The Waterbury Democrat., 1934-05-29


:. well, tho fact IL, waited
around, and looked ~ hungry ms
| could, and made subtle hints,
but nothing happened. They just
wouldn't invite me TO stay"
BIG VS. LITTLE
Few issues since the inception
of tho New Deal have gone
closer to the roots of our eco.
nomic system than the present
eat-andsdog fight between Clar.
ence Darrow and General Hugh
johnson.
The unfortunate thing Is that
the fight has boon 30 bitter and
the personalities involved 10 pic
turesque that they have partially
obscured the renl issue--wheth.
or American business In to BIO IN.
dividuallstic or In to develop into
q system OF chain stores, chain
factories and vertical trusts.
Tho United States was founded
on u system OF indivlduallBm,
On the other hand, II has been
tho small factory owner, tho
sweat shop proprietor, who has
exploited, labor, driven wages
down TO tho starvation point,
Tho big companies, despite ut.
tackB upon them by tho admin
istratioD, despite many unfair
practices, on tho whole have
paid better wages.
The above, of course, IN an
OveF.slfnpllficd statement. The
issues are sO complicated that II
n dihlcult % gcn0rnllse.
But tho important fact for the
moment Ii that the fight between
little business and big business
IL going to haunt and hound tho
Roosevelt administration - and
those succeeding it---for q long
time.
REVIVED FEUD
\ Virginia's contentious senator
Carter Glass and Alabama's
Stubbornly Independent Repre-.
sentative Henry Hteag0ll are at
Since 1891, whom steagaii be-
came chairman OF tho house
banking committee, tho two hot.
bloodod Bluebloods have been nc
opposite poles on every fiscal IL
sue.
Glass, wiry, wagplsh, wealthy,
IA q tory. Stoagail, big, heavy
built, quIot.Bpokon but unyield.
Ing, In u monetary liberal, with
u strong taste for iniiatlonary ON.
poriments.
Such ideas and schemes arc
hnathomR 10 GLASS. lilo has
stormed and ragged ut Steagull,
who has gone his way uneon-
eernedly--n fact which has not
endcAred him TO tho trigger.
tempered Virglnian,
Now Steagall Inns ngaln thrown
defy Into Glass teeth.
BANK INSURANCE.
Recently, the senate. with tho
presidents approval and under
Ijlass' leadership, passed u bill
continuing for another year the
present $500 limit on federal
bank deposit insurance, Tho
measure went 10 Stoagall's COM
mitteo.
He took his sweet time In act.
Ing on II. And whom finally no
got around TO reporting out tho
measure II was u Steagall bill
and not tho ono Glass favored.
Not only had tho deposit guar.
tee been upped TO $1,000, but,
adding insult 10 injury, Steagall
hal calmly tackled on a provision
for paying depositors In closed
banks.
n there II one thing % which
Glass IN Adamnntly opposed, II
N the popular proposal 10 use
federal funds 10 llGuiiate frozen
deposits.
steagall's proposition is merely
pormiBsivc, authorizing tho I'D
ministrntion TO pay of deposltors
" u sees fit. Tho inside whisper
among congregational lenders In
that Il IL merely u gesture to
quiet the nation. wide agitation
for such Legislation.
But Il In not soothing Carter,
lie has already started thunder.
Ing against II, and when II
reaches the senate floor tho
lightning probably viii DO both
brilliant and devastating.
MElsJsY.GO.ROUND
PORTRAIT Of that h0liest
sanctum snnctOruns, the senate
democratic clOnkrOOm: Mahog.
any lockers, each with u sena-
tors name engraved In "A brass
plaque on tho front. Five
tuftod .leather lounges. +. Jim
Ham Lewis OF Illinois on ono,
lying on his beck, toupee COW
cred with u handkerchief.
Morris Sheppard OF Texas on nn.
other, also on his back, hands
folded over his tummy, snoring
lightly, An electric refrig-
b, GRAFTON surmountcd by 10 differ
ent varieties Of mineral water.
Ariyona's Henry +. Ash
hurst ambling In i've minutes
before tho days session In call
} ed handing his hat and cane to
q page with the direction: Here,
take my stick and bonnet"
The pages never fail to giggle.
i. Huey Long, clustering In
and tossing his Panama the
ssSd se Si page M NM sw Tyan a.
OF Maryland, tall and slim, APP
nearing with a twinkle in his
eye to ask II king George has
Senator Bailey OF North
mischevious, opening bottle
of mineral water so II will squirt
on the gathering Of pages near
by. Senator Lewis, awake
now, combing his whlskers be-
fore q mirror, while Iowa's Sem
ator McCarran stands at his
side. huffing his blue-white
haid before entering the cham
Der. The deafening sound
of the bell for opening roll call.
Yawns. Extravagant
stretches. Senators stroll
ing through the door into the
chamber to answer to their
names. -. Another day Of the