| Show I rI r- r THE DAI DAILY Y NEW YORK YORKI F- F I Fin Financial a 5 L Whirligig Y 1 i gig I Written v for Th The Tho Telegram r J By JAMES McMULLIN EDITORS EDITOR'S NOTE Mr is on a short vacation During his absence his al allotted allotted allotted al- al space will contain timely and pertinent pert perti nent editorial opinion from leading New York publications His daily dally feature will be re resumed resumed resumed re- re early in September LA FOLLETTE'S PROGRAM Publication of Senator Robert M. M La Follette's Follette's Fol- Fol lettes lette's personal platform as a candidate for re reelection reelection reelection re- re election on the ticket of his recently formed Progressive party reveals him as taking a liberal lib lib- lib lib- eral or eral-or or radical stand radical stand far in advance of the Roosevelt new deal policies This with the belated entrance of young Philip F. F La Follette into the primaries as the party's candidate for governor indicates that the senator anc anchis and his brother have abandoned the hope of any ny agreement with the thc Democratic party of Wisconsin Wisconsin Wis Wis- whereby it would indorse the senator senator senator sena sena- tor in return for a Progressive nomination o of Governor Democratic bent Both platform and the younger brothers brother's dc decision decision de- de to to- torun run were withheld it will be noted until after the presidents president's Wisconsin address In that he spoke cordially of the the- senator a aa as asa asa a friend but grouped him with hi his Democratic colleague F. F Ryan Duffy and in the nex next breath gave a certificate of approval to Governor Governor Governor Gov Gov- Consequently while i iwas it was evident that the president preferred L La LaFollette Follette to a Democratic senator it also seemed clear that he had no intention of giving an anaid any aid and comfort to the La Follette Progressive sive party In view of the coming congressional congressional elections the president will doubtless consider it inexpedient to say much about new ne alignments and md the La are left only to hope that their Progressives may may may-in in some som someway someway way fit into that new party division between betwee conservative and liberal of which the president president president dent is supposed to dream Parental Government Declaring his belief therefore that a genuine genuine genuine gen political realignment is necessary for th the preservation of American democracy and il its free institutions Senator La Follette an announces announces announces an- an that the new Progressive party o of Wisconsin has shown the way vay by making a cut clear division of the issues The division division divi divi- sion is extreme The senator agrees with th the president in iii advocating fair profits for farmers farm farm- ers reduced reduce i hours for labor and the enforcement enforcement enforcement enforce enforce- ment of the right to collective bargain bargaining ng old age and unemployment insurance and imposition tion of taxation in accordance with ability t to pay He disagrees with him in urging the immediate immediate immediate im im- im- im mediate payment of adjusted compensation t to veterans and he leaps far beyond him in demanding de dc- dc manding parental government that would guarantee guarantee guarantee guar guar- antee a job to every person unable to obtain private employment that would take over th the railroads and nationalize all armament am ammunition and plants In order to prevent private privat control of credit he would even establish a governmentally owned central bank And with wit the declaration that industrial plants should not be used solely for profit but primarily to provide useful employment to clothe cloth the naked feed the hungry hungry- and house th the homeless he rises to a super and socialistic new nv His platform is an appeal t to distress to discontent and to sloth New New York York Herald I NEGATIVE NEGATIVE EV EVIDENCE ENCE A delegation of college professors and students students stu stu- dents back from an official tour of Germany German reports through its chairman that it saw or ex experienced experienced ex- ex nothing unpleasant This adds on one more contribution n to the vast store of negative negative nega nega- tive evidence that enriches human history I It is perfectly true that one may travel through Germany without encountering discontented Germans or through soviet Russia without seeing see see- ing unhappy and starving peasants or through England without running across idle miners miner and shipwrights Not seeing and not finding linding things is one o of the simplest of experiences It is quite possible possible pos pos- sible to be pt at work unawares at ones one's desk in Times Square while police and are ar clashing in Union Square But this is all th the themore themore more reason why people who report not seeing unpleasant things should be careful not to convey convey con con- vey the impression that there are arc no unpleasant ant things Tourists returning with buoyant news from Germany or Russia have repeatedly been embarrassed by events or official news new from those places Topics Topics of the Times C V WHIRLIGIG The stock exchange is in a pretty quandary There has been some talk among enders bitter about fighting federal regulation in inthe he courts on the ground that the exchanges exchange's business 3 is intrastate and therefore not subject to federal federa jurisdiction But now comes New York Cit City with a tax on brokers' brokers commissions and i in order to duck any part of it its it's necessary t to prove pro that many transactions arc are interstate So the exchange e just has to decide which kind of business its it's in Most brokers prefer federal regulation to a blanket city tax on aJ aU all the their intake |
