OCR Text |
Show I--around I around - - - - - - around theNational the theNational National Capitalg CapitalDy Capital FIELDashingtonIn nELO FIELD lELD lELDashlngt = 5C - : ; > g- g gBy ' - ' By Dy CARTER Ford Fordsedan } < IiordlAla ord new ne\v ne v \ \\ashington-In ashington In ( > n-In n In - In Paris rarls a L \\ashlngt ashlngt \ \ Washington \ delivered deivcredjnst ' ( ] , just nbout about nboutUWJ sedan edl1n costs ' nats dehvert ! It Itdoes Or about $1000 1000 51000 $ more than ' $1.00 1.00 100 $1700 1700 $ . about aboutho abouttwo : does doc UWJ ' In most D10 u.u uu . - t _ AmerIcan _ _ _ , citie4 cltle " Or naif halt half times the tbe American Awerlcan Awerlcanprice Americanprice AmericanpriceWhich two h\o h o \ and nnd one price priceWhich pricehich " when "beD beD Itcomes itcomes It Itcomes \\hich hich \ \ \ blch Is of the tJIO essence the problem of or f ( rcmovl nmovluB movln ' ; Internatlonal laternational In la ternatlonal ternational leruaimiini comes to node trade iiu < .i i . > . - barrln barriers ? . . . . . . - ' ! , , , as _ _ A that tt tttt tt * prob problesu probIemu Tirflli Tirfllileruaimiini toIdely twowidely two t\\o t o \ from leiu lesu Iemu Is now nm\ nm nmbeln \ " beln beingattacked being ! ; attacked sttacked WitJL milCll much much muchnolmo.lty muchanlmocity milCllfj.i.i.v - - A A1 " and " -1 1 - WJth with angles \\Idely Idely widely \ \ dUrerent different or of tho time thotwo timetwo nolmo.lty nolmolty anlmocity . . . . . . between _ the nd\"ocates nd "ocates ocates advocates \ " fj.i.i.v fjii.v fjiiv - v---- v vtwo - - - - two plans . , by ; Secretary Cecrct.ary Cecrctary . ot of State CorIe11 Cor1ell Cor - - - - - . T Trade _ \ Addser Adviser Adviserto AdvlSfir AdvlSfirJdJ . and Forclgn Foreign . . I 1ell Ie11 JdJ nun hull I1U1A < 1iu * AU .Q Q PeekThe reek Peek reekI reekThe reeicTlie > George h 1 : ' to tlie the l President resldent . . The amazing amnzln point about this priceror pricefor price pricefor 'rench rench Preach Preachduty 'renchduty [ ' French- French Frenchtu the ' Is that for ror lords 1 ords In Paris l'nrls lnrls - on automobile automobiles uuiuiiluuiiva - t-u t u - . ' has iiaiL . . . . . . nothln nothing noHiln ? - - - : _ " to dowith do douuiy uuiy duty In Parisre Paris Parisre Parisre \ with \ Ith It 111 t I rhe fhe Ford cars cnrs sold re not mide m1de made In the United States , , but butIn butto butIn ele eleml'nt element elemmt ' main Plain amain In to Stra Strasbourg Strasbourgor < ; lIourg \or or \ " , or Is the tbe ml'nt mlnt ment ' of ot tll tl ti Is l9 ' ! ostool astonishing < ; hln : difference dlftereocc InI'Ot incoat In I'O-t I'O IO t coat ' ( o-t o t - doe to high duties on the pnrts parts partsIt pnrts1t cicluslvely exclusively due l1ue to the dlf dtf dlfferpoce dtfTerence dlfercnce ( 1t It Is almote1cluslvely almost _ : ferpoce Terence In cost of manuficture manufacture wnnu 1cture ' . . . Ih 111 a s difference dlfterencc In mnnutocturlng manufacturing manufacturingcosts mnnutocturlng0'1115 the thefactor thefactor thefactor the tact fact that tbat /0'1115 0'1115 01115 costs / " ' results resut1 ! from trom Strasbourg Str1sbourg while as modern modernas modernas factor ) , at ut as I 1 ord en engineers lneers can eltn make It , docs does docsnot doesnot docsnot production ele element elemerit clemcnt not have ha\e ha e hale \ the quantity ment merit \ which hlch makes makfs most of ot the popu popular poputar popular lar tar small smnll cars cnrs so chcip che'l.p chel.p chelp cheap ' . In AmericaThat America Americalhat the writer Is In InforlOE'd Informed Informed 1 ' That hat one element forlOE'd forlOEd formed ' accounts for tor about5r100 about nbont 5r100 rlOO 100 of thp the theSlOOO 51000 J COO llffcrence dlftcrence difference in price here hert : and In Pori Paris ' ! . . Paris.Wages ParisWages pha.eor phaseor phase pha.e phae phaseor . "ages ages " \ \ ages are an Inconsequential Inconsequcntlal 'oull1 oull1 could 'oull1be couldbe couldbe . production ( ' or " would "ould ould be If 1C mass ma.s mas macs be utilized In Strasbourg Strasbour It Is per perfectly perfectly perfcctly fectly true trlle that thnt the labor cost of con constructlng constructing constructing structlng structing a cir C1r car In France Frnnce Is rouch much high higher higher highcr er than tban In America , , but the worl-ers worl ers workers worlersare workersare workersare - In De\Cborn De Cborn Dearborn DeCbornThe DearbornThe DeirbornThe ' \ are paid pllid Ie less < ; s than those The difference Is comparable cODlparable to that thatof thatof thatof with a tnctor tr1clor tractor and andone andone andone of a man plowing plo"lng plolng " one plowing plo"lng plolng " with wltb one horse The mon man mon"lth manwith manLwlth be just lust as good afarmer a afarmer afarmer "lth lth with " the horse may farmer , but he lie tikes t'll.es tll.es tlles tgkes ' . many times as aslong aslong nslong long to plow fllo\V fllo V \ an acre'Jbe acre'The acre acreIhe ' ' Ihe 'Jbe Jbe 'The The same point applies appUes to the dlfter differ dlfterence difference difference ence between turnln turning out twenty tpnly t\\ t \ pnly cnrs cars carsand cnrsand carsand . two twotbousand twothousand twothousand and turning out a thousand thou.3nd thou3nd or tbousand thousand a 0 dayDealer's day dayDealer's I Dealer's Dealers ' ProfitsFen Profits ProfitsFvcn I F\ F Fvcn Fen \ en If 1f there wel wcie were e no tarlft-or tarlft or tariff-or tariff tariff - or far farmore farmore farmore ' more Important-no Important no Important - no quota-In quota In quota - In Fr1ncc France Fr1nccagaInst Franceagainst Frinccngolnst agaInst Importation of American auto- auto automobIles automobiles auto-1mobiles auto 1mobiles - - - mobIles of course they could not be becold besold bosold cold sold ; as cheaply cheuply In [ ' France 'rance rance Prance as 8tJ they are areIn arein areIn In the United States The ( ' rhiet 'hlef hlef chief addl addllIonnl add addltlonal ! . lIonnl tlonal cost would be In dealers profits profits.French profitsFrench . . French dealers could not exi eXl ext ect to sell sellas sellas sellas as many and therefore would hi\c hi c h1\e h1 e hale \ tomake to tomake tomake make more j on > rL each car than dealers In American cltle citiesThe cities citiesThe The clement eleml'nt elemlnt element ' of [ freight relght leiglit would wooll.l woolll . beery be \ery ery \ verysmall erysmall ery erysmall small As e\ e evidenced eIdenced esldenced \ Idenced by the fact tact that thatSl(11) thatS100 Sl(11) Sl11 $100 100 $ ( ) Is just about the top price for forhauling forhauling forhauling hauling a car from any American Atlantic At AtIan Atlantic Ian lantic tic port to any ruropcan rllropean Ftiropean port . This ThisIs Thisis ThisIs Is the tbe price charged c1lar.ed c1lared charied . , by the deluxe Ital ItalInn Italfan Itnllan Inn fan liners froro from frorocw fromew \cw cw \ew ew \ " , ew York to 1-.nples 1.nples 1 .nples nples laples - . haplcs.It haplcsIt . . It Is much less le.s les . on slower boats bonts to the theforth thehorth 'orth orth forth : ' sea ports . . . Actually , adding IlddlnJ : about $20 20 $ O for forfrel forfreight forfreight frel freight ht htvould would \vould vould \ be liberalTbe liberalThe liberal liberalThe The Tbe point of the whole "hole hole " case caSP Is tbat that tbatIf that1f thatIf If 1f International trade birrlers burlers barriers could couldbe couldbe couldbe be removed remoed remosed remo\ remo \ ed the people of ot the"arlous the \"arlous "arlous arlous various "arlouscountries variouscountries \ " variouscountries countries of thevorld the \ world \vorld vorld coull enjoy 11 a 11much amuch amuch much higher blgher etandird stanl.l1rd stanll1rd standard . ot of living thin tb'ln tbln than ' Is Isat isat Isat at present the cise C1se case Yet fear tenr on es e\- e eery ev-cry ev cry \ - ery hand band Is that Instead of tending tendlnb , tonrd toward to- to toardJowerlnsAhesoJarrlersJhe - - \\nrd nrd ward \ ardJowerlnsAhesoJarrlersJhe lo"erlng loerlng lowering " tbese these bnrrlers barriers ) Ibe the whole trend In the world Is for tor r raising raisins lslng themAs them themAs As S for example the sharp limitation limitationon on Imports of American automobiles automobilesmachinery , , machInery , , and oilier other Items by Italy Italyand Italyand Italyand and Poland Just last month 1 ' 1German German visitors vlsltors to Washington 1Vasliington In Inthe inthe Inthe the la laht last ! > t lev fe\\ fe few feweeks \ , weeks have talked gloom glooml1y gloomIly gloomlly l1y Ily about the prospects of ot each eacb Mtlon nation Mtlonbecoming nationbecoming nationbecoming becoming self "elf elf " containedIt contnlnedIt contained contnlned It means black bread for our peo peo- pea peopIe peapie people - ple pIe " one of them said sall.l salll . , 'but but ' we can do doJt doIt doit Jt it . . \ What Whnt , hat makes us de despondent pondent Is that thatIt thatit thatIt It seems " so 0 unnecessary nnnece"s.1ry nnneces.1ry nnneces1ry " . ' , Teeth Extracted ExtractedA A bac back ! . stairs compromise comproml.e compromle . his 111S has been beenI beenLeached beenleached I Leached each ell on the public utility holdingcompany holding holdingcompany . company hill bl1l bill which has BO so modified modifiedIts modifiedits modlfledIts Its original drastic provisions provlslono ; that In inall Inall 011 all probability the White 1I0uce111 House 1I0uce ; \\111 111 sviii sviiiapply \ willapply \ ' 111apply apply pressure prescure ; In order to ' put the theteeth theteeth theteeth teeth back In ' I'r Ir ' Present { > $ ent prospects procpects ; are arethat arethat arethat that this effort which whlcb Is expected expectedfrom expectedfrom expectedfrom from I resident Roosevelt nooseelt Ilooseselt noose\ noose \ elt and the r.e\v r.ev r.e re v few r.evDealers fewDealers . hewDealers \ Dealers Dealers , , , will fall There Is no dis dls th the flood of ot protests from uUl util uUlIty utility utilIty Ity stockholders which hasloured has \ poured \loured loured In Inon inon Inon on Indl\ Indl Individual IndlIdual Indtsidual \ Idual Idualenators < \ senators \enators enators and members membrrs or of orthe ofthe ofthe the house 1I0u.e 1I0ue . . . It has turned the tide . , not notto notto notto to th ' " . point " where "here here the mtlonal n'ltlonal nltlonal national ' legtslstors legis legts legislators legtsInters lators lstors would openly defy dery the White WhiteHouse Whitelouse WhiteHouse House louse ) hot bot bat to a status where wbere they are arenot arenot arenot not willing to jump through hoops at attbe atthe atthe tbe the executive e'tecuthe etecuthe ececutise ' commandOne commandOne command commandOne One of the Important phases pbases of or the theDew thenew thenew exemptfrom Dew new compromlbe compromlbC compromise Is that It " will "III III exempt from Its ' provision t'rovlslon trovlslon nil all holding compa comps companles compsnies companies nles nies whose Interests arc are confined to tooperating tooperating tooperating operating companies Inside one stnte state stnteThis stateThis stateThis Itlets This docs doe'J doeJ does ' not BOun soun souni I 1 Important . , but It lets a lot Jot of rather bl big : fish througli through the thenet thenet thenet thenetAnother net . . Another modification modlficatloo Is even more moreImportant moreimportant moreImportant Important . , It exempts from the pro provIsions provisions provisions vIsions of ot the proposed law 1 I t oMln oldtng oldtngcompanies oldingcompanies compllnles companies : \ whose hose operations are chler chief chlerIy chiefly chiefly Iy ly In one state but : extend estend for tot ' sbort short shortdistances distances shortdistances sbortdistances beond beyond ) , Its borders . . Thl'l Thll Tltta Thl'lI Thl'lwould Tlttawould Tli ' < ' I would affect such Important ) floldln/ floldln molding floldlncoml aidingcomi moldingcomi / : coml comi r.ewlork aulcs