Show WEEKLY NEWS ANALYSIS BY JOSEPH IV LOINE labine new deal will seek reelection re election on more of same platform compromise seems impossible EDITORS NOTE when opinions are expressed in these columns they are those of the he news analyst and not necessarily of this newspaper released by western newspaper paper union POLITICS pronouncement you cannot expect this administration to alter the principles and object objectives ites for or chich ive ite hate ciflie struggled the past six six years this was a campaign speech thought members of the american retailers association who heard franklin Roosevel ts first pronouncement no of new deal policy in five months ordinarily such remarks are not surprising but 1939 is a crucial legislative political year in which the groundwork is laid for next years election and in which white house and congress must adopt and set in riTo motion tion the program on which they will urill stand for reelection the inevitable program more spending no concessions to business no balancing of the budget A big national debt is nothing to fear said the president because part of it is offset by debts owed to the government through loans made on a business basis by federal lending agencies another part is invested in federally owned enterprises terp rises like boulder dam which will pay out over a period of years generally speaking he thought that with national income increase increasing ing steadily a debt would not be big in relation to the count rys assets mr Roosevel ts speech proved a meaty bone on which new dealers conservatives and congress could gnaw a timely white house state ir 11 aa VIRGINIAS SEN BYRD t inevitably lead to disaster ment which gave direction to a heretofore vague political picture congress A spending spree succeeded the once highly vaunted economy campaign as house conferees approved the agricultural appropriations bill carrying in un unbudgeted h budgeted grants to farmers fa amers sentiment rose high for a public works appropriation providing funds for another pump priming program which congressmen have found f a far more effective vote gett getting ing force for election years than the controversial new dealers since mr roosevelt refused to alter his principles and objectives for the 1940 campaign new deal theorists felt safe in trying to sell unhappy U S business on the wisdom of accepting the present relationship between government and private enterprise turning economist for the moment secretary of agriculture henry A wallace urged that idle money be started moving again simultaneously before the senates monopoly investigating co committee assistant secretary of state adoll adolf berle jr not only s scored co red idle dollars but suggested the U S do something about it his plan junk our obsolete banking machinery which leaves small business starved creating in its stead gov sponsored capital banks S and government insured loans for small business most revolutionary berle berie comment the theory that a bank must make a profit today has ceased to be valid except in an extremely limited case conservatives A rebirth of spending and theorizing gave disgruntled anti new dealers a field field day chief antagonist was virginias democratic sen harry F byrd who commented on the next fiscal years minimum total appropriation of a peacetime high we have not been able to purchase prosperity on borrowed money and the continued effort to do this will inevitably lead to disaster mr byrds chief complaint complain t was against the presidents minimizing ml ni mizing of the national debt gr granting a the money is owed domestically mr byrd thought most of it was held by banks and consequently the vast majority will be paying taxes to pay interest to the small number of families owning government bonds contradicting mr Roosevel ts claim that much of the debt is offset by debts owed to the government mr 13 byrd Y rd figured that government lending agencies have handed out only as against a direct debt of significance mr roosevelt Roosevel ts s speech resultant congressional spending opposition to removal of alleged business deterrents and a rebirth of theorizing constitute the absolute antithesis of any effort to bring insurgent democrats back to the fold in time for 1940 there can be no compromise new deal forces will carry the 1940 convention by forcing through a simple majority nomination rule or they will strike out for themselves as a new party leaving insurgent democrats to put up their own candidate or join the republicans NAVY submarines checking its records after rescuers had brought up 33 live and 26 dead passengers from the sub submarine squalls Squal is the U S navy department could be both proud and abashed over its record since the first underwater craft failed to come up 25 years ago reason for pride though 62 of her 90 odd submarines are over the accepted age limit the U S has had no mishap since 1927 when the S 4 sank off Province provincetown town mass with a loss of 40 lives another source of pride U S submarine mishaps have been singularly fortunate compared with those of other maritime powers total loss of life in five U S accidents is in in six