EUROPE The nev/s from Europe today is just about what we might have expected. The war^subsides again, tension is relaxed, there111 be no fighting just now. That represents the sum total of news from all the European capitals. Webb Miller, Manager of the London Bureau of United Press, spent several hours at the telephone, talking to all the main capitals on the continent. And he reports that the firmness exhibited by the governments of the democratic countries, has sheared the war bogeyman back into his closet. Jka& Webb reports that the determination of the democratic countries is mingled with a bit of wishful thinking that Uncle Sam may back them up. London, had a long talk with Foreign Secretary Lord Halifax this morning. But nothing was let loose about the subject of their __ _ . . conversation. That followed a vis it^B!3^Kennedy receive CTvO-A It was observed that.Joe Kennedy, ambassador in at the United States Embassy fron Masaryk of Czechoslovakia. the French evidently mean what they said about backing up EUROPE - 2 Czechoslovakia, though they took a long time to say it. The vt<rvo~- statesraen on the banks of the Seine are filled with confidence that John Bull will back them up in a pinch, and that Hitler knows it. And herets the word from Berlin:- top notch officials of the Nazi government are optimistic that there will be a peaceful but satisfactory solution of that Czechoslovakian puzzle. In Rome one symptom is noticeable. Officials of MussoliniTs governme * conspicuously refrain from saying anything to Indicate that the Duce would back up his partner in the Rome-Berlin axis. The general belief among experienced European observers is that in case of war, Italy would play the same part she did in Nineteen Fourteen, that is, wait and see which way the cat jumps. In other words, the Rome-Berlin axis will hold just so long as it seems to be useful to Rome, in spite of the DuceTs fervent declarations of loyalty to the German Fuehrer. Italian official's point to the fact that two of the Duce's latest and biggest cruisers were starting on a round-the world crui Later in the day, however. it became known that the orders for EUROPE - 3 that cruise had been countermanded. And that becomes a source of considerable mystery. One move that was quite sudden and unexpected added to the flood of conjecture. Sir Neville Henderson, John Bullls ambassador to Berlin, had been on a visit to London, Without any explanation, he took a plane for Berlin today. And the word from -^07 yi£ 4 ri$Q& Berlin is that is to see Fuehrer Hitler on Friday. Considerable stress is laid on the fact that he will see Hitler before the Nazi Congress opens at Nuremberg on Monday. The belief is that Sir Neville Henderson has been instructed to reiterate and emphasize a warning to Hitler that if war breaks out with Czechoslovakia, John Bull will be in it as he was over Belgium twenty-four years ago. MARKETS FOLLOW EUROPE; '^£ jz ftuAnetCf^ Though the European war scare^snbsided, it is apparent that the men ofjsone^have their fingers crossed. There^s a prodigious immigration from Europe to America, an immigration of capital. The rich people of Europe vfq sending their funds to the U.S.A., buying American securities, American dollars. The gold supply in the United States is reaching wm evei loftier totaf. Twenty-one million dollars * worth of the precious metaL wan unloaded in Sew York harbor and there fs more on the high seas. This influx of foreign capital is a movement that big American business men and government officials see with a sour face 1*=^ a condition fraught with danger to our own in case of a* European war. welfare. Our neutrality law, as it now reads, would shut the door^< export business, both in credits and raw materials. The A consequence of that would be that foreign governments would sell out the securities held by their citizens in America and use the money to buy war materials elsewhere. In other words , there would be a cataclysmic drain of capital out of the country, so sudden that it would upset our own economic ^ CHINA ««*^JG5breasing woe in China/ j^umJa^sr-amwid-rM^forelgnw^ffwpooiaixy. Lu» business men who have stuck it out there. The Japanese blockade of the Tangste Valley has them •a^tehing a dispatch from Shanghai reports that they»re afraid that the moment war breaks out in Europe, the Mikadof s troops will occupy the famous International Settlement inShanghai, What*s more, they1 re now afraid that in such an event the Europeans and Americans may be imprisoned in concentration camps* That*s what the Japanese did to German civilians at Tsingtao after the World War broke out. American business men in the Far East are said to be not so gravely distressed as the Europeans* But they are shouting loudly that Uncle Sam must take a hand or American interests out will Tp' ^ be wrecked. As "the Japanese blockadeAgoes much I further than the Yangste River. They have shut off all the other 9 fl! railroads, even the highways, and every creek. ixrzfeEt^thssChsam ii the—f ore ignepe-^ixtuaily^pay^sly2^* Actually, there’s nothing surprising In this. More than a year ago, it became apparent that whichever side won out in China, the foreigners would be sure to lose. TYPHOON Japan seems to be having more than her share of calamities this year. I don't mean set-backs in the China War, Mother Nature. A few weeks ago floods xkxe raised havoc in the ------/fc^Jco f Mikado^ main island^ Today, a typhnrm^±ri»ar|r)^~f^--tiig^uTTirir .........- ^ raswooped down upon the heart of Nippon^ snapped the electric wires at Yokohama, ^-rooted trees, and completely stopped traffic on many of the principal streets. In the harbor, the gale lashed the waves until they swept over the waterfront. Ships at anchor were in distress, the storm was so fierce that no launches or lifebcrts could be sent mjt to the rescue. Within a few minutes transportation tefagi twgViFiTT-r* Yokohama was at a standstill, fcdffie^th^b typhoon swept on to Tokyo, and the Sumida River, tasafe flowthrough* the capital,^Sdover its banks. House^w*. T’ b,0k,n down *r***r«*^J&% People living on the riverbanks had to leave their homes The-naval.-base-at-y«he9T*a^as-dames«t. MEXICO All eyes in the Western Hamisphere will be focused on Mexico City tomorrow. The MexicanCongress will enter upon its regular session. It has been sitting all this while in special session, having been called by President Cardenas on account of the international situation over those oil expropriations. The important thing about tomorrow^ proceedings will be the annual message of President Cardenas. jriKgrcmr^ewn presidents^ of^-fehe Congr»>s^ It was announced in Mexico City today that what General Cardenas says tomorrow "will be the most important message delivered since he was inaugurated.” He will speak of course about that oil business* ©verybody will be vastly surprised and disappointed if he doesn*t make some reply to the latest note from Secretary Hull about the seizure of farmlands owned by citizens in the United States. Only last week, the Secretary of State warned Cardenas that his ref to arbitrate that was a breach of international law. POLITICS So^fie New Deal^«*=^^ lUklns in two places: Both in the California and the South Carolina primaries it*s obvious tonight that the men favored by the President have been rejected by the Democratic voters. , may not Of course in California, it^^auudc^be considered as exactly a New Deal defeat. Sheridan Downey, the man who beat Senator McAdoo for the nomination, is the thirty-dollar-a-week <xf- man. His campaign had little to do with the question1 to New Deal X, or not to New Deal. He was running on the victorious ham and eggs platform, the proposal to g± hand thirty dollars every Thursday to everybody over fifty years old. Incidentafiy, the-be was a^fight^er that""proposal in the Cali' 3, and the/'&dvocateS ofthis pension ff the ba "plan won out/ Its opponent^/had tried to^keep it Bu^^he California Suprethe Cou^t declared the proposal perfectly legal. At the7same time, the Judges' declined to to ip/hether was constitutional or/not. In South Carolina, however, the result is an unmi stakeable New Deal defeat, a refusal of South Carolina POLITICS - 2 voters to follow President Roosevelt»s wishes. Senator Cotton Ed Smith beats his opponent. Governor Johnston, by some thirty thousand votes. In Washington the Interpretation is that while President Roosevelt has not lost his personal popularity to any important extent, the voters will not accept all of his followers without question or ±h turn thumbs down on his enemies. Mr. Roosevelt had just one remark to make about the returns from South Carolina. He wrote out his statement in these words:- "It is often true that it takes a long, long time to bring the past up to the present." h . o « l » c »_ The other night I heard a group of real estate men discussing the big shots in their own line. One name after another was mentioned and debated. A visitor from Washington remarked: "Hone of you fellows seems to know who is really the biggest realtor in the world.” The others said: ”A11 right, weTll bite, who is he?” Said the man from Washington; ”HeTs the gentleman with the whiskers, your Uncle Samuel. There's not an operator on the face of the earth, let alone these United States, who approaches him. He owns more than a hundred thousand homes and into the bargain sixty thousand farms. If he were to throw them on the market, he'd break you all.” I find that the visitor from Washington was talking the literal truth. The figures he quoted are those of the Home Owners LoanCorporation. All this was prophecied when Congress passed the Act that created the H.O.L.C. Nevertheless, government experts claim that the H.O.L.C., for all the huge volume of property it is obliged to own, has a pretty good record.