Show TilE DAILY NEW YORK Fin Financial a Whirligig ir Ii gig Written tn for o The Th Telegram By J JAMES AMES McMULLIN NEW YORK YORK Generals Generals of oC New Yorks York's anti anti- new deal army are working hard on a plan of attack for a new front It involves stirring stirring stir stir- ring up friction in the presidents president's official and semiofficial families S There are two main targets One is Postmaster Postmaster Post Post- master General Fancy Farley Every possible weak link in Farleys Farley's armor is being exploited to foment discontent in Democratic ranks The big gun in this assault is Farleys Farley's handling of patronage and his failure to recompense the faithful Other active pieces in the battery in- in dude the McKee fiasco the current party split in New York state and the airmail controversy Many local conservatives believe that discrediting jUng Fancy Farley would be an effective step toward undermining the whole Roosevelt m machine The second objective is to stimulate the alleged al- al clash of philosophies between Secretary or of the Treasury and Secretary of Agriculture Wallace Vallace Informed conservatives insist theres there's a gulf guU between these two wide enough to hold a fleet The story runs that is satisfied with monetary measures as an adequate pay pay- ing for the recovery road and that hes he's hostile hos- hos tile to the regimentation of agriculture and industry especially as expressed in Walla Wallaces Wallace's es e's pet A A A. A Wallace iJ j said to regard a planned economy as the key to everything and to view monetary remedies as strictly the bunk Note that the angle attributed to Morgen- Morgen S tha corresponds closely with the ideas of the Committee for the Nation Nahon while the slant attributed attributed at- at to Wallace is in line with the alleged socialistic brain trust aims which conservatives conservatives conserva- conserva tives of oC all shades are rallying to overthrow New Face in Picture There is supporting evidence for the supposed supposed sup sup- posed Wallace rift in the activities of Edward Babcock Hes He's a former Cornell professor pro pro- lessor fessor who worked with Professor Myers last year ear in the federal farm credit administration Babcock also is known as the successful organizer organizer or- or of the powerful Grange League Feder- Feder a New York state farm organization But the main point is his association with the American American Amer- Amer ican Agriculturist Agriculturist-a publication formerly owned by Its It's known that Mor- Mor and Babcock are close friends The Agriculturist consistently and vigorously vigorous vigorous- ly attacks the policies of the agriculture department department de- de and particularly the A A A. A On the monetary side it has supported the Warren pal pol- icy The idea is that Babcock is unofficially presenting s viewpoint Publisher Frank Gannet and Edward Eastman Eastman East East- man are associated with Babcock in the Agri- Agri Eastman was formerly unofficial adviser adviser ad- ad on agricultural to Franklin Roosevelt Roosevelt Roose- Roose velt as governor of New York and is now serving serving ing Governor Lehman in the same capacity The sectional question figures in the plc- plc ture Conservatives contend that eastern farmers farmers farm farm- ers generally follow the Babcock idea while the westerners are arc supposed to be more in accord accord ac- ac cord with the Wallace Wallace-Tugwell layout Conservatives Under Fire New York is watching labor developments closely Local i see the right wing of the American Federation Green Viol Voll etc as on the spot because Its leadership has s failed to tomake tomake make the most of its opportunities in the National National Na- Na Recovery act They also contend that labor conservatives m made de a mistake in freezing out the wingers left instead of drawing them into the organization n a la Ia Roosevelt It Its It's llly generally agreed that labors labor's status will remain remain unsettled and troublesome until a new nev leadership probablY develops from the left eft Many corporation heads wo would ld prefer to deal with radicals who have real authority over their followers vers than with the that powers in their present weak position Capitalists concede that John L. L Lewis pulled a smart one when he got General Johnson to ordet higher wages for coal miners It was the biggest concrete gain Jain labor has registered in months even though the southern operators are still holding ot Many New Yorkers believe be- be lieve that Lewis Lewis' star is due for another rapid rIse Sates Sales Promotion The U. U S. S Chambe of Commerce National Automobile Chamber of Commerce and insurance insurance ance interests are working on a nifty educational educational plan It involves national adoption of a high school course to teach all children to drive cars of course in the name of safety Its It's understood that Secretary Roper has privat ly indorsed the plan and will sponsor it officially But the organizers lilt hit an unexpected snag when they attempted to enlist the aid of the teaching profession Teaching conferees remembered that the U. U S. S C. C of C. C had a lot to do with reducing educational appropriations all allover over the country and threaten to remind the public that its it's a swell gratis promotional stunt for automobile sales and insurance profits as weB as for safety Copyright McClure Newspaper tj ti |