Evening star., 1929-12-15

vet. A manifesto is circulated by tele'
graph criticizing the government, de-
nouncing Chang Kai-Shek, demanding
the return of Wang Ching-Wei, leader
of the left wing of the Kuomintane
(now in exile at Hongkong), express
ing sympathy for Chang Fa-Kwei; ],
Is signed by no end of generals, headed
by the redoubtable Tang Sheng- Chin
the same who of late debellated the
Kuomintang; pursuit of the Kuomin.
chun ceases (for apparently the report
of an armistice as 1ncorrect); those
heroes halt in their tracks, poise for
the return spring. The defenders OF
Canton quail: Chang Fa-Kwei and his
"Ironsides" close in on the city.
So much was presented as fact by
the dispatches of only few days back
They added that 1t was rumored thai
Chang Kai-Shek had resigned, that Yer
Hsi-Shan had superseded him as gen.
eraljssimo, and some other as civil head
The natural reflection of one made wise
by experience of dispatches from China
was that it might all be as thus al
firmed or rumored. or the major part
or only minor part.
One did we'll to suspend belief. The
latest dispatches indicate that Chang
Kai-Shek is having the better of 1t;
Chang Fa-Kwei hurled back in bloody
rout from the environs of Canton; a
CHECK" administered to the mutineers
up the Tientsinpukow Railroad Tang
Sheng- -Chih, in open rebellion, advanc-
ing confidently upon Wuhan, held An
other Kaleidoscope shift of the CeleS-
tial scene.
UNITED STATES.-On December
the Senate, So to %, voted to unseat
William S. Ware.
We await the fate of the tariff bill in
the Senate at the hands of the majority
coalition of Democrats and insurgent
Republicans.
on December S a joint resolution call
ing for reduction of tax rates as per the
recommendations by the President anc
the Secretary OF the Treasury wa
passed by the House, 282 to 172.
Patrick j. Hurley, Assistant Secretar!
of War, has been appointed Secretary
of War in succession to the late Mr.
Good.
Glancing at the numerous commits
sionS or committees recommended in tht
Presidents message to Congress, Repre-
sentative Garner of Texas, Democratic
floor leader, opines that "a commission
form of government seems in contem'
plation." From the Secretary of thu
lredSuIyS dLlkludl AoouSA AC~NAA
Der 4, l extract the following items o
special interest:
Corporation earnings of the calenda
year 1928 exceeded those OF 1927 b.
about IL per cent, and "all reports indi
cate that the 1929 income OF corpora
tions will exceed that of 1928"
Automobile production Of the fisca
wear ended June 80, 1929. set new higl
record with an increase OF about 53 pc
cent. This was reflected in the demant
for steel, which increased ~ per cent
though "the demand for steel in othe
lines did not parallel that for automo
biles"
Freight car loadings In the fiscal yea
1929 exceeded those of the preceding
fiscal year by 4.3 per cent.
The foreign trade OF the nScal yea
1929 aggregated about $4,000, ,OOO,OOO
Exports totaled 5.4 billions and gen
eral imports 43 billions. This was al
increase of 10.2 per cent in exports ant
| 35 per cent In imports over the pre-
ceding fiscal year" The gross incom
| Of agriculture OF the fiscal year wa
| $l2, 500 600, 900, as against $l2,3OO,OOO'
900 for the preceding fiscal year.
Mr.. Mellon points out delightful!
| how the first regular Treasury account
ing was given in 1901 by Albert Gallatln
and how Mr.. Gallatin estimated tina
for the ensuing year the revenues Wouit
amount to Sl0,500 900, OF which, SAT-
he, S3,500,oo0 would be required 10
ordinary expenses Of the Government
and the remainder could be appneo u