Evening star., 1934-12-31

self against any silver imitation, wishes Congress
to appropriate 81, soc, 100000 for continuation of
the relief program and adjourn by May 15
April ga railroad strike is threatened over
continuing the 10 per cent wage reduction until
January, 1895.
labor in three steps, 2h per cent July /, 21a
per cent January ! and per cent April /.
Increase affecting approximately 100000 workers,
will ultimately mean an increase Of about s12,-
100000 month.
April 27-New York State creates commits
sion to revise the charter of New York City.
April 28-King Victor Emmanuel, at the OPEN
ing OF Parliament, expresses the intention OF
building up armed forces; of remaining on the
gold standard, and of balancing the budget.
April 30-An international five-year plan for
regulation of rubber exports and production is
signed at The Hague by representatives of nearly
every country concerned. Unlike the former Ste
venson plan there is no attempt at price-hxing
Steel ingot production has risen to Sc per cent
of capacity the past week, rise OF seven points
in two weeks.
The wo-billion-dollar stabilization fund, arising
from the profits of gold revaluation, is entered
on the books of the Treasury.
The Austrian Parliament votes to dissolve for
ever. after passing emergency decree, the
Austrian Constitution, making Dollfuss virtually
a dictator
May THE Philippine Legislature votes to ac-
cept the Tydings-NcDuffe act, which will give
independence to the Philippines in 10 years.
The House defeats proposed 10 per cent super
tax which would have added 10 per cent to the
amount of each income tax return.
May Canada will tax profits accruing from
the premium on gold Is per cent.
May 5-Attorney General Cummings holds that
Great Britain, Latva, Italy Czechoslovakia, Lth-
uania and Finland have not defaulted within the
meaning of the johnson act. Russia is held to
be defaulter on account of Kerensky bonds.
May 5-Ten issues of United States bonds make
new highs in strong upward movement.
May Great Britain imposes quota cutting
import OF textiles from Japan 81 per cent.
May l0-Announced that token debt payments
will not avert default.
Department of Agriculture forecasts Winter
wheat crop about 7O.9 per cent of normal; rye
about 678 per cent of normal.
May ia Fascist coup takes control in Bulgaria
aided by the king; troops are occupying strategic
points and Socialist leaders have been seized
May 20-The Darrow report is made public
Criticizes tendency toward monopoly and sitting
small businesses.
May 23-The administration silver bill is sub
mitted to Congress-it calls for increasing the
amount of silver in the money base I'D to ulti-
mately rs per cent. for buying silver in the open
market at a price not exceeding SO cents an ounce
and for 80 per cent tax on speculative silver
profits
June Henry l. Hopkins relief administrator
makes initial drought-reef ALLEGATION of SIS 500 0oo
June 2-Gen. johnson averts threatened tex
tile strike The Toledo strike is definitely settled
The volume of trading on the New York Stock
exchange Tor the week ending June is the
smallest in IL years
June 4-The British government, while DENYING
reputation, announces it will suspend" war debt
installment payments. The installment due June
Is will not be paid
June 5-New margin requirements are made
known, to become effective October l.
June 6-Treasury $500 100000 financing sub
scribed more than eight times.
June THE N. r. A. announces new policy
against price fixing.
June 13-Belgian French and Czechoslovakian
notes received in Washington, advising non-pay-
ment.
June l4-Dr Schacht announces a connlete
transfer moratorium all foreign obligations
beginning July /; also announces his intention of
keeping the mark stable
June 18-CongreSs adjourns sine die after PASS
ing national housing bill
June 19-The President signs the silver purchase
act OF 1884 which provides for buying silver at not
more than so cents an ounce until one-fourth the
value OF the monetary stocks shall be in silver and
provides so per cent tax on profits from specu-
lation in silver. Bank deposits continue to rise
at the rate of 20 to Is per cent per year
June 2s-kuhn, Loeb & Co. announce s50000,-
600 PENNSYLVANIA Railroad 4As, due 1884 at 9712
the first offering of this magnitude since the securi-
ties act of 1888.
President signs Frazier-Lemke BILL
June 30-President Roosevelt, before leaving for
a months cruise on the Houston, named Joseph
P. Kennedy, chairman, and the other members of
the Securities and Exchange Commission; named
the Communications Commission and created the
Labor Relations Board, which will be an independ-
ent body for settling labor disputes instead of
the N r. A.
July.
July 4-The German government agrees to meet
interest requirements for the next six months on
Dawes and Young loans held in England
July 5-Natlonal Guard troops take control of
the San Francisco water front after a hundred
are injured and two killed in fierce rioting
July l1-Gen. johnson issues basic code for
previously uncoded industries
July l6-General strike becomes effective in
San Francisco.
July 19-San Francisco general strike called of
July 21-The President appoints National Medi-
alton Board to arbtrate railroad labor controversies
July 22-Treasury announces an offering of
$100,OOo0oo Federal Farm Mortgage Corp. bonds
3 per cent, due 1949.
July 24-Tubize Chatillon announces that its
Hopewell, Va, plant, closed since June 20 on ac-
count of labor troubles. will remain permanently
closed.