◆ SpookStack

The National Whirl: wre Fewapaper Ayndicate Fits4b = 8 ‘ Bale 10-5238 Thr elgnifiocant angle ia that = for thr first tim einct Besstvclt sag inaugu- watcd = the Stock fxchange baw rignincd Ite self—confidrnce to the degree of asacrt- | Sng ite owe vicrpoint against the gevernarnt. Teds SRARSE A Little drama of the progreea of propaganda in three acts. September, 193) = Britain abandons the gold standard, fWer'4 opinion iw shocked, @eacral reaction gloony ~ what awful thing wilt boppen nett , , Merch, 1953 = the United Btates goes off gold, Bractions mized, Conscrvatives @rtcatly upact, Thr Britieh borrificd at our apnetary immorality (shich speilid " taese Little ace of regaining anqugstioned world ascendancy in trade and money matters). Jot a good dral of rcjoteing aleo., Wonoged woncy idre = promted by Committe: for thre Nation = begins to takr bold, Scpteaber, 1936 - Freace quite guld acid practically omaninows rejoicing. Pinan- elera delighted. Only inportent disecnt comes from political opposition in France, and that's lorerly tongue-in-cheek. ive yrara have clapecd ani @ move originally wlived os & reercttable repudiation of national obligutions = a ncfarious mmifing af the rights of erriitora = bag mr tamorphoard inte the world monctary salvation. Bom ebecrtere with long mscmorice get a Legh out of the changr. EETEL Stee] operations at 75.4¢ of capacity sound grand, although higher pereentagrs wert scored during the World Yar. Thry arc cven deter than they sound, Production fe carrestly at the sate of 53,000,000 tens of etre] ingota a year, as compared to 45,835,000 tons at ths prok of the wr boom, Only in 1929 wag the present rote ecx- eended, ond then by very li¢tie. Thr point Je that theoretical ompacity has expanded frou 48,700,000 tens in 1918 to 61,000,000 sew. Informed ecurcee say the latter figore ls pore throry, & many furnicee ate obsolete that prracnt proiuction is catimoted ot mre than 904 ef actvil capacity. if thx doomnd contimurs cotensive Plant renovaticns ant additiozns are indicated, ELLIS Eooervelt sony at & to 5 hes fre takcre in New York + yet,...4 favar- ablz outcome of the power pool confrrence might lead to markrt fireworks in etili- tira...-300 unions with 400,000 members arc affiliated with thre Labor Party in Bew Tork...-1937 carping outlook for aviation coupanite Pollish. (e.¥cClure Newspaper Syndicatz) PLEASE GSSERTE COPIRIcgT 53