| Show MONEY MARKETS MAR By James McMullin The Telegrams Telegram's Exclusive Observer Along Wall Street NEW YORK YORK Here Here are five nominations for an an American all list of people worth watching during during during dur dur- ing the new year The men we shall mention differ differ differ dif dif- fer widely as to occupation outlook outlook outlook out out- look and temperament But they have certain qualities in common common common com com- mon All of them are young f forceful and able all have achieved positions of power and influence on the stage or behind the scenes and all give promise that the peaks of ot their respective respective respective tive careers are still ahead They represent the generation rising to take over the reins of ot leadership in various field of endeavor So keep an eye on Assistant Attorney Attorney Attorney ney General Robert H. H Jackson Utility Leader Wendell WendellL L. L Willkie University President Lewis Douglas Douglas Doug Doug- las Labor Leader Sidney Hillman Hillman Hillman Hill- Hill man and Investment Banker Bankw Sidney Sid ney J. J Weinberg Jackson While Jackson While theres theres there's many a slip twixt now and 1940 Bob Jackson looms steadily larger as F. F D. D Rs R.'s potential heir ent Mr Jackson Is not as you might expect a philosophical radical His background is rather on the conservative side But he believes in the fundamental aims alms of ot the new deal and has developed into one of its most practical and shrewdest advocates Whether he gets Attorney General Cummings' Cummings job early in 38 or not hes he's a good bet to turn up as the Democratic nominee for governor of New NewYork NewYork NewYork York this fall If he clears that hurdle he will be the leading dark horse for the 1940 sweep sweep- stakes It was no accident that Mr Jackson was chosen from among all the speaking talent available to be the governments government's spokesman spokesman spokesman spokes spokes- man in an important radio discussion discussion discussion dis dis- dis- dis of government and business business business busi busi- ness viewpoints next Thursday tomorrow Willkie The spokesman for business on this same occasion will be Wendell L Willkie president president president dent of Commonwealth South South- ern Mr Willkie at 45 is already one of the nations nation's outstanding industrial chiefs and judicious ob observers observers observers ob- ob servers predict he will become even more outstanding in the fu fu- fu- fu ture He is a big man mentally and physically and a born leader As Ashead Ashead Ashead head of the company which is the principal target of T V A competition he is of course opposed opposed opposed op op- op- op posed to new deal power policies Yet he is anything but reactionary reaction reaction- ary and even his opponents re respect respect respect re- re him for his breadth of vision his reasonableness and his complete and obvious integrity A very human and likeable person person person per per- son of Hoosier background there isn't the faintest trace of high hat about him Mr Willkie's achievement achievement achievement achieve achieve- ment is the record Commonwealth Southern has made since he became its president in 1933 1033 With Witha a million domestic consumers it will show for 1937 the highest average use of electricity of any large system in the country about 1100 kilowatt hours hours hours-at at the lowest average rate rate rate-a a little over 3 cents per k w w. h. h Although he heis heis heis is a comparative newcomer to the power field veteran utility men privately regard him as the n number number num num- m- m ber one man in the industry and business leaders in other lines are coming to recognize that he has the goods Douglas There Douglas There is a widespread widespread wide wide- widespread spread impression that Lewis Douglas by accepting the presidency presidencY presidency dency of McGill university in Canada has removed himself from the American political scene Nothing could be farther from the fact The ex-budget ex director regards himself as a true liberal and the new deal in its more recent phases as part of a world trend to toward toward toward to- to ward reactionary collectivism He has been and will continue to tobe tobe tobe be active in the councils of the new deal opposition in congress It is not too much to say that he is an important part of the brains behind the movement to toward toward toward to- to ward an Roosevelt anti-Roosevelt political coalition Mr Douglas was born in Arizona Arizona Arizona Ari Ari- zona but his grandfather was a Canadian of Scotch descent and a trustee and benefactor benefactor- of McGill McGill McGill Mc Mc- Gill university That explains Lewis' Lewis new job Like Mr Jackson Jackson Jack Jack- son son he is a dark horse for 1940 but on the other side of the track Hillman Sidney Hillman Sidney Hillman is one of John Lewis' Lewis most valuable lieutenants lieutenants lieutenants lieu lieu- tenants in the C I 0 O and head of ot two of the biggest unions in the country the country the Amalgamated Clothing Clothing Clothing Cloth Cloth- ing Workers and the United Textile Textile Textile Tex Tex- tile Workers Events are shaping which may bring him to the fore as a leader of a reunited labor movement be before before before be- be fore 1938 is over He is an earnest advocate of peace and his abilities abilities abilities abili abili- ties are respected in both camps He is also becoming more and more the real boss of the Ameri American can Labor party The significance of ot this lies in the fact that he is much closer to President Roosevelt Roosevelt Roosevelt Roose Roose- velt than either John Lewis or Bill Green His rise to greater power should therefore help F F. D D. R R. recapture much of ot the loyal labor support which has been somewhat dissipated in recent months Weinberg Sidney Weinberg unlike the other four mentioned above seldom gets into the spotlight spotlight spotlight spot spot- light but he is one of the most important liaison men between Washington and Wall Vall Street Mr rr fr Weinberg's career is full of paradoxes He is an investment investment investment invest invest- ment banker and a director of ot a flock of corporations yet he is ison ison ison on the S SEC E C payroll as a special consultant on certain technical problems He is fundamentally t L Iy conservative yet he is is- a a. friend of leftist Phil La t and is probably the only J Streeter who has person persa cess to F F. D. D R R. practically ever he wants it He tel te president things to his f other New Yorker would and with say say and gets away cause the president likes h He has a gift for ready cracks Of a notably close clos banker he recently remark is so generous he gives for or Christmas presents Copyright 1938 for The Te Tej |
