The Waterbury Democrat., 1934-03-07

| Roosevelt really wants stock eX- change control legislation enacted this session, comparable in quail ity with the Truth in Securities" act, he is going to have to exert pressure on Capitol hill. Wall streets frantic under cover drive against the drastic Fletcher -Rayburn bill has made serious inroads among members of the senate and house commit tees. They are scared. Of the 20 members of the senate banking committee. only about five favor 1t. The line-up in the house in- terstate commerce committee is reported about the same.
 As to where the president stands there is considerable dif- ference of opinion. Twice he has publicly declared for stock ex-. change control at this session. But each time he was careful to add that he had not tread" the Fletchcr-ltayburn bill.
 However-one day before the bill was introduced he sat for an hour with it's sponsors-Senato Fletcher, Representative Rayburn and Ferdinand Pecora.
 This does not mean however, that Roosevelt approved. The if- side word Is that the administra- ton is using this drastic bill as a trading proposition to get as much stock market regulation as 1t can.
 MUSIC LOVERS
 Washington may know it's poli- tics, but when it comes to music
 The National Symphony or chestra, the capitals own musical organization, was giving one of It's regular concerts. The event was well attended both by society and ohlcialdom.
 The program went off without untoward incident-until the last number Stravinsky's "The Fire Bird" At the end of the third movement which reaches a great climax, the orchestra paused pre- paratory to starting the second half of the composition. The au- dience burst into applause. Con- ductor Hans Kinder bowed. The applause continued. He bowed some more. Then to his, and the orchcstra's amaZement, the audi ence rose and began to depart.
 Kinder shook his headg ses- turcd, tapped with his baton. But In vain. So far as the fash i0nable crowd was concerned the program was concluded.
 fttn eyes about the great hall. His glance fell on one of the boxes. There, surrounded by several friends, sat Mrs Roosevelt, quiet, waiting for the rest of the num- Der. A music lover, she waited for the concert to go on.
 GOOD BOY
 There is more than one way of Cracking down."
 Postmaster Genedal Jim Far ley's recent intimation that Sem ator Royal S. Copeland might be denied administration support has had a chastening effect on all democratic senators running now up for reelection.
 The quiet hint that he was too far out of step to get administra- ton support in the New York primaries has made Copeland a good boy. Until that hint he was the most vociferous opponent of the St Lawrence waterway pro- Ject. He is still against 1t but no longer voclferOus. Nor is he so clamorous In opposing other ad- ministration-annointed measures.
 Other senators have profited by his experience. Views vary re- garding the behind the scenes manipulation for the St Law renee treaty. But whether the op- position is won over, one fact Is Datcnt-its outcry has died to a faint murmur. Also. administra- tion bills are being skidded through the senate almos as cas- fly as through the house.
 LIQUOR RIGGING
 Joe Choate, lean, chief of the federal alcohol control adminis- tration, was discoursing on the trials and tribulations of his job. One of his listeners refused to be impressed.
 hh thMt hS uouDtIcSS true, he protested. "But why Is the price of liquor sO high?" Smiling patiently, Choate re- piled:
 Well you see it Is this way, It Is more or less for the same req son that a ship Is called she because the rigging costs more than the hull"
 PERSUASION VS LAW
 Dr Leo Wolman's spectacular now you see it and now you-d6n't resignation from the national labor board was no sur prise to insiders.
 It has been an open secret for weeks that the able, but temper amcntal, economist was not sec ing eye-to-eye with Chairman Bob Wagner on labor board poli- cies. A basic difference over method of procedure existed. Because of his connection with the progressively liberal Amalga- mated Clothing Workers, Vol man IS generally branded a rad ical." Actually he is far from that. He Is no direct actiOnist. His theory is to use such ln(ins- trialists as Gerald SwOpe, head of General Electric, and Walter c. Tcaglc, president of Standard OH of New Jersey, to wiring,