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Show INSIDE 1STUFF Politics and Finance snssvrlsbl. MeOtefa nrmmtwrn amdleate. WASHINGTON By Mailed ' - MM ban er sails cost gr scalane I resec Things an never 4mm m erade-ly. erade-ly. Im eeagresemea bar beea lav flneneed ay gifts af ataca frees eerpe-reUeca, eerpe-reUeca, kat nd I Mm aaed la these seeders daye a flaesse. Sergeant-Arsaa Barry ef the senate sen-ate waa anlr doing a UtUa bhuIm reaaaaelng wan be wrote "there ara anlr a law crocked eeagreeesaea la Washington wha weal sell tbabr vete an4 they ara wall known." Barry handlee a raal eatete kaal-Baa kaal-Baa a tba aide. Baainaaa baa bam bad reeenUy. He taak te aaagaalne . writing aaa lava his stories ha4 te ka semaliesutl la eelt That appear U b a kaal all tbara waa behind kla charge. a a a An actual story of vota influancini that occurred within tba last few years will five you an Idea about how thou things ara really done. Mantes cannot be used, because a district dis-trict attorney let the poor congressman congress-man (o without trial after he waa Indicted. The confession comes from, his own lips. He was a skilled laborer In a small eastern town. The political boss of the town saw him pass a hotel one day and called him in. The boss said: "My boy, I am going to send you to congress," con-gress," and he did. The congressman had no experience In politics or anything any-thing else, except glass blowing. Eventually he became chairman of a committee which had jurisdiction ever certain real estate matters. ' The head of a large real estate promotion pro-motion firm came te hhn and asked for the use of his name as director of the company. He saw the names of some other politicians on the directorate direc-torate and finally consented. He was to receive no salary, but was-to have a drawing account. His wife liked bridge and poker, and always lost He did a little high- flying himself after he found be could "" write checks' for MX) on the- drawing draw-ing sccount and gat away with It The end of his pleasant dream came . when officials of the company, uv eluding himself, were indicted for fraud. He had no more idea about what the company was doing than you have. Prosecuting authorities found that out and let bim go, e a a As a whole, congress Is thoroughly honest, inside and out Members are usually very strict about accepting ' grsiuiues Decause n puis inem at ine mercy of the giver.- Lobbyists like nothing better thsn to get something on a member In that way. Only fools lay themselves open to such an. in- anity. In esses like that. It Is almost Impossible Im-possible to obtain conclusive evidence. evi-dence. The real trouble with congress Is not thst votes are bartered for cash, but under political pressure from organized or-ganized minorities. e a e , Tbe B. F. C. la palling aU passible Inner wlree te etep eesurreaaieBal Inquiry. It appears la be tberoaghly areeaed. A beard asember privately confessed con-fessed te a congressman that the corporation cor-poration waa "feeied" ea tbe leaa te the llalen Indemnity eesnpasrr. Be claimed tbe eerpereUea Itself waa eeav darting aa Inqairy Into the aaatter and might take aetlea. Far that reason he asked congress net te take steps then. e e e There are strong Indications the corporation was also fooled on e number num-ber of other loans. It also did some fooling on its own account That is the only possible excuse tor the wey It misled congressional investigators On the Dawea loan. They were informed in-formed all along that General Dawes took only one-third of his $90,000,000 loan. Months later they learned he got it all. The deception was used to stop an inquiry at the opening of congress. i i Continued on Pass Two) INSIDE STUFF i e; Politics, Finance d (Oeatnsaed treat pace Oeel Now It If proving to be I boomerang The root of the trouble seems to be more th blundering policy of B. P. C officials la trying to handle congressmen con-gressmen than In any basic wrong in tha general run of R. F. C loans. From th published and unpublished unpub-lished facts now known, you can not tell whether an Inquiry is warranted. Probably It la not. B. P. C. officials are whispering to congressmen that an Inquiry might disturb the banking situation. That also I a matter of opinion. The only thing that has stopped an Investigation In past Is that a man of the integrity of Senator Couzene conducted a cursory Inquiry and announced an-nounced the corporation was o. k. so far as he could leern. He saw nothing but th bookkeeping entries of loans mad. o e The airlines tried some neat strategy strat-egy on th senate but it failed to work. The two moit outspoken opponents of airmail expenditures are Senator McKellar of Tennessee and Glass of Virginia. There were no Important airmail lines In their districts. Glass once sid h did not see why letters hsd to go so fsst An slrllns lobbyist conceived the Idea of putting a line Into their territory. terri-tory. Arrangements were announced for thrice a week service) to Lynch-berg. Lynch-berg. Ve. (home town of Senator Glass), and Knoxvilla and Nsshvilie. two important cities in McKellar'a tats. This was done only a few days before the senate voted on renewing airmail contracts, see MeKsllar and Qiaos veted against eeauaalng existing airmail expeadi-tares. expeadi-tares. BeeaJeitraaey