Evening Star Newspaper, February 25, 1935, Page 11

FEED, FOODSTUFFS FLOW S REVERSED U. S. Changes From Heavy Exportion to Import Fol- lowing Drought. By the Associated Press. Reduced to the smallest crops in 54 years by the drought and A. A. A. re- strictions, the United States last year was changed from a heavy exporter to an importer of feed and foodstuffs. As a result of the smallest crops | since 1880, prices rose to a point where other nations could ship to the United | States, scale the high tariff walls and | still make a profit. Quite a bit of food and feedstuffs, including wheat, were exported from the United States early in 1934. But with the drought came a sudden change in habits fixed over the gener- ations when the rich Middle Western fields were the wheat and corn gran- aries of the world. Trend Continues in 1935. The trend, officials said, had con- tinued into 1935 and probably would go on until the price of food and feed declines. For the first time on record wheat was imported from France in 1934. ‘Total wheat imports from all coun- tries during the latter half of 1934 totaled 1,231,000 bushels, as compared with the 175,000,000 bushels which the United States normally exported to foreign nations only a few years ago. ‘The United States exported over 30,000,000 bushels of wheat last year. Virtually all of it, however, was shipped from the Pacific Northwest, where a surplus had accumulated and it was exported through what amont- ed to a Government subsidy. Officials said the value of farm products exported in 1934 probably had shown a precipitate drop from 1933, when they amounted to only a little more than a half-billion dollars. Back in 1929 farm exports totaled $1,495,790,000. Import figures tell what happened in the year just ended. Since July 1, 1934, imports of cot- tonseed cake totaled 34,728,580 pounds, compared with 4,174,775 pounds dur- ing the entire five years preceding. Meal Imports 3,780,864, Cottonseed meal imports during the same period amounted to 3,780,864 pounds, as compared to 5,289,392 pounds during the entire five years, 1929-34. Cottonseed oil imported, 193,843 gallons, compared with only | 25 gallons during the preceding five | years. Last year American users imported 178,650,822 pounds of shelled corn from Mexico, Argentina and Man- choukuo, quarantine restrictions be- ing relaxed in some instances to per- mit this flow. In past years sufficient broom corn was produced in the United States to supply practically all domestic needs. Since July 1, 1934, however, domestic manufacturers imported 27,- 171 bales and 35,620 pounds of broom corn, in comperison with only 407 bales during the entire five years before. - COUGHLIN DEMANDS HIGH WEALTH TAX 8ays Large Corporate and Private Holdings Must Be Made Submissive. By the Associated Press. DETROIT, February 25.—The Rev. Charles E. Coughlin declared yester- day that the tax weapon would have to be brought into play against great | private and corporate wealth in this | country to safeguard private owner- ship for the “little fellow.” “I am firmly convinced,” Dr. Cough- lin declared, “that we must tax monopolies into submission if we wish to approach sanely the problem of Ppreserving_private ownership.” Father Coughlin also touched upon monetary questions, denying that gold was ever in reality “the yardstick of value,” Glass for the latter's defense of the gold clause in contracts. “Senator Glass insinuates that we shoula hang our heads in shame,” said Father Coughlin, “for even ap- proaching the European debtors who have repudated their financial obli- gations because Congress itself ‘has repudiated,’ so he says, ‘the most sacred indebtedness which any na- tion on earth ever incurred. “These words,” Father Coughlin continued, “prove what we have long suspected. Carter Glass is the cham- pion exponent of financial gymnastics.” The speaker also came to the de- fense of the $5,000,000,000 public ‘works program, and assailed Senators who had advocated the payment of | less than prevailing wages to P, W. A. | ‘ labor. “By 1950,” he predicted, salutory laws are introduced, 70 per cent of all the corporate industrial ac- tivities in the Nation will be carried | on by 200 concerns.” BYRD PARTY RESTS Spends First Sunday in Port in New Zealand. DUNEDIN, New Zealand, February 25 (P)—The Byrd expedition, just back from the Antarctic, spent its first Sunday in port yesterday by resting. Only essential work on the | ships was undertaken. Members expressed great appreci- ation of the hospitality extended them here,*but were anxious to resume the trail homeward. “‘unless WHY with a run-down, and criticizing Senator Carter | WANTS CABINET MEMBERS IN DEBATES. REPRESENTATIVE BYRON HARLAN, Demograt, of Ohio, shown in his office as he looks over his bill now before Congress which would assign seats on the floor of the Senate and the House to cabinet members and allow them to take part in debate. —A. P. Photo. HULL SEES END OFU.S. ISOLATION Says Policies Must of Ne- cessity Be Those of Great Power. By the Associated Press. WINTER PARK; Fla, February 25. —Secretary of State Cordell Hull, speaking his “article” on the Ani- mated Magazine, feature of Founder’s week at Rollins College, yesterday |told the “subscribers” the Nation | never again would “withdraw into | ‘splendid isolation.’ " The “enormous speeding up of trade and communications, under influence of technical discovery and advance- ment, condemns to futility any en- deavor to induce the Nation” to adopt such a policy, he said. “Our policies must of necessity be those of a so-called ‘great power.’ We cannot, even if we would, fail profoundly to affect international re- lations; our choice is of the various | ways of affecting them which are ‘open to & Nation situated as we are. It would be hard to deny that we are so placed that we could, if that were our intention, engage in a policy ,of imperialistic expansion and ag- | gression to the detriment of others. “The alternative course open to us is to make our influence felt through a policy of political, economic and cultural co-operation to the advantage of all and in an atmosphere of trust and peace. The latter is our policy, a policy so accurately described by the President as that of a ‘good neighbor.” “The ‘good neighbor’ policy meets the requirements of every reasonable test of history, it is in harmony with the great need of the modern world and with the particular needs of a modern United States in this modern ,wnrld “This Nation’s peace proposals, tak- en together with the provisions of the Kellogg-Briand pact, provide, I submit, the four pillars of a sound peace structure—first, the renuncia- tion of war as an instrument of na- tional policy: second, a promise of non-aggression; third, consultation in the event of a threat to peace, and fourth, non-interference on our part with such measures of constraint as | may be brought against a deliberate violator of peace.” —_— $20,000 Narcotics Seized. SEATTLE, February 25 () —Cus- toms agents yesterday arrested six men, four of them Orientals, in & waterfront raid and seized a speed- boat and narcotics valued at $20,000. 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