Show I NATIONAL NA AFFAIRS Re viewed Reviewed by CARTER FIELD t I Dealers disappointed in ill UI s debating abilities Dear Dem Democratic 1 1 politicians erred in ill it praising appraising ftp g Taft Talt as tI speaker I Hurried 1 real dilations in order Tlc r for lor I e. III leaders WASHINGTON New New Dealers ar lire tremendously disappointed in th the popular reaction to the debates be between be be- between tween Senator Robert A Taft am and Representative e T T. V V. Smith of oC 1111 nois as ns shown by recent polls I In Inthe Inthe the first place Smith is a prime fn fa Ca- with the New Deal It wa was common gossip that the New Deal Deol ers rs wanted Governor Henry Horner Home of Illinois to appoint Mr Smith t to the senate I vacancy by th the Math cI nth of J. J J Hamilton Lewis though the governor didn't oblige Whereas Senator Taft Is simply anathema to the New Deal Ho III i Is stoutly expressing views which seem to the administration n turn turning turning ing back bad to the Grand Old OM Part Party in the days das of Boise noise Pem Penrose nse and Reed Red Smoot But Rid there Is another angle ancle After Arler the Gridiron dinner follower followed Coli owed by tin the editors editors' convention here most ob nb observers servers in Washington had virtual virtually wiped Senator Taft oft the slate o of oC Republican possibilities for Cor the pies pres presidential nomination next year L i t 4 r RORERT ROBERT RO A. A A TAFT T I T This was manna from heaven rn for forthe forthe forthe the New Nw Dealers DenIers They do not want the Republican candidate to be hit hitting ting Ling from the shoulder next year They want a Republican nominee nomine who will be a pussyfooter pussy tooter on most of ot the reforms one ono who will Kill give gives a s great deal of credit for accomplishments to the Roosevelt admin administration and thus narrow the area of oC the campaign debate debille to a n very narrow Held field In appraising Tuft Taft ns liS a n weak speaker s leaker however ever they lire are now afraid they were counting their chickens prematurely Tail Taft Tn Is certainly certainly certainly not In class claEs as liS a speaker but apparently he puts his points over o on the radio Worse from the New Deal standpoint he hewins h hewins wins ins a 60 8 to 34 per cent division of ot listeners polled on his long series of debates with Representative Smith Relieved Ilelle Taft Too Reactionary r This has caused some hurried re re- recalculations re- re recalculations calculations on the tile part of or Republican lican leaders lenders too Many of them otter after I had been saying saing especially the Taft Tart fiasco fiasco lis as most of ot them re reo regarded re- re regarded it in his speeches before beCore the Gridiron diners and before the edi editors tors that tors-that that Taft was too much of a u reactionary that reactionary that he opposed too many of the things the tile New Deal had hud done that done that the people would never follow him To appreciate this it must be re remembered remembered re- re remembered that the Republican 1 leader of the senate is Charles L. L McNary of Oregon Now McNary is isone isone isone one of the shrewdest politicians in inthe inthe inthe the business but he certainly has never been numbered among the devastating critics of the tile New Deal In his own political career McNary has been so successful as us contrast contrast- contrasted ed with such a u hard hitter hitler as L. L J. J J Dickinson of ot Iowa for tor example that there is quite a cult among the tile Republicans in favor of pussyfoot pussyfoot- ing Hence the importance of this sur sur- surprising surprising surprising showing that Taft has Ims made as liS a result of his debates with wi III Smith New Ilea Deal Ueal Earns Tha Of OJ Canned Milk Mil Industry In almost every city and town of ot the country statistics show the amount of canned milk has in in- increased increased creased by leaps and bounds in the thelast thelast thelast last few years while the sales of fresh milk have declined More and more families are nrc finding that thet their household budgets are balanced more easily by b using canned milk mill instead of at paying present prices for fresh milk Without in the slightest degree in intending tending allY thing the New Deal in general and the milk agree agree- agreements agreements agreements ments in arli have earned the gratitude of of the formed d milk indus indus- industry industry try by so 60 a ing the spread in to cost between fr and canned cann d milk that they have overcome the preference for tor fresh flesh milk In hun hundreds of oC thousands of oC homes Rack in the fitly early days of the thi fumbling attempts of oC AAA to regu regulate late I t ic to milk Industry a R substantial start toward this lion lion although it was never an nn ob was festive was made At that time the Triple A frowned on chain stores cUlling cutting prices on n milk and find cream The Triple A didn't like anythIng about the system which made this cutting culling possible W Vt n a r plA eJi 1 r d sown n m the New England chain stores for foi culling cutting cream prices the sales went wen down In terms of at thousands of or gal gal- gallons Ions lons Which resulted of oC course In ir Inthe Inthe the