CHEAP MONEY MOVE
IN NEW YORK
New York, To-day
The United States Federal Re serve Board have announced a two-
HITLER'S FIVE HOUR SALUTE
Nuremberg,
Herr Hitler stood saluting for nearly five hours, reviewing parade of 110,000 Storm Troopers and Black Guards from all parts of Germany yesterday.-Renter.
point programme to maintain low plan followed a two day session of interest rates. ~~~~
The plan provides:
Firstly, liberation of $300,000,000. of sterilised gold, and,
Secondly, purchase of Govern ment securities on the open market by the Reserve Board.
Imittee
THE CHINA
ITALIAN AND FRENCH NEWSPAPER COMMENTS ON ANTI-PIRACY PATROL PLAN
Rome, To-day.
Although the Sunday newspapers all carefully the Board's Open Market Com-avoid any expression of opinion on the results of Effect of the programme will be the Nyon Conference, they all point with evident to raise the supply of Bank funds satisfaction to the fact that Italy has been invited available for loan by $300,000,000, to participate in planned control and that the So-
viet is excluded.
plus whatever sum, the Board ex- pends on Government securities.
Announcement of the Board's Reuter.
CHOCOLATE MILK
D. E.S LATEST LINE
Several papers interpret the official communi- que as recognising both Spanish parties as belli- gerents, in spite of that part of the communique stating the contrary.
“Figaro" comments that ex- "Popolo di Roma admits that
clusion of Russian from active according to explanations given. by
participation
has
placed the en- the experts, any submarine bearing
tire Mediterranean situation on a the Spanish Nationalist flag has a
more healthy basis. right to stop or torpedo merchant ships without the control Powers The paper says that the last word being able to interfere, as long as has not been heard from Aloscow, Article 22 of the London Naval because the approaching session of Agreement, dealing with humanis-the League of Nations will afford ing submarine warfare, is not vio-Russia ample opportunity for more
action. Trans-Ocean. lated
RECOGNITION · IMPLIED "Voce d'Italia" declares that the
MORE THAN JOO UNITS OF action of the Conference in giving
VITAMIN "D"
PER BOTTLE
submarines of the Nationalists and Republicans the same status, im- plies recognition of belligerency and that that part of the preamble Ito the effect that the participating States in drawing up their agree- ment did not intend to recognise either Spanish party as a belliger- the ent, was included because of Soviet protest and to save the gen- eral situation.
PARIS SATISFACTION
EXPLOSIONS
IN HEART
OF PARIS
Paris To-day Two explosions occurred Saturday night in the Etoile the Arc de In Paris, a tone of satisfaction quarter, near prevades the
One papers naturally expressing grati fication that Bussia is excluded building in Rue de Presbourg,
which the offices of the Federation from control -
Le Nation" asserts that success of French Employers are roused of the Conference, which represent- The four top storeys of the ed extremely rapid action on the building were completely wrecked. part of both statesmen and techni- Two policemen passing the build- explosion cal experts, is conslusive proofing at the time of the e that the will for general European were injured, one dying later.
At the same time, another explo- co-operation still exists.
press, the Rightist|Tri explosion occurred in
The paper comments on the sion took place in the offices of the adox of a nation which is not Federation of the Metallurgical
in Rue Bo von, play
but no one.
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Pure Food Specialists
from
Le Journa
shevism was prev
of time from entering the ranean in the form of Russi
ships, and oph had her ties structed
proache
Powers
reen the
ANOTHER
The commentator on foreim SUBMARINE
the
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ATTACKED
tation preparation
The care. reported handed in
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