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Show INSIDE 1 STUFF Politics ( and Finance lOesrrlabl. atsOlar Weewaast Br sales. I WASHINGTON By Peal Malla Th Bapakllaaa la eeagreia are raaalag eat a Mr. Hoover la eeb-alaatial eeb-alaatial aaaeera. He eaaaet eeaal aa his aersaal Repeblleaa aapaert la tee vetoes that are to eease before March a. They f if are a a da thea a geed any anra. Hie power ef apeelalaiaat haa beea lake away by the aenate .Deaaeerate who have refaaed to eeav llrai any ef a la aeailaaaa. He eaaae after aay joke to hi breed ef lease darks. AJae the bars whe aspire to fatare aaeeaaa read the last electleai reteme stack Mere eleaely lhaa yea fcaew. e e e The underlying feeling waa forcibly 1 lustra ted when he waa over-ridden on the Philippine independence bill If he had vetoed that bill prior to election he would have been sustained In both houses. The roll calls prove it In the house El Republican voted against him. Not more than half belong be-long to the rebellious farm bloc. The rest are old guardsmen who ordinarily support Republican praaident at any price. In the aenate It Republican opposed op-posed th president Nine were not members of the farm bloc. The presidential presi-dential opposition included Assistant Republican Leader McNary In the senate and Republican Whip Bach-man Bach-man of the house. e That aaay be ene a( the reaaeaa why Mr. Heever begaa to bara ap bis papere thh) week. The White Heaae lawa waa Uttered with paper ash I rem the Incinerator la the exeeallve efflee. Mr. Heaver peraeaally picked eat the thlaga to be barned. He did aet bara then himself. That task waa eatraated 4 Mi peraenaj ateaegrapner, M 1m Shaakey. She watched each letter ge ap la erneke. . These whe have talked reeeatly with tha evocative aay he haa gtvea ap heae ef being able to aaeeaipllsh anything before his teres expiree. Neea March 4 eaanet cease toe aeea for bias. e e e The drive for beer and repeal hat slowed down to a walk. The reason Is that everyone knows there is no chance of getting legislation leg-islation at this session. The measures will certainly be voted on in the senate sen-ate before adjournment and probably passed. A beer bill may go to the president He is ready to veto it and it cannot pas over a veto. Repeal cannot get through the house. Action will com when th Democrats Demo-crats take over. e e a A aether eaaa where Mr. Reeaevelt get hie wires ereeaed with a caller b veived State Secretary Stlaaaea. Whea Stlmsea retarned frees hla Beeeevelt visit he notified all aaliaaa that the Heever-Stlmsea for eaatera policy waa still la affect, Ha referred to the policy ef aeareeegnltiea ef atatea J aelsed by force. ' That carried tha etaar Impllcatlea that Mr. Ileoeevelt weald fellow the aellcy. The aewspaper atea did a little eneeplng areaad aad wrote aathentie pieces that Mr. KaasavaH had told the eeeretary ef state the palter weald be eeatlaeed. It leaked eat threagh lereiga asabaaaadera, who get the word frees Stlaaaoa. Mr. ReeaeveH'e eenuneat waa dlp-leaMtieally dlp-leaMtieally evaalve. All ha weald aay waa that American palicy eaast be feaaded ea tha aaaeUty ef la-teraaUeaal la-teraaUeaal treaty. The Heever-Stlsa-aen policy Is a doctrine, aet a treaty. That appareaUy leave Mr. Baass . velt'a free agala. e e But from unquestionable sources comes word that the policy will be continued in principle. There seems to be nothing -else to do. It hss been utterly Ineffective. Japan was not stopped in conquering1 Manchukuo or in spreading Into Jehol by the threat of nonrecognltion. Nor has the threat been effective in the Chaco case in South America. Nevertheless, then are those who believe it may pan out better in the long run. They believe the day will come when Japan will be sorry we did not recognize her kidnaped Chinese baby. Unquestionably they arc proceeding proceed-ing at present in the knowledge that no policy short of war or a boycott that might lead to war could possobly be effective. e e e The farm bloc boy have been trying try-ing to find the fine Italian hand of Eventt Sanders somewhere in the lobby against the farm bill. They are still looking. Th chairman of the Republican national committee was counsel for th grain trade before he led the Hoover Hoo-ver campaign. He has not been in evidence anywhere in congress during dur-ing the farm dispute. Th grain trade did not officially take the warpath against the bill in th house. It haa always played IOentlauedenPase Twei INSIDE STUFF Politic; F inane ; fOsallased Pleas Pase Oas) ball with the farm board. Some of the grain interests hsve been active against the bill, but not In the organised or-ganised way in which the packers worked. e Dairy products will probably be included In the final form of the farm bill because they cannot get the bill pesaed without support from th dairy tataa. Rise and peanuts probably will be thrown out because the votes of those states are not needed. e e e Th Bay American blU saver-Head saver-Head the eaaaaaiga In the Hearst nawsBsaera, bat did aetata erne. With RBaessr Oarner paid art ka assail e bears a eaespalgn debt te Mr. Hearat The taker an the kill as the pre-vislan pre-vislan Ikal Use government pareaaee Amarlean nredsela eseepa when tfcey smn at be readily ebtalned and when law petee as tee high. That waa eaestly the ral Before the kill wa Baased. see Mr. Hoover haa not yet decided what he will do after he leave office. of-fice. , . That announcement denying he Intended te do any writing was mad In order to keep the publishers off bis neck. . . They hsve been swarming swarm-ing around the White House lately . . . It doee not necessarily mean he will eschew the pen. , , First prise for the moat embarraainf question of th week foe to Republican Floor Leader