british accidents three thre e japanese two french three russian reason for being abashed italy the worlds no 1 submarine power has experienced but one fatal acci accident that in 1928 1923 when her F 14 hit a destroyer one good reason for italis luck is that 83 of her submarines are under age four times more than the U S when all vessels being built or contracted for are completed 11 II duces duce Is second to none U boat fleet will total MISSOURI nephew jim stone walls do not always make a P prison rison the walls of alcatraz and terminal island which have held A al capone seven years did not stop his syndicate from ruling Chi cagos underworld der world nor will the 15 month sentence at leavenworth facing kansas cites boss tom keep that hearty away from missouri politics convicted for evading federal income taxes to tom m finds himself back where he started the day he inherited kansas cites political machine from brother jim today another jim old jims son is running the show while his uncle languishes in prison looking ahead missouri politicians clan S find that 1940 brings elections for a governor to succeed lloyd C I 1 A t Z 1 44 pl JIM doss boss pro tern tem stark who like all missouri governors cannot be reelected elected re a senator for the post now held by pen tergast supported harry S truman 13 congressmen and a full slate of state officials on good behavior tom d argast will be out of prison in 12 months in time to plan defeat for governor stark should he seek senator Tr post in the august primaries reason for vengeance the governor was a who turned on his sponsor after he learned about an alleged payoff in massouris Mis souris fire insurance rate compromise though he looks like the old man nephew jim is not so astute as his tutor and can only be trusted to hold the machine together until next year last time he ran an election when uncle tom was ill in new york during the 1936 vote te jim lm won w 0 sweeping e victories throughout missouri but election officials were convicted in the governments sensational vote fraud investigation which followed LABOR borrowed leal leaf in 1903 a danbury conn firm sued united hatters of america for instituting a nationwide boycott when denied a closed shop after the U S supreme court ruled the boycott was a restraint of trade under the sherman act a verdict was awarded against the union was trebled as provided provide d by the clayton act but finally dropped when a deputy marshal found 10 years later that he be could collect nothing from the laborite defendants last april 3 a federal court jury awarded philadelphian Phila delphias apex illo hosiery mills a judgment against C I 1 0 s american federation of hosiery workers for damages suffered in a 48 day strike during 1937 even as this case was being appealed republic steel corporation borrowed a leaf from hatters and W W REPUBLICS TOM GIRDLER matched C 1 0 for 2 million hosiery makers to enter the latest in a series of cross suits growing out of the little steel strike in 1937 As if to answer one suit which demands in back wages and damages from republic tom Gird lers company retaliated by demanding damages costs and attorneys fees trebled under the claypool act the total suit runs to which nobody expects john lewis or his steel workers to pay chief values of the suit appear to be 1 neutralizing the damage claims made against republic by C 1 I 0 and 2 focusing national attention on ineffectual employer employee relations at a time when congress would just as soon adjourn without amending the wagner labor act though he matched this setback by signing up coal miners in heretofore unorganized bloody harlan county john lewis healed no wounds by allowing employees to strike at oits briggs body manufacturing plant within 24 hours workmen in assembly lines dependent upon briggs bodies were idle and the automobile industry wondered if 1937 had returned EUROPE parallels some 30 years ago was born a fearsome triple entente designed to safeguard peace its members russia france and britain meanwhile italy was joining the austro german alliance and Eu ropes power seemed hanging in the balance in 1939 the history that repeats itself sel f h has as p popped 0 p pe d u up p 0 once nc e more eu ropes p e s po power w e r d division iv ls io n p parallels ar allees that of pre world war days except that part of the old austrian hungarian hu angarian empire is now independent italy and germany are bound in military unity while france britain and russia are once more aligned side by side examining the new status quo in comparison with prewar pre war europe observers find the triple entente even stronger now than then adolf hillers Hit lers trumpet blasting to the contrary devoid of colonies befriended in europe only by italy and hungary the reich is completely encircled by anti aggression powers if history repeats itself once more italy may find imperialistic ger germany threatening her M mediterranean dit 1 erran security and be forced t to deseri desert berlin A less likely repetition of history is the bogging down of rus slats sias smartly trained military machine which collapsed utterly the last time it marched westward |