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I STUFF i Politics and J Finance Fi i by l Paul Malion MaDon r f W WASHINGTON AS INGTON By Dy Paul PuI Mallon 1 The farm credit bosses are nrc s so wro wrought hl up about the failure of the their organization to to function that they ar ai are r i 3 planning a nice little littie house cleaning 2 f Heads of at least two federal lani lan Ian land f i banks banka are already marked for th tF the 1 weepers sweepers Their identity cannot b I be announced yet e but it would not b I be surprising i if the broom started to wor work In Ift the vicinity of New Orleans and SI S St St. I Louis 1 i. i Also Mso the appraisal personnel In Other thc v i sections is h to be dusted oil off and reno reno- j va ted S S SS The truth teems seems to be that Henr He S has discovered dIsco some o ohis of his coworkers are not personally ii in sympathy with the farm credit ad act Their appraisal work has been the subJect sub sul S jed of severe inside criticism Iron from farmers senators and representatives There is h evidence that in some in 1 stances unduly low appraisals have hav been made I It is 15 a very delicate Job ob to farms for credit th these days There LS fc L S no flO Teal real market for the land If It ar ax appraiser wants wants' to be tough there fc is nothing to stop him except his con science The man who is leading the inner t uproar is supposed to be Senator Pat Pal Harrison of Mississippi He is known to have seen about the thc thet I t matter but neither will talk The sent sen sen- t f. f ator knows there are arc better ways was to tc f f get results in Washington than by going go go- ing around shouting SILVER v i Inside negotiations have been going i on between the United States Great I Britain and France on the silver ques ques- I tion Our diplomats have put out feelers on the idea of the three governments going into the silver market in a buying buy ing campaign Financial sources have been tipped on it That is the leading H reason why silver prices have shown t a rising tendency lately The idea behind the move is to help restore purchasing power in silver countries Also to help our domestic producers Some officials very high on the in in- 1 ilde Ide believe there is a chance chanc that something ma may be worked out A majority howver is skeptical N Nothing Noth Noth- U lag ing can be tone conc unless th the three large purchasing nations agree Bight Right now lt it would be a problem to get them t to agree agre on on the thc weather There is 13 s some me criticism criticism cism of General Johnson among th thi the i administration big thinkers They sire are saying that perhaps he made a mistake in the choice of men who aided him in the N R A drive They attribute the growling crowling industrialists in in- to the fact that the Johnson regime Is with labor U zer The second guessers are convinced Johnson could have accomplished his purpose more more deftly if the labor group had been less prominent I S The Thereal real motive for this new feeling I near nar the top may be the fact that the big shots arc are getting getling cold on the tho N R A A. A movement I. I Is already under way to shift the limelight to Jesse Jones CR R F C His credit and closed banks drive dri may have the center of the stage from now on Johnson is being shoved back in the crowd That is only nat nat- ural His work is nearly done Every person jerson on the street these days das whispers Well what do you think of the N R A 1 or Why doesn't i someone tell the truth about it Il The truth has been told People are areL L forg forgetting abo about t It in their impatience i Some part of the blame must be shared r by overly enthusiastic leaders of ot the theN ther r N R A who made wild prophecies as asto asto asto to what it would do 1 k The basic fact Is h that the thc N R A Awas was 1 a very necessary thing in i its original i conception The codes sought for the 1 larger basic buic industries were essential These Thee industries were far fir enough advanced advanced advanced ad ad- to take codes The disparity i between their production volume and andt t their working conditions wages and hours of ot labor was appalling Difficulties came when they tried to apply the same principle in blanket form to every little crossroads drug and grocery store The little fellows were living from hand to mouth on tho tha verge erge of bankruptcy The dissatisfaction aroused by this Continued on n Puts Pan Ten 1 I INSIDE E STUFF S Continued from Pue One program obscured the Ute real good pUshed by the basic program S 0 The bigwigs here know that as well as the man in in the street The credit drive is virtually an off off om cial admission of It They are trying to save the little fellow by feeding him credit to meet his increased costs History will probably give the N R A Aa Aa Aa a better deal than Its Critics do now nov NOTES In connection with the prosecution of that gold hoarder In In New York you may remember that an attorney once told Harry Sinclair they couldn't put him in jail for foi what he did He found out the attorney was wrong but it was war too late Most lawyers la here now agree that It would be unconstitutional onal to put a hoarder in jail but they will wUl not decide the case Some people eople seem to think the con can Itself is unconstitutional S NEW YORK By Iny James McMullIn 1 Copyright McClure Nc Newspaper Syndicate The epidemic of labor troubles has thrown a switch on the main line of recovery Local insiders say say- the government gov goy must or the train will land In inthe the lor keeps There are signs sign that Washington Is aware of the emergency and will use the mailed