asked a change
ia the tariff act so that the United
States tariff commission may more ef-
ficiently serve agriculture in the cases
before it.
q ECRETARY MELLON In his an
- nual report says that, notwith-
standing a decline in business activ-
ity, underlying conditions are sound.
Business activity began in the spring
months of this year to fall below the
totals of last year." says the report.
"As result of this recession business
is now being conducted on a basis that
conforms more nearly to the normal
expectancy, as judged from the reg
ular rate of growth of the country.
While business is not as active as in
most of 1926, 1T can hardly be said to
UC AuDuOLlLdiS OLu AAC uANCAAJAA6
fundamentals appear to be sound.
another indication of healthy bust
ness conditions lis the recent recovery
in commodity prices, due in the main
to the rise in agricultural prices. The
growing stability OF prices in Europe,
moreover, is favorable to our export
commodities
HARLES MARTINDALE, master
~ in .chancery Of Indianapolis, fled in
the United States District court a re.
port in which the Standard Oil Com
.papy of Indiana and fifty other oil
concerns are held not guilty OF violat-
ing the Sherman antitrust law by a
monopoly of trade. Martindale holds
that there is no evidence of an exist
ing conspiracy in restraint Of trade,
maintenance of monopoly, price fix
ing or pooling of patent rights. Dis
missal for lack Of equity of the suit in
stituted by the government three
years ago was recommended.
4 iTHUANIA and Poland presented
IL their complaints against each
other to the council of the League of
Nations i'm Geneva and asked for re-
lief. Premier Waldemaras appeared
for Lithuania first before representa-
tives OF Great Britain, France, Ger
many, Italy and Japan. and refused
to budge from his position. He said
he was ready to give the council every
guarantee of Lithuania's pacific inten-
lions and his willingness to set up
neutral zone between Lithuania and
Poland, but he could not go into the
question of Immediately restoring dip
lomatic relations with Poland or allow
ing the Poles untrammeied entry into
Lithuania.
Next day Waldemaras told the eoun-
Gil how Lithuania has been continually
menaced by Poland since the estab-
lishment Of the little republic, and re-
counted the alleged Polish actions in
support of Lithuanian rebellions. For
eign Minister Zaleski of Poland said
Waldemaras' charges and fears were
based on gossip and that his country
extended the fraternal hand Of friend
ship to Lithuania. Finding the whole
matter too difficult for immediate de-
cision, the council referred 1t to Van
Blockland of Holland for report.
TAPAN'S plan to borrow $40'OO0,0Oo
y from ]. P. Morgan & Co. for the
benefit of the Japanese owners of the
South Manchurian railway has been
killed. All the Chinese factions had
protested against it, and the disap-
prevail of the United States was con-
sidered certain. Under the American |
notes of May, 1915, Japan is required
to obtain American approval OF any
Manchurian loan to which the Chinese
have not consented. The japanese are
greatly disappointed BY this failure