N SID E iI LL STUFF 1 Politics Politics z r. r and t Finance McClure Newspaper Syndicate C WASHINGTON S By PAUL AUL MALLON l I One who has peeped at the secret secretS S B- F F. C C. list of loans whispers there in of is ii no flO scandal apparent any them There are a number which will reI re- re I quire auire a long time for collection Some Sonic SomeI I have political implications The s security se- se e is generally satisfactory but II not exactly good That is s what the theR R F. F C. C is for f While the Dw Dawes lon loan was f f. roo the lowdown is that a small fra frac frac- of ot th that t amount was actually de livered Only was advanced advanced advanced ad- ad at first The rest was held heldI I by the R. R F C. C to be used if it needed The bank weathered its difficulties in such good shape that it called for very little more up to last week The main idea of ot the big loan was to let Chicago depositors know they could get their money When the depositors found that out as usual they did not want their money The senatorial investigation Is slated to be a quiet affair f The public will not be advised from that source as to amounts amount or details of loans unless something wrong Is turned up The integrity of Chairman Chairman Chair Chair- man man Couzens of the investigators is such uch that there is no suspicion anywhere anywhere any any- where that the inquiry will be a whitewash The main inside purpose is to see sec that loans are kept on the up and up during the campaign rather than to meddle with those already made Q 0 Mrs Irs Eugene ene Meyer lobbied in the senate for the law permitting her husband to retire from the he R. R F. F C C. C S Senators n tors were called out by her and asked to follow President Hoovers Hoover's re recommendations e She claimed the prk wa killing Meyer le l cr saying I 1 would rather have a a. live U h husband nd thin than a dead hero bero She did her work so effectively no noone one opposed the change in the law o oThe The Democrats pad had a good reason for turning swiftly against Mr Hoovers Hoover's Hoovers Hoover's Hoo Hoo- vers ver's rs r's plan to tb appoint four Democrats on the R R. F F. C C. It is not often they overlook a chance to get good Democrats Democrats Democrats Demo Demo- appointed to official positions posit They did it this time because they wanted to have nothing further to do with responsibility for the R. R F. F C C. The They are arc planning to fight the administration administration ad ad- ministration on the R R. F. F C. C issue during dur duro ing lug the campaign Their plaint willbe will willbe willbe be that Mr Hoover rescued no one but banks and railroads Republicans will claim they saved the country from much worse things by that corporation IThe The debate ought to furnish the best best fight of the campaign S Political needs of ot the administration tion fitted in m snugly w with th its official acts recently Uy The St. St Lawrence waterway treaty was u held under surface until It was i. i Continued on Pare Two INSIDE STUFF Politics Finance Continued from PAlO Page On One 0 loo too late for congress to do anythIng about it The election will be over before congress considers it The federal commission recommendation for legislation to control contro power holding companies was cantly announced so that it can help the campaign but not bother congress con con- gress A t. t Washington suffered Its first bank ban closings of the depression last week Four came in three days all bein being small banks Complete confidence was maintained main maln- concerning the larger banks Their deposits increased Most of those suffering from th the closings were government workers worker whose salary reductions were then the then going Into effect o Charges filed with senate investigators tors against the R. R F. F F C. C come mostly from those who were refused loans Few of the charges involve loans which were actually made Someone has dug up the fact that tha the thc forgotten man phrase was wed used by Professor W. W G G. G Summers in essays es es- essays says published in 1884 1684 Senator Norris made a two-day two speech attackIng attack Ing power companies in the closing days das of congress It will be o of good use to the Democrats during th the campaign Norris can frank J it far Car and wide wide A lot of other good campaign material was Inserted in the record d at the he a last for the same sam purpose S So helped kill the Norbeck farm bill nobody will twill ever know whose bullet struck the vital spot It never had a chance of becoming law anyway because be cause of constitutional objections