Salt Lake Telegram | 1933-06-24 | Page 10 | Rescue Forces at Capital Withhold Recovery ory

Rescue Forces at I Capital Withhold j Recover Recovery Theory Program Sti Still Claimed Expert ment Regardless of Statistics for Year YearBy r I By RODNEY DUTCHER BUTCHER i WASHINGTON June 24 That's the tho expression unanimous ly used by the people charged rescuing us from the depression wh wi anyone becomes exuberant os on th th theory ory that permanent recovery t 41 ready has begun r a Its It's Is I's one of the most mot phenomena of the New Dear Deal ad ministration Roosevelt at Deal his hi pr pre conferences conference cautiously admits admit a encouragement encouragement but expresses hImel in hopes Secretary of Labor Lobor Frai Fa ces ce Perkins announces a large jump jup in employment and i employment ad pay pa rolls roll but warns war it isn't int enough t 1 keep production increasing Indu IndU trial Recovery Recover Administrator Hug Huz Johnson Johon privately warns war that tat the ther may be a serious crash serous unless ue a mor solid sold foundation Is i built buit for ity Uy Other officials privately or v ly echo the thought STILL EXPERIMENTAL The Te big sections of the recover pr gram are still sti spoken of as u ej te Nobody professes to a a sume sue that they're sure ure to Everyone deprecates the important of the recent reent rice in industrial pre ducton commodity and prices insisting that theres there's no cv f dence for any solid sold base bae for or sue improvement beyond the general generl b bt le lief that a great attempt is i to b made to build that base bae The attitude Is directly Te i that of the previous administration administration- ballyhoo that could be restored b b Of course Roosevelt l and his hi have profited by and are not to make the same sae mistake EMERGENCY HOLDS They fear that recent ments ment which ma mat may be largely the r it suit sut of inflation fear will wi dun dim di th tb country's realization of and they wont won't be gleeful even amon themselves until they know that ther has ha been a large largo increase in iii pu pw chasing power Its It's Is I's a good thing to know kow tha th the general business busine index is i up upper upper i iper per cent above this thi time last that car loadings loading are ar 1 14 leal pe cent higher that power pre ducton it i 58 per cent cent up up that that lam farr prices have risen rien along with along with bile bUe and steel ingot production But members member of ot the Whoa te Woal school of thought hasten haten to point poin ou that department store sore sales sale rose o one point in I May and that If it i yoi Oi count in the fact fac that tat there thee was wa 01 on more bui business s day in i the 1933 Ma those thoe sales ses are arc still 6 per percent cent off Iron May 1932 1932 STORE FIGURES Those Tose department store figures Ige ar al considered disappointing Senator Neely of ot West Wet Virginia un tin to t blow up the civil when he found Postmaster Genera Jim Farley was wa giving giving- Jobs to t Wes We Virginia Democrats Democrat who who- were no friends of his h. h He heard head that forme fore National Chairman Clem Shaver Shaver- wa being beig placed in i the tho te R. R F. F C. C C and tha another job was wn going goig to Ito Fancy Farley friend frend and campaign comrade comrade com corn rade E. E E Percy Byrd who who who-u Is also un tin unfriendly friendly to N Neely ly So he put in I a bill bi m making g 3 all gov ga eminent jobs job worth more jha than 5 a year subject to presidential appointment appoint appoint- ment meat and senate senat confirmation Othe senators realized this thi would many important civil cIvi service ani an aI emergency bureau jobs to t the them r i they passed it after making the te mr Roosevelt spiked it IL Roosevel spike it Copyright 1933 NEA rEA Service S Inc I J 1