Show Round Merry Mer r y Go Ro u n nd d Mars Mane MarsI By I DREW P PEARSON end and ROBERT ALLEN W WASHINGTON Appointment WASHINGTO Appointment of Prof Professor William WilHam O. O Douglas Yale as new newest t m member of 61 f the securities and exchange co commission mission is expected expected ex ex- to put b backbone into an organization which recently has been coasting on its previous mo mo- Chairman Ji Jim Landis the sav savage ge liberal whose shadow once sent seat jitters down the spine of ot Wall WallStreet WallStreet WallStreet Street now is suspect of of eating caviar a little too frequently with th the boys wh whom m once he J fright ened I j q Other members of the commission have been leaning in the same same direction Douglas has been v H J l J i 1 f leaning directly Although he was oA once e associated with withY on one of Wall Streets Street's most prosperous law firms firm Douglas has been S E Cs C's most cr crusading investigator His iny investigations tig of at the bondholders bondholders' protective committees com corn com for tor the Frisco and Missouri Pacific c r railways railways rail rail- il ways were sensational Douglas w worked his way through the University of Washington in Seattle by living in a tent and ana washing his own clothes in an adjacent stream After graduation he arrived in New York via the fr freight ight car cat route with 36 36 cents in his pocket and applied i for a loan to enter the Columbia law school His record at Washington was so good that he be go got a small loan and sold papers in rn Manhattan Manhattan Man Man- hattan in ord order r to meet the rest of his expenses Graduating near the top of his class Douglas was immediately snapped napped up by the law Jaw firm of Paul Cravath Later he became the highest paid law professor in the country drawing down 18 18 a year from Yale Tenant Farmers When Henry Henry- Wallace called farm called farm leaders to ad advise advise advise ad- ad vise him regarding a substitute A A A he included ed almost every farm organization in fin th the country except the one which represents ent the largest number num num- ber of farmers Representatives of the tenant farmers apply apply- ing log for entry entry- t to the Wallace farm leader conferences conferences conferences confer confer- at the last minute were turned down As the reason for this veto Wallace gave the lack of a large enough t room in in- which to meet Howe However er the a auditorium where where sat sat his JOO delegates delegates dele dele- gates has haa a B capacity of 1000 Wallaces Wallace's delegates represented approximately farmers who own their own land and produce about 86 88 per cent of the country's farm products were about farm tenants tenants ten ten- ants who produce only 14 per cent of the he country's country's coun coun- try's farm goods also about agricultural workers These two groups have benefited little from the A A A many tenant farmers have been evicted I as a result of the crop cur curtailment program Blow Up A big blow up Is brewing behind the scenes in the old month bituminous coal commission which may rend it from stem to stern ev even n before the expected ted supreme courts court's ax descends C Cause use of at t the e undercover churning is Is- Commis ornis- is Commissioner s 's oner George Edward of California So bitter has feeling become that bat several leveral imp important executives are are threatening to resign resin and issue public statements ts denouncing denouncing- province is the legal work of the commission To assist him hini himin in in- inthis this I h ho he has a large staff of lawyers has hu b been en at loggerheads s with fellow of officials ot- ot on the commission from the very start One of at his first acts was vas to elect eject himself vice chairman when when- most of f the other commissioners were out of town He has repe repeatedly clashed with his colleagues on policy Issues parit the question of price fixing which he favors while most ot of the other othera believe it should be handled cautiously The commissioner owes his job to Senator Wil liam ham Gibbs McAdoo who took him into his law firm last ye year after patching up a pe peace co with Upton Upton Up Up- ton Sinclair cret a Sinclair lieutenant was the E EPIC P PI I 1 C candidate for the California supreme supreme court courtL In addition to these qualifications back background cro ground n fitting him for fat a place on the coal commission commis sion slon include war time service in the aviation c corps a a term a as city attorney of at Venice Ca Cal and nd an inconspicuous s part in the prosecution ot the famous famous' Centralia Wash I. I W. W W. W casC cases a deca decade e eago ago ago- Until Until- he came to Washington ton he hew w was s unknown un unknown un un- known Df Calif California Note Calif California nr produces duces no al Copyright 1036 V 8 tJ by United 7 turl Inc J |