Show INSIDE I H STUFF PAUL MALLON l I r By WASHINGTON April There 28 is isI isa I a little truth in what the Wall streeters street street- er ers and the liberals are arc saying about i. i each tach other on the front pages every everyday I day day but not much Their excited allegations are mostly most ly h old fashioned ballyhoo for theIr opposing sides in Streets Street's in the struggle le leI I Ballyhoo Dots Does over the stock Little Good market bill The Wall Vail streeters street street- ers probably arc spending a lot ot of otI I money as the liberals say ay but it itU itis U is not doin doing them much good The advantage is all with the liberals They have key men in congress with whom the they work directly The Wall are arc working with perhaps hall half n a dozen congressmen n no more who dare not openly c espouse powe theIr I cause 0 The WhItney WhItney-Redmond stock ex cx- change group operates from a downtown down down- town hotel but is round around I the capitol The Corcoran COhen lib lib- eral cral leaders cheerleaders march into coun coun- with wilh Chairmen Chairmen- Fletcher and Ray flay bum buin o of the senate and house corn com I even cen going coin to the extent of writing statements for Fletcher Their ace acc undercover worker however is 1 Senator Jim Byrnes Byrn the South Caro Caro- I llna Ina Nonpareil who covers the floor of cf the senate for them Their major influence however is 1 Bertha their affectionate name for President Roo Roosevelt All this thio lobbyIng they do in the theof I n e o of the people without spending r. r ra dIme 1 0 0 0 r The poor little rich boys fron Wall l reet have been doIng p. they could do to beat that lineup t t hey ey started out b by up every h hJ J f on PUe Pase Two 1 INSIDE I i DR STUFF from Pete Pare One of every brokerage housea house a the country to wrIte and wire congressmen Lately they have branched out getting ers to bring pressure ure on 01 th the cong congressmen That is' is probably Congressmen 1 legitimate e g i t i mate beVery be- be Very Skittish cause every man Of Money Men n act ter who is' is ed stock Is af by the bill The liberaLs recently made much of this phase of Wall Vall street lobbying when Rayburn discovered that lain uin amendments offered by the manS man really had come from the stock marketers marketers' ma ma- mas chine The trouble with the Wall street efficiency is that most cn would jump up and run it if they saw sawa a Wall streeter that lE is U it they thought anyone was looking S All the charges and counter charges charge will wUl boll boil down in the end to exactly nothing A strong market bill biU will be pa passed ed within the next 30 days Its major provIsions will not nol be written In either house of congress The real work will I b-I be done later In a conference con con- ference of committees r presenting both houses The way things arc shaping back back- stage now the howe house margins pro provi- provi vi Lions ions with tome modification will vill finally prevail IS as ili enate In in- idea Tha may ex expect ct a minimum mini mini- mum mulTi margin requirement of at 35 to 45 per cent and the market will be regulated by a federal comm ion of three to be appointed by the dent Wall street will not like this but Jt It can n work under such an arrange ment- ment S S S The best answer Mr figUred fig fig- out to the Wirt furry WU was to take uke Barney Ba Mr Roosevelt ruch to 10 the base base- Uses Baseball ball game Pub For Wor experts con con- it a mas Pictures of the president tossing out the first ball always get el wide pUblic circulation aid lI d. d in them hem this thIB year Mr Baruch sat at the right hand of at the It H was wa the first time he had been invited to the th White House In a long time S S Speaker Rainey and ad Floor Leader Byrns have been working furiously on OIL the administration legislative pro pro- program program gram since the story got out that Mr Roosevelt might change leaders next year rear Their feverish activity hL has not only virtually kill McLeod bill bilt ob ob- to Nt Mr but also is having an influence on silver Rainey always alwa's h has been a brazen but lately the sIlver bloc hiLS been complaining that it is unable t get a word out of f him on that sub sub- ct ct I o 0 S NOT S' S You can an bet your last cent that Ger many wilt not get export credits here hare hareas as long as she continues continue hor Interest defaulting policy on her bonds Those Who are working out the export polIcy pol pol- 1 Icy y are arc agreed on th that t. t S S 5 The rue Independent stock market commission com com- mission n Idea was considered a Wall WallI I re t vIctory at t. t but the liberals are arc coming oming around now 10 o accept It T Tiey realIze ey Mr Roosevelt will III p point the commission and their group Will be represented on it Copyright t 1934 for foz The |