| Show New York Whirligig g I POLITICS FINANCE I S By 89 LOU SCHNEIDER Subbing for James McMullIn l NEW YORK When Postmaster ter General Farley stated that tho the coming elections would be the dirtiest In history he knew what he had In mind Now the American Ameri Amen can Liberty league and the Republican Republican Republican Re Re- publican party agree It will be bo worse It will vill be dirtier than even Farley expects Tho The General Hagood dismissal will vill bo be tho the foundation Informed political quarters hints hint that the removal of Gen General ral Hagood is one move that will be hard for the Democrats to over over- come The Tho American Liberty league- league by virtue of its It name name name-Is is out to rally all military and public patriotic patriotic pa pa- bodies to its Us support A series aeries of letters will be mailed to heads of such organizations They will declare that the administration tion is a dictatorship They will vIli show that the war department department- In letters signed by Chief of Staff General Craig and Secretary of War Dern authorized Dern authorized General Hagood to talk as ashe he pleased and since he did he was thrown out The letters will also show how the administration through administration through cabInet cabinet cab cab- inet met members members members-Is is fighting the constitution All the country Is to be whipped into a n. frenzy zy on the patriotic theory It is an American LIberty Liberty Lib lAb erty league eldea Idea but it Is expected that tho the Republican party panty will carry the banner The battle cry will be Fight to save country and constitution 1 Out with tho the dictatorship rebels Informed quarters say that thousands of at veterans arent aren't making making mak mak- ing lug application for lor soldier bonus This is especially true of ot who are on the relief rolls Indirectly the administration is passing the wor word around that those veterans who receive bonds will be found Independent As a a. result their names will be re removed removed removed re- re moved from relief relle lists Since a n aman man may apply at any future date and since he ho is obtaining funds from federal l relief agencies he isn't asking for bonds and wont won't until relief payments stop The idea of frightening veterans in this way is to stop those who d do get their bonds from convertIng convertIng convertIng convert- convert Ing into cash So it is expected that there will be no rush to ob obtain obtain ob- ob tam tain soldier bonus bonds With government financing in prospect all talk of at inflation has been killed It has happened be be- fore The usual procedure is to revive inflation talk after the fi financing financing financing fi- fi is completed It helps bullish sentiment in security markets markets markets mar mar- and higher prices result That Is what the administration likes The fact that the government is behind the stop inflation talk order is confirmed by tho the news that all inflationary bills which were to be presented to congress have been withdrawn To help along the billion dollar treasury financing the government is now talking conservatism But s stock ock market traders are not being fooled As soon as the financing is out o of the way we will again receive bullish market letters from administration of ot- flees But security price recessions dont don't meet with the approval of small stock buyers Many rushed Into tho the market because of ot the inflationary fears expressed by Herbert Hoover Now that Inflation in inflation inflation In- In Is out out for for the time being these these buyers are holding shares that show them losses They are arc frozen solid soUd be because ause when the public sells selJa tho the markets decline rapidly This amuses administration circles They admit Roosevelt did move a bit towards towardS' inflation But they now sec that stock tradIng trading trading trad trad- ing losses losses' will bo be blamed on Hoover who advertised fear over the radio and in a California court room The Tho result Is that the Republican party is on the spot for stock market losses should inflation talk fail fall further to advance security prices s. s That ThatIs Is tho the big reason why the political big lg whips of the administration want inflation gossip to stop The word in Democratic circles Is Let there be no inflation talk That will bring about a decline in security prices Then tell the suckers that it was Hoover who led them into buying stocks Stress the point that people lost fortunes from 1930 0 o 1932 and again in 1935 1936 all all because of Hoovers Hoover's cockeyed opinions Trade organizations are about to raise thunder with congress They demand that labor organizations be bo regulated by strict federal federal fed fed- eral laws It is generally believed that most unions are headed by racketeers They feel that only with department of justice supervision supervision super super- vision can these racketeers bo be forced out The idea is that somebody must tie the bell to the cat Why not let congress do doit doit it iU Pennsylvania railroad Is is to purchase tho the Alko Express Lines operating in Pennsylvania and Maryland and the Barker Motor freight line tine operating in Ohio Penns Pennsylvania Indiana Kentucky West Vest Virginia and Michigan This is in line with recent I. I C. C C. C permission permission permission per per- mission to haul freight from door to door Ordinary life insurance insurance insurance ance sales show a sharp decline In dollar volume volume due due to inflation inflation inflation tion fear talk If It all railroad bills now pending in congress ar are enacted as law it would add more than 20 to the cost of oC transporting transport transport- ing each carload of freight Of the First National Bank of New York shareholders some 1400 hold one share each each bank bank has more moro one sharo stockholders than it has depositors The American Federation of Labor is disturbed by the slow manner in which Senator Is handling han han- dUng his business license bill bill- action is wanted in a hurry Copyright McClure Newspaper Syndicate |
