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world economic conference toronto flier wins todas new champion crisis believed passed race to liner roosevelt rejects stabilization proposal but hull has sub- makes fast trip to rimousk stitute high tension in france london july 2 belief that the cur rency crisis of the world economic conference has been successfully pass ed prevailed late tonight after secre tary of state cordell hull chairman of the united states delegation gave the gold bloc nations the main points of the united states monetary policy the sold nations again did their ut most to induce britain to join in a de claration ou currency stabilization without the united states but jiac- donuld remaining firm pointed out that he was unwilling to join without concurrence of the united states the united states learned that the british in their nonidentical declara tion planned to point out 1 the undesirability of the nations entering into currency competition in order to acquire a temporary advant age iu international trade by depreciat ing the value abroad ot their curren cies below such a point required to re establish internal equilibrium 2 the desirability ot having the authorities regulating currencies and smoothing out as far as resources per- jnit fluctuations in exchange due to speculative influence roosevelt rejects proposal loudon july 2 president roose velt saturday rejected in its present form the monetary proposal drawn up with a view to saving the world econ omic conference from collapse the notice of disapproval for the plan which had been communicated to liiui by raymond motey assistant secretary of state on behalf o great great britain and members of the european gold bloc was made public saturday night by the american em bassy whose spokesman said the president has notified the sec retary of state that he lids rejected the proposal in its present form president roosevelts rebuff to prance and her continental gold bloc left great britain at crossroads she could follow the policy of the bank of england adhere to the gold standard group or could turn toward tlia american inflationary policy as urged by some of her dominions it was acknowledged in all quarters that the great world assemblage final ly brought together after nearly a years urging by prime minister ram- ea macdonnld of great britain had reached a most critical point and americans regarded the presidents action as placing upon british should ers the burden of deciding its fate monetary truce unacceptable while all delegations awaited the promised elaboration of the american stand by secretary of state hull the delegation chairman in the hope of finding some means to bridge the rift wellinformed american quarters made plain that mr roosevelt would not subscribe to the proposed declaration of a monettary truce in anythug like the form which he rejected the declaration included a proposed agreement that stability in the inter national monetary field should be ob tained as quickly as practicable and that reestablishment of gold as a measure of international exchange value should be iu the interests ot world recovery bitterness in france paris july 2 france will continue to participate in the world economic conference at london despite presi dent roosevelts rejection ot tho gold blocs currency plan it was indicated in government quarters french bitterness and disappoint ment at mr roosevelts action was not concealed but georges bonnet fin ance minister returns to london to morrow urmed with renewed instruc tions from premier edouard daladic- to carry on the fight for a european curency stabilization accord president albert lebrun abandon ing the chief executives traditional aloofness irom politics whtch is in the hands of the premier and his minis- tors today reaffirmed frances insist ence on stabilization of currencies at the london parley let all peoples lebrun said real ize that the stability ot money the common measure ot human transac tions is urgently necessary how can we make future engagements or sign durable contracts with our monetary to adopt such measures as necessary jimit exchange speculation in addition each of tho signatory governments would agree to ask its taking papers to busi- ness man aviation as a link with other forms ot transportation was demonstrated over the weekend when leigli cap central bank to work together with the reol ace toronto flier and test pilot central banks ot other governments 0 de havilaud made a successful signing the stabilization agreemeut iu aush by plane to rimouski in time to limiting speculation j get some important papers to garfield it was pointed out here that because weston who was aboard tho empress ot the peculiar relation of tho federal 0 britain bound tor england reserve banks with the government r a loader general manager ot do