Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-30
Few Predictions Are Made
OF Success of Debentures

| the Pasadena Star-News (Republican).
Predictions of veto are made by the
South Bend Tribune independent Re
publican), the Brooklyn Daily Eagle
| independently the Charlotte Observer
| independent Democrattc), the Seattle
Daily Times independent Republican,
and the Providence journal Cndepend-
ent). The Louisville Courier-Journal
| independently, agreeing to this view,
states: "a veto would leave the Presi-
dent with legislative power conferred
upon him by the Fordney-McCumber
act-power which he sets such great
store by
AS viewed by the Roanoke World
News independent Democratic), "the
action of the Senate coalition served
notice on the White House in unmis-
taxable fashion that the alliance be-
tween the Democrats and the Western
bloc must be reckoned with as the de-
Gliding factor before any tariff bill be-
comes law" That paper, however, sees
little prospect Of debenture legislation,
stating that, lin fact, many of the
Democratic Senators who voted for 1t
will not be sorry to see it stricken out
in conference; that they do not be-
lieve in it and only voted for it as q
sop to their new allies and for the addi-
tional purpose of bedeviling and en-
barraSSing the Smoot-WatSon-Reed fac
ton" The Akron Beacon Journal
(Republican), condemning excessive
protective schedules" adds that those
who were insisting upon this type of
treatment for protected industry really
invited the repriSalS the radicals in the
Senate are making and should not COM
plain"
General condemnation Of debentures
is stressed by the Cincinnati Enquirer
Independently, Wheeling Intelligencer
(Republican), Springfield Republican
independently and Detroit News (inde-
pendent), while the New York Sun Gin
dependency says: Those Senators who
was No debenture, no farm relief ap-
pear to have amended the slogan to NO
debenture, no tariff reviSion!' This Is
a challenge which the President. the
House of Representatives and the Nation
at large can afford to accept"
With perverse persistence" declares
the Birmingham News (Democratic),
1.-The Senate adhereS to its unSound
views on this subject. Instead of en-
barraSsing the President, the latest &C
ton should tend to awaken sympathy in
Mr.. Hoover'S behalf. Instead of impair
ing the Presidents prestige, what the
Senate now does provides Mr.. Hoover
with fresh opportunity for strengthen
ing his popularity in circles where pop
4lluldlldDOlS
News independently thinks that 1.-THE
inference would seem to be that the
chief purpose in the minds of the IA
Republicans and % Democrats who
voted for the debenture amendment was
to make impossible the passage of the
BILL
The purpose to make the legislation
material for use in trading Is seen by
the Sioux City Tribune independent,
Bangor Daily Commercial Republican,,
New Orleans TimeS-Picayune Demo
cratic) and Cleveland Plain Dealer Tin
dependent Democratic). The Syracuse
Herald independently offers the ap-
praiSal of the situation: THE final re-
suit may easily be the failure of the
Seventy-firSt Congress to enact any
general tariff measure. However, such
a result, though unpalatable to the ad-
miniStration wing of Congress, would
on the whole be more satisfactory to
that wing than to the Democratic-Pro-
gresSive coalition. It would deprive the
Democrats of a coveted issue for 1880.
As to the ProgreSSives, they would be
of the F'ordney-McCumber tariff, in
GLIDING its elastic proviso and minus
any debenture subsidy"
THAT the plan is just an alien rider
on the tariff bill IS not true" asserts
the Savannah Morning News Demo
cratic). eff the debenture idea belongs
anywhere, 1t belongs in tariff bill, sim
ply because 1t is just the opposite of
tariff. A tariff duty is something that
Is paid to the Government on commodi-
ties brought into the country; an export
debenture is something the Government
pays ON commodities exported from the