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Show INSIDE STUFF Politics sod Finance sosonltM. Mooters pieasaey eraeWaUJ WASaHMOTOtf Br Be art D. Bene (tubbing for Paul Mallon Ceeaptalaea wbtrh tbe trtaoory has reeelved ace oetirilte to safer that Mas baokaag erases bee eeee eeed as mm taapaaaaant to aejaeese Use stale beaks and to feres teeaa Mo the fed- Sewer Uaaa IM etal keeks sr now aeeaaaera of the ayateea. Tbea wbarh bave itmalnid ooaeide of that argaaa-aellaej argaaa-aellaej aaaiaeaaa at betas a beneflta fee Usees, -SMber yea fela the federal reserve." re-serve." was deelared la b tbe edhrt to otaea baaka. -or yea take a eke see by eesatlookaf oa foot oa a high apeed-way." apeed-way." , a a o Vnleta Senator McAdoo of Callfor-rila Callfor-rila deride to proat hit bill to guarantee guar-antee deposits of th federal rasarv banks, he will not be considered as opposing th administration. President Presi-dent Roosevelt I reported at being against guaranteeing bank depoaila. Whether federal or otherwise. Of course, guaranteeing th deposits depos-its of federal reaerv banks would be quite different from guaranteeing the deposits of all be tiki. Nevertheless, H as believed tha government might stand to loaa million even If It did only th former. , e o A moral guarantee i clear In government gov-ernment licensing of sound banks. Although not actually guaranteeing tha deposit of a sound bank, there Will necessarily be th feeling that th f imminent U behind them, o o o Th treasury l up to Its nork la work, but will soon begin th drafting of antihoerding regulation. No Idea at to their nature can be ascertained at this Um. It is a complicated subject and without exact precedent Th anti-hoarding anti-hoarding regulation will be confined to gold and gold certificate the -lawful money backlog of th new federal issarvt Dots. At soon aa the regulation ire drafted draft-ed they will be turned ever to th attorney general for enforcement. Even th Republican srt beeping out th path of the avalanche of public sentiment behind th president. They are playing a shrewd gam. Their keysot wai pounded by Republican Re-publican Leader laertreod SooU. who refused to 'throw monkey wrench Into th machinery. The Republics na backed up President Presi-dent Roosevelt Just sa they stood by President Wilson In th great war. I Clever and patriotic of th Republicans Republi-cans to build for th tutur on broad lines. o o o Tar mora clvr. k th word her than war those Democrat who opposed op-posed th president bill In th house Already thev have beeome known i th "Democratic scalawags. It is predicted their punlehment will be I harp In th loot of pU-ong. Th rollcall put each opponent on th tpot. It wlllb rcalld,tht th dispensing dispens-ing of the thousands upon thousands of government Job hat been held up pending th passing of tho emergency leg illation. o On cabinet officer was conspicuously conspicu-ously absent from th Whit Hous newspaper correspondents' dinner. It waa "Madam" Secretary of Lsbor Tranre Perkins. No invitation was sent to her bees us It waa a tug affair. Tha dinner was a great ruccet. Bars Ba-rs uee it vat the flrat public appearance appear-ance of President Roosevelt, tha supply sup-ply of eeali bocam exhsusled weak Thr were no tpeeche A vaudeville vaude-ville show was presented In eonnee-Aion eonnee-Aion with tome ikiU and moving pic-turo pic-turo by the correspondents them- "Th president. dplt bis trrau-ous trrau-ous dsy. remained until the conclusion of th party after midnight Regret wat expressed at th abasnc of Paul Malloa, president of th association. Ipallnsea as rasa Tvel INSIDE STUFF iCsallaai. Prasa Paaa Oaa.1 Mr. Mallon w. ta have praalded, but wa. prevented by lllneaa. a e o What a aaat Oeeerser BhVble