Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1933-02-09
INTERNATIONAL
NEWS REVIEW
Continued from Page ~


and is now drafting plans for settle
ment with the Lytton report as its
foundation. A subcommittee will, a
little later, formulate recommends
tions, deemed just and proper" in
accordance with certain articles OF
the League covenant.
In reality, it all means so little,
for Japan has made 1t perfectly clear
that no coercion, no reference to the
League or to specific international
treaties will dissuade her from carry
ing out her plans of conquering Jehol
and Mongolia.
While diplomats quarrel in Geneva
the Japanese military machine is be-
ing tuned up for the big drive on
Jehol which may not. however, begin
until some time in March. There is
at present no agency, no organization
capable of stopping Japan.
Vote Of Confidence.
Edouard Daladier, Radical-Socialist
did succeed in forming new French
cabinet succeeding that of Joseph
Paul-Boncour The new government
faces the very same problems which
its predecessors were unable to solve
chief among these being the Hercu-
lean task of balancing the budget
AS though to cheer up Monsieur Dial.
adler, the chamber of deputies the
other day gave him a vote of con-
fidence-but it doesn't mean so much
when one recalls that Paul-Boncoul
enjoyed two such votes couple oil
days before a frantic chamber lei
loose vote of no confidence upon
him and his colleagues.
There is no apparent reason to ex.
pect that the Daladier government
will remain long.
Disarmament Clash.
At the resumption of the interna-
tional conference for reduction and
limitation of ornaments in Geneva a
few days ago France, as was expected
presented her phantom scheme OF
national security" in lieu of disarm.
ament. French diplomats clashed
with Germans who insisted that the
Gauls were, figuratively, talking
through their hats, because the con-
ference had only one objective, and
that was disarmament. Great Brit
ain and Italy let it be known that
they already have so many treaty OBJ
legations that they would not feel like
signing additional agreements for
the purpose of protecting French ter
ritory.
Drastic Measures.
Last week the Danish parliament
enacted series of emergency laws
unprecedented in Denmark: Strikes
lockOuts and wage cuts were pro-
hibited until February 1. 1884. The
exchange rate was stabilized at 22.5O
Kroner to the Pund Sterling where
the par rate is 1916 Krone; the dol
lar rate will be between Is and 49,
that is, As per cent less than par
In effect, this means that one Amer
lean dollar now is worth 6 Kroner
Also, the government prohibits in
terest rates in excess of per cent
for bank deposits at notice, 80 for
deposits on demand so as to force
bank deposits into the bond market
and to facilitate the conversion OF
farm loans on favorable terms.
In an attempt to raise meat prices,
500 head of cattle will be destroyed
weekly which will be financed by a
tax of 10 Kroner per head
An industrial liquid fund will be
established. totaling about 200 mil
aiming at restoration of normal credit
facilities. New public works will be
undertaken, money for this purpose
to be obtained through the floating of
new loans, and by an increased di-
rect and indirect taxation
Latin America.
Unabated the never officially de-
clared Gran Chaco war goes on be-
tween Paraguay and Bolivia, and vic
Tins have become so numerous that
the two governments deem it too hor-
rible to publish statistics.
Efforts are still being made to avert
bloody conflict between Peru and
Colombia, but at this writing no re-
suits have been recorded.
In Managua one day last week Cen
eral Augustine SANDING, rebel leader.
walked in on the president of Mica
ragua and told him that now the
American marines had been sent
home there was no reason for con-
tinued civil war. President Sacasa