f -n L* T* OIL BROADCAST - S/J39/35 Good Evening, Everybody: begin tonight with another astonishing bit of news from Germany,5c though perhaps nothing that comes out of Berlin should astonioh us much today. H. R. Knickerbocker cables the ^ew York Evening Post that Chancellor Hitler has dismissed four prominent men from their jobs. And the kick in it is that they are ail his o*. n followers. He has not only fired them from their jobs, but has fired them from the party. Vdiat is more, he has had them pinched and thrown into a concentration camp. They are the first prominent men in the Chancellor's own party to be disciplined in this fashion. The technical charge against them is "having attempted to anticipate the economic decision * of the Chancellor." But the Evening Post points out that the real crux of the matter is that they were all radical socialists They were attached to the office of the Commissar of Economics. And their reali offense is that they wanted to carry out the LEAD - 2 Socialist program in Germany. You will recall, perhaps, that the full name of the Nazi party is National Socialist11. S q to arrest these chaps for having socialistic ideas seems a trifle puzzling. But, as Knickerbocker remarks, this incident shows that Ki.tler^ now that he is firmly on the throne, turaingufr to throw overboard socialistic ideas and all those who believe in them. This policy indicates that the Naxis are aiming to carry out in Germany a program similar to that so forcibly and effectively executed in Italy by Benito Mussolini. A wireless report brings us anotliE sensational bit of news from Berlin. A former Chancellor of Germany, Gustaf Bauer, was arrested. Ex-chancellor Bauer was a ooclalist leader, but it is not because of that that he languishes in the coop. He is accused of fraud. It Is charged that he conducted Illegal financial operations involving millions o* marks. Incidentally, the haS a neW newspaper* It is an organ of the Nazi party. It is called "America’s Deutsche L^i> -3 Pawst", In other words, iimerica’s German Post. When I call it a newspaper, I am probably stretching a point, because this journal which is published in Jamaica, Long Island is composed mostly of propaganda, propaganda of an exceedingly violent sort. The copy that was sent to me features largely an appeal to people of (ferraan origin in America to join in a counter boycott against the people who are boycotting German goods. The streamer headline across the front page reads: “america1 s Germandoa demands sharp measures against the anti-German boycott." CONFERENCE To:layT s meeting of the World Fconomic Conference in London came in like a lion and went out like a lamb. Raymond Grain S'',inc cables the ^ev; ^ork Evening Post that the KEiiaK day opened .1th & crisis amounting almost to a panic, and the conference was threatened with disast r. But representatives of the gold standard countries held a meeting with the spokesmen of John Bull and kr.ci Cam. When that was ov the situation seemed much easier and t ie ala -m of tie delegates had subsided, JbcxtXKissxxxspnx A wireless report informs us that an official statement k was given oj in London that this meeting had made considerable progress towards currency stabilization, Meuriv'hile an important announcement was made in Washington on behalf of President Roosevelt. The President was described as unalterably opposed to any stabilization of exchange which would tie his hands >n the use of his emergency powers to raise commodity prices. On the other hand, it was stated that Uncle Sam • ould be favorably inclined to arrangements which V | { might eliminate or at least mitigate wide speculative fluctuations in exchange. .but this could only be done provided such arrangements left the president complete frr»etio.;i )f action. Officials of the state Department were asked about reprts which are circulating in Europe that the European countries -have asked ILr, Roosevelt to outline his policy on stabilization. The state Department refused to comment on these reports, also on rumours that France is comtemplating a motion for the adjournment of the Ecomonic Conference within a week that i?, unless some sort of agreement is arranged on stabdLisation. TENNIS w- * - \ While Uncle Sam*s jpolitical delegates were discussing money our tennis delegates had a good day at and Wimbledon. Ellsworth Vines, LesterStoefen,/Cliff Sutter A all won their matches in the men*s singles. As for the women, the two Helens — Helen Wills Moody and Helen Jacobs also won in straight sets. The only defeat for our banners was that of Keith Gledhill, who was beaten by the famous Bunny Austin of England PRIMCE Here1s a new one about the Prince of Wales. No, he did not fall off his horse. On the contrary he won a golf match. The occasion was the English Parliamentary Golf Tournament. The opponent whom the Prince defeated was Lady Astor,•, the fwiuoM* American-born member of the Bri' British 'V A House of Commons. Our correspondent has politely refrained from giving the score. NBC da Ccru - / vutL t't-dc'Zju'-es. Lli^UU Anybody v»ho has a new idea is always interesting, A friend oi mine> iAr* Branson de Cou listened to a number of travel lectures from explorers who came bacx with pictures and hit upon a novel way of doing the same thing himself. Li^e many others, Mr. de Cou goes to trie ends of the earth and comes home with pictures which he shows to the public. But the novelty of it is that he doesn't talK all the time, but lets the pictures do the talking. He calls them dream pictures, and accompanies them with exquisite music. Mr. de Cou is just about to step on board a steamer for another jaunt to far places. He came in to bid me adios a moment agj, so J* corraled hi and planted him in front of the Mike. How, Hr. de Cou, your latest j urney w^s to nearby Mexico. I've seen your pictures and they are superb, apparently you consider that counyry one of the loost interesting of the lands you have visited. How about it? Has, and Brother de Cou, come oh let's ' * | near you pronounce them. DBCOU - £ Mr, de .CflU- ’ -Les, Mr. Thomas. Frankly I was amazed at Mexico's picturesque cppealj its almost Oriental fascination.11 ihe shabby, evil border tovms do not prepare the traveller for the unusual sights of the great interior plateau, 7500 feet above sea level which include two great snow-capped volcanoes, Popocateptl and Ixtaccihuatl. borne American tourists prefer to call them 'Popo.and the other onei11 “lixcellent Motor roads lead from Mexico City to ancient pyramids and temples, to quaint mountain villages and marvelous old cathedrals. One could never forget a Sunday at Xchimilco, the ;;; Mexican Venice among the canals and floating gardens. I think I liked, best of all, the natives with their dignity and utter lack of pretense and their magnificent inertia against which neither Spain, nor Europe, nor our amazing American energy has yet prevailed. "here is no machine-age, but the pastoral xhxb ease of genuine prinitive life stil to be observed, boon we americans 11 j_*i .r ^ .irtvi r>n Citv over a new International wili. be able to motor directly to Mexico oi^ Highway. ^et us hops, most earnestly, that the inevitable tourist drive will n t spoil the charm of Old Mexico 0 Wii \l/V l - ^ v_>L-- ^.,. ^'.p^vXfcz^/ »^aa interesting scene at the hearing before the |H m 7 ^VV\^y\J2^A^C^e ^ v*^«^ ^"t£g 'f^thvv.. Sena ue Commit i_ee on banking and Currency a4\'Washington today, of Kuhn ^oeb and Company, was on the stand once more, ^r. Pecora, counsel to the Committee, had recalled Mr. Kahn in order to question him about the income tax that he did not pay for three years. Well, instead of being grilled, Otto Kaha turned the tables on the Committee and on his inquisitor. He told the Senators that th ICfD collapse xf and the hard times that followed should be blamed at least in part on Uncle Sam’s tax laws. j.he principal target of his criticism *as the tax on capital gains and losses. He Involved, pointed out that owln;: to the ta^iroraivin^ holders of stocks which increased In value held on to them and refused to take their profit. On the other hand, they did take their losses. Said lir. Kahn to the Committee: "I consider it a hazardous piece of business for the government to eamble for its revenue on the country's economic condition. The government should ood and bad times alii*e. be assured of a steady revenue in KAHN - S la-n n.e auaed* T,Ta. rich would pay their taxes on incomes if they only knew^how much they had to pay.” . wahn also told the committee the Stock Exchange every ou:“ht to be regulated, and he said that^fax^thirty years a new economic pattern emerges. I'he last one, he said, occurred during the r» i n of Theodore Roosevelt. And he believes another one is at han jud Ing by Roosevelt.1 mt miiflTmTEtPn <AjLAj\*^a 7 events^^feto^AfattfcdEtn^yin^w^ of Franklin Inquisitor Pecora brought up the question of spectacular gsmblin . Otto Kahn r« plied that speculation serves a legitimate purpose, but only so long as it is not gamblin';. Six* He explained that therf rust, be sp eculation in every line of business, as, for instance, manufacturers must decide whether to buy raw materials in December or in March. Every man must decide when to buy bonds. Buyin. stocks on margin he described as gambling pure and simple. Llke J. P. Morgan, Mr. Kahn toll the Senators that In i , Co 011 ion as to establish a® losses 1930 he had cola stocks in such a and consequently paid no income tax tg* Uncle Sam. In the same year, however, he paid about five thousand dollars income tax to John Bull.and And what do you thinV: of that? Mr. Pecora also brought out the fact that Kuhn Loeb jic&x'ti-ii _ and Company has a preferred list,, Morgan^am: a list of prominent people who are privileged to buy issues of new securities at less than the market rate, Mr. Kahn explained that the people so favored are put on the list as a to.:en of courtesy and jood ’ ill in return for advice and assistance^ I a AGNATES A group of the country's big wiigs at the Hotel Willard in Washington today. They are members of the Advisory CoDiiuittee on tr control of Indus try 5 who are in the capital to confer with Secretary of Commerce, Boper, and General Johnson, Administrator of the Nation 1 Reoov cy Act. Among these nagn'ficos are Alexander Wegge-, former head of the Farm Board, Alfred P. Sloan*’, Jr., of General Motors, Gerard Swope, head of the General Eloctric, V. Iter S. Gifford, o'* the A. . v T., Delaney Kountze, Mward A. "ilene of Boston, Fred X. Kent, Everett Grlr,;s, and several others «ho rule the destinies of the Industrial world in the 0.3.A. Correspondence. V^HEAT ncle ^am s Department of Agriculture issued an important s^rlL 1 about if:3 The Department says the spectacular rise in prjC'.s is due principally to the depreciation of Uncle Dan1s dollar on foreign exchanges. Wheat has -one up in America, although the market price throu hout thf world at large is still at a very low level. As a matter of fact, the statement adds^the domestic wheat market is s ill considerably overloaded by a large carry-over, a carry-over from last y» ar. The department says further that the carry-over throughout the worldy into the next season will be even larger than last years, although the production throughout the world will be somewhat snaller. The department of Agriculture adds the important information that this year’s crop appears to be less than v.hat we need for home consumption. Tne s&lus is due to the carry-over from last season. incidentally, representatives of the wheat producing countries held another meeting in London today. This was to _________ _________ ____ ___ WHEAT - 2. discuss and. try to arrive at ____________________ . a definite scheme for controlling production throughout the world at large, A wireless report from London informs us that when the representatives adjourned. no definite progress had been made DISABLED VETERANS Here are the boys we are all for — the disabled veterans. They have their own organization, and this week they are holding their annual convention out in Cincinnati. Madam Schumann-Heink joumied to Cincinnati to be with them! also General Hines, and many other war-time celebrities. Two thousand lame and blind paraded through the streets of Cincinnati. Xes sir, they are the boys whom we all want to back, one hundred per cent. L.‘J. Personal Correspondence roqspvelt That log which has been blanketing the coast of Maine aeciaea io let President Roosevelt continue on his vacations cruise. After being fog^S^l^^^everal days he brought his yacht Amber Jack II, into Welsh Pool, New Brunswick, at Campobelle Island, around four orclock this afternoon. The President landed on a public pier and was driven to the Campobello Yacht Club escorted by a squadron of the Canadian Royal Mounted Police. He ras greeted by Premier Tilley New Brunswick and a—caxaaeeba&fe-other Canadian officials. He made a brief speech to the crowd and then drove to his motherTs cottage on Campobello Island. In the President’s party were Mrs,Roosevelt his son Tames^and wife. Dr.. Hargey Cushman of Boston, and Henry Morgenthau, Jr. Mr. Roosevelt plans to stay at Campobello several days and will return to Washington on one of Uncle Sam's destroyers. MARRIAGE An interesting maHtrimonial item comes from Chicago. A lady In Milford, Illinois, recently obtained a divorce from her husband. The moment the decree was signed she took a salaried job as a housekeener, and her new employer Is her old husband. CORK Here's a corker from Cork. A correspondent sends me a copy of the Cork Examiner^containing a dispatch which at first I thought was a tall stoiy. But it seems that the facts came out at a coroner* s inquest. A gentleman died on the other side under such circumstances that a post mortem and an inquest were necessary, ^he medical examiner informed the coroner that the stomach of the dead man contained no less than three-and-a-haif pounds of hardware comprising a total of 497 different articles. The police made a list of the articles. They include 200 nails from half an inch to four-and-a-half inches long, 36 staples. 43 gramophone needles, 6 teaspoons, 3 table-forks, 4 pennies, 2 half-pennies, one shilling, 6 suspender buckles, 1 live revolver 1 :-|S| ballet, 2 S-shaped meathooks, 1 motor car tire valve, 1 gas lamp burner, 3 pen knives, safety pins and other pins galore. In total of 497 pieces./^-—-^ ^ Aj The dead man’s sister identified the spoons and _____ . lA&tr * 9^Jh forks as articles she haf», medical officer told the ^ COhA- - k, coroner that the dead man had a delusion that his stomach was too smooth, so he took this means ol curing it, gavd one final farewell gasp and said:- oO LONG UNTin TOMORROW.