| OCR Text |
Show I WALL STREET VIEWS By James McMuffln, Financial Observer NEW YORK At the time of Anthony Eden's visit to this country, coun-try, early in December, this column col-umn predicted that he might become be-come the next British ambassador to the United States If he registered regis-tered wall. Watch for an Important Impor-tant announcement from London long this line in the near future. The British diplomatic) service Is a "career corps," and it Is contrary con-trary to strong tradition to name aa "outsider" to an important am-baseadorial am-baseadorial post But thsre are cogent reasona why an exception may be made In this instance. It is of vital Importance to the Chamberlain government to cultivate culti-vate the closest possible relations with the United 8tales. The problem is pointed up by the prospective retirement of Joseph Jo-seph P. Kennedy aa our ambassador ambassa-dor to London. The British worked hard to make a 100 per cent Anglophile out of Joe. They seem to have succeeded pretty well, but now It looks aa if all that effort may have been wasted. The Ingratiating Anthony should be able to sell us on the "common ideals" of the democracies and the urgent need for Anglo-American cooperation if anyone can. Many Americans still regard Eden as a hero because of hi break with Chamberlain on the question of "appeasement." But wise observers say that the differences dif-ferences between them are today much more imagined than real. Eden isn't likely to refuse the post If It is offered. It wouldn't hurt his ultimata ambitions at all. Ons of the least publicised and moat influential New Yorkere behind be-hind the scenes is Frank AlUchul, partner In the leading International Interna-tional banking firm of Laxard Freres. Mr. ARschul was ons of the most powerful figures in tha "old guard" set-up of the New York stock exchange. Apparently he was swept to oblivion with the rest of the "old guard" when the exchange's reform regime took over last spring, but the loss of his former .dominance in stock exchange ex-change circles hasn't cramped his style a bit. Sources in a position to know say that Mr. AlUchul ranks among the half dozen most potent people In the backstage Republican picture. pic-ture. Officially he is identified only as an ordinary member of the large and futile Republican program committee. Unofficially he has extraordinarily wide and effective contacts among G. O. P. leaders all over the country. Curiously, Curi-ously, he has much more Influence In national party affairs than he has in the New York state or city Republican organizations. Moreover, as Governor Herbert H. Lehman's brother-in-law, he has more than a slight foothold In the Democratic camp also. Mr. Altschul has a quick and penetrating mind, unbounded energy en-ergy and strong Ideas on many subjects. Above all else, he Is ln-tensely ln-tensely practical and realistic Hi feet are always oa the ground. ... He Is one of the party's moat auocessful backstage money ran- ,-. era, which accounts for part of his influence. His personal success suc-cess In the financial world and his exceptional International connections con-nections are no handicap either. It'a a sefa bet that he will play a Urge part In shaping Republican destinies for 180. Informed financial aourcea say that the removal of Dr. HJalmar Schacht from the presidency of the reichsbank may perhapa be attributed more to personal factors fac-tors than is generally assumed. Without belittling Schacht'a extraordinary ex-traordinary abilities as a financier, finan-cier, New Yorkera who have known him for years say that he Is rather vain and loves ths limelight. lime-light. His negotiations with George 8. Rublee, American director of the intergovernmental refugee committee, com-mittee, were, for example, conducted con-ducted to the accompaniment of ' -statements to the press." Many of these communiques were probably prob-ably issued by Schacht without bothering to consult anybody alee. That sort of thing doesn't sit well with the strictly disciplined government gov-ernment leadership st Berlin, The sams personal qualities which cost him the presidency of the reichsbank reichs-bank once before have evidently contributed again to his downfall. Nonetheless, most competent banking observers regard tha loss of Schacht'a services ss a serious blow to Germany because of her mounting economic problems. The crack Is heard that President Roosevelt would be smart to trade Marriner Ecclas for Schacht Ec-cles Ec-cles philosophy of government finances fi-nances would fit perfectly with the current nasi program. From all reports. ex-Kaiser Wll-helm's Wll-helm's eightieth birthday yeater-day yeater-day found him still enjoying excellent excel-lent health and following current eventa with tha keenest interest Insiders aay that he remains as unpredictable as always. People-who know him Intimately Intimate-ly say ths former ruler is convinced con-vinced that the year '40 for aeveral centuries past has been a fatal one for the bead of the house of Hohenzollern and that ha himself . is due to die in 1040. The first reigning prince of the , family was Frederick, Count of Nuremberg, who died in 1440. The first real ruler of Prussia ascended the throne upon the death of hie predecessor in 1M0; he was Frederick Fred-erick William, known as ths Great Elector. Frederick William I, the father of Frederick the Great, died in 1740. 1840 taw the end of Frederick Fred-erick William III, who reigned during Napoleon's European conquest con-quest Copyright 1639. for The Telegram |
