| Show SID E I IN I STUFF Politics and Finance McClure Newspaper Syndicate W WASHINGTON AS INGTON By Paul Mallon Nation Confidential word has reached the high and mighty that Senator Borah will con continue nue to sit out on this campaign campaign cam cam- to the end The view he takes is this He will not support Hoover and he cannot support Roosevelt This modern Demosthenes was preparing preparing preparing pre pre- paring to spit out his pebbles and and speak for Roosevelt had the DemocratiC Democratic Democratic Demo Demo- cratic nominee given chen him a satisfactory satisfactory tory farm program The Roosevelt Topeka speech was Yas not strong enough to move him I S lh The political situation now now now-a a month before election election is is no secret to anyone in Washington It is exactly the same me as it was a month ago only more people know about it now Mr 1 Hoovers Hoover's chances for reelection lion tion rest on the possibility that he may be able to push puh economic recovery ery cry to the point where a a. majority of voters will side with ith him There are some who think it can be done Others do not Every poll of importance indicates the Democratic candidate had the upper hand as the campaign entered its final six weeks Republican Publicity Man Allens Allen's poll of Who's Who is a minor tion lion The votes yet to tobe be m made de public public pub pub- lic lie in the Literary Digest poll will Willi push Roosevelt's ells lead be beyond ond its existing ex cx- point The Republican high command Is fully tully aware of that situation Nobody is supposed to believe the Pollyanna statements which some of of th the underlings under under- lings hogs issue upon leaving the White House 1 I There is more than shyness behind President Hoovers Hoover's reluctance for campaign stumping Some of his best friends will tell you privately that he is not the kind of ot a a. man who makes make his best impression impression sion before a crowd He cannot cannot- slap backs hacks and say Hello Jim to boys inthe in inthe inthe the front row He must must get get over with his listeners b by what he says jays a s and not nol by the way he says it Mr Coolidge was that way That is hy hy by large bodies o of citizens were brought to the White House to see him hint in 1924 1024 He met very few crowds lace face to face Lace in that campaign e The R. R F F. F C. C has been pouring out loans since Mr Hoover gave it a confidential con con- curtain lecture Most loans have been for relief purposes in the states That is only the beginning The states will need plenty of that kind of help from rom I I now DOW on I The corporation is having a hectic time trying to get out its self dating funds for tion pur pur- I poses The San Francisco bridge crowd was brought on here at Mr Hoovers Hoover's personal instigation in order to help cut through the red tap tape Lee Cutler an old Hoover friend headed the delegation I At lease one big railroad refinancing refinancing ing loan is in the making S 0 The Yes he has and No uNo he stage of the campaign has been reached Governor Govern r Roosevelt said he was a farmer famer A western Republican orator said all aU the Democratic candidate had hadon hadon on 1 his s farm were tennis courts and swimming pools but no pigs A formal formal for for- mal s statement was issued by the Democratic Democratic Dem Dem- headquarters saying Roosevelt Roosevelt Roose Roose- velt has always kept pigs When the campaign begins to get down to to pig that is a sure sign that sanity is van vanishing ish in and election day cannot be far of off D Democrats may fall heir to congress con con- grass cress immediately after the election t t. They have the house and a mat ma- ma t t Continued on Page Fue Three INSIDE STUFF p Politics 0 F. F Finance f Continued from Pare Page One One of one In the te senate now The term short-term elections may give them a clear senate majority of two That would mean complete reorganization of the upper house Borah would lose the chairmanship chairman ship of the foreign relations committee commit commit- tee to Swanson Smoots Smoot's finance committee com corn would pass into the hands hads of Pat Harrison NEW YORK By James Jame McMullin Certain Republicans high ligh in the party councils recently paid a visit to important members of the financial community with wih an urge for renewal of bull bul market activity They argued arged the urgent necessity for Republican success and the part that a rising market could play The plea fell fel on deal deaf dea cars 9 SO The same powers which ore are no Longer faintly concerned about the stock market are still sti interested in bonds as a measure of self They gave the bond market some healthy support when stock prices pries sagged recently o The Te dope is that the proposed R It R F F. C. C loan to China to enable the purchase purchase pur pur- chase of 15 million bushels of wheat I is certain to be pushed through as a amater matter mater of pol political necessity Fifteen million bushels wont won't make much practical impression on the enormous over carry but the psychological ef ef- ef feet fec may be an important factor actor in wheat prices It may also be bean an ace in inthe inthe the sleeve for the next deal deal Earnest Ernest efforts will wi continue to b be made to boost th the wheat market and bring the farmers back to the Republican Re Republican Re-I Re publican fold told Any speculative cooperation coop coop- coop oration that may develop will wi b be measured solely by chances for profit profil The stock market is still sti waving ared ared a ared red flag fag in the bullish buish china shop Foreign Forein buying has been resumed ona ona on ona a rather surprising scale Houses with wih foreign connections are at a loss to account for it i except on the ancient theory that they all al look good when they're far away e 4 4 4 Attorney General Bennett Bennet has u unearthed un a new form of It consists in selling sellig securities on the instalment plan with wih the Idea of vamoosing before delivery delvery is called for Sucker lists lits are arc becoming profitable prof once more A new sign in a large brokerage house requests customers to refrain from blocking the passageway into I the quotation room room A few months i ago brokers were glad to have any anybody anybody I body watch their boards to keep them from getting lonesome Now they are playing to packed houses houes The next development in i the Insull Insull In In- sull investigation is i apt to dwell on the amicable not amicable not to say sy cordal cordial cordial- relations which existed among Insull interests and the Illinois public service service sere ser ser ser- vice commission Its It's Is I's ancient history but it will wi be excellent fodder for tor political political po po- po maws An investigator who has been working on Insull matters states that all al the Insull Insul trouble could have been averted if i security prices had re remained remained re- re re at the levels level of last Januar January The best est New York judgment of Insull Insull In In- sull sul holds him to have been a super optimist but not a deliberate de do Insull Ex-Insull operating companies companie still have a very high rating among utility men here Commonwealth Edison Edion is i said to be among the best managed in the country The stock of this company com corn pany pay and of Peoples Gas Light and Coke are selling at about eight times earnings the earnings the lowest ratio in the in in- Hearst has done his bit for party harmony The New York Journal recently carried an editorial dramatic in its praise praie of Tammany Leader Curry Mrs Mrs Hearst is i going to offer of of- fer for in prizes for the Democratic Democratic Democratic Demo Demo- cratic medallion campaign The prizes s will wi probably go to the workers work work- ers who bring in the most members not money A map which conceded conceded con con- ceded the north Atlantic seaboard to Hoover on the basis bais of the Hearst poll has been removed from Democratic Democratic Demo Demo- Demo cratic headquarters The present attitude attitude at at- is Why concede anything |
