Show WALL STREET VIEWS VIEW VIEWS rt By James McMullin Financial Observer NEW YORK YORK The The youthful Thomas E. E Dewey put up a far stronger fight against Governor Herbert H. H Lehman of New York than his most ardent supporters privately expected It was no mean accomplishment to cut Mr Lehmans Lehman's million half majority in 1936 to less than Dewey made a better Impression impression impression sion in his upstate appearances than G. G O. O P. P leaders in that area thought he would He was greeted greet greet- ed with more convincing evidence of popular interest and enthusiasm enthusiasm than any Republican candidate candidate candidate candi candi- date in many years He was es especially especially especially es- es effective when dealing with subjects of which he has hand first-hand knowledge law knowledge law enforcement enforcement enforcement en en- and alliances between crime and politics politics not not so hot when he ventured into unfamiliar fields of state finance and farm policy The Democrats definitely did not succeed in their objective of eliminating him as a future political political po po- factor He returns to his post as district attorney with enhanced enhanced enhanced en en- prestige and will be heard from again and again and plenty penty Published reports stress the point that Lehman ran far be behind behind behind be- be hind the rest of the New York Democratic ticket and Dewey far ahead of his fellow Republicans On the basis of comparative majorities majorities majorities ma ma- this is certainly true But Buta a careful analysis of the returns indicates that the inference is somewhat misleading Senators-elect Senators Wagner and Mead headed the Democratic slate with pluralities of and respectively But the total vote shows no such discrepancy between them and Lehman as the majorities imply Wagners Wagner's total was Meads Mead's was 2346 Lehmans Lehman's was So the governor was actually only votes behind Wagner and I about ahead of Mead On the other side however Dewey rolled up a total of 2319 as against roughly for both his senatorial teammates teammates teammates team team- mates OBrian O'Brian and Corsi In effect effect ef ef- feet therefore Dewey jumped nearly ahead of his ticket whereas Lehman ran about neck- neck neck and-neck with his party col col- leagues Informed analysts explain this strange phenomenon as follows Many counties in upstate New NewYork NewYork NewYork York used voting machines this year for the first time Voters in these counties are predominantly predominantly predominantly pre pre- dominantly Republican On the paper ballots to which they have been accustomed all that was necessary necessary necessary essary to vote a straight ticket was to mark a single cross in the circle at the head of a column in which all a party's nominees were listed Circumstantial evi- evi l- l dence plainly indicates sands of must ha pulled down only the Dewey leon leion lei le on the voting machines under 1 t delusion that they were castin castin- ballot for the entire ticket This evidence is further c cc co firmed by the fact that the theof lt of the discrepancy is in the ustate u state vote not in New York Ci Cj where voting machines have be be used for years If It it had hM r IJ been f for r this the race would ha been much closer for all offic ottic besides the governorship Ther fore th the general Republic showing in m New York was a much stronger than it a pears and the headline slur Governor Lehmans Lehman's vote ability is unwarranted The important supreme con cou test of the constitutionality of t tl U Tennessee valley authority's POI po er program begins this wee John Lord OBrian O'Brian defeated la Ii week as Republican candidate fi tr senator from New York is lj J charge of the government agency side of the case T V A won t tl U first round last spring before special three-judge three tribunal Originally 19 utility operatic companies in the Tennessee basi were parties to the suit again agala T V A. A But the government ha iz shrewdly maneuvered by pm chases of properties and other otherwise otherwise wise to eliminate all the plait plair tiffs except subsidiaries of Commonwealth Core Com Southern The la 1st at atter ter is thus isolated and left t carry the ball alone which i apparently the administration aim on several fronts Tennessee Public Service a Electric Bond Share mb aub uh has sold all aU its proper properties properties properties ties to T V A and the city o 0 Knoxville The same applies t tl Holston River Electric Power Light is planning to sel ael 1 to T V A and the city of and has withdrawn from the suit Tennessee Kentucky-Tennessee L Light 1 g h t Powers Power's facilities have been purchased purchased pur put chased by the government West Wes Tennessee Power Lights Light's so sow nor or orwill will be Georgia Power a Com Corn Commonwealth Commonwealth Southern company was knocked out of the case b ban b ban an injunction The whole sui sui would be ended if the would purchase Commonwealth I Ip p pur u r chase Commonwealth i Southern's properties in the T TA TA A area as a group But it in It insists I on trying to force t the e sy SJ tern tem to sell them piece by piece which would mean severe financial financial finan cial losses to its security holder bolder I New York election comment A and a were elected governors in Mass Mama and Rhode Island Island tb revolution must be over J I Copyright 1938 for The |