operatives co having to make a great deal dent more butter Lutter which In Ir turn complicated the butter surplus problem Mind you the chain chair stores were commanded to charge e higher prices for this cream to make bigger profits on the amount handled than they wanted to Turnover rr Profits This Is not a n defense of the morals of the chain store operators No Nn Noone Noone one thought anything else rise than that the operators thought they would make more money by idling a lot lotof loto lotof of o cream nt lit a n smaller profit And they were right Presumably the AAA executives thought that If the chain stores stopped slopped cutting culling cream prices the concerns delivering fresh Cre h milk and cream would get more moro business Maybe the Triple A ex ex- executives executives x even thought tho eventually they could coue reduce cream prices to 10 everybody e nut Hut that was not what happened When the price was put up In the chain stores people Mopped buying so much In fact chain cham store stole sods sales of or cream approached the point while hile sales of oC cream by bv the Iho I Idel delivery del companies remained pro pre ere ns as they wore were II There was no attack on the do de delivery livery ry price of oC cream as IS being un urn I reasonable The profit was not ex ex- nut Hut the Ill chain stores were wel able to sell lIell more cheaply because they had nn no delivery expense lse nod no loss lass on bad debts Result Hel I Hirer people to whom a n few cents on nn n a bottle of 01 cream eam is important turned to canned milk mill not because they wanted to but be br because cause it was that or nr no cream at alt all Tax ax Changes Await A at atI End 1111 I l of o f Waiting Game Carrie Tax changes to Did aid business re reo recovery re- re recovery covery are lire long on lip service and short on action a with President Roosevelt the treasury and con Con- congress Congress gress all aU playing a n waiting wailing game Congress Is willing to net act but Is not willing to stick sUck its neck out The treasury Is eager to net act but Its first real mil move toward action an action an Inspired story given Riven to 10 the th Associated ed cd Press outlining four tour Important proposals proposals-Is proposals Is promptly brushed aside by the th President as referring to 0 mere estimates supplied on re re- request quest from Crom congressmen The President resident sticks sUcks to his announced plan ilan Congress Con can do anything It wants to do to encourage business In Inthe Inthe the hc way WilY of f tax revision but in the es es- estimated cash returns to the treas treas- ury iry from business must not nol be bo re re- reduced The President leaves It to eon conS congress gross gress ress to take t the tho initiative live but doesn't like any setup for tax revision rev I- I sion that t he has ls seen cen The treasury knows s Just what wh lt it wants arid and finds itself in rather sur sur- surprising surprising surprising agreement with the tile conservative e Democrats on Capitol Hill headed by Pat Pal Harrison chairman eh ln of oC the senate enato finance finane committee and Robert Robrt L. L Doughton Dough ton chairman of oC the house houseas ways as and means com mittel Most Important of the treasury's proposals are lire Elimination of present undistributed undistributed profits proms capitol capital 11 stock and ex excess excess cess profits taxes Substitution of ofa a nat Hat rate corporation Income levy of not more than 22 per cent with special treatment for Cor incomes under tinder higher-Bracket higher Tax lax Reduction Reduction in higher bracket personal per per- personal SOl al income taxes from a R maxi maximum maximum mum of 75 per cent cut to a 1 maximum of oC if CO GO per cent cen Actually treasury I experts have believed for Cor several administrations that 50 per Ir cent rent pro pro- Ides the maximum revenue Authorization for corporations to curr curry over tux tax credits for Cor losses lo ses for or three years instead of oC one OI Modification of the capital gains tux ax to encourage Investment Under Secretary John Julio JohnV V W lanes llanos leading agitator for tor tax revision re as liS asa II a 1 business aid now I Ihas Has items in his I little black book I rom from which he I quotes freely to leg leg- legislators and officials I nut But nothing the f treasury says sas or thinks hinks is J until the President I a t I approves If the tile r l house ouse ways Wl'S and l I means committee 11 should henry henry lr summon l lanes lIanes he lie would s say Sl y just what whal he thinks If It f it summoned Secretary Henry Jr Ir ht in would i stutter unhappily unless he had iad the Go sign Gem from the I Mouse louse Meanwhile l plenty of l on Capitol Hill are In tat tul log IlIg ig private a te satisfaction sa in that the President will vili not support action The result they think ili ilie be e the nomination nomma nomination of a const I 1 ye by y the Democratic convention cuU next year ear car By the tile same token taken Republican can an leaders on Capitol Hill are lire jog ing ig the responsibility squarely on the IB Democrats figuring figurine that if it no noa action tion a comes a G. G 0 O. 0 P. P P President dent ent next time is a cinch Ben Bell Syndicate Service I |