Show Round Merry lr Iradi 2 Marx By cy DREW DREV I IV PEARSON and nd ROBERT ALLEN V WASHINGTON The ASHINGTON-The The administration is becoming becoming becoming becom becom- ing ing increasingly worried over the bales of cotton which it has bas had hung round its neck The surplus threatens thre-atens to become a millstone which ma may drag down the entire cotton market tM Saturday to the cent cent per pound loan on two two- thirds of this total becomes due and it is a safe bet that no farmer who ho collected coveted the 12 cents and deposited his cotton in a government warehouse as collateral is is now going to the warehouse to his loan and haul repay away his bales Reason is that cotton is now selling below what he would have hav to repay the government government The Commodity Credit corporation federal agency which loaned the money may ek extend endI the loan nV for a another ew er few months But this only postpones postpones post- post pones the day of f reckoning when the ti n will have to ton ion millstone ii decide how to get rid of f the cotton cotton cot- cot Two Plans Two plans for the 8 cotton collon have been discussed backstage They are 1 L A proposal by Senator Cotton l fy Ed Smith of f IX South Carolina to market arket the e cotton at the rate rat of or bales a week Davis r 3 2 A AAA plan ian by Secretary Wallace Vallace and Chester administrator to take over the cotton and sell it on the world market when the time is ripe Between the backers of these two plans there is is vigorous disagreement S Senator Smiths Smith's plan is emphatically opposed by the agriculture depart depart- ment To sell bales weekly Wallace contends would play directly into the hands of the big cotton cot cot- ton brokers Only four firms in the entire United States are big enough to han handle le that much cotton per week Furthermore it would depress the market market mar mar- ket since if the market expected ted this amount of cotton to come up for sale and the demand were less a price sag would be inevitable On the h other othel hand haud Wallace and Davis believe u they could sell between one and two million bales before n next season August if they pick the right time for or the sale instead of being required to sell each week Only one one thing is agreed upon upon that that the cotton surplus held by the government must be got ot rid of as carefully but as expeditiously as possible To Mu hold it must eventually depress the market Mrs 1 Roosevelt's Press Conference The most exclusive press cOI conference in Washington Washington Wash Wash- ington is the theone one held in the White House each Monday morning at 11 It is with Mrs Roosevelt and no news men men are are admitted only admitted only news women Mrs Roosevelt t sits sits' on a sofa sola with her secretary secretary secre secre- tary Mrs Malvina Thompson taking notes beside her The women gather for or the conference con con- f ference rence on the first floor after p passing inspection by Head Usher Raymond D. D Muir The usher sends word to the first lady and they are assembled They mount the stairs and turn urn left to the end of the west hall hall- Mrs Roos Roosevelt velt talks informally rapidly She will answer almost any question barring only matters of state Sometimes she asks that her comments com corn m ments be off the record Presidential Housekeeping One recent conference was taken up with a tour of the new White House kitchen under guidance of the first lady Asked if she had cooked on on the new stoves she said I I have watched the demonstrator but it is not exactly a good goad pl place ce for me to try tryout out On the question of buying new chairs for the Red room sh she said It is is not a matter that you go about lightly I would not think of buying anything that cost any money without getting approval Even for fr things that are given if they are to remain defInitely definitely deli deli- in in the White House you have not only to get approval of f the fine arts commission but you have to have an act of congress Then she laughed when a news woman queried Then n is it likely to be declared unconstitutional Mrs Roosevelt and her news women newswomen women talk longer than the president and his news men Average conference length is 40 minutes about twice the length of the pr presidents When they are arc talked out Mrs Roosevelt says Anything else Any other other- questions All right good good-by ladies 1 No refreshments are se served ved no smoked there is no tarrying at the end The women wom worn en hurry out to write their stories before a 12 o'clock deadline Townsend Club Townsend Club Number One presents an amazing appearance Located cate in the the city of El Cerrito Ca Cal it is equipped not with lounges and reading rooms for old folks but with dice tables roulette wheels and bird cages It is frequented not by oldsters napping or chattering about pension chances but by a fast crowd eager cager for a chance to pl play y Explanation of the paradox IS is that proprietors of gambling joints in order to escape police detection detection de de- de masquerade under wider the banner of meek G God fearing fearing d Dr Townsend it 1939 fry by Inc |