Show New NewYork York Whirligig The Now Mows Behind the iho News POLITICS FINANCE By JAMES McMULLIN NEW YORK YORK Arthur Arthur H. H Van- Van 1 denber s stock is rising swiftly in Republican inner circles New Yorkers Yorker in close touch with the Borah boom predict confidently that tho Idahoan will step aside at the psychological moment and hand handover over his delegates to the Michigan senator A friend and supporter describes Borah's attitude this wa way Bill BillI I Lt Li a realist tf Ite e knows his own nomination nomination-if if ho could get it it- it would spIlt split the party wide open He also knows hes he's pretty old for forthe tho the grind of a Ii nominees nominee's cam cam- cam cam- But hes he's determined to have bave a a. decisive voice in selecting the thc candidate and he wants to bo be botho bethe botho tho the real power behind the presidential presidential preal- preal throne He would consider that at tho crowning achievement of ot hi career Ho lIo figures he can play Warwick Warwick Warwick War War- wick at the convention in a way that will st st. stake ko him a decisive claim for lor the job of ot privy counsellor counsello coun coun- sello No 1 H He would welcome tho the post of secretary of state state- state as Bryan did i in 1913 Meanwhile ho will play safe sale by clinging to his senate seat fills his liberal bill better than any- any cne else in sight Other hidden factors are operating operating operating oper oper- In favor Conservative Con Con- o New York leaders arc are primarily concerned about two things things a united Republican party and a nominee who can be trusted to behave if it elected They hav have been suspicious auspicious of at tho the on the latter score But lately they have conned his record with a microscope and decided th theres there's rc's nothing in it to cause causo any serious apprehension Naturally they differ with Borah as to who should have the Inmost track at the White House House and and andare are co confident o they could win that contest From the party harmony angle the strength of Borah sentiment around tho the country is reluctantly taken as proof that liberal RepublIcans Republicans Republicans Re Re- publicans must be satisfied with the th candidate if it there is to be areal a 8 areal real chance of beating Roose Roose- velt Hero again L Is Js Indicated ahead of at Landon or Knox or Dickinson An astute G. G O. O P. P remarks He HO has few ardent supporters but hut still fewer enemies and enemies and that's what co counts Most of the men inca who will put up the heavy dough find him acceptable although they dont don't exactly rave with asia This idea of ot broadening the federal federal federal fed fed- eral governments government's powers by constitutional con con- amendment has more more complications than a hound has hu fleas All sorts of cross cross currents are beginning to flow New York sharps learn that farm and labor leaders are less inclined to go heli helL bent for it on second thought Its It's all allery very ery well to strengthen the arm of a liberal administration administration- but what would happen when conservatives conservatives con con- came caine back to power It would be too tao Ironic If the additional addi add bonal authority they had worked to confer on on Washington were used to slap them down Then Then- you have the south with its Us ingrained resistance to encroachments encroachments en en- on states' states rights That hinders sponsorship of ot the amendment by tho the Democratic party On On the other h Mad hand nd conservatives conservatives con con- are not unanimously opposed by any means Some who have fascist leanings feel th that t greater federal powers might be just the right medicine in the right hands Finally the prohibition specter looms big in tho background With such an amendment it might again be imposed on the country by simple act of congress That gives wet liberals pause The Issue is issue issue is- is sue is inevitable but lut but there will willbe willbo bo be more talk than action for a along along along long time Urno Its It's a rare day that the securities lUes exchange commission doesn't come conic up with a a. a new headache The latest is a demand from stockholders r in several companies that the commission use its powers powers powers pow pow- ers to force their corporations to disclose to them details of operation which they claim is essential es es- es information In determining ing tag whether to hold or sell the stock The respective companies have refused their direct request That's a nasty one If the commission com corn mission refuses refus s to act it will bo be charged with dereliction of duty If it tries to act its authority will certainly be challenged in th the cour courts probably successfully And the S SEe E C wants no such challenges s that it cm can possibly avoid Moreover how can the commission commission commis commis- sion slon tell whether a 8 stockholders stockholder's thirst f for r Information 1 is legitimate legitimate legitimate mate If It it were possible to compel compel com corn pel corporations to divulge busness business busi bus ness nes secrets to share owners they would soon have no secrets left Competitive firms would only have to buy a few shares share to get all th the inside dope they wanted The commission has no desire to tobe tobe tobe be responsible for any such perversion perversion per per- version of the publicity provisions of tho the law About all It can do Is Isto Isto isto to look the other way and hope for the best b t. t Governor Harold G. G Hoffman of New Jersey evidently likes to play playa a lone hand In the two moves of his career that have attracted most attention the attention the New Jersey sales tax and his recent efforts to todo todo todo do something about Hauptmann he he acted without asking advice from front anyone Both times he got himself out on a limb and did his hi party no good The boys are arc plenty sore lore at him New Yorkers Yorker remark that the governor has certainly made an awful mess of the Hauptmann matter A last minute reprieve would lay lilY him open to impeachment impeach Impeach- ment unless he could find quick justification in the form of new evidence whIch evidence which is most unlikely If It the law takes Its course he stands accountable for stirring up upa a lot of unpleasant excitement ment for nothing Insiders cnn can canno no no longer see Hoffman's Hoffmans Hoffmans Hoffman's Hoffmans Hoffman's Hoff Hoff- mans man's vice presidential chances with a a. telescope Gomez may have been elected president of ot Cuba accordIng according accord accord- ing to constitutional procedure but that wont won't make his tenure of at office any lany safer or happier Already Already Al Al- ready the opposition is saying that he is the pet of at the U. U S. S state department That accusation is a asure asure asure sure ticket to extreme unpopularity unpopular unpopular- ity for any Cuban official Keen analysts predict farm in income income income in- in come will be 10 to 12 per cent higher in 1936 than in 1935 despite despite despite de de- de- de spite the collapse of A A A Several greenback scares are due before b lore congress adjourns Secretary Wallace is called a wise diplomat for allowing farm leaders leaders leaders lead lead- ers to take credit for his program Copyright McClure Newspaper Syndicate |