The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1935-02-22

wr;oh% lSlratlOn leglSlaClOn.
p,., The controversy over
possible methods Of
payment is becoming increasingly Bit
ter. Representative Patman, Texas
Democrat, author of bill to pay the
bonus certificates with an issue of new
currency, gave out statement assert.
Ing that Commander Frank N. Bel
grano of the American Legion wanted
to finance payment with a bond issue
because the bank of which he is vice
president receives $1,35OOOO in interest
annually on S45,OOO,OOO worth of gov
eminent bonds.
The American Liberty league also is
sued statement applauding the Presi-
dents stand against paying the bonus.
The league said the Legion-backed Vim
son bill to finance the bonus through
the sale of bonds was 'the lesser evil"
but asked congress to defeat both it
and the Patman measure.
"The Presidents opposition to imme-
date payment of the entire face value
of the bonus certificates is based on
sound principles and deserves to be up
held" the organization added.
It's statement also said immediate
payment would encourage a drive for
pensions Involving huge additional
costs for an indefinite period of years."
CTRONG evidence. that the govern
- ment, even in event of an adverse
decision on the gold clauses, will keep
the $50 an ounce price for gold and
59-cent dollar was contained in a state
ment from Secretary Morgenthau. The
treasury chief stated:
1.-THE country can go about it's busi-
ness with assurances that we are pre-
pared to manage the external value Of
the dollar as long as 1t may be nee
essary."
Mr.. Morgenthau disclosed that the
1000 million dollar sterilization fund
would be used if necessary to keep the
dollar on an even keel until congress
can take remedial action.
a CITING with startling rapidity, the
Agricultural Adjustment Admins
tration ousted a group of radical New
Dealers, which Secretary of Agricul-
ture Wallace said was "for the good
of the service" Jerome N. Frank, Lee
Pressman and Frank Shea and Gardner
Jackson all rendered their resigna-
tons. The final fate of Fred @. Howe,
Victor ROtnam and Alger Hiss still re-
main in doubt
The bloodless purge of the group,
known as favored proteges of Rexford
G. Tugwell, was unexpected. Evident
ly signals were confused, because Pres
ident Roosevelt in his press confer
ence stated that he was uniformed Of
any such action, but later in the day,
Secretary Wallace said the President
was aware Of the action before it was
announced ~
Wallace added, however, that Tug
well, who is in Florida, had not been
consulted. 1t may be remembered that
TugwelPs fight for Frank resulted in
the discharge of George N. Peek as
AAA administrator, and it was felt
by some that it was to avoid possible
trouble with Tugwell that he was not
inforced of the plan.
Agricultural Administrator Davis in
formed newspaper men that the order
was necessary to preserve harmony.
There was mounting difficulty in
getting things dOne," said Administra-
tor Davis. "We believed things would
function more smoothly if they were
directed by men familiar with farm
problems and having a farm back
ground"
Wallace was asked If this statement
applied to Tugwell. He hastily replied
that Tugwell had an excellent farm
background, which may be distinct
surprise to many.
THE much advertised benefits from
L Russian recognition have been
rather less than satisfactory. Neither
the wide expansion of trade which was
anticipated, or the satisfactory settle
ment Of debts materialized, and follow
| ing a conference with Soviet repre-
sentatives, Secretary Cordell Hull adj
mitted that diplomatic dilly-dallying
had come to an end
Hall issued curt statement that
certain diplomatic changes" had been
ordered in Moscow. The acting naval
attache will be withdrawn, the con-
| sulate generalship will be abolished,
and further reductions will be made
| in the personnel of the embassy, he
| stated.
| The United States action means a
period of strained relations between
the two countries. although not to the
point of the United States govern
ment's withdrawing recognition. VIII
liam G. Bullitt will remain as ambas-
| sador but there Is little doubt that the
| United States will not proceed with
construction of an embassy building,
and that arrangements for creating
consulates In other parts Of Russia will
be deferred