Provides an insight into the deteriorating picture of world politics with emphasis on the political issues of the U.S. economy. Investigation of the European economy as Premier of France Pierre Laval and the British Foreign Secretary Samuel Hoare submitted peace plan to fascist dictator of Italy Benito Mussolini; Thrust on the Japanese expansion in China as U.S. Secretary of State Cordell Hull and British Foreign Secretary Samuel Hoare drew world's attention to the Nine Power Pact guaranteeing China's territorial integrity and expressed concern over recent threats to that integrity; Approval of the Amateur Athletic Union of the United States amid the war politics for the U.S. participation in the Olympic games that are to be held in Germany; Account of the political skullduggery by Laval and Chamber of Deputies in France in order to disarm Fascist leagues; Attempt by the U.S. administration to find a substitute for the U.S. National Recovery Administration by calling a conference of labor and industrial groups under the chairmanship of Marion Berry; Completion of the first scheduled flight over the new trans-Pacific route of Pan American Airways--16,000 airline miles in going from San Francisco, California to Manila, the Philippines and return--was in many ways aviation's most impressive performance since its inception; Declaration of the death of Charles Kingsford Smith, one of the greatest of all long distance flyers; Decision handed down by Judge Hugh M. Dorsey of the Superior Court in Fulton County, Georgia that Georgia's anti-insurrection law, passed in 1866 to prevent disturbances among newly freed slaves violates both the state and United States Constitutions; Feature by the People's Press, the new left-wing weekly in Chicago, Illinois about conditions at Gauley's Bridge, West Virginia, where 476 persons are known to be dead and probably 1,500 more will die, as the result of silicosis.