| Show b bI I I IN N S SID SI I D E S ST T U F F The News Behind the fhe News By PAUL MALLON W WASHINGTON Sometimes WASHINGTON Sometimes the governmental publicity system falls down on the job For in instance instance in- in stance here is Currency Comptroller Comptroller Comp Comp- OConnor Ho has just perfected a a. new promotional scheme for or disposing of the assets assets as assets as- as sets of closed banks Not only that but his scheme may disclose what is wr wrong ng with the whole banking business Yet nary an announcement has been made concerning concerning concerning con con- it Basically the new OConnor O'Connor plan I applies advanced Huey Long theories to banking for the first time It employs the sound truck technique The comptroller first conceived last fall the idea of oC sending these around the country advertising his rummage sale of ot bank assets It worked so well at Gulfport Miss Aliss that ho he tried it again lately at St St. Petersburg and Miami Now it has become a settled practice Giving credit where credit Is Js due Mr O'Connor's friends say his success has been stupendous if Jf not colossal At St St. Petersburg his medicine show took In 78 and at Miami which are box office records for those two towns Discouragement Mr O'Connor's Gulfport sound truck traveled 1800 miles advertising advertising advertising adver adver- the assets of the closed Gulfport bank Presumably it went as far as St St. Petersburg and Miami as the laws of Florida permit It was augmented by continuous radio announcements announcements announcements announce announce- ments an auto sticker campaign thousands of oC form letters and signs painted six abc feet teet high As Mr O'Connor's friends point out his success shows that what is wrong with the banking busness business business busi bus ness is that it Jt is not fire sale minded Mr OConnor is however run- run ing into the same lack of ot appreciation elation suffered by all leaders with too advanced ideas Ono One banker when asked what ho thought about the scheme re replied replied replied re- re plied I r fully expect to o hear next that the treasury has purchased a herd of ot monkeys and employed an arx army y of organ grinders Decentralizing The state department did not similarly fall down on its publicity publicity ubIl- ubIl city job in announcing the ratification ratification ratification cation o of the Canadian treaty three Thirty-three sheets of ot paper half halt tho the usual typewriter size were given o out t folded in the general general general gen gen- eral announcement Each sheet contained a separate benefit of ot the treaty The first was headed Cotton goods and recited what cotton products would be bene- bene fitted Other half halt sheets were labeled Glass Petroleum Aircraft Machinery etc No two products were on the tho same sheet Newsmen received a little note from tho the department which read as follows The attached material on concessions concessions con con- concessions cessions obtained from Canada that aro are of ot Interest to your state has been prepared in accessible form for your convenience Similar Sim Sim- liar ilar data as to tho the interests of each other state will be bo furnished on request In other words each correspondent correspondent correspondent dent was informed of the benefits to his own locality but not of the benefits to others Thus it appears appears ap ap- ap pears that even cven the state department department department depart depart- ment is decentralizing its International international international relations into local appeals in accordance with the new de decentralizatIon decentralization decentralization de- de centralization publicity scheme which has been adopted by other government departments Hoodwinking The appointment of oC Herman Goering as economic dictator of Germany over Hjalmar Schacht is generally supposed on this side vot v- v of ot the Atlantic to mean that Dr Schacht is on his way out On the contrary it represents a victory victory victory vic vic- vic vic- tory for him The fight tight between Schacht and the radical nazis has been bitter He opposed Jewish persecutions political murders and the Rhineland Rhineland Rhine- Rhine Rhineland land occupation on tho the wholly practical ground that they hurt Germanys Germany's foreign credit Hitler's extremists in the tho cabinet have been trying to get him out for tor a along along along long time but economic brains are not plentiful in the upper- upper crust of nazism and Hitler could not afford to lose Schacht Schacht is supposed to have told Hitler not long ago that he could not go on wasting his time fighting fighting fight fight- ing lag the radical nazis and would re re- re sign Hitler persuaded him to stay with the promise that he would try to curb the radical elements The Goering appointment does it Goering as economic dictator will sign the decrees but in realIty reality real real- realIty ity Schacht will draw them up The nazi radicals radicals' who felt free freeto freeto freeto to fight Schacht will not dare to oppose Goering It is a a. good Idea but our officials officials of of- doubt that it will vill work They fully expect trouble between Goering and Schacht Grouping Among the nam names on the tho Frazier Lemke petition are Three dead men the men the late Representatives Representatives Rep Representatives Truax Buckee and I Lloyd one who is retiring from congress Mrs congress Mrs Greenway three who are not returning because they are candidates for the senate sen sen- sen- sen ate Representatives ate M Monaghan Lee and Representative Represents Represents- tive Hoeppel who was vas convicted on a charge of selling a West Vest Point a appointment p poi n t men t Representative who is conducting a sensational campaign toward re retirement re- re Copyright 1936 for The Telegram |
