London:
At the London Naval Conference, the U.S. delegation comes up with a scheme that will allow all five participants to sign something, thus preventing a complete conference failure, although most of what France and Italy will sign is of less consequence. The idea is to break the treaty into three parts. The first calls for a temporary suspension of battleship building. The second will deal with the “humanization” of submarine warfare. France and Italy will reportedly sign those two. The third part will be trilateral between the U.S., Great Britain and Japan, governing broader naval quotas.Berlin:
The new cabinet
of Heinrich Bruening is already finding the going rough. One economic measure after another is
defeated in committee: yesterday it was the cabinet’s proposal to raise the
beer tax 75%; today it is plans for funding unemployment insurance. President Paul von Hindenburg has called
another meeting of all political party leaders to try to find a solution. If he doesn’t, rumors are he will
consider again his earlier threat to dissolve the Reichstag and have Bruening
run the country by the constitution’s emergency provisions.
Elsewhere:
Washington: More bad
economic news: farm wages are the lowest since the government started
collecting figures in 1923.
Belgrade: 13 people are
sentenced to prison on charges of belonging to a communist organization.
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