Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-12-31

presidential dictation or influence.
There is no doubt that Gov. Smith
Is the best vote-getter the Democra IL
have had in the Eastern States. where
big electoral votes are counted The
Republicans know that they must have
an equally strong vote .getter, or a bet.
ter one. Opinions differ as TO lust how
strong Mr.. Lowden. Mr., Dawes, Mr..
Hoover ar Senator Curtis would be In
the Eastern States: but opinions do
not differ az TO what Mr.. Coolidge
strength would be in the East II he
were 10 be renominated. This eonvic.
ton on the part of many political lead.
ers has led to an undercurrent TO the
effect that Mr.. Coolidge should I've
drafted in spite OF his personal wishes
Many business men have given un
hope that Mr.. Coolidge could lie per,
suaded 10 accept the nomination. but
others stiii cling 10 IL. II by any
chance the Republican National con,
sention should decide 10 ask Mr.. Cuoi.
tdse the definite question of whether
he would accept the nomina ton when
rendered TO him. md If Mr. Coolidge
should accept. there is no doubt that
the business world would be very
happy, indeed. Such a sentiment for
MIR Coolidge would proha bly, develop
mere intensity If business conditions
In the first six months of 1928 were
above expectations 1922 eircunstan nee
that il considered not unlikely II agri.
culture should have a good beginning
congress In Chaotic Session.
Congress Is in The midst Of a chaotic
session, but many OF the things which
ar. getting the h.Ddines dn not ma.
fHFiallN aManf
over the seating of Senators elect
Smith and Ware In Interesting reading
hut u has M reiat ionship to The busi.
ness world. any mf than the inves.
tiSation into the opera Ion OF MeSira u
ma noes The invest gatlon of the
public utitity industry In. however. an
exception, and there II no coneea ling
the TACT that public utility executives
are worried over the extent to which
the Investigation may 20
The big problem OF food control In
u source of much worry. because con.
nlcts between the States and the Fed
eraI Government probably viii not he
ironed out In single session Of Con,
gresH The economic insses IN the
Mississippi Valley and In New Eng,
land due TO the floods have played -
vital part In putting Congress Ia a re
ceptiva mood toward large nppropti,
ations for flood prevention The
amount that viii be expended will az.
feet the tax cut
business men have been asking
through the Cha mh~r of Commerce OF
j the United states for S4bd .gUO. anu
tax reduction hut The administration
mas felt this was TOO high The Demo
I Gratis nave managed 10 put bill
! through the House involving tax cut
an ma
pfopfiaitons for flood control are den
hiiely known, In January or t'ebru
airy. the Senate will have Ia trim sails
i IN order 10 take care NJ the lnerea ned
expenditures. for IL IN felt that t3g6.
| 900, 900 In not likely 10 lts enough fot
nood control. or. rather that more
/ money viii have 10 he spent In ths
/ next thres years than Is planned hS
| the War Department in IFS recon
h'enF atoms The mississippi Valley II
| apnrehsnslVs about another nuod M
II anxious that more money he spent
IN lhe next three years than In tht
succeeding seven
! Zig Tax fm IN sight Anyhow.
| But there II II blk tax cut Ia sight
anyhow, Hud this II expected 10 stim
uiaie business. not only by permitting
, Tie Amrrlran taxpayer 10 spend IA,
: money mat he otherwise would give
/ To The Government bal also by pro
| tidlhE an inrentiVs itapetinnee ha,
Taught thHi taW las rnieA do have d
stimulating effect on individual inlt Ia
1--WE
Both the Demoera.. and the Repuh
ilrans rsaliLs that ihs suceeas al
American business fensnds upon bsina
ktten an opportunity Ia develop uatll
rally and Without sAesssivs Govern
msht restraint, Broadly spaaking
thsfs In titils far an 10 the uetiun N
ths present Congress 80 far ~ bust
nsss prosperity IN concerned Tn,
problem. az business are sill IN tn
ha nds ~ business
The bis question ahead 10 10 aDpi,
The lessons of afftrieneR that have besI
lea nef ~ pfodurlinn nnd 10 ami
them iniehslvsiy IN The coming DECADE
VI distribution,