Evening star., 1933-11-27

Opinions differ as to relative merits
Of the old and new figures IN the per-
sornel of the United States Treasury
Department, but it is widely believed
that, following the illness OF Secretary
Woodin, the leave of absence extended
to him. the resignation OF Undersecre-
tary Acheson, and the appointment OF
Henry Morgenthau, jr.. as Acting Secre-
tary, will have tendency to weld the
personnel of that branch Of the Gov
ernment into a more compact body than
it has been in recent months. Some
observers hold that the President hlm-
self is the actual Treasury force.
stable prosperity depends upon fair
play to the farmer" declares the San
Antonio Express, with the belief that
under Mr.. Morgenthau's direction, the
movement to raise commodity prices Will
be pushed more vigorously than before.
and the conclusion that probably the
farmers dollar will become even more
the Governments concern" The Omaha
World Herald, holding that neither the
President nor his Acting Secretary OF
the Treasury is willing to resort to any
of the radical methods urged that would
imperil the essential Soundness OF the
country" and adding that both are IN
accord in favoring the gold-purchaSe
plan. which day by day can be kept
Under strict control concludes that
"the choice of Mr.. Morgenthau may be
taken as an indication that this plan is
to be firmly and courageously pursued
until the event proves that 1t IS eHectlVe
or that it is not
'Morgenthau may be expected to give
instant effect to the administrators
experimental policies" says the Akron
Beacon Journal. THE youngest man
ever to be charged with the responsible
ity of running the Federal Treasury
he is 42-Morgenthau has plenty of
opportunity to show what he can do. II
he manages to cut the red tape and get
action on the many Federal relief meas
ures of which the Treasury is the
source, the country will say that Pres
ident Roosevelt has made the right
choice"
The administration seems to be
moving definitely and rapidly toward
the left" thinks the Boston Herald,
while the Charleston Evening Post
holds that "there Is no reason to doubt
that Mr.. Woodin would be glad to avoid
the responsibility for carrying out the
policies of the administration" and the
Baltimore Sun, failing to indorse the
new Secretary, advises the President to
guard in every possible way against
further disturbance OF public C0n1l-
dence." The Springfield Union suggests
that "it seems to be assumed that Sec
retary Morgenthau will conform with
out much difficulty to the Presidents
policies. whatever they may prove to
be-"
Announcing that "infiationary SEN
timent triumphs." the Charlotte OBJ
server comments: President Roose-
velt is, manifestly. determined to go
through with his plans for careful and
cautious inflation-quite distinct va
riety of imitation, by the way, from
that which others are trying to foist
upon the country. It is more intelli-
gent and far less dangerous, by COM
mon consent. than that policy of in
flation which would follow the enthu-
siastic devotion of Senator Thomas and
some of his colleagues for the utilization
Of silver as a metal basis"
Conclusion that the President will be
the dominant force in the Treasury is
reached by the Chicago Daily News. the
Newark Evening News, the New York
Times, the Haverhill Gazette, the Rock
ford Register the Hartford
Times and others, but the New York
Herald Tribune maintains that mo
President, however skillful, is compe-
tent to be his own cabinet or to func-
ton without the ablest advisers that
the country affords" 4
"Mr. Morgenthau," records the Pea
ncke Times, -has been cne Of the small