The Waterbury Democrat., 1934-02-12
can conduct this system Of barter

can conduct this system Of barter
itself.
3. Another plan has been
evolved chiefly by representa-
tives of General Motors. 1t pro-
vides for a central trading cor
poration in the hands of private
companies. The principle remains
essentially similar.
4. The l&C-C planners are
owen d. Youn.; Of General Elec-
trio and David Sarnoff. head of
the Radio Corporation of Amer
lea. They suggest a partnership
between the government and big
business in order to undertake
the same principle of barter.
Behind their proposal is the be-
lief that any planned economy
must have government control,
but that the big export firms
which will profit most should CO.
operate. Also the government
cannot pay salaries high enough
to attract export executives,
they argue, while private busi-
ness can.
ROOSEVELT DECISION
The president Is now busy
studying all four plans. Perhaps
q combination of them may be
the outcome.
Trade first will be pushed with
Russia and Latin America; II
things work well, to other cOun-
tries. The IL. II. G.. bank of for
eign trade is the first step I'm this
direction. Credits will go TO the
I'm ~ N.nt hn
purchaser. This should keep
production stable, instead of
squirting industry now, letting 1t
drop later.
One thing upon which Roose-
welt insists Is that the u. s. A.
cannot sell unless 1t buys. This is
one of the big bases upon which
the state barter plan Is being
built.
misunderstood
Jim Able. crack international
photographer, now shooting"
Washington, was posing Captain
Herman Won Goring in Germany
not long ago. Goring was taking
1t too seriously, looked decidedly
glum.
"You know" said Able trying
to coax q smile from his subject,
"Wc can't have you looking SO
dOur. Over I'm America they
think you devOur children for
breakfast"
"Ah," sighed Goring, "how
one can be so misunderstood. 1
never eat any breakfast"
MAIL BAG
A. L., EmpOria, Kansas-Rep-
rcsentative Randolph Carpenter,
although q democrat, has fought
and voted against the president
on every phase of the veterans
compensation issue. Carpenter,
pehrsonally amiable, is the back
row type Of house member, def
nitely Il lesser light In the Kan
sas delegation. DIR. l.. M.
H., Carnegie, Pa. - Ambassador
Built Is NOT "a Russian agent"
The Russian government has
paid all its obligations In full
and on the dot; 1t has not sent
paid secret propagandists to this
S. Ex-senator Jimmy Byrnes
from your state, and Represent
tative Joe Byrns, democratic
floor leader OF the house from
Tennessee, are not related. Both
spell their names with q 'y,"
but Senator Byrnes has an &c"
in his. Both are leaders among
the presidents legislative lieu
tenants, but Senator Byrnes Is
far ADLER and more effective.
A. r., Little Rock, Ark
Senator Joe Robinson was re-
elected for his fourth consecutive
term in 1880 by carrying every
one of Arkansas rs counties.
r. OR, lei PasO, Texas
1t is reported that Huey Long
intends taking part in the cam
paign against Senator Connally
of Texas, because of Connally's
part In the senatorial investiga-
ton into Louisiana politics.
IIigh-schOOl Student, Columbia,
Tcnn.-Secretary of State Cor
dell Huls newest nickname Is
Sec; his intimates call him by
his first name; many call him
Judge" q. H., Boston,
Mass.-Senator Marcus Coolidge
has made one or two speeches in
his inconspicuous career in the
senate. q. W., Washington,
ID. C.--Fred Payne, assistant sec
rotary of war under Hoover, was
q close friend Of Joe Silverman,
now under investigation in re-
gard to war department con-
tracts.