^W-Ho»*=«> -Laan Corporation ,ls$m rwiiei’S _JLofuas, —%heir H.Q.L«C»- 2 payments to the government. Considering that those loans were made to the people who wereehard up, thatfs considered a pretty good record. The amount of money that H.O.L.C. has invested in real property is about three Millions. In addition to that, the Farm Credit Adm inistration issued a million loans and two hundred and fifty thousand of those millions are in arrears. So altogether Uncle Sam has five billions of your shekels invested in real property. While on this subject let*s not overlook the F.H.A. — the Federal Housing Administration. Of all the alphabet agencies, it is said to be the most s uccessful — doing a superb job. mellow After Andrew Mellon became Secretary of the Treasury - j'his friends described him as the greatest since Alexander Hamilton - there was much rumor about his wealth. Mellon family intimated! that^ttj^riches approached the billions. millions. , An inventory of his estate whi made public today. The figure fas thirty-seven million dollars. However, it is admitted ^ A ~ that he gave away more than thirty-five millions before he died. He also presented the nation with his aud extraordinary collection of paintings which the experts value at about fifty millions. Neither of his children received any legacy in his will. them large sums of money sometime before his death. Most of the thirty-seven millions left in his estate goes i-o the A.W.Mellon Educational and Charitable Trust. Other estimates figured him out as being worth at least a hundred YUoO—- HINES /" On the v.itn.ess st^nd in the Jiaiaiey Hines trial today, there sat a dapper, sharp-faced young man, with hair slicked down, knife-edge creases m his clothes. He spoke in a high-pitched voice and gave his testimony somewhat nervously. I-t waa a sconc-thalr-he had—— &o--await for a long- while »—And -an trance •wae—oft# J £&r whieh 'thynpeet^tors—had -hoon-iapatien^ S*=wa»^xe of the higti soots in that complicated trial. Tho weaoel- faeed yo«ng man was Dixie Davis, the country boy who came to New York and made good in a big bad way* ti^^Sbarted from nothing and, on his own admission. ended up in the top ranks of one of the underworlds big rackets. H to testify against the big,ruddy. He was there^. popular ftrowy Jimmy Hines. J Wh^t he had to say is no longer new. It has been told j before and several times. (^He told in detail of having met Hines as lawyer for the dead racketeer, Dutch Schultz; ne told of having given Hines large sums of money,^ie talked of having j*1 ■i^***** dined With him and wined with him, ^nt^ith him to races, prizefights, night clubs. On one occasion alone, he s , j . iiciT»c &t many other times he had given given Hines two thousand dollars. A y i , 1 / HINES - 2 him sums from two hundred and fifty to a thousand. In particular he went into detail about instances of HinesTs Interference with the New Y0rk courts. Davis had instructed Hines whenever he particularly wanted some cases against members of the Schultz mob dismissed by a magistrate. On such occasions, he said, "I saw Jimmy and the case was s r dismissed." And once Jimmy remarked that Magistrate Capshaw had more gut^ than any other judge he knew. District Attorney Dewey took particular pains to make aJ- Dixie Davis admit what sort of a person he was. ^Defense counsel 7^7 Lloyd Stryker didn’t like this. .It stole the thunder that he A might use in cross-examination. Nevertheless, Dewey exacted from Davis the admission that he had been disbarred as a lawyer, that he had committed perjury many times,^that he was legal advisor to the DutchSchultz policy racket. Be also admitted that he had been present when one of Dutch Schultz's gang was killed in a hotel room at Tpoy, New Y0rk. rtCvy UtVY PLANES Uncle Sam's Navy will not be represented at the National Air Races in Cleveland this year. Its crac^nadron had been entered, eighteen fast small fighting airships. They had been expected to make a sensational showing. But now theyTve been scratched. The reason is that the propellors of some of them have been found defective. The Navy Department was qv&fc* A frank in announcing it today. The entire squadron of eighteen planes has been withdrawn to avoid the least possible chance of ail accident. However, there will be other airplanes from our military establishment at the Cleveland races. The ijg.rines will have a squadron of eighteen, p±*s»«^ likewise the army.^Marp^ _•___ ■ railroads in Chicago, clouds were gathering today, clouds over the American railroad world. They may be the forerunners of a storm that will affect,and most uncomfortably affect, the lives of everybody. As £ou will remember, American railroad officials i and labor chiefs have been arguing for months over wages, over hi : v ill the insistance of the company executives that wages must be cut. Theyfve had conference after conference without effect. Today, the representatives of the companies and the unions met with the United States National Mediation Board. And there’s a sinister General railroad strike would be a calamity. t . o CQMOTI^E One ol the most unusual thieves in the world is roaming the woods somewhere in the Province of flew Brunswick. There was mystery today in the yards of the Canadian Pacific Railroad at St., John, New Brunswick. Something was missing. And the missing article was a locomotive. An engine weighing seventy-five tons. Some rare kind of shoplifter had been at work. The railroad officials called upon *ftg-rT fche police radio patrol, but the cops couldn!t catch up with the thief. He had boarded the locomtove while it was parked on a siding, and steamed down the tracks at top speed. Miles down the iine he stopped the engine and took to his heels through the forest. and said SO LONG HEX UNTIL TOMORROW.