Show INSIDE I STUFF Politics i and Finance WASHINGTON J I DT Paul Pan Mallon by br Paul Mallon gets one L elt straight I La La his oU another breaks out The i the Tennessee Tennesee valley auto au win be surprised to hear that will to down there Inlet t group of boys eat ot t setting getting along any any- too welL kept their new deal side ranch much to themselves No yr Is b permitted until the theare locked and the transom TI are A Nevertheless the discordant from within clear clear- Incite indicate that papa is going to have haver switch or a pacifier down own a r r. r AAn h. h loan SPLIT li t Underneath it seems that Arthur and d Harcourt Morgan are able to see to yc ye The asso- asso ettas of Arthur Morgan say he favors I federal approach to the probe km k For Instance he wants the soil tension n pr protective measures taken by government That is log log- JaL la Is an I Interstate project Har Har- b Morgan is pictured by his hist t friends w U ua a states states' rights man They i Wat vit to turn as much soil protection r as possible ble over to 3 The third director David Lilien Lilien- lSd thIl aJ ills la is the mI middle dle twiddling his He votes first with one Mort Mor Mor- t n pa and then with the other His inter interest t In life me is to shoot bent benti i 7 DS at the power companies His I has been perfect so far t. t The matter of patronage is m more r rt t a ious The Nerds law says l' l recommendations l should be dis- dis in in making appointments ur Morgan has bas tried to follow j t rW strictly but he has not been suc successful i Om On on engineer who passed a civil examination was vas amazed to those with lower marks getting dead ahead of him He inquired about fit It 1 among imong his friends and was told 1 he wan wanted d a job he had better I i recommendation from his Demo Demo- county chairman He could apt I da that because he ho was registered fa Ii a a I Republican He has a wife and Urt children on the relief roll other ther side of the question 1 t certain southern senator has baa his ire up because Arthur Morgan not noti i ont hi men iMm eWEg L ector tUl n supposed sed to torim rim been privately disowned by the r- r I n when he hc made that I ch h offering a 3 sharply lower iMe aisle to the power companies lie er was wa officially pa passed d eurid that at he spoke for himself I i on th that t proposition The pow pow- fl ro companies said he was absurd iC i. i later he went to At Jm EijA t tad nd made de a stronger speech ech Xe Rid d the TVA meant the beginning Gt ef a tI W natio national Power policy and md andr M 1 Power power r program He tro a radically reduced b eventual control of pow I er the of people ff Power v boys murmured Just as well be left Idt tact seems to be that Lilienthal I f the Ro Roosevelt evelt view to a 3 hi far creater degree than the power People suspect I who have made an impartial study r of f l the c general Patronage say uy the administration is playing S the game squarely rel insISt that Ickes Perkins among the cab cab- 1 Vet members v bP are sticklers for civil Requirements requirements on lower class hey rhey are giving t their r friends Blends allis S the thc cream which 11 t a be expected ne of the other cabinet officials th the civil Service rules rule gener- gener ener t take In them considerably to political friends That Is not todo teda Were re the t gravy flows friy 15 In hi U the ag el emergency relief relic and new commissions re j is an exception to the caby cab cab- al State attitude State Secre We y t. t Mt The n. n first He He ha has asked f for r very request he made for m after fter he took tool office office- d the Finland Pinland Post for a friend It so o happened Farleys Farley's right hand man on Pa Page Pace e Six I INSIDE STUFF Politics and Finance Continued from Irom P pu o One 1 Emil Hurja als wanted that job Modesty Is such an unusual virtue in politics that the president did not noth h have ve the heart to turn down Hull So SOl H remained here where he is of more assistance to Farley than he be would v Uld be in Finland I NOTES S The politicians also gnawed real meat out of the 1600 bank examiners appointed under the deposit insurance insure ance setup Farley FaIley is supposed to have hae obtained less than 20 per cent of the appointments His associates say he should have Had nad more I State department insiders say Hull null will take the responsibility for the expected failure of the current Pan Pan- American conference just as he did didat didat didat at London That Is what a state sec is for tor Certain private individuals are tryIng try try- Ing tag to a n movement to keep the clergy out of politics of ot which more may be heard later Mr Roosevelt has already started work on his message to congress and andIs Is b guarding Its contents with secrecy It is Js expected to be th the most important important tant taut state paper in a R decade NEW YORK orn By ny James Jathea Mcl Copyright McClure Newspaper Syndic Syndicate te ARGENTINA New York doffs its hat to the the state state department for lor getting away with white magic on Argentina Argentina Argentina Argen tina is the prize trade battleground between