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Show jtiotwl Topics Interpreted jNWNs IT WniumJckart jlf i ,,iIlst,m. Ailm I n I s t r a t I o n .iHi pollelos appear to bo undergoing un-dergoing a shnk-1 shnk-1 ;J;e-Up lag down process. Policies Siifoly passing the elections and with ,j to maUii moves solely to ' ,;irtlcul:ir segments of vot-' vot-' , president appears to have " ; jotting rid of duplication In :,ms alphabetical agencies of Ml .vorinnent. Further, many fr :i:lve3 aro taking some hope t ntlier administrative actions si ,,uJ are willing to believe mi s sli.'ike-up among the many 1 ik'J groups along with White irt ,. pronouncements may possl- l ;,;ite a slight return toward I) vy regard as sounder funda- s 1 II : move held by many observ-Imlleate observ-Imlleate an attempt by the nt to eliminate some waste slJent has brought under one sory control all of the agon-n' agon-n' ::Jiug government money. It ' ( surprising to know that !' ire ten Important federal of-',r of-',r ensiled In loaning money. jve been operating largely on nvn programs. No attempt 1D ;u made heretofore to co-or-,n .their efforts. The result has 1 .vnllicting policies and uu-"a uu-"a ;!j waste In results. re president now proposes that !cl all end. lie has named the e' :ee for the defined purpose iMishing uniform policy re-r' re-r' sovernment loans and has ; j with emphasis that the ' ;ion must be eliminated. s, j leaders in and out of the ' sent construed this action e bating a conviction by the j at that there were too many ltt s floating around doing odd J(l ithout restraint. Others be-t be-t that Mr. Roosevelt was mak-e, mak-e, : honest effort to bring some f nee of order out of chaos In pe that eventually expenses je - reduced thereby. rjpport of this view was the : taken by the Home Owners' ,r :orporatlon which has cut off !ja t loaning on homes. In an-:.g an-:.g Its action the home loan said it believed government : this direction was no longer ary, thus lnferentially at vying that some recovery had ct Place, T borne loan agency Is among j jlaced under cabinet commlt-nr commlt-nr :iroL It will begin immedi-to immedi-to shrink Its organization, louse eventually a total of workers. - Reconstruction Finance cor-p1 cor-p1 n. another one of the groups jj. ' ill be guided by cabinet : vx policy hereafter, has au-U au-U zi It will not seek additional from the forthcoming session ' .'ress. Borrowers who have " sing that agency will be ac-Jated ac-Jated further, of course, in ince with the terms of their ions but the whole tendency ' to cut down on new loans, ""j so It is for the Brst time in j rrent administration we are ing, a shrinkage, rather than Vj mansion, In governmental fa-jj-set up as a part of the re-ij re-ij program of the Xew Dealers. nsj ; rth the establishment -of 8.M :n policy committee, there came an order i Export from the treasury, rrency bearing Mr. Roosevelt's Roose-velt's approval bat ice again allows unrestricted unrestrict-ed rts of currency, but not gold iae metal Heretofore it has 'JJJ 'cessary for private business mj --n a specific license from the 7 before It could ship cur-ioo cur-ioo road In settlement of ob i3 3. This move is expected Tl s far-reaching consequences 01 It lifts from business one :s annoying red tape pro- L s to which business always 1 and a kind of transaction is never crept Into private jp 1 In any way. 'tod silver, both having been """ ;ized under the New Deal, :'aJ in this country. Gold "J In the coffers of the treas Nevertheless, from many 'hear favorable comment on Nation of the restrictions on J nt of currency because it Is 5 1 believed the action will Kychologieal benefit. Many will feel that if the govern 1 Washington Is willing to re ment of currency abroad. ! no reason to fear emhar-J" emhar-J" ' situations as a matter of Jg In currency. Of course, ob-Ihe ob-Ihe conlidence hitherto re-' re-' In our dollar by foreigners a fully restored as long as :,llr,t be shipped but the pres-r pres-r !;Se admittedly Improves the 0f It should be explained . e treasury still keeps Its 19 '" the currency movement ts 1 - has the authority to ' aa embargo again when-i8 when-i8 sees fit This appears to be '. however, as long as lnter-1 lnter-1 trade retains anything like "t stability. Indeed, cx-'clare cx-'clare that greater stability '"atlonal traxie ought to be ,ne results and the treasury -piously lwiklllB for Uiut o I" Nome Qunrlera thu liftin- of ;;;tT MS: 1 ' ''--dug that Mr. Kose-. Kose-. f , ' ,'!'U"'t""" tiny thought r ') He may hvo to glve eon- ':;:r;"lon ,o th;it -L:zr "'iimmw comes back because there '"' ""f u hundred senators ami "P.