any request by the president would havilaml was asked at noon saturday a command i it there was any possibe chance ot getting the papers to mr weston on tho empress ot britain which would be interpreted more as thus the government would be assum ing responsibility for the exchange negotiations this it was reported here tonight mr roosevelt desires to avoid former administrations paticularly thoso ot coolidge and hoover took a similar stand during debt and reparations ne gotiations when european govern ments sought to havo the american government guide the actions ot the reserve banks in the face ot booming stock and commodity markets and as his gigan tic industrial recovery program be gins to take form mr roosevelt is not expected to taks any steps to peg the dollar at this time sail from quebec two hours later ca- preol was delegated to attempt to get the papers through and he took off from the local airport shortly before two oclock with only a 15minute stop at mont real they completed the g50milo trip in six and a quarter hours passing the empress of britain near the island ot orleans shortly beforo six oclock capreol landed the puss moth at ri mouski at eight oclock in time to al low his passengers to board the pilot boat and deliver the papers moving plea by macdonald for cooperation by vorld moscow frees two engineers thornton and macdonald en route home london july 2 great britain and soviet russia patched up their im mediate differences saturday with the result that the british embargo on soviet trade was lifted and the two british engineers held in prison at moscow were released the peace agreement came after consultations between sir john si mon secretary for foreign affairs and the soviet diplomats jean mai- sky ambassador at london and maim liecinoff foreign commissar the embargo on russian goods coming into british ports was laid down april 10 the day after the group of british engineers were found guilty by a moscow court of espion age and sabotage three of the brit ish engineers were expelled from rus sia but l c thornton and w l macdonald wero sentenced to three and two years imprisonment respec tively stunt auto driver killed performing feat new liskeard july 2 out of work and desperate lorno suicide chaput is dead from injuries receiv ed when he attempted to jump an old touring car across a cofoot space to entertain crowds at the beach here chaput 20 years of age had twice successfully completed the jump bo- fore kirkland lake crowds rnd col lected from the 3000 who had wit nessed his stunt a total of 18 with a premonition of disaster chaput climbed into tho car hero after shaking hands with a number of friends and kissing his mother goodbyo unable to speed tho car to more than 35 miles an hour ho took off tho inclined platform the ma chine dropped off the end and threw him clear then stood on end moment arily and dropped over on top of the young driver crops burning up in middle west kansas city mo july 2 fanners saw their crops burning up and city dwellers suffered intensely under ro- cordbreakiug temperatures as tho middle west sweltered under a pro longed heat wave bartlesville okla recorded a tem perature ot 112 today the hottest in five years for two weeks the ther- i mometer has climbed past 105 every and crops in that section have suffered greatly while kiosk kan appeared to hold the heat record for kansas with its 11t degrees reported early in juno the current wave has brought tem peratures near to that point in sev eral sections the mercury climbed to 115 at junction city on saturday the 14th consecutive day it had been over 100 salina had 111 degrees and emporia 112 live stock raisers reported pas tures drying up as week followed week without any rain officially kansas has just finished the driest 3j3 h 2i voara or ver 3l23 re cords have been kept cauneha in fighting pose primo camera giant italian whose quest of the worlds heavy weight title ended in triumph when he knocked out jack sharkey the inandout champion in the cth round at new york last night withstanding sharkeys most sav age attacks and losing the fifth by a wide margin camera got in a terrific uppercut to the jaw with his right late in the sixth round which put mr sharkey down cold and thus a new champion is crown ed roosevelt quietly concludes holiday welchpool nb july 2 ill bo back next summer standing on the deck of the uss jeilis tho president ot the united states repeated this promise to tho people ot campobello island yester day afternoon as the sleek grey de stroyer pulled out of welchpool transferred to the cruiser indianapo lis between this island and eastport me franklin roosevelt was headed towards annapolis- md arriving thero he will remain aboard the in dianapolis before continuing to washington president roosevelt stepped aboard the ellis from the same wharf where he