Reports on several socio-political and economic developments in the United States. Report that an estimated drop of more than $200,000,000 in the income tax receipts for the first quarter of the year 1931, coupled with the prospect of a Treasury deficit amounting to more than $700,000,000, remind Americans of the surpassing wisdom of the greatest Secretary of the Treasury; View that the United States had no large surplus to cushion the drop into depression, and taxes will have to be increased at the very time when the resistance to increase will be the most heartfelt; Report that the estimate of the Census Bureau that in January 1931 there were 6,050,000 unemployed, and 300,000 laid off, will be no surprise to those who have followed the more reliable statistics carefully enough to take no stock in the statements of the official optimists; Report that the papers have been full of statements by the optimists as a result of tiny seasonal gain in employment and production in February; Report that while New York Governor Franklin D. Roosevelt has hesitated, presumably recognizing the presence of corruption, but reluctant to jeopardize his own presidential ambitions by breaking with Tammany, underground politics have worked successfully in the state assembly; Views of the Federal Council of Churches of Christ on birth control; Report that the Federal Farm Board, now approaching the end of the funds allotted to it for stabilization, has been forced to announce that it will not buy any of the new crop; Information on a new project for a chain of movie houses in all parts of the country.