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Show Merry-Co-Round By DREW PEARSON and ROBERT 3. ALLEN WASHINGTON Those interested in know-ing know-ing Roosevelt's point of view on the business recession should do a little reading on the light in 1832 between President Andrew Jackson and the monied men of New York and Boston who then controlled the Bank of the United States. Roosevelt is a greut student of Jackson, adopted the slogan "new deal" from one of Jackson's speeches, frequently quotes to his inner council, chapter and verse from Jackson's fight with the bank. Roosevelt considers his quarrel with big business almost identical, and here, very briefly, is the history of the Jackson fight: The Bank of the United States had become the citadel of big business at least in the eyes of western farmers and eastern labor from which Jackson drew his political support. During his first term, Jackson attacked the federal bank, charged it had conspired with other bankers, newspapers and business leaders to depress economic conditions, scare small business men, influence the country against the Democrats. There was some truth in this. Nicholas Biddle, president of the bank, told the head of his Boston branch that "nothing but the evidence evi-dence of suffering will produce any effect in congress." "This worthy president," announced Biddle. "thinks that because he has scalped Indians and imprisoned judges, he is to have his way with the bank. He is mistaken." Supporting Biddle and led by Henry Clay, congress rebelled against Jackson in 1832, renewed re-newed the bank's charter for four years, whereupon where-upon Jackson took the bank's funds and placed them in "pet banks." Jackson took the fight to the country in his reelection campaign, and was sent back to the White House by a majority bigger than any previous or succeeding president except Roosevelt. Roose-velt. Deadly Parallel Among his close friends, Roosevelt compares his own reelection with that of Jackson's, and the present rebellion of congress with the revolt against Jackson. His personal belief Is that some big business leaders (though not all) ganged up on him and staged a business sit-down strike to wreck the new deal. Now their strike has gotten completely com-pletely out of hand, and, he believes, they are panic-stricken over the havoc they started. To say that Roosevelt is angry at big business is to put it mildly, but he has told the inner council that the only thing to do is to cooperate with business until it can be pushed back on its feet. Stuffed Deer During Senator Joe Guffey's hunting party in Pennsylvania, there was one deer shot which was not brought back to camp. It happened this way: While the senatorial nimrods were waiting for supper, a guide sidled up to Senator F. Ryan Duffy of Wisconsin and whispered: "Senator, "Sena-tor, here's your chance to get a deer. There's a big buck feeding behind one of the shacks. Get your gun quick and I'll take you down." An enthusiastic huntsman. Duffy had been sorely disappointed by his bad luck during the day. So he grabbed his gun and dashed outside. Sure enough, amid a clump of bushes he saw the outlines of a big deer. Taking careful aim. Duffy fired. But nothing noth-ing happened. Excitedly he fired again. Still nothing happened. He raised his gun the third time, then halted abruptly and turned around to find his colleagues writhing with suppressed laughter. The deer which the senator from Wisconsin was firing at was a stuffed head propped up in a barrel covered with gunny sacks. Diplomacy and Labor The state department's career boys suddenly have put a fumbling finger into the row between the CIO and A F L. They are taking a hand at the deportation of Harold Pritchett, president of the International Woodworkers of America, who is to Portland and Seattle what Harry Bridges is to San Francisco. Pritchett is a Canadian, but heads the! lumbermen lum-bermen of British Columbia. Washington. Oregon Ore-gon and the northwest Admitted to the United Suites on a temporary visa, already two efforts inspired by the A F L have been made to oust him. Each time, however. Miss Perkins has intervened. Now for some mysterious reason, the state department bovs have come into the picture and say that Pritchett will have to go back to Canada by December 21. and then go through the red tape if he can of reentering the United States with a permanent visa. (Copyright, 1937, for The Telegram) |