| Show NEWS N WS BEHIND THE NEWS By Ray T Tucker Ticker Telegrams Telegram's Washington Columnist WASHINGTON When Britain Britain Brit Brit- am ain begins to dispose of her assets assets assets as as- sets in this country Trustbuster Thurman Arnold will have a bigger bigger bigger big big- ger finger in the pie than Cardell Cordell Cordell Cor- Cor dell Hull or Henry Jr Thurman's job job job-at at the specific specific ape ape- suggestion of the president will will be to insure that sale of England's securities here does not increase the concentration of control over vital industries in corporate hands Britons own a great deal of stock in two industries of paramount paramount paramount para para- mount importance in the United States States oils oils and chemicals Should they sell out to domestic firms already holding a large interest In these fields the latter would enjoy a commanding position in their lines They would immediately immediately immediately imme imme- become targets for Thurman Thurman Thurman Thur Thur- man in his cru- cru ade Therefore he plans to in intervene intervene intervene in- in beforehand rather than afterward He will supervise any auction of British securities The attempted Cuban revolt disturbed Americas America's state de de- de- de The diplomats still are weighing it in the light of confidential advices that several key countries in South and Central Central Central Cen Cen- America are more responsive responsive sive to totalitarian conquests than to our good neighbor policy They are not accepting fully the New York vl viewpoint that the background of the Havana Havana Havana Ha Ha- vana disturbance was purely do do- Most chiefs of state in South America favor a cooperative and collective scheme for fat defending the western hemisphere against foreign penetration But the out of power factions are citing axis triumphs to whip up discontent and to feather their own nests Commercially and culturally these nations have always been closer to Europe than to the United States Until lately their military men got their Instruction instruction instruction tion and training from German rather than American army cers They are convinced of the invincibility of the nazi war machine machine machine ma ma- chine although they stand in great awe of our military and Industrial might once it is ex ex- a aTen Ten years ago the congress after a decade of delay enacted a reapportionment measure that was supposed to operate auto auto- It provided for a a aper permanent permanent per per- manent house membership of 5 and redistribution of seats in accord accord accord ac ac- ac- ac cord with population shifts Vast population changes swept the nation from 1930 to 1940 The drouth and the dust sent hundreds of thousands scurrying scurryIng scurrying scurry- scurry Ing from southern and midwestern midwest- midwest em ern states to California and elsewhere else else- where Rearmament brought more thousands to industrial ce cen centers l- l especially in Michigan Under Un Un- der the practical pattern of reapportionment re- re reap ap api apportionment adopted 10 years ago southern states would lose members in both the house and the electoral college Northern 1 and western states normally Republican Republican Republican Re Re- publican would gain Secretary wasn't fooling when he said that he planned to finance the national defense program with money from individual investors rather than from banks insurance companies and corporations At last he is going to carry out his and the presidents president's pet ambition ambition ambition am am- by making millions of Americans financial partners with Uncle Sam Within the next 18 months the treasury expects to pay out for regular and emergency expenditures expenditures-a a billion billion billion bil bil- bil- bil lion a month as against the present rate of about Mr hopes to obtain at least 50 per cent of that sum sum sum-or or from individuals Whether the new type of security will be labeled baby bonds Liberties or war saving stamps has not been decided But the underlying underlying underlying under under- lying idea is to sell them in small amounts and on an in installment installment in- in basis President Roosevelt recently gave substance to reports that Thomas G. G Corcoran might quit government service Discussing their recent conference their conference their first in months months months-F. F. F D. D R. R said their conversation was of no great consequence Did you off offer r Mr Corcoran a national defense job the president was asked We talked talked about about the baby replied Mr Roosevelt referring to a recent and important event in the Corcoran family Did you talk about the baby's support pursued th the question question- er f That question the head man said borders on the vulgar |
