Show I Merry Go M e Rou nd By DREW PEARSON and ROBERT S. S ALLEN WASHINGTON WASHINGTON Soundings Soundings which the the these securities uri uri- ties exchange commission has taken of the stock market indicate that it is in healthier shape than at any time tune in years Little speculative buying exists the S SEC E C experts say and the buoyant condition of the market is due almost entirely to healthy buy buy- ing on the part of the public Buying by the public can be disastrous us when conducted on too large a scale and when based on marginal operations But S SEe SEC E C findings are to the effe effect t that this is not now the case Private prediction of S SEC E B C insiders is that the market will continue firm and tending slowly slow slow- ly iy upward for Jor or some time They pooh pooh-pooh the rumor about the market break conducted by Wall street just before elections in order to shake public confidence and say ay that it would be difficult if not impossible for the street treet to force such a break with the market in its present present pres pres- present ent condition True Fairy Story Fairy stories sometimes do come true after all At least that's what Democratic leaders in Connecticut decided the other ather day x For many years J. J Henry has been vi virtual dictator of Connecticut Republicanism The giant utility mag magnate te hs made governors senators and presidents At present he is both state chairman and national committeeman In appearance and actuality is the per per- of the G. G O. O P. P old guard Yet marvel of marvels he took the floor of the Republican state convention the other day and delivered a fulsome eulogy of ot Governor Wilbur Wllbur L. L Cross Cross Cross-a a Democrat The astounding declaration threw the meeting into an uproar Frank E. E Healy former a attorney torney general leaped to his feet and bitterly assailed Rora Rora- back smiled and didn't t trouble to reply Later he drove from the Republican convention convention conven conven- tion to the hotel where the Democrats were holding their convention And to their awed astonishment he walked i In Attired in a blue serge erge coat and white lan han nels greeted the speechless Demo Denio Democratic cratic chieftains with bre zy nonchalance Final Final- ly 13 State Motor Vehicle Commissioner Michael A. A Conner asked him You arent aren't lost lost are you yot Mr Oh no just dropped in to o pay a neigh bony borly call and say hello By this time tune Governor Cross who had been told of presence came up Hello Mr he said What are you doing here Youre You're not figuring on joining U us ui No not that laughed Just dropped in to see how you do business We have no trade secret secrets Youre You're welcome to watch US US' wor work Thank you governor And after a few more pleasantries he sauntered off Contrary to general belief Pan-American Pan peace is not as positive as appears on the sur sun face This question be may a long-distance long one both psychologically and geographically jy but it t is important in view of the Pan-American Pan peace conference called for December at which t the e western world plans to show an example to Europe At this moment however negotiations between be be- tween Bolivia and Paraguay have almost broken down down The two armies still are enjoying an an armistice but are facing each other a few yards apart in the Chaco wilderness There have been one or two border skir skir- with one Bolivian killed This has not yet leaked out to the Latin American press Meanwhile the Paraguayan government nt is keeping itself in power only by waving the flag of intense jingoistic patriotism and making additional addi addi- claims against Bolivia tf If it did not keep its own population stirred up lip against the potential enemy the Paraguayan government would be out of ot office in in a few weeks Thus is war made Indirect Taxes Ever since Governor Landon raised the in Jn direct tax issue in his Buffalo speech new dealers deal deal- ers have been working secretly to make this question boomerang against him Herbert They are planning to dramatize the fact tact that Hoover was responsible for many of these indirect taxes This they plan to expose by announcing Roosevelt's intention to excise or indirect taxes f first st enacted repeal in 1932 12 the closing of year Hoovers Hoover's regime Twelve of these Hoover taxes are scheduled for the ax when congress convenes Undercover Undercover Under Under- cover surveys regarding them already are under way In preparation for sending repeal recommendations to the White House Articles covered by the 12 taxes are Tires and inner tubes elry dry automobiles toilet preparations furs jewelry jew jew- motorcycles radio sets and and auto parts phonograph records mechanical refrigerators sporting goods firearms shells sheIls and cartridges cameras candy and Revenue from chewing gum these sources aggregated In in the fiscal year 1935 which revenue standpoint is from a not b bl considered important te 1 |