England and the United States The English seemed to have havethe havethe havethe the inside track Their exchange agreement to bolster the peso practically put the country in their pocket Now Argentina has shoved this ar arrangement arrangement arrangement overboard by pulling the props from under the peso This puts us back on even terms with the Brit Brit- ish But Argentina has also adopted our own raising price-raising philosophy which puts us us definitely one up Watch for a R lowering of the linseed oil oU tariff which will permit the Argentine Ar gentine e product to be Imported here That would mean a big in increase in our exports Britain cannot respond in kind because South Africa w wOnt wOn't rit let her This means an important edge for the f future ture battle The clever timing is the most im portent factor of all Argentinas Argentina's prestige in lit Latin America gives enormous enormous enormous enor enor- weight to her decision to follow tollow our economic lead instead of En En- glands Secretary Hulls Hull's position at Montevideo shifts from uncertainty to dominance New York bankers knew the state department had been quietly dickering dicker dicker- ing trig with the Argentine They had no Id Idea a it had come out on top CUBA The grapevine from Cuba whispers that opponents of San Martin arc thinking of f using Des Cespedes in a surprise move to win our support San SanMartin Martin has no control outside of Havana The idea ide would be beto to set setUP setup up Ut a n new w capital at and I n name me De Dc Cespedes president Then they could sa say Heres the man you ou recognized How about It The unexpectedly warm reception to Sumner Welles on his hb return to Havana is seen here as a move to speed recognition Insiders expect San Martin to last not more than 60 days unless he can obtain our official oUi cial O. O K STEEL U. U S. S Steel has a dicker on with Russia The Russians are in the market market mar mar- ket for steel products of all kinds and andre are re are set to place a large order as soon as credit terms can be arranged U.S. U.S. U.S. U. U S. S Steel 13 is holding back on confirming confirm confirm- ing big the business until business until it finds out how much protection it can get from the U. U S. S government The size of the order will make snake news RUSSIA New York authorities Interested in Russian credit arrangements are studying the German system closely The German government guarantees a fiat flat 60 per cent of ot all credit extended extend extend- ed to the Soviets by German manu fa The Russian notes run from two to four years and the majority majority ma ma- of them have not yet matured They have hav been discounted at an average average- of between 20 and 36 38 per percent cent The Tho Germans are sore about one feature of the arrangement The notes are payable by contract in marks or dollars Right now the Russians are choosing to pay in depreciated depredated de de- de predated dollars which is swell for them but not so good for their heir credi credi- tors COOPER American engineers planning to g go goto goto to Russia Russin should take lessons from rom Colonel Colonl Hugh Cooper on how to ge get along with their soviet hosts Despite Despite De De- spite h his reputation for being hard boiled boned the colonel put through th the job with far less friction friction fric fric- tion than usually attends the efforts of foreign experts The colonel made a special feature in his contract of three points v the average American is apt to take for granted gra ted He H insisted on adequate housing howing for lor himself and his staff the right to import anything he want ed for his personal use and payment of the bulk of his salary in dollars instead of roubles Lack of attention to these details has ca caused d plenty of ol grief to other foreigners brought over overto overto to aid the year five plan RAILS BAILS Most of ot the rail raU buying to date hu has been done without benefit of R. R F. F C. C aid Orders Orders' for tons have been placed by roads which didn't have to togo togo togo go into hock to do it it But they're grateful to the government for lower prices S S 'S The steel barons are still a trifle trine bitter at their pointed exclusion from the admI administration campaign to raise prices LU LIMITED TED S I New York gets gats a kick out of ot L L L. T. T 1 Loree's Lorees un unwavering ver belief t Ulu S I too oo much government In business He recently announced that much of our trouble is due to suppression of tat ini Managements authority is 15 too limited and its compensation too inadequate Wall street comments that probably the Atterbury Wiggin and Schwab would agree The boys like to hear bear Loree perform per form but they do hope the government government govern govern- ment doesn't hold what he says against them REFUGEES According to Dr Paul S Schwarz former former for for- mer German consul in New York the number of German refugees in the United States has r risen en to about Among the emigres emigres' are are many scholars schol schol- ars who have obtained lectureships at universities and high schools allover all allover allover over t the e country |