of Mary lead T Msg aaaaa la repeatedly sasleasd la aoanaetlaa wltb the aliases. generaiaMa. BMebaa apbo-llevad apbo-llevad ta be tea wsM sntssfled wMk b la role af peisoeaaea) gasstaae of' Mary teed te be eaisfseaid In a eab-i lae erf lea, I Oovernee RNrble baa been as M lag aa aaarf eaeealrve ed the deeaaia aa faaaaaa for Ma terrapla alaea lata. Nia preeee lerea daaaat at para aatu. im. Wklle Oeveraoe liable', salary I1 a asmlaal aa. MIS. a year, M la a aaaaiae af raeaeg tba the pere,alarlaai at acTks bring W ep a aaaay Ueaea; thai, Aaeepalsig the aalaraey general-1 ablp at lltjl. Issa asaaamy aula wooM aaaaa a great ftnaaaaal Mart-! flea ta blsa. I a a a Purthermore. If Governor Ritchie had any cabinet aspirations, would he have assailed President Roosevelt's method of meeting the bank crisist Rllrhla Baser ted that "There I neither the right nor the necessity ta sacrifice sacri-fice ar put into teopardy lha non-reserve non-reserve stale banks." I Thai attack may hava been for home consumption, because Maryland ha. been having serious banking troubles. trou-bles. If not. It wa af added significance signifi-cance because It wa. tha tint crlti-ctem crlti-ctem of any af the president s policies from any Democrat ef consequence, "Did you enjoy your holiday T a famous banker was .iked. I -Holiday!- ha replied. "I haven't been lo bed before dawn any time tine the holiday began." NEW YORK By Jeeaee M.Mallla Is erased New Verb credit the I provides with flv atajer aiissapliab- Iaaenaa alraadyl Carraney baa been resstakllebed ea a aaaad baee. Caasaa flags wtlb regard la beaks baa been assllsksg, avon-laagw atrtdee have been I taken toward a Bali led ealliael bank-sag bank-sag syssssa. I The gevaraaseal bead aaarket has been graatiy etrenglltsaed. Oatd ba. aeea tared baah la wbere II will da tha meet good. Aad tha neat part af M la thai every one ef tbeee aableveaaewl. haa baea krea i M a beat by eklllfal eperatlaa rather laaa by direct kgislallen. e a a Report, feaking out about blg-Ume change, in the federal reserve board are baaed en more than windy goa-dp. goa-dp. When the amoke clear tha New York and Boston Reserve banks will be a lot leaa Important In the general schema. Thair virtual dictatorship Is on the ik Ids, Another phase af the new dsal will emphasize the federal reaerve system al the eapenee of local clearing houses. Jn particular, the New York clearing houaa wilbnot be SO Jauntily independent a. la toe past. There Is a eery good re aeea why ah federal tsssrva rail a tec soowsnlng loaka at strlet. A ay Issast whisk federal fed-eral rsterv betake might aaatala free hasaallsaa laaae weald as see eat of the bids, ef ate Ba bee banka an aa aaaseemint boast. So the tofleeaee of sea ad beak. wUI bo dead aaaioat any Italtnty te their dablea. brethren. There waa aa favoettsssa la the bffl ef heal Ik given la New lack eseartag be as a aaeaaear. The elearlng boose haa aaameaiaed mere draetla ataad-ard. ataad-ard. ef baaklag practise lit has Bathing Bath-ing ee do with aeearrty aftUUUa) ahaa any gaveraassal baab aaaaauera, Ri-.airy Ri-.airy aaaaag the aaesabara haa aaaa ta that. It at aa laaportaa reasaa iwby a few Taek al ear tag beaae bank baa aver failed. The eaa esaarhag boaae baah which did na reepea Maaday la la line te he merged with a larger Matstauen. Pep as Mara will fare rather wall by thia arrange tatat, aeeerdlag la aaeel-lent aaeel-lent eearteai a a a - BootUggera have been handy people peo-ple to know. . . . They have plenty of caah and there are many instance, of cashing check, or even making loan. . , . Et pensive lunch club have been getting a lot of their loat buttneea back from aandwirh ahopa. . . . Signing a check for II. M has hurt lea. than laying lay-ing a quarter on tha line. |