Rome, Oct. 14.
For the first time in the history of Columbus Day observance, it was the occasion on Sunday for local attacks on the discoverer of America.
Hailing Columbus as one of the greatest exploring navigators of all times, a number of newspapers and periodicals ironically suggested that if would have been better for the Adis and for Europe if Christopher Columbus had focused his talents in another direction than America, The newspapers even made wisecracks
lo for President 'Roosevelt' atid his Columbus should be held zegponc American interventionists.—United de Press.
The United States Supreme Court yesterday denied a petition of the Chinese Consolidated Benevolent Ab-sociation for a review of a Security and Exchange "Commission order for purchase of Chinese Government prohibiting it from handling funds bonds Without first registering them with the SEC.
The commission said that the suit was test case to determine whether national relief soti¢ties can promote gale of unregistered securities Of their nations.
Settlement of the Chinese case was expected to Govern an injunction barting sale' of) Japanese ' bonds lin Hawaii. The Second Circuit Court of Appeals ruled in favour of the S.EC.
Wine Chinese Association, with 25,000 members in the New York area, received US$600,000 for chase of the Chinese bonds, it turned over to the Bank of China, New York branch, which in turn arranged for purchase of the bonds in Hongkong.
The association claimed exemption from registration on the grounds it was not a China selling agent and that it was not included under the S.E.C. regulations. The S.E.C. con+ tended the association actually was an agent—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.