fist on as required Strikes in the steel and coal Industries Industries industries indus Indus- tries have two cau causes es Resistance e to unionization and anti delay of steel companies corn com panics in announcing the signing up of their coal mining subsidiaries for forthe forthe forthe the coal code 05 For instance the Frick mines controlled controlled con con- trolled by U. U S. S Steel stalled as long longas longas' as as' possible They thought the code gave them the rawest deal in a competitive competitive com corn sense of any unit in the Indus Indus- try Whereupon miners In other districts dis dis- dis were called out to remain on strike until the Frick p people ople signed up The move was was also intended as a demonstration of union strength th and solidarity S 01 The steel companies dont don't like the idea of having unions crammed down their throats one bit better than they did a 3 couple of months ago On that subject they are about the hardest hardest- boiled 0 of any industry Some companies com corn panics were not at all averse to the strikes because they wanted to find out whether the American Federa Federa- ion of Labor Is a 8 part of the United States government There are those In n the Industry who would be q quick ick to o take advantage If the governments government's foot slips ever so slightly ISS The motor Industry barring Ford takes takes' the position that its it's the governments government's governments government's governments government's gov gov- business to protect them from rom strikes They claim they have signed their code and are living up to tot t and now they want the law to take their heir part against labor organizers They arc are losing Ing the steel pe people seem seem tough But the steel plans will plans will look much smoother when you i get the full picture COMEBACK There are are plenty of big time cons conservatives con con- s who wh see a a swell aswell chance for fora a comeback to their ancient glory They think they see signs that the government is weakening 01 ori onN N R A and are getting set to make an Issue of individualism versus labor domina domina- tion A battle on those thoe lines lines' might do some good at that It would be national nation nation- al at in scope and might divert attention attention atten atten- tion from section sore spots now nov developing developing developing de de- de- de all over the place COAL Southern coal operators have already al already al ready found ways to chisel off the sectional disadvantage apparently inflicted inflicted in in- on them by the coal code Their now have to pay more for rent and supplies in company shacks and at company stores This largely offsets their wage increase These matters were not covered in the code codeso so nobody can charge them with vio vie lation Also they have found a way to allow allow al al- al low disguised rebates in m price New NewYork NewYork NewYork York had been mystified at the ready acceptance by southern mines of con conditions conditions conditions that looked like their competitive tive death warrant Now it begins to percolate that the boys were not so dumb after all Today they are actually actual actual- al ly making business gains at the expense ex cx- pense pease of northern operators EVEN Midwestern readers may find the first issue of the new Vincent Astor Astor- Raymond Moley magazine especially interesting A feature article will be bea a lethal alethal gun aimed at a anew new deal dealin Insider insider In in- sider of considerable importance lj Henry Kenry Jr It looks as if Mr Moley will leap at the chance to square some old accounts POWDER KEG Local Loca insiders say that the match to ignite the European powder keg is ismore ismore ismore more more likely to tobe be struck in the basin DOS in than in Danzig or the Polish Corridor or even Austria Confidential reports Indicate that the situation there is far is-far far more alarmIng alarm alarm- Ing fag than Utan appears in the news news The league of nations government commissIon commission com corn mission has leaned over backward to give the Germans a free tree hand in e conducting conducting con con- n- n ducting propaganda for the coming plebiscite It was was' anxious to avoid nazi charges of trying to influence public opinion against Germany This has opened the gates to the nazis for tor fair The have flooded th the country with ardent f followers and aready already al a- a ready control about 60 per cent of the territorial police A major explosion may occur any time which would compel the government commission to call in French troops Nobody dares to predict what would happen then might become another LETUP LETU Promoters of the antinazi boycott shouldn't pat themselves too hard on eq the back for the letup in the anti anti- Jewish campaign The boycott had very little to do with it What happened was th t the nazis found they were crippling German home Industry by too rigid tion hon of ot the non Aryan rule Some of their best engineers engineers' turned out to have Jewish grandmothers Even factorIes fac fac- tories which sU supply ply materials for the Krupp concern might have been forced to close and that was carrying things altogether too far SIDELIGHTS European diplomats credit the German Cerman Ger er r- r man embassy in fri Washington with a neat bit of strategy James Roosevelt Roosevelt Roose Roose- velt will not go BO to Germany on his much advertised European trip But he and his party of 11 ii sailed on a aGerman aGerman aGerman German liner Viereck's diplomatic plea to call caU of off the boycott boycott boy boy- cott shows he is doing the job job- for which he was invited to Germany |
