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Show ' 'ational Topics Interpreted f by William Bruckart S. shington. The Republicans living some Indications that they Intend to er Quirk fight for election IV of their partisans jrolitic8 ln the next con. V on the ground that the emer-' emer-' is over and that President velt and his administration mtinulng on a spending spree o afford deserving Democrats )Ie from the government coun- . 1'he tlpoff as to the direction which the attack will come the other day without attract-great attract-great deal of attention. It from Representative Snell of York, the Republican leader house, who opposed one of jwer brain-trust creations be- V he declared, unequivocally, emergency Is over." r Mr. Snell had made the lent, I Inquired of a number sons, astute In politics, what nought of this anomaly. Here Veader of the opposition party ing that the emergency Is band If that condition exists, ader of the opposition, by In-je In-je at least, has admitted that I j for the Job must be given the I velt administration. I find as ' hat the Democrats can hardly the correctness of the state-, state-, without admitting at the same 'hat there should be an end Jlately to the countless emer-?: emer-?: agencies that the Roosevelt ;i; Istratlon has set up. It seems V, therefore, that we are wlt-7; wlt-7; g one of the most ridiculous ons that has ever occurred ln 1 fcg where peculiar things are le. Succinctly, It amounts to ki'ach side actually is contend-r'.at contend-r'.at the other Is right. fc course, It should be said, for- water will flow under the ur; before the votes are counted MJ 'ember; Indeed, many changes 1 ci:ave come before the congres-'1; congres-'1; campaigns ln the various fSi! get stirred up to a white : "!but unless the course of bat-ct"w bat-ct"w Indicated Is altered, I pre-:oti-,e campaigners wili have to : 01 ne fancy high rope walking. 3' ?ly appears that getting one's 'igs tangled up In those argu-ls argu-ls about the easiest thing in , ous possibilities are offered situation. For example, are rei"jmocrats going to go out on 'ei'"stings and saying to their "'aieetlngs In effect that "we lot succeeded ; we must keep ' T;AA and the NRA" and oth-neE1,nd, oth-neE1,nd, at the same time, are we to hear from Republican nders that "the Democrats eked the depression and they vvaow put an end to their orgy Elndlng and running up bills wthe taxpayers must meet"? Iier side, of course, will say lose words. But, If the argu- roes ahead as it has started, jj.lll have to be the substance ,lr tale to the voters. There iersi' . . ive to be some very careful, re b 1 as very quick, thinking be-D0'ie be-D0'ie campaign's end. One po- observer here suggested that ; ny turn out to be a most con-in8 con-in8 . campaign because of the ly that Is now presented by ace 'ell's declaration. :o."J e Is considerable discussion y0-s to how far-reaching the ef-inp ef-inp feet may be If recasf the Republicans IT. '.ulation strpRS- wlth E,,m- cient vigor, the ;lon that the Democrats are to hold on to the extra Jobs ' '" at they are continuing to taxpayers' money for repny-'reJ)f repny-'reJ)f political debts. There Is !int' something sinister about ind of thing. Whether the " Is right or wrong, many 'irit got suspicious when cam-ioW-s persist In talking about n the federal treasury. They I S! think of It In terms of theft isbaricy from the local bank or and not In the terms of po- maneuvering, although I con- can see little difference. It m has happened that the polit-j polit-j rty In power has controlled jl iv of public moneys Into the 3&3vhore the funds will do the rood, politically, and when i side kicks about that. It t to me It Is exactly like one j ailing another "longear." " n't even suggest that I can Swhat the ultimate effect of 4 strange arguments Is going Anyone who tries to predict Vult nt this time Is Just being i yri'e best Judgment I can get L' the results In the various ( j'slonal districts are going to VlThe difference likely will be :fffrsi'nt entirely upon how many i'.V ;'S plain bonehead stato-the stato-the various candidates make : r attempts to follow argu-,. argu-,. "nil analyses laid down for ajty the national political com-pH.'L com-pH.'L My belief Is that there J-P, plenty of them and there !sllV l'P' ,!KreforG. R consider-"Sfjiiount consider-"Sfjiiount of surprise when the I'aTisre counted. l;:a"lte apparent to the Demo-iji Demo-iji lenders, nnd they say so, that I I IJiier of house seats, now held 2 by Democrats, will be turned over j to the Republicans next fall. There are seats occupied by Democrats who have no reason on earth to be I In the house except by virtue of ' the tremendous