anies ns as Con Consolidited Consolidated olld'lted olldlted ' Gas G3S of hew r.ew rew few fewa . Jerseyand lork a ork Public Service of hew 1-.ew 1.ew 1 .ew ew few - . Jersey , , nnd and Peoples People s Gas of oLClilcapn C'l1lcalo Cl1lcalo hl'nfio hlnfio ' ( ' ! _ Still Stili another nnc.ttler nncttler . compromise pro\I&lon pro I&lon Ilon provision proI&lon"ould provisionwould provisionvould \ & "ould ould would " exeOJ exempt exemyt t holding boldlng companies that thatore thatare thatore ore are operatingcompinles opernlinecompanies Interested Intuestfd ex'lu exlu exclusively ( ' lvely In 10 olJeralln opernline : comp'lnles complnles companies States.Such StatesSuch ' outside tlie the time United Unlt'd Unltd ( ' States . . I ISuch Such Po\\crSo Po crSo PoerSo PowerSo as 8S American and Foreign Po\\er Po er Power \ \ So that drst first and anI ! last Il1st a conslder1ble considerable considerablenumber conslder1bleI conslder1blenumber consldcnbledumber number withfnr lthfnr withfar of big holding comSlanlelth companies comSlanle , \ with \\lth lth -fnr fnr -far far - fnr more Important politlcatlyacoral I pollllcnllyacoral pollllcnlly-a pollllcnlly a politlcatly-a politlcatly politically - acoril coral 'eroble eroble 'erobJe erobJe terabie ' army of stockliolders atockhollJers stockholders \ will III BenuurB senatrn t\elJlll t elJlll Jf/ Jf / JfI Jfmembers ) ; m mmembers I imembers tlio the devoted hen heals bealS Is of ot \ JfI I USfinal itsfinal tis US its tisfinal house bouse \ who bO " vutc "vte vte vute members or of o ( the final pas.age pasage passage passage"May passage"May passageMay . "May May " " and "Shall Shall "Shan Shan " " In tho tbo the uD under undercover < lcr 'O\er 'O O er coscr ( ' \ n'gotlaUon ngotlaUon negotiations negotiationswhich negotiationswhich ( ' ' ! e some of ofthe oftime oftlie which \ hleh led to this compromise comproml In 10 Baying sadng saving 88man asmaim as 88 Interested the time gentlemen * AA a wsv ) - - - - holding compaules companies as 1"010- 1"010 1010 pos- pos 1"010sible possible " utl1lty utility man maim ) b1ttle battle nfter after theythoulht they theythoujht their sible m.lrly mlrly nearly . . lost first firstdraft firstdraft Tbe The thoujht thoulht . , , they had It won stated thece these thecee'teDlptions theseecemptions ; emerged or of text that draft used th thord the theword e'teDlptions eteDlptions ecemptions . ' . . In _ _ , l:1ngusge l1ngusge language , : wblch which \ vu.rk.u vurk.u vurku \ the securities se- se securities se-i se i seicurltles - - - word \\ord ord \ may ' That Tbat Is ls I It gave ga\e ga e gase the right rlgbt to exempt ex eJ exi : [ commission curltles curities these - comp1nles companies -i i - jt U if in In . ss Its , ( ( lUacre-l lUacre l lUacreltlon llecl'e- llecl'e llecle iiscre llecl'eUon ' - - empt tbose those tbosemost thosemost _ of One tlon Uon tion It i [ saw 8.lW 8lW . tit ui to iv do u umost " so - --most most - - most concerned hit the celling ceiling wheD when wheDhe whenhe whenhe ' lie Ile He got very busy busyIndeed busyindeed busyIndeed he read tliat that may reol1s rends rendsshail readsshall draft now Indeed ind 1nd and tlio the hall shail shaillesning < ; ' 'Ie'l.nln Iel.nln Ielnln ' \ Meaning \lesning lesning ' . : ; that such companies'shnll companies shall 'shnll shnll , ' ' be exempted enmpted Instead of or roilY may roilYbe maybe maybe be ctempted e'tempted etempted ccempted ' ctemptedStill ccemptedStill modification does leave leave11I leavediscretion leavediscretion < ; Still UII another commls commis commlsI commisslon commisslon with the securities 11I discretion ! > creUon Ih five file e ) searsto ears earsto earsto ' extend from I > slon lon 'this this 1 'I I ' his is to length of time Inw In Inwhich the to seven years still retained under underthe underthe underthe blch hich companies w \ be allowed In Inwblch inwhich Inwhich the death dentb sentence entence may affairs aftnlrs 1ndI1quhlnte andliquidate ind 1nd |