Evening star., 1934-07-15
Fever Chart of the New Deal
Shows Many Changes in Personnel

jobs and political pull is needed to
get Government advertising under the
Secretary Of the Interior.
AS Mr. Ickes slips from the fore
ground as a depression breaker. up
has risen James A. Moffett of the
Standard Oil Co of New Jersey and
the Standard Oil Co. of California.
He has little Government money to
spend. but, as new Federal housing
administrator Mr. Moffett confident
ly expects that he can entice large
amounts of privately held money into
use for building purposes. Mr.. Ickes
a year ago was talking of from s.
100000 to 100000 jobs out of his
$4,000 ,000,0 600 fund Mr.. Moffett now
predicts 100000 jobs out of the pri-
vately owned money he can attract
to investment in mortgages.
Probably the professor who has
fallen the farthest from grace in
Washington is the most obscure of
the leading personalities who infiu-
enced the new deal He is Prof.
George F. Warren, farm economies
teacher from Cornell University, who
showed the President how to chisel
gold out of the dollar Elaborate call
culations lay behind his recommended
tionS. designed to show that as the
dollar was chiseled down. prices would
go up. The first half of the formula
worked; the second half didn't, at
least not as fast as expected. So
Mr.. Warren no linger is a back-door
visitor at the White House.
X
AS he stepped down, up rose the
dollar, standing on its own feet. 1t
stands high in the regard of the pub
lie right now, judged by the stub
bornness with which its cheapening
through price rises is resisted. But
already the inflationists are out shoot
ing at the new currency, hoping to
topple it from its present pedestal.
They think it should require S41.34
to buy an ounce of gold instead of
S35 as at present. Mr.. Roosevelt has
limited that they may not know what
they are talking about.
From a human interest standpoint.
one of the recent shifts is particularly
significant. 1t concerns the retire
ment of Senator Robert F.. Wagner
from the job Of strike settler and the
emergence of Frances Perkins. fem
mime member of the cabinet, as the
country's No. labor adjuSter.
Senator Wagner has stepped aside
solely because as Senator he cannot
hold two Federal jobs. But the Presi-
dents dependence on Miss Perkins to
deal with all important labor problems
not only is testimony to her abilities.
but means rebuilding of the Depart
ment Of Labor into a more important
arm of the Government.
Also up in this new deal for the
Labor Department. is a young Uni
versity of Wisconsin Law School dean.
Lloyd Garrison. who heads the new
National Labor Relations Board and
who will seek to straighten out the
countryS labor tangle.
While individuals move in and out
of the Washington picture, having
their moment in the public eye. one
policy-a policy that year ago rep
resented the principal objective OF the
Roosevelt administration-ha gradu-
ally been soft-pedaled. 1t is the drive
for higher prices at any cost.
Higher prices there have been, but
seemingly no one is satisfied. Farm
ers are kicking because prices of the
things they buy advanced. City
workers are kicking because the cost
of living has increased. The N. r. A.
helped put up ore group Of prices,
and the A A. A. helped put up the
other. Now the props are being
knocked from under the N r. A.
prices. so that farm prices will look
higher.
(CopyriEht. I0a4l