The Waterbury Democrat., 1934-02-13

pering with the securities act, was counted on to offset Bailie's influence with Morgenthau.
 Now, however, he seems to have been won over. He is pri- vately telling his friends that rec vision of the act is necessary in order to avert ''capitaI strike" by the hOstI.c 1ankers.
 In pushing their activities to scuttel the law the bankers are resorting to deep strategy.
 The plan is to hold back an open move in congress until sometime in April. By then a. marked upturn in business is expected. Public and congress sional suspicion probably will be lessened as a result. With this hoped-for friendlier attitude, the bankers will trot out the re- vision. program, carefully dolled up with the plea that modifica- tion is. necessary to facilitate "an easy flow of capital"
 AN AUTHORITY
 Verbose and hyperbolic, So- licitor General James Crawford Biggs was arguing case before the United States supreme court. In making a point he referred to what he claimed was pre- cedent established in the famous Teapot Dome oil lease prosecu- tions.
 Justice Owen D. Roberts lean- ed forward, listened intently. After a. few moments he inter- rupted with the quiet remark, "I think you are wrong about that, Mir Solicitor General"
 "Oh, I think not, Mir Justice, think not," Riggs responded. "I ann very familiar with the oil cases."
 Roberts leaned back in his backed chair, smiled faint ly, said nothing. His colleagues exchanged knowing glances. As chief government counsel in the oil prosecutions, Roberts devoted all his time to them for more than three years.
 MERRY-GO-ROUND
 There is a lot of speculation as to why Colonel "Toddy" George, son-in-law of former Vice-President Curtis, was sud- denly ordered out of the field artillery to an inspectors job in Texas. Toddy was second in command of Fort Meyer just across the Potomac from Wash- ington. So far as is known, the coloners only disgrace was to head the American army team in the Amