Show I NEWS BEH BEHiND ND THE NEWS New Dea DeaP s War Tycoons Plenty of Postwar By RAY BAY TUCKER Two new deal tycoons who enJoyed enjoyed enjoyed en- en Joyed many federal favors favor during during dur dur- ing lag the Roosevelt regime are having serious troubles trouble these days They are Henry J. J Kaiser of the west coast and Andrew Jackson HiggIns of ot Louisiana Insiders in W Washington hington watch with mixed feelings their efforts to extricate themselves from tram their present difficulties diffIculties Mr Higgins from the labor disputes that forced him to shut down hi his yards and Mr Kaiser from hi hIs hia federally subsidized of ot industrial factories in the west Their critics i including theman the theman I man who was forced by F D R to advance them vast funds funds- Je Jesse e H. H Jones former R F C chairman think chairman think they are ire getting getting getting get get- ting Just what they asked for forand forand forand and deserve Eastern industrial interests steel stee ships magnesium mag mag- seek to repel the western western west west- ern era and south southern m Invaders Their friends especially Mr Kaisers Kaiser's are trying to obtain better terms for his hla purchase or liquidation of ot the plants he built and operated with federal money It is doubtful whether he can make a peacetime profit at his shipyards magnesium and steel plants in California unless he gets more grants from the government Mr Kaiser however does not seem to have the same luck he had when Mr Roosevelt occupied the White House and Donald Nelson headed the war production production tion board Conservative R F Cera c- c era er and W ers P B ers have so 50 far tar resisted his requests for tor a re revision revision revision re- re vision of the contract terms under under un us- der which he ho agreed to buy the western steel-magnesium steel setups on the profits he made from his admittedly fine Job of building cargo vessels ur Lr higgins biggins labor difficulties stem Item from the administrations administration's wage-price wage program anc an and general beneficent attitude to unions during the war Now he finds that his normal operations operation will not permit him to pay wartime wages So he IS I closing shop and those who envisaged him as 8 the champion of a R. new Industrial south are disappointed In connection with Mr rr Kaisers Kaiser's dilemma Washington has haa been stirred by a vicious attack on the Californian which recently appeared in Mr Jones' Jones Houston newspaper It suggests that the former R F C chairman questions questions ques ques- some of the advances he was forced to make to the ship ship- builder of at the west The article was waa written and signed by Norman V. W. Baxter well known Washington correspondent correspondent corres corres- who now represents Mr Jones Jones' newspaper interests He w was once an assistant to Charley Chancy Michelson the Democrate Democrats Democrats' Democrats Democrats' Demo Demo- crate ace publicist in Jim Farley Farley Far Far- ley days and he has held other new deal posts He and arid Mr Jones operate from a hotel suite here Resides Besides supplying data for tor Mr B Baxters Baxter's Ka antl-Ka Kaiser anti dispatch dispatch dis die patch Mr Jones read copy on it before publication The headline on the Baxter- Baxter Jones story is Kaiser Beats Drum for Again Again for Kaiser which gives some idea of the tho gener general l tone of ot the piece Inasmuch aa M Mr Jones still sUlI swings tremendous tremendous do dous Us Influence around Washington's Washing Washing- tons ton's lending agencies the following following fol tol- fol- fol lowing ex excerpts erp may explain why Mr Kaiser Kaler isn't getting to first base in his lat latest st deals Henry J. J Kaiser always a fast man with an idea has adopted the atomic bomb to further his desires for government government govern govern- ment war built facilities at bargain bargain bargain bar bar- gain prices Mr Kaiser appeared appeared ap ap- this week at congressional al hearings on the disposal of ot steel making facilities in in the west and argued that the atomic bomb made it necessary to decentralize decentralize decentralize de de- de- de centralize the thc steel industry for tor forthe forthe the future welfare and protection protection protection tion of oC the United States to say nothing of Henry Kaisers Kaiser's own fortunes Mr Kaiser i is Is' one of the nations nation's nations nation's nations nation's na na- na- na tion's industrialists who found it both easy and pleasant to operate on government money during the war period and at very large p profits A As long as ashe ashe ashe he had access to government funds he was not only willing but anxious to enter ertter any field of production He discovered that by malIng making makIng mak mal ing a lot of nO noise noise noise-at le-at le at which he heIs heis is adept adept It it was vas possible to enlist enlist en en- list Hat considerable press support and persuade the war production board and other government officials officials officials of of- that he fKaiser Kaiser was such a ge genius ius that his services were always needed His influence spread beyond V P B so that eventually he heWal waa Wal able to drop his Ws ideas and ambitions into Pr President ident Roosevelt's Roosevelt's Roosevelt's Roose Roose- velt's ears almost at will Mr Kaiser persuaded a great many people that he wa was almost as good as he thought he was him him- self Actually Mr Kaisers Kaiser's wartime wartime wartime war war- time operations were not marked with as much success as they were with no e. e He did build alot a alot alot lot of ships and made a good deal of money in the process but he did this in a period when the maritime commission was awarding contracts on a n. fixed fee basis a system under which a a. shipyard operator could not lose money but was assured avery a avery avery very substantial profit After describing in detail Mr Kaisers Kaiser's ventures into the steel airplane and magnesium fields which he minimizes and decries Mr Baxter concludes None of these unfortunate adventures appears to haved have d dampened Mr Kaisers Kaiser's enthusiasm Mm for tor being helpful at government government govern govern- ment meat expense He beats beaU the drums as ag loudly now as he ever eyer did I He Is out to save the west coast now that the nation asa as asa asa a whole Is no longer In danger and he Is sure that Henry Kaiser J is Just the man to do it H He E. still believes believe that he can operate operate operate oper oper- ate better on government money than anybody else eIse |