Show New ew York Whirligig POLITICS FINANCE f. f By LOU SCHNEIDER Subbing for tor James McMullin NEW YORK YORK With With the T V A j decision out of ot the way the constitutional con con- lawyers are arc advising clients as to the possibilities of other important administration measures As if and when these cases reach the high tribunal the following results are arc being predicted predicted predicted pre pre- pre pre- Utility Holding Company Act- Act Unconstitutional J Jones Jones-Costigan Act Act Unconstitutional Guffey Soft Coal Coal- Act Act Unconstitutional Government Land Condemnation tion Right Right Constitutional Railway Pensions Act Act Constitutional l Wagner Labor Disputes Act Act Act- Unconstitutional Lemke Frazier-Lemke Mortgage Moratorium Mora- Mora tori um- um Unconstitutional It is also the opinion of ot well well- read lawyers that any any- govern government govern j ment act giving the federal t trade trade- ade commission the tho power to reg regulate Interstate business business' will be found constitutional That is why business business bustness busi bust ness interests fear the prospect of tho enactment of the business license act this year Tho supreme courts court's ruling on the the- theT T V VA A cheered one branch of the electrical manufacturing Industry Industry in industry In- In while it took all the pep out of another The Tho electrical appliance appliance- manufacturers are all aU agog with their business prospects pros pros- On the theother other hand the manufacturers manufacturers' of ot power producing producing producing pro pro- and distributing distributing- equipment equipment equip equip- ment feel down In the dumps According to appliance trade insiders the market for household household house house- hold equipment has tenfold tenfold tenfold ten ten- fold because of the decision One Ono said that tho the sales gain of last Jast year was enormous But the prospects for 1936 are now unusually unusually unusually ally bright He expects washing machines to show the greatest ben benefit benefit- fi After that It is expected that refrigerators will vIll do next best Then will come water heaters heat heat- ers cre and electric ranges All is cheerful But It Isn't so for heavy electrical electrical electrical elec elec- equipment producers Utility Utility Utility Util Util- ity org organizations planned to spend about for expansion of ot plants and distributing ties Now that the T V A ruling is against utility companies these plans are being revised It It Is hinted that the total may be re reduced xe- xe to S Informed opinion opinion from from the business point of view view view-is is that the courts court's ruling doesn't work workout workout workout out in favor of business recovery Should power companies curtail plant improvements and and expendi expenditures 1 tures lures it will affect numerous numerous industries Steel and copper copper copper cop cop- cop cop- per will be hit most severely The cement industry is another that will wUl suffer as will rubber cotton and wearing apparel Thousands of at men who mon who would have been employed employed em em- to to fill the fill the orders will vill have less to spend And so from front tho the heavy electrical producers' producers point of view tho outlook is gloomy Is Big business I is bothered othere by the thew war var w r talk sweeping through the newspapers of the the- country It is worried when it reads such headliners headliners head head- liners as German War Var Plans Being Perfected and Russia Fears War In East Will Spread West Vest and Britain Plans War Consolidation of ot Offices and Units and Italy Looks for or Further Further Fur Fur- ther Spread of War Var Should Oil Be Limited To the business world war var warI varI I m means ans activity but but- not I of lasting sting f character World business interests inter Inter- Interests interests ests are anxious anxious' to see seo peace movements The business businessmen men of this this- country are aro tho the big guns guns guns' behind the movement to stop this country from getting getting- tied up Inthe in tho the League of ot Nations embargos They see only military troubles trouble ahead To stop the war from spreading a b business group is planning to form torm an association in this coun coun- try Who is to make tho the first step is still sun unrevealed but it is certain that as s soon on as the or organization or- or I is formed the membership membership membership member member- ship ship- will grow rapidly The men who will head heid the organization will not be susceptible of so- so called Red tiRed accusations The move will be to stop newspapers from front printing war stories stories' and prop propaganda ganda Its uIt's all all' vital to the future futuro of ot business War Var talk must stop Washington talk that postmasters ter will be betaken taken out of ot politics Is amusing to New Yorkers It cant can't happen so 80 long as our present present present pres pres- ent political system prevails No administration n would want to lose loso the power of of handing o out t such excellent jobs Men who get these positions are powerful political factors In their sections of tho the country To use the words of at one jester A uA first- first class postmaster is a lad who can swing votes of ot his district ase as e easily sUy as a brakeman swings his lamp It is doubted whether Farley F will permit the move while the Democrats are in power Copyright McClure Newspaper Syndicate |