ef Heavier Olaas kj al least partially behind this 0elay la aaneaaeiag the key atesaeers af the Beessvelt eaklaet. The wklaaer abroad la centres Is that Olaas wants to knew at leas two things before be accepts the treasury-ship. treasury-ship. Oae la whet la going to happen to the Glass hanking kill In the beaaa. The ether le who hie trees ary asals-aats asals-aats are going to be. These eeaditieeai aheald net be for-saleable for-saleable eeetaelea to hi alUama ae-ssptaaee. ae-ssptaaee. a When Al Smith spoke of .th coming com-ing rsil commission meeting he asked newspaper men here to "mention the fact that it will be held In the Empire State building".... Chief Justice Hughe I reported to be indignant oyer burlesquing of the supreme court Id the mutlcsl show, "Of Thee I Sing" .... He think they went too far in having Justice do clog dsnc wearing wear-ing whisker extending down to the floor. ...A farmer m the middle west wrote to the National Geographic board here asking how he could protect pro-tect the name of his estate, "Krum Elbow," fsom being taken up by everyone. every-one. ... He was disturbed becsuse Mr. Roosevelt' Hudson river eitete hsa tha asm nam. . . .To board could do nothing for him....Sergesnt-st-Arms Barry thought his Outlook charges would not be printed In the magaiine until after he left office March 4.... That would have saved his skin.... Twenty years ago as a newspaper reporter he wrote a story ' about a certain senator being drunk ' on the floor. ...That caused considerable consider-able excitement also. e e NEW YORK i By Jamas MeMalUa not abandonment of the domestic gold standard) as a means of combating th trade Inroads of England and Japan. a a e But for his being a New Yorker, Jesse Straus' desire to head the department de-partment of commerce might be fulfilled. ful-filled. Daniel C. Roper of North Carolina Caro-lina is believed by his friends to be In Una. Straus Is likely to be Importantly placed outside the cabinet. (Copyright, McClure Newspaper Syndicate. ) aauay MaePsasld's malaxates la Leaden expect him to visit Washington Washing-ton early la the new administration bat net to talk debts. That weald be impractical at the moment. Waya and meaaa ef Hfttag the depraealea an likely to be epperaaeat fee dlseasslea. Utile eaa be dene definitely ealil a reedjaotaaee ef tariffs, baa farthered a resamatlea of trade. The flew ef trade will alleviate the depreeslea and areal eeadiUeae ander which the debt sHaatleei aheald be manageable. Scotch legle flada that eeqaeaee attractive. e e England Is still piling up gold credits. cred-its. Officisl are silent on details, but more than M million dollar has been bought or earmarked for British account from th United Slate in th past two week. e The projected New York state legls-lstlv legls-lstlv Investigation of tha Morgan utility groupe with special attention to Consolidated Gas and its New York City subsidiaries has all tha earmarks ear-marks of a nast whitewashing act The resolution to investigste was Introduced In-troduced by Senator Kleinfeld of Coney Island. He is known ss a faithful faith-ful and obedient Tammany wheel-horse. wheel-horse. He once incurred the wrath of the Citizens' union by snpnsoring a city planning bill which he afterward enthusiastically helped to kilL The point I that Tamrnny nd th utility Interests in question era far from mutually hostile. Their dose relations re-lations over a period of years have benefited each other If not the public. pub-lic. There could be no possible advantage ad-vantage to either la busting up this ar of good feeling. The motive for a current whitewashing white-washing Is a trifle obscure, but informed in-formed insiders figure it out this way. Soma of tha companies Involved are known to covet properties now owned by competitive systems. If an investigation investi-gation showed that they were pure and a later inquiry applied a tar brush to the competitors. It might simplify acquisition ef the properties. Meanwhile rumors of rate reduction reduc-tion and investigation are softening the price of Consolidated Gas stork. The possibilities of a profitable pickup pick-up tor Insider should not be Ignored. a Th rate rumors plus th anticipated antici-pated utility policy of the new administration admin-istration have caused uneasiness. Several Sev-eral investment trusts were unloading Consolidated Gaa rather heavily last week. a Wall street reaction to the Roosevelt "pipe dream" for tha Tennessee vslley was sharp and savage. Earnest hopes are privately expressed that the cup and lip adage win bold food, a e e Tha sensts committee will get an earful of antllnflation talk from the New York banker on th list of 92 notable cltixens invited to tell how to save the country. AJdrkh, Reynolds and Lamont have strong convictions on th subject Harrison of tha New York federal reserve stick to his credit Inflation policy, but Is dead against maneuvers with the. currency. The banker chosen represent Morgan, Mor-gan, Baker and John D. Rockefeller interests. National City's a been coin co-in view of it prominence In the (inn-clal (inn-clal picture is the outstanding subject sub-ject of comment The dearth of technical tech-nical economists Is also noted. One of the New Yorker will suggest sug-gest aa embargo oa gold export (but |