, 1935-05-08
The W. rld
At a Glance
BY LESLIE EICHEL
central Press Staff Writer


NEW YORK. NAV 8. The New
Dealers who shouted down Secfe-
tary of State Cordell Hull IN the be-
ginning may come running TO him
for help soon.
The man whose life virtually has
been dedicated toward a study OF
world trade and currency problems
has been sidetracked repeatedly
and plans that have not been his
have been loisted on the state de-
partment.
But the United States Is getting
into such a tangle on trade and
currency that alarm N spreading
among all sorts OF businesses and
workers. who fear the United
States will have no foreign markets
left.
The American monetary policy
creates tariff barriers I'm self-de-
Tense. Cotton, with its price pegged
out OF proportion 10 the world
price, becomes too expensive for
foreign nations 70 buy -particu-
larry when the American tariff
prevents nations from selling In
the United States I'm exchange.
Financial New York went into a
SpaSm over is Interpretation OF q
suggestion or Chester Davis. adj
ministrator Of the AAA TO refuse
10 sell manufactured products
abroad unless an equal amount Of
raw produces such az cotton
were purchased. Auto exports 10
Europe last year increased 100 per
cent. VIII Z cotton exports dropped
30 per cent
Such absurd suggestions indicate
the degeneration Of economic
thinking ri present. say the eco
nomists OF financial New York.
Radicals
Investigation of radicals indi-
Gates few foreigners.
Actually, n is the 100 per cent
American who has become the
most persistent obiectOr.
When immigrants were pouring
mo the United States they generally
were pleased with what they found.
But the sons and daughters and
gtandsons and granddaughters az
the Americans Of long standing are
not al al pleased with conditions a.
they are.
That IA the problem which IA
worrying politicians from states
cons dcred native American
Several million new voters are
added 10 each presidential election.
(And, Of course a large number have
passed on.
The new voters invariably hold
the balance OF power.
Restrictive action taken against
American youth today may have lbs
political repercuSsions later.
Political units will tend hence
forth 90 move against youth less
freely.
But, in Los Angeles, Margot Lamb.
20~-year-old girl student OF los
Angeles junior college went ~ tail
for % days, for distributing hand
bills cnndcmning Wat. She went IN
preference to paying a $50 fine.
The reaction TO that In school and
college may be guessed.
Single Tax n Solution
The single tax IN offered a. a solu-
ton 70 present economic prob
lens by Still another WriteT-Harold
Sudell, OF Brookline. Pa.
Mr.. Sudell sends a clipping Of a
letter which he WROTE 10 the Phila-
delphia Evening Ledger. SayiTI
In your recent editorial. Indus
trial Refugees. you discuss the cues
ton OF the governments transferring
workers from derelict areas 70 areas
OF better opportunity.
If the government would but do
the right thing and BY the single tax
open up 70 use all our bountiful
natural resources. there would be- no
need for this expensive benevolence.
The workers would find ways and
means Of getting 10 the opportunities
II they were freely open 70 use and
II there was a promise Of their
yielding a good living. and that with
cut any aid from paternal govern
mentS.
Whenever gold has been discov-
cred IN paying quantities on land
open 10 use, the workers have crowd
ed in. even though the fields we're
I'm remote regions"