stopped the yacht amberjack on thursday afternoon in contrast with his welcome that day when throngs ot visitors were here to greet the chief executive peoplo crowding the wharf to wave farewell were mostly residents ot campobello tho tourist victim of 1200 theft thief enters tent at night and removes trousers islington july 2 theft of nearly 1200 in united states currency by a sneak thief from an american tour ist of houston texas was reported to etobicoke township police tonight early saturday morning the tour ist arrived at tho veterans tourist camp iake shore road where ho had engaged two tents for the night some time in the early hours of the morning a thief entered the tent where he was sleeping and removed his pants the thief worked noise lessly and the tourist was not awak ened the thief took the money from the pockets and dropped the trousers a short distance from the teat the theft was discovered shortly before seven oclock when the party arose an elgin gold watch with a double gold watch chain and two small horse shoe pendants in motherofpearl on each chain was also taken the currency wa3 in the following denominations 1 50 35 20 30 10 25 5 and 13 in canadian funds by rt hon j ramray macdonald prime minister of britain london july 2 how easy it is for an international conference to bo bur ied in technical details and at the same time confused by those who can see the problems of tho world only through national spectacles and in terms of exclusive national interests the world economic conference to which i welcome in the name of tho government of the united kingdom the delegates of so many nations is not likely to be spared from this blight it will bo the more difficult to over come it and defeat the defeatists of peace in london because of the in tricate and technical nature of part of the problems which we shall have to discuss how can the ordinary man or woman understand all that is meant by tho gold standard or the raising of commodity prices or the most favored nation clause or the stabilization of the pound or dollar yet there can hardly ever have been a mooting of national delegations more fraught with destiny for the peoples than thi3 great conferonc but however deeply the delegates and exports may have to become immersed in mysteries of economics and finance people must remember that they have come here to try and stop the econ omic deterioration which has spread over the world and shows itself in unemployment and poverty there is indeed a volume of human need and human anguish which i must beg evevy delegate every expert and every critic of our confcreico to boar constantly in mind thirty millions at least of our fellowmen are unem ployed throughout the world 13 not the memory of this terrible accumula tion of undeserved poverty and de pressing idleness with all tho social evils that they bring in their train a sufficient incentive to us to strive for success wheat making a comeback last week saw net price rise of six cents a bushel writes the toronto globe to much sun too little rain too uianj only by international agreements to grasshoppers and hopes for an agree- is there any government which will refuse as part of a cooperative inter national effort to modify its present fiscal and monetary policy if by so doirj there is reason to hope that thi3 misery will be 1 educed for it is free the frozen credits to encourage the investment of productive capital and to diminish the barriers to world trade that we can hope to reduce un employment valiant efforts have been aid are being made i- our own country and in othes to provide em ployment and there is boundless scope for private effort but no one who has any knowledge of the mines and works and the factories created by tho labor and enterprise of the last century and of mechanical progress can fail to connect the unprecedented volume of unemployment with this other sinister fact that the value of world trade has sunk by co per cent in the last three years these great undertakings were built up on the assumption that the bulk of their products could be sold a home or exported to other lands how then can we hope to give em ployment to people of our industrial areas or save the agricultural coun tries from ruin unless we restore to its full power and circulation that in ternational commerce which provi dence surely intedel to be the life- blood of human society yet if this is to be done confidence must before all things be restored we cannot trade with one another un less we trust one another we can not expect money to be lent or invest ed without security of repayment or reasonable return international confidence requires before all things a irank and full understanding of tho feelrings and opinions of other countries copyright in united states and canada new york tribune inc payrolls of ontario firms