Milford chronicle., 1934-10-19
Washington Snapshots

More and more II is being accept
ed that Americas path to recovery
lies through the stimulation of pri-
vate enterprise and capital and not
through ill-advlsed panaceas such as
the 30-hour week.
The New York World Telegram,
one of the staunchest of New Deal
supporters from the beginning, ac-
cepts this viewpoint in an editorial
commenting upon President Roose-
velt's recent "fireside talk"
The newspaper asked, what good
is a shorter week or higher wages IL
the factory shuts DOWN."
"On the basis of last years exper-
fence Il seems fair to assume that
there will be no major sustained re-
covery until private capital goes
back to work, until the vast credit
reservoir is turned into productive
channels" the editorial said. mo
amount of government spending can
take the place of private investment
as long as this is capitalist sys-
TEN.
ITO call this condition a capital
strike is to miss the point The bar
rier is not spite, not a boycott
against the New Deal. II is uncer-
tainty. People who have money and
credit are not buying and are not
borrowing because they do not
know what the value of money is to
be, what the rules of the game are
to be. The New Deal policies are not
known to the public.
"And that uncertainty-rightly or
wrongly-is feeding the fear of the
future, which helps to block recov-
cry"
The publicity batteries of the New
Deal are showing the strain of the
pounding pace they have tried to
hold for many months. In one or
two instances recently, speeches de-
livered by members of the Admins
tration high command and released
through the publicity divisions con-
cerned have been recalled and sub
stitutes rushed to the press. And in
at least one instance (when Donald
Richberg spoke at the National
Press Club luncheon) the speech as
actually delivered was somewhat de-
leted and revised when It appeared
in mimeographed form.
s&&
Such inside confusion and ner-
vousness is easily explained. There
have been so many changes in per-
sonnel and policy, so much pulling
and hauling among the high-ranking
New Dealers, and so many contra
dictory statements made by those
having a certain amount of author
ity to speak that the publicity de-
partments are almost as bewildered
as the public. Also, election day is
near, and the back stage moguls Of
New Deal publicity are looping off
all words, phrases and sentences
that might be used as ammunition
by the opposition.
sHs
Senator Henry F. Ashurt Demo
craft of Arizona, chairman of the
Senate Judiciary Committee and 100
per cent for the New Deal, has re-
ceived his first heavy jolt at the
hands of the Administration. He
made the denomination hurdle in a
election September IL. one
Df his campaign pledges being his
continued support of an irrigation
project in Arizona for which Public
Works Administrator Ickes had al
otted more than $1S,O00,0O0 But
Mr.. Ickes knocked the project in the
read by cancelling the allotment on
october 4.
Jockeying for position in the
House Speakership race is at white
leat. Floor Leader Byrns is far out
n front for rail position, today. but
oday is not the day Congress con-
renes. Blocs are forming to the
light and left. Byrns has spent some
ime in Washington recently. He
nows what is being done. Glue this
n your hat: II Byrns doesn't get
ONE Administration support q. e..
nough to do the job-Garner, etc.D,
hen 1t will be just as well for all
'arties concerned for the Adnlinis-
ration to muster enough strength
o defeat him outright for the Speak
rship and also enough to push him
fl the floor as leader.