The most serious incident came in the early morning hours of June 23, when a gang of thirty Somozaists crossed the Honduran border and killed seven people in the township of Panamá, thirty kilometers from the northern Nicaraguan city of Somoto.

In a June 23 speech paying homage to the seven dead in the Panamá attack, Commander Humberto Ortega, minister of defense, announced that new laws against counterrevolutionary maneuvers were under consideration.

Ortega said that the decapitalization of enterprises should also be viewed as counterrevolutionary action. He declared that the government would have to find the arms necessary for the people to defend the revolution.  
 
July 16, 1956
More than 100,000 Japanese jammed a downtown Tokyo park on July 4 in a five-hour demonstration against violation of Japan’s independence by U.S. imperialism. While the crowd listened to speeches denouncing U.S. retention of military bases on Okinawa, a U.S. heavy cruiser in the harbor boomed a 21-gun “salute to independence day.”

The demonstration was part of a mounting wave of popular protests which began about three weeks ago with the leaking in Washington of the Price report. Supposedly designed to “rectify some injustices attending United States Army rental of land in Okinawa used for military bases,” the report actually supports measures making the military occupation of Japanese territory officially permanent. The anti-U.S. feeling is so strong in Japan now that even the conservative capitalist politicians are forced to make speeches denouncing U.S. occupation of Okinawa.  
 
July 18, 1931
The latest reports arriving from Germany indicate that the adoption of the Hoover plan has not achieved the task it proclaimed for itself. The internal situation, instead of being relieved has been greatly aggravated. The delay brought about by the negotiations between the Americans and the French has called forth an unprecedented flight of capital from Germany, nearly $500,000,000 leaving the country within the period of the last ten weeks. The collapse of the Danat Bank, the financial institution most intimately bound up with the rise of German imperialism and the subsequent bank holiday have brought in their wake something resembling a little earthquake in central European finances. The mark is not being quoted at all on several exchanges. In Belgium, Hungary and other European countries, especially in Central Europe where national banks are also crashing, German currency is not accepted for payment.  
 
 
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