landslide that placed Mr. Roosevelt In the White House. Districts normally Democratic Demo-cratic are more than likely going to continue to elect Democrats, but the "political accidents" that elected elect-ed many others of the vast majority major-ity in the house are going to send many home because they come from overwhelmingly Republican communities. com-munities. The Republican leaders lead-ers are asserting they will pick up eighty or ninety seats from the Democrats next November. There can be no doubt that they will gain some, but eighty or ninety is a high figure in anybody's language. It seems to me that Representative Representa-tive Mark Wilcox of Florida has won a rather slg-'First slg-'First Termer' nal honor ln his Wins Honor first tenn aa a member of the house of representatives by obtaining obtain-ing passage of the legislation that has come to be known as the municipal mu-nicipal bankruptcy bill. It is something some-thing like twenty years since a "freshman" member of the house of representatives has sponsored a piece of legislation of national scope that was passed and became a law. Plenty of new members have introduced bills, nationwide In their effect, but as far as my research has disclosed, none has been successful suc-cessful in the last twenty years. Mr. Wilcox won membership In the house by defeating Mrs. Ruth Bryan Owen, daughter of the famed William Jennings Bryan, for the Democratic nomination In his district dis-trict where the nomination Is tantamount tan-tamount to an election. So he was given a baptism of fire before he ever reached the house itself. The measure, as I . said, is national na-tional ln scope and It probably will affect the financial status of some 2,500 communities which the bill calls taxing districts. This list of taxing districts Includes municipalities, munici-palities, counties, boroughs, villages, vil-lages, parishes, townships, and Incorporated In-corporated taxing districts such as schools, drainage. Irrigation, levee, sewer, paving, sanitary, port, or any other districts in which Improvements Improve-ments have been made in bonds and sold to pay for them. In order to take advantage of the provisions of the law, the taxing district must declare itself to be insolvent and unable to pay the interest or principal prin-cipal of the debt. The officials of the taxing district may petition a federal court for the right to arrange ar-range its debt on a new basis, but the court must be shown that at least three-fourths ln number and amount of holders of the bonds are willing to agree to the terms of a compromise. If they do agree, then the court may Issue a decree that will compel the remaining bondholders to accept the settlement. settle-ment. What happens, of- course, Is that the taxing district will be able to replace the defaulted bonds with a fresh series, probably at a lower interest rate. The taxing district gets out of the predicament of what amounts to bankruptcy, and the bondholders get new securities which are marketable and have something like their face value, because be-cause the interest will be paid. This privilege Is extended for only two years, but It Is the general understanding under-standing that the communities concerned con-cerned will be able to accomplish settlements with their creditors much sooner than that, and It Is obviously ob-viously hoped nlso that improved financial conditions throughout the nation will make the Job of rearranging rear-ranging the debts easier than It was a few years ago. One of the obvious results of having hav-ing the spotlight turned onto an Individual In-dividual or a fact Kidding or an Issue is the NRA 'lcn,y of conv meat. Teople talk about it. Sometimes, however, the talk develops jibes and Jests anil ofttlmes they are not pleasant for the ardent advocates of a proposition proposi-tion to swallow. For Instance, until un-til recently discussion of NRA had been confined to serious argument, very often of a heated character. Lately, however, jokes and puns about NRA have been emerging with greater frequency nnd there are now a considerable number of them. The latest, and one of the best that 1 have hoard, runs as follows fol-lows : N. K. A. me down to sleep. I pray Thee, Lord, my codes to keep ; If I should bust before I wake, A. V. of L. my plant will take. I beard already that the American Ameri-can Federation of Labor considers the reference to It ln the dogpercl to be closely akin to unfair practice, prac-tice, or whatever It Is organized labor la-bor says about those who are not its supporters. General Johnson's reactions are not yet n matter of record, although I know he has seen the thing. by Wwitern NW9rApw Union. |