-esontavos who are avid y , "B . I.t.lation phantom. T Z th,nk 1 lls "ill solve the count y's economic problems and they can he counted on to hear down with the Woas when the forum of congress nsmii Is opened to them. Whatever these men may do It Is pointed out now, Mr. Roosevelt would be only complicating his own problems by allowing free Interchange Inter-change of currency ftt this time If ho had any thought In mind of changing the dollar value In the not too distant future. With tho time only a month away for selecting by the Democrats of c i i . their candidate I Speakership for Bpeakcr of j Fight the houses selection selec-tion that means election the speakership fight Is attracting much attention. Heat Is being shown and enemies are be- j Ing created in every direction. There are at least a dozen members of the house who figure or hope that the Democratic caucus to be held late In December will pick their name for one of the honor posts, speaker, majority floor leader or chairman of the rules committee. At the moment one can deal only with possibilities, for the stage of probabilities prob-abilities Is yet in the distance. Although, as I said, the fight Is wide open, there are certain straws that tend to show the way the wind is blowing. For example, Representative Byrnes of Tennessee, the Democratic Democrat-ic leader while the late Mr. Rainey was speaker, normally would be expected ex-pected to be chosen as speaker. But Mr. Byrnes Is not sure. In fact, there are many observers who declare de-clare that the odds are against him. For instance, he was not Invited aboard the President's special train to make the recent trip to Har-rodsburg, Har-rodsburg, Ky. There is a row brewing between the North and the South. Northern Democrats resent what they regard as southern domination of the house. Consequently, some of the harmonlzers are attempting to effect ef-fect a deal whereby the speakership speaker-ship will go to the. South and the post of majority lender be filled by a northern Democrat. In this combination the names of Representatives Rayburn of Texas and McCormack of Masnchusctts, figure most prominently. However, this arrangement has vulnerable spots because there are many other southern Democrats who fee they are entitled to consideration, and they may not be satisfied with such a combination. On top of all this Is a statement from White House quarters that the President will remain aloof. The responsibility which the administration ad-ministration carries In having such complete control Borah of governmental Criticizes machinery has Its thorny cushion despite the ability to muster a two-thirds two-thirds majority in both the house and the senate. One of the sharpest sharp-est of the thorns apparently Is Senator Sen-ator William E. Borah of Idaho, Progressive Republican. Mr. Borah always has played a lone band In the senate and he apparently Is going to do so again. The first harpoon which the Idaho senator has thrown was directed at the relief policies pressed through and administered by professional relievers. Mr. Borah says there Is an enormous amount of waste In connection with the relief activities. He saya there are thousands of superfluous su-perfluous jobs being maintained out of relief funds under the guise of distributing the money. He has called attention as well to the lack of co-ordination and the appare.it inability of the relief heads to arrive ar-rive at uniform bases for ministering minister-ing to the destitute. Having he-mn he-mn the fight well in advance of the opening of congress Mr. Borah can be expected to give It momentum from time to time, so that when It reaches the floors of congress It enn l,e counted on to be more than a puff ball. Of course, the administration has foir-ht to ward off just siw-h attacks as Mr Borah has Inaugurated, by announcement of employment plans and transfer of unemployed fiom Mief rolls to work rolls. I reported to you several weeks ago that Mr Roosevelt favored elimination of the dole and the creation of work for which the present unemployed would be paid. Yet It Is being pointed point-ed out In many quarters here that, pursuit of such a plan as the President Pres-ident has in mind requires u Im-Ze Im-Ze amount of study. Otherwise tTs liable to flop and If It goes oil half-cocked, undoubtedly the criticism criti-cism will be more vigorous. . Western tlewsparer Union. |