show increase for month he was removed from the wreckage island folk standing in a drizzle by captain dure farlie high diver with whom he was barnstorming the entertainment committee refused to permit farlie to dive from a 90- foot tower shortly afterwards but farlie eventually did perform when the destroyer nosed out into friar bay gave three hearty cheera for tho man who they regard as friend varying according to the specu- bases latlon ot human whims to discuss tariff adjustments with currencies still fluctuating is pilr0 utoplaulsm nations with stabilized currencies cannot welcome such pro- bosals government leaders stunned premier daladier financo minister boonnet and clement morot governor ot tho bank ot france discussed mr roosevelts rejection ot their currency plan it stunned government leaders jwho asserted that undersecretary ot slato raymond moley at london had assured bonnet thero was no doubt that mr roosevelt will accept l why roosevelt objects washington july 2 president roosevelts chtet objection to tho eworld economic conference currency stabilization proposal which ho reject ed was reported hero to be based on jlils aversion to making tho united states government tho sponsor tor ex- chango activities ot the federal re- servo banks k under liio terms ot tho proposal each country whwo currency is not on tho gold standard would agree to it canadas war memorial undergoing alterations ottawa canadas national war momorial is being altered in accord- anco with suggestions of tho primo minister it was learned last week the memorial stood in hyde park london for about a year but has now gone back to the march brothers studio for changing when completed the mem orial will be brought to canada al though a site has yet to be definitely selected there is a strong likelihood that tho government may abandon the idea ot placing it where the present post of fice is because conditions are not rlpo for tearing down tho building and spending a million or two on a new- post office blinded by bump bump cures girl columbia mo july 2bumping her head against a canoo caused miss maryallco sand ot california mo to lose tho sight of her left eye- seven years ago today sho had regained it physicians said bump ing her head against a post accident ally in a cafe released pressure which had deadened an optic norvo behan acquitted on rioting count convict dues for first time in 20 years on hear ing verdict kingston july 2 with tears streaming down his face convict sam behan in kingston penitentiary for life and sevon years was found not guilty saturday of rioting at tho in stitution and acquitted by judge evan mclean after tho jury had deliber ated for an hour and a half behan who conducted his own case appeared stunned as the jury return toronto an increase in both the number ot workers and in the averago number ot hours worked during may- iu comparison with tho records for april is reflected from an analysis ot tho monthly records ot 234 largo in dustrial firms in ontario made pub ic by r b morley general manager of tho industrial accident prevention associations tho firms reportins all members ot tho associations employed a total ot 79135 persons during may the analy sis revealed an increase ot 1g77 over the total for april an increase of 1452704 hours in the total number of hours worked was also achieved while the averago number ot hours worked per employoo increased from 1c0 to 175 which was the average for 1932 as a whole the average of hours per employee in may 1932 was slight ly under 175 the report also shows that 157 out ot the 234 firms operated throughout may without a single losttime acci dent accident frequency for all firms reporting showed a decrease in com parison with the averago for 1932 best records for number ot hours worked with out a losttlmo accident wero achieved by tho canadian bank note company ottawa tho best record to date and tho goodyear tiro and rub ber company new toronto the best so far this year weekend toll 9 over tho holiday weedend death in violent form came to uine ontario residents they were william walkey aged 16 ot hamilton killed when a car upset on the caledonia highway bruce a huggett aged 11 sarnia drowned adam protz aged 12 ot niagara falls struck down by car edard bedarf aged 26 of 50 euclid avenue toronto drowned in humber river jacob lammerse aged 49 and robert lammerse his 13-year- old son of mlmtco drowned at erln- dalo dam albert chatwin 45 drowned at riverside lorne chaput 20 killed in motor accident at new liskeard john mccabe six ot arnprior drowned in tho madawaska river the markets ment to cut production ot wheat bj 15 per cent in four great producini countries combined to give the mar kets the greatest sensation last weol they have had for three years in winnipeg there was a net prlct rise of six cents a bushel lessened by