"the past vent, remarked that, journalist, winding un Mr. Snowden introduced Budget proposals in which economics were proposed. all: round with. the had resuit "that am estimated deficit Jappened amounted to the beginning nov kw whether al thet the end ortho end of the common cement and at the present close range {t's a litle ditieate to decide which Is the correct interpretation. "It Dossible at this time that the forest not visible because of the trees, Y000 for the Year was transformed into van aantiipated surplus of £1,500,000.
Ten days Tater, owing to the fact that since the middle of July funds amounting 4 £200,000,000 had been withdraws from the London market and had Inoped had made sufficient pro ties to the government, and never relations between himself and Con-the President's moratorium pro-twas a political defeat of communism posal, was Efs'eturn from tour of the Middle few days after West which had reveated to him the The Year Abroad Abroad matters Jocked tittle|Position seriovmess of the economic and had dispelled the better at the end of the year than they did at the beginning. " Probably the factor which gave the greatest Jeause for international anxiety was the situation arising in Germany. The year proved the most momen-{tous experienced by that country jsinco the war and carried with it repercussions all over the world. Politically the position in Germany remained about the same. The optimism of hi Indianapolis speech written a few days before he undertook his tour. In July it was discovered that the country was likely to have more than 600,000,000 [bushels of wheat on hand over and above domestic requirements, and a similar probable excess of 11,000,000 [bales of cotton was estimated. addition there was surfeit of oil [production which led to' drastic PREHISTORIC REMAINS ON,
Text read from the printed page and cleaned; old type leaves the occasional error.