Show Round Merry By DREW PEARSON and ROBERT ALLEN Trade Mark Mork I WASHINGTON The The larger the benefits derived derived derived de de- de- de rived from the new deal the louder the wails of big business anguish Witness the Du Ponts Fonts Ponts most famous munitions munitions munitions muni- muni muni muni- chemical and motor manufacturers in America The names of Pierre Lammot Irenee and other er members of the Du Pont empire top all the list of contributors to o such new deal enemies enemies enemies en en- as the Liberty league the Farmers Farmers' Farmers Farmers' Independence Independence In Independence In- In dependence council the Southern Committee to up Uphold ol the Constitution and so on Loudest complaint is that the new deal is bam hamstringing business But recently the Du Pont company compan issued to stockholders its quarterly statement as of March 31 1936 It contained these figures highly revelatory of the improvement improvement improvement improve improve- ment of the thel Du Pont fortunes in in the past year of the new deal INCOME ACCOUNT st 1st 24 Income from operations be- be 1935 1936 f fare foro re provision for dep depreciation depre- depre e- e elation clation and obsolescence In Income onie from operations Net income exclusive of in income income in- in t come from Investment in Motors rs p. cor corp Income from Gen Motors Total n net t f i r u. u 7 71 7 2 of Amount earned per share stock oss SURPLUS ACCOUNT 1935 1936 1938 Surplus at beginning of year Dividend on debenture stock Dividend on common stock Surplus at March 31 Note Note Close Close friend of Franklin Roosevelt Jr some reports have th them m engaged is Ethel DuPont Du VDu DuPont Pont an heiress of these millions Boondoggling At his press conference a newsman asked Secretary How do you explain the continued rise in price of government bonds the last few d days ys Is the treasury p planning a anew anew anew new bond issue No but the explanation is very simple said with a twinkle in his eye After ClAfter the presidents president's speech in Baltimore the young p people ople of the country were so buoyed up with confidence i ir in the future that they went out and invested in government bonds what have Huh grunted the reporter they b been en buying them with relief money Hollywood Sedition Motion picture actors and authors are stirring stirring stir stir- ring up a lot of backfire against red hunting Congressman Charles Kramer and his sedition bill bilI which would put free speech back to the days of A. A Mitchell Palmer Those gunning for him include Groucho Mar Marx Irving Berlin Morrie and arid Oscar Hammerstein II Out in his district which district which includes Hollywood Holly Hotly wood wood Kramer Kramer is having a lot of difficulties and it looks as if his political days were were num num- Tobacco Road Although the Smith Kerr tobacco o control act aroused no great hullabaloo outside the tobacco states new deal experts consider it one of the most important farm bills to pass congress They think hinK it may set a precedent for eventual eventual eventual even even- state control of cotton even corn and wheat What they are watching no nov now v is whether the tobacco states coot cooperate rate All AU the Smith-Kerr Smith bill did didas was as to give the states permission to agree among themselves to reduce acreage Now Now Now-as as specified by the supreme court when it knocked out the AAA actual AAA-actual actual acreage reduction reduction reduction re re- re- re is up to the states State control of ot cotton production in years past has caused bitter wrangling and complete failure Each state wanted a l larger quota Also there were nine cotton states State Cooperation However HO in the case of flue cured tobacco from which ar are made only four i states control production Virginia Georgia North and South Carolina Thanks to aggressive Congressman Thomas G. G Burch Virginia already has passed a bill enabling en en- ablin abling it to fix a tobacco quota The South Carolina legislature is considering one onet North Carolina may call a special session new Anti-new deal G Governor Gene T Talmadge willS will not cooperate but the growers growers' of ot Georgia probably probably probably ably will It looks as as if a new means of at t crop control would get started via the tobacco road Note Nole Congressman Congressman Burch one of the chief behin scenes the the scenes sponsors of of the the Smith-Kerr Smith act ct grew up in the tobacco fields has has' done doneS S everything ever with tobacco except chew it from burning the planting p ant ng bed laying to out through the S night d tending iS the fires in the curing sheds Copyright 1938 by United Feature eradicate Inc |