profittaking and the clos range from 7iy to 7sv4 cents at tot peak these prices were at levels uu touched siuce november 1 1930 at chicago wheat was quoted al 99 i cents at fort worth texas slooii thete are domestic not ex port prices at toronto there was great actlv ity on tho toronto stock exchange where farmimplement shares and distillery stocks attracted bulk of in terest in london england it was report ed that australia seemed to be falling in lino with canada argentina and the united states to agree to cut production of wheat australia ii the ono holdout holders ot wheat in canada ara 50000000 to the good i the rise ol prices siuce march farmers ioid about 20 per cent ot this meanwhile north america is bat tling drought a crop shortago looms in the united states a severely cur tailed production is a possibility in western canada pasturage suffers in ontario and fruit3 and grains face deterioration the old days when the farmer drove the cows to the river for them to drink msv be back again skillful driver averts highway accident courtesy on the road reached new heights on dominion day at tho in tersection ot avenue road and eglin- ton avenue toronto out when a motorist saw a light truck strike an auto in such a way that the auto was about to topple over on its side the courteous third motorist hcad- jed his car in toward tho accident jammed on his brakes just in the nick of time and caught the falling car on his radiator from its posi tion leaning against tho third car tho rescued car was tpiped back on its tour wheels no ono was injur ed mary pickf ord to get 1144972 mother leaves bulk of eitate to famous film star praises hsr generosity toronto mixry pickford fairbanks torontoboru film star will inherit a 1144972 estate from her mother mrs charlotte smith professionally known as charlotte pickford who died at beverly hills march 21 1929 probate of her will wa3 granted by the surrogate court here ou jun 24th in leaving the bulk of her estati to her daughter mrs smith said in her will it is to be hers her heirs and as signs forever because whatever prop erty i am possessed at the time ol my death has come to mo through my association with my said beloved daughter in her business and through her most unusual generosity to mo mrs smith directed that three trust funds of 200000 each bo created for lottie pickford forrest daughter jack pickford who has siuco died and charlotte pickford granddaughter whom she adopted as a daughter and that they be paid tho income x ailcockbrowri flight observed in toronto toronto the flight of alcock and brown across the atlantic ocean on ed its verdict then ho smiled bowed juno 14 1919 was commemorated by his head and started to cry he stated pilots ot the toronto flying club ro- it was the first time ho had cried for cently in their annual dawntodusk 20 years and five minutes later was on his way back to the penitentiary the acquittal came after tho con- septic sorcthrpaj alarms st thomas st thomas july 2 board of health officials in st thomas are vict had made an impassioned plea to tho jury it doesnt matter much if you find me guilty ha said i am serving a term of life and seven years for a crime i didnt commit i dont caro what your verdict is ns far as i personally am concerned my lifo means nothing to mo for i cant live long enough to gctjout but i want to show you men there lias not beyn humane treatment the penitentiary flight starting at 445 am for more than 48 hour3 tho pilots remained in tho air the use of flares enabling them to better last years record of 38 hours on their memorable flight which was not duplicated for almost 10 years alcock and brown two british pilots lifted an old twoengined vlckersvlmy bomber from the ground at st johns nf they then droppod tho landing gear somo 16 hours and 12 minutes later they landed in a marsh at clifdeu ireland employment in britain increased in june credit river takes two lives mimico boy clings to parent when latter goes to aid port credit july 2 a fathers des perate attempt to savo his drowning sou brought death to both yesterday when jacob lammerse 49 and his son robert 13 lost their lives in the credit river near the erindale dam a treacherous eighttoot deep hole where two children wero drowned sev eral years ago was the scene ot tho double fatality unable to swim and clad in heavy rubber hip boots and a fishing coat tho father threshed through the water to a spot 30 feet from where he had been fishing towards 13yearold rob ert whose frightened cries wero heard by several hundred picnickers on cither hank what happened when the father reached tho boy is not clear in tho minds of the spectators but it is believed robert in his struggles pulled his father into tho hole tho boy too could not 3wim a stroke and both went under robert holding to his father with a frantic deathgrip toronto