Show at business business opens IL money one y drawers kage avage boosts and extra dividends i herald opening 0 of f ara era of prosperity ev by EARL GODWIN ASHINGTON well there was no more indication of this financial cloudburst than there was of the 2 29 9 roosevelt popular vote we baill au of us had an idea that big b busi usi i would loosen up and spend its N cash just as oon boon as it saw it was I 1 useless to try to put on a poor face aana blame the new deal for alleged hard times in fact I 1 gave you a Y of that in this column a few weeks ago but did anybody dream that the leaders would open their 11 lacash cash drawers and scatter millions alof extra dividends and increased a wages as they have done t this year will be the best dividend year the country has expert experienced encee MA y since 1929 the boom year of the et hoover administration dividends lathis if this year will be approximately three billion dollars c wa wages es have started upward in athe the steel and in many other indus tries and in certain specific corporations ti ons which refused any longer to ithe keep down work mens pay on the ground that they know what the government was going to do one of the most tremendous handouts is that of general motors whose headman head man alfred sloane jr te during the campaign told his stockholders holders that roosevelt retarded re tc overy before the votes were all counted chairman sloane announced noun ced an extra dividend to his 41 stockholders and raised wages de Q daring claring that the ten previous m months A were the best ever among those receiving this largess was one of it alithe tithe dupont companies it got about extra ri q probably the administration felt that this burst of news on industrial sf prosperity and cash distribution merited something agricultural the ic department of agriculture has anel ana bounced noun ced therefore that farm families jilies will have more cash to spend I 1 on living costs next year the smart boys in that department figure the american farmers gross cash income from 1936 operations will be ap in seven billion eight hundred fifty rk thousand dollars it would be interesting for farmers to check up and see what happens the aforesaid smart economists say they believe farmers will have more cash for household operation education medical care and clothes TI oddly enough the upward trend in 1 farm income which started in 1933 1 continued through this year in spite 4 of the drouth these things all go a long way to dispel the old mark hanna idea that prosperity and the 1 republican party go hand in hand WHO 0 OWN THE E CARS secretary of commerce roper tells me that the foundation of the j automobile business in these united states are the folks with less than n 2000 a year would you have thought it this country makes most of the worlds motor cars we have several times as many cars t as all the rest of the world together and last year the whole world turned out cars and we kept more than four fifths of them three times as many automobiles here are owned by families under a thousand dollars a year income as those whose incomes goes over we think of the big money folks having all the cars but actually only ten per cent of americas motors are owned by families with more than a year these are facts from secretary ropers commerce department and they are accurate and that shows who pays the gasoline taxes it american car owners pay eight hundred million dollars a year in in gas taxes the biggest flood of sales taxes in the world actually worked i out to the limit every second of the day and night federal and state treasuries are getting 2537 from gas taxes a never ending stream of money from the lower income brackets out of every paid to the average gas station a dollar is for taxes CUT OUT THE POMP the city of washington is in in a detate ate of excitement over president Roosevel ts apparent intention to do away with the pomp and pageantry of the inaugural ceremony and reduce the matter to jeff Jenerson ershman ian simplicity city there has been built up in m this city an idea that a president cannot be inaugurated without an i allday all day parade and tremendous social I 1 events at night the merchants reap a harvest so also the hotels especially those along the line of march faithful adherents of the president like to take part in the event and marching clubs are organized gani zed coming here by expensive special trains from every state the army contributes a regiment or two the west point and annapolis cadets cabets come along at great expense to the taxpayers and au all in all inauguration augu ration bills mount to stupendous figures it was not always thus jefferson mounted a horse which loped up pennsylvania avenue to the east front of the capitol where jeffer son tied it to a post went in took the oath of office from the chief justice and rode back again which is about the simplest oath taking by any president except the kerosene lamp oath by coolidge administered by his father when they heard of the death of harding I 1 have an idea that roosevelt plans something just as simple as jeffersons it would be just like roosevelt to go back to first principles and reduce the inaugural ceremony merely to a ride to the capitol to take the oath and inform the he people of his program in a second inaugural address as epochal as the famous lincoln second inaugural yet millions of new dealers want to be here to celebrate it may be that there will be a civic celebration to give these enthusiasts their chance to take part in an event they brought about with all their hearts COA COOL TO 0 AAA there seems to be marked coolness on the part of the administration toward the outlawed AAA yet representatives of several hundred thousand farmers demand a re reen en of the production control features of the agricultural adjustment act which went out the window when the supreme court cracked down I 1 a very clear idea just yet as to what the administration wants want s except that it promises strong federal control of crops with the object of removing that always troublesome surp surplus lus which keeps down prices the administration yet recovered from the supreme court shock and just want to go marching up the court house door only to get its face pushed in all over again by the same set of judges this crop insurance idea while not quite as productive of checks seems to be good enough for the administration at the present time and yet I 1 risk too large a wager on it G 0 P NOT DEAD I 1 am not one of those who believes behaves the republican party is dead klo no organization with voters is dead it is no deader than the democratic party of the old days which was a minority aff affair air continuously from the civil war days to the time of cleveland and after that to wilson who was a minority president himself fir first st term and after that to roosevelt but now the democratic party IS is a tremendous majority not only in the electoral college but in the senate and house and in a smaller way among the governors there will be seventy five democrats and seventeen republicans in the senate nothing quite like it since the grant administration when the majority was the other way 69 republicans and 11 democrats the next house has democrats and 89 republicans I 1 who have only two more than is necessary to force a roll call vote in this tremendous majority which I 1 believe will be almost entirely a pro roosevelt democratic body the president will be able to enact his perfected reform me measures a in the first two years of his second term then what anything can happen in a sense the G 0 P is better os off than the democratic party because right now there really any democratic party it is roose belts party progressives Progress ives liberals youngsters political adventurers crusaders good neighbor leaguers and what not they voted almost solidly in that landslide for roosevelt not for the party and there is no one right now who can carry on the roosevelt idealism but roosevelt so unless the roosevelt party forces roosevelt to do what even george washington refused to do accept a third term there is going to be an interesting set of maneuvers by the second string democrats to capture the next nomination meantime the republicans have good leadership which they failed to utilize this time they let political tricksters trick fool them into thinking they could pick an unknown and build him up by advertising the republicans have senator mcnary of oregon they have vandenburg of michigan both of these men lived through the democratic landslide and anyone who can do that strikes me as being politically good I 1 have heard that henry wallace secretary of agriculture is the administrations favorite I 1 do not know whether it is true or not but if henry wallace is going to be put forward as a crown prince he will have his hands full because if the next four years develops the same kind of political events that other second terms have developed you will see the crown prince a slaughtered by a field of ambitious contestants labor leaders are in in for ambitious doings you win will see john lewis the shaggy haired leader of the mine workers pulling strings for bigger things than mere labor leadership you will see too the lafollette boys in wisconsin strive for a place in national leadership and there are leaders of a score of other elements in the roosevelt army all of which will come rushing forward about two and a halt half years from now roosevelt will attend to his job as president and I 1 think it will be difficult to detect him doing a thing that will look like a political move I 1 imagine though that his close associates will s see e to it that leadership does not go to any conservative conserva live democrat like byrd of virginia newspaper union |