SnalL . . He asked why the house passed a bill authorizing $75,-000.000 $75,-000.000 for crop loan extension along with the allotment bill proposing to prevent crop extension. NEW YORK By Jaeaea MsMallln Be.. amities of the Soviets or eea-tusaatlen eea-tusaatlen eg taw Raever-atlaaaan pet-lay pet-lay Is aasaaaed te be she ebeiee before Mr, Rssesvolt, There are elese friends here ess belle the he haa a new . parts re ka has salsa, seealatiea ea to was Ula peltey UI makes seed eesi versa ties. Chancellor von Schleicher as lunch-ton lunch-ton host to Dr. Schwartz, the German consul In New York, stirred comment In Berlin. Lunch hour is reserved for big-time appoinmenu. On this dsy American public opinion was ace between be-tween the two men. Friend say the chancellor haa ahewn keen Interest In debt questions and as to the affect hia vigorous policy of rearming Germany Ger-many might have an American-German relations. Appointment of a eeeretary of the mtertsr stem the west, preferably C el Kerala, had aaaeh af Beaaler-elesl omr plans in th administrative departments. de-partments. e e e Final analysis of the election by counties show an amusing sidelight Hoover carried only one county on the entire Pacific coast Thst was Benton county in Oregon named for one of th most active Democrats of history. Incidentally, this Is two less counties thsn Hoover carried In th state of Georgia. a a e New York hears rumblings thst drastic debt legislation Is on the way from the legislatures of several western west-ern states. Specifically, there is a port thai Iowa may declare a general gen-eral moratorium on all long term debt. The financial district Is wstrhing development elosely, as such action would have deep repercussions, see Local business men are still counting count-ing on a shortage of processed goods ' tn hrins about a trade revival thia MeAdee. atteauea while east. The death ad has wtfe-e slater, Mrs. Say re, haa earn 1 tested lbs rose very ef Mrs, MeAdee frees an oseraUen, PsUtteal plana ware aeraasaled by the saa-s4ar" saa-s4ar" pleased early re ism se the a east see Would Governor Brrd of Virginia Inherit the seat of Senator Glass it a cabinet place were the senator's choicer Yea as probably as he would replace Senator Swanson if th lightning light-ning struck there, see Three major coming railroad difficulties dif-ficulties are worrying the experts. Missouri Pacific has a large maturity coming and will be unable to meet It If present requirements for collateral collater-al are maintained by the R. F. C. Foreclosure would help no one, as th pari of the road on which the maturing bonds are a mortgage could not be operated Independently and it Is not vitally Important for continued con-tinued operation of the M. F. system. Great Norte rn. despite a strong position, cannot meet ita $40,000,000 maturity. Aa amicable settlement will be difficult to reach, aa bondholders are convinced that eventually they can get 100 cents on the dollar. It may prove Impossible to get the majority required by the Interstate commerce commission to assent to a compromise. Th Chicago Jk Northwestern situation sit-uation could lead to an old-fashioned receivership. Radical government action ac-tion may have its roots here, a Whatever differences of opinion the Democratic leaders may have, they the united on one thing. They are agreed that Mr. Roosevelt shall be given complete authority and responsibility respon-sibility for carrying throufh hi econ- year. Normally six billion dollars worth of Industrial equipment is ordered or-dered each year. The figure dropped to one billion In 1832. This does not include automobiles, radios or other' article for domestic use. ess Mr, Raaasvslt waa "shocked recently re-cently ever the sales las beeaase he haa that earmarked far ass by the states. He is aadersteed here te think It will easklo develepaaeat ef lower reel estate and ether taxes. Later en it might aeeease a asaree tor federal roves ee alee, aa with the gasoline tax. see The liberal Mr. Eastman and two other members of the Interstate commerce com-merce commission are supposed to have had breakfast here last week with Mr. Roosevelt They went over the railroad plans. 1 The situation has been complicated by the activities of bankers imploring the president-elect They are the ones who are holding up the reorganisation reorganisa-tion plans in hopes of getting what they want, a a What the bankers want Ir (1) First line securities validated for two years or so as to Interest charges by the government: 2) Second line written down at 2 to $ per cent interest Instead In-stead of present 5 and $ per cent and (2) Wipe out the fringes of hopeless overlosding. Thst would be tine for the bankers. bank-ers. It would never get past the 1. C. C. or congress. see The bankers claim their scheme would lift bond prices from 10 to 50 points. Every potentially sound bank and Insurance company cbuld put Its finances in order at once. The threat of crashes would be removed re-moved and some upward impetus might be furnished to business. The roads have no more collateral, so the government would have to take notes. That look to the opponents of the plsn Just th same as handing the government gov-ernment an empty paper sack, e e e In the best bsnking circles you will hear that they have organized with the insurance companies to kill lnflstionary legislation. They are confident con-fident it Is as good as dead right now. They have had some surprises In the past and may have another one In about six months January 1, 19M, all private motorists shall accompany their applications for automobile licenses with sa application ap-plication for insurance and that hone shell drive without a lisbility policy or bond. Failure te comply would re- |