dealers are buying produce at the following prices eggs prices to farmers and coun try shippers ungraded cases return ed fresh extras 10c fresh firsts 18c seconds 10 vi to lie graded cases free 10c for fresh extras 10c for fresh firsts 13c for seconds butter no 1 ontario creamery solids 20v no 2 20c churning cream special 20c no 1 19c no 2 lgc fob shipping points cheese no 1 large colored par affined and government graded llvc twins 119ic triplets 12c poultry a grade alive 1933 spring broilers over 4 lbs 18c over 3 to 4 lbs lgc over 3 to 3 lb3 14c over 2 to 3 lbs 12c over 1 to 2v4 lbs lie fowl fatted over 5 lbs 10c over 4 to 5 lbs 9c over sv2 to 4 lbs 8c over 3 to3v4 u3 7c old roosters 5c turkeys mar ket prices squabs per pair 25c pigeons per pair 15c b grade poultry 2c lb less than a c grade 2c lb less than b grain quotations following are fridays quotations on grain transactions for car lots prices on basis cif bay ports man wheat no 1 hard 78ic no 1 north 70 no 2 north 75 4 c no 3 north 74c man oats no 2 cw 3gc no 1 feed 33c no 2 feed 32c mixed feed oats 22c manitoba barley no 3 cw 45c no 1 feed screenings 15 per ton south african corn 70c ontario grain approximate prices track shipping point wheat 70c to 75c oats 28c to 30c barley 38 to 40c corn 58 to coc rye 43 to 45c buckwheat 30 to 32c live stock quotations steers up to 1050 lbs good and choice 405 to 5 do ined 425 to 450 do com 375 to 425 steers over 1050 lbs good and choice 475 to 535 do med450 to 475 do com 4 to 425 heifers good nd choice 105 to 5 do mod 425 to 450 do com 375 to 425 fed calves good and choice 550 to 575 do mod 425 to 525 cows good 275 to 3 do med 225 to 250 do com 175 to 2 canners and cutters 75c to 150 bulls good 225 to 275 do com 175 to 2 stockcr and feeder steers good 305 to 375 do com 225to eng schoolboys milkers and springers 25 to 45 to rr imj calves good and choice veals 5 to lo see forbidden city 550 co com and med 3 to 450 manchester eng twelve pupils at giassers 2 to 250 hogj bacon t e manchester grammar school who fob 504 do trucks 505 do f here f hm ay trip to off cars 590 good ewe saa wether c lambs 8 do mod 725 to 750 morocco will be the first europeans do culls 5 good light sheep 2 to to inspect the hitherto forbidden city 250 do heavies cech 1 to 150 of tchzewcn permission has been safe highways aim of ontario government again the minister of highways for ontario the hon leopold ma- caulay through the motor vehicles branch is inaugurating an agglres- sive widespread publicity campaign in an effort to stem the tide or dis aster on the streets and highways of the province despite an educational campaign which the highways department have carried out over a period of years deaths and injuries caused by motor vehicle traffic are alarmingly unnecessarily high the highwiys dopartment this year is utilizing daily and weekly newspapers the trade press school teachers the radio every available neans to improve conditions this publication bespeaks the thoughtful cooperation of every motorist and every pedestrian in the interest safety of do culs 50c to 75c german glides for 16 hrs rossltteri germany erich lorcnz who was attempting to break tho somewhat alarmed at the prevalence american world record ot 21 hours for r lhr st th0mas g coi by a tain this increase is especially notlce- thcre y si icav stor abandon his flight at- able in tho heavy industries that have cases of septic throat reported for the tor lc hours he set a new german suffered most during the economic record depression london figures for the month ot juno will show a very substantial in crease in employment in great brl city of which one adult case died tires blow out cars tip and four persons hurt churchill july 2 two persons suf fered severe injuries when the blowing out ot a right rear tire caused a car to turn over north ot bradford last night the driver ot tho ear suffered head injuries and a passenger in the car sustained head and facial injuries diner waiter theres a chicken in this egg waiter shi not to loud the proprietor will hear you and charae you extra for fowl granted to them on account of the schools friendly relations during pre vious trips with the sultan and high officials in addition to exploring many little i known parts of morocco the boys will also act as ambassadors for the lan cashire cotton trade they arc taking with them samples of lancashire cloth in order to impress the people of morocco with its quality as a ra- sult of doing this on previous visit many of the moroccan hotels kavo purchased large quantities of such lancashire goods as tablecloths and bed sheets y theyre all cures then comments the forest stacdard a nerve specialist says that when he it confident that he has cured a patient he give3 him a shock in order to prov the success ot the treatment he just hands him the bill we prstinio