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Show BEVERLY HILLS Well all I know is just what I :ead in the papers, pa-pers, and what I see as I prowl hither hith-er and nnn for is it yon?). Well, on my trip back East of course the high spot was Washington, Washing-ton, D. C. (Delegations (Dele-gations coming.) McDonald would be going out of one door, Her-riott Her-riott trying to come in the other. Jung and Soong (now, could just reach up in the air and pull out another couple of billions to use as an added inflation, in case a little added inflation was needed. With the gold and silver it gives the President the right to operate on the old gold dollar and take out fifty per cent of its innards, or he could split it down the middle, and make two out ot it. Silver was always used to buy something but now It buys something some-thing official. It's no longer bootleg money. Europe pays in silver, that i3 (if). The silver don't have to be designed in the shape of money. It can be in any form. Now you can well imagine the odd knickknacks we will receive. You take it by weight, you don't count it out. You see, in that bill we not only relieved the farmer but we are going to try and relieve Europe of any old tableware table-ware they have laying around. They didn't even stipulate in there that they wash it before paying their debts with It. Maby we won't go to the trouble of coining it up into money, on account of this being a depression measure. Maby we will Juit use it like it comes. In other words, your wheat brought two of King George's teaspoons and one silver tipped Prince of Wales silver sil-ver cigarette holder. Now that's one phase of this inflation. in-flation. The other phase of it is, Try and get Europe to even give us that much. Well, a little thing like all this that I have been telling you was just a moment's mo-ment's work in the lives of Washington. They voted to do something with Mussell Shoals just while they were havine lunch to silver rfi2 SPOONS FO T III don't that sound like a vaudeville act or two Chinamen? Well, it's not, It's only one Chinaman, Soong). The other Chinaman, Jung, is an Eytalian. Ain't that a funny name for an Italian? But when you have dictators you got to expect queer things. This Soong, it's T. V. Soong. I had the pleasure of Interviewing him at his home in China last year, just a week, incidentally, before some friendly Chinese of an opposition oppo-sition Tong dropped a bomb on part of the very house I had been to see him In. But fortunately, he was not hurt. He is a very high class, reliable man, a brother of the famous fa-mous Soong sisters. Well, it happened hap-pened that Jung got to Washington about the time I did. Both of us were seeking relief. There was never a time in the history oi historic his-toric old Washington when things were moving with such rapidity. Well, they are moving more than rapid; they are going fast. I was there on the historic day wben Congress actually passed the Inflation Bill, tacked on to the Farm Bill. Never in the history of the world was such a gigantic piece of legislation ever passed. It was more than gigantic. It was even big. It gives relief to the farmer in so many complicated ways that even if he receives no relief at all, why, just trying to study it out will keep trim so busy that he will forge? he ever wanted relief. Then there is two or three billion appropriation in there to put mortgages on small homes or farms at a small rate of interest and long time payments. Well that's fine but they all already got 'em on. Then there was gold and silver (all In the farmers' Bill, mind you). Now the poor farmer hasn't even seen a few copper pennies, much less any gold or silver. Then there was another small clause in there where the President one day. 1 forget the appropriation it carried. All these things were done In addition to keeping Huey Long still. Talked with Senator Borah, an old crony of mine, and he was In a daze, poor man. Said he had seen lots of legislation pass but he never thought he would live to see it all pass in one day. Saw Dave Reed, Senator from Pennsylvania. I 3hook hands with him very cordially. He seemed awful tickled. 1 couldn't understand it. Then he told me I was the first Democrat that had spoken to him. Why shoot, I didn't think anything of it. I am liberal that way. 1933. Mc.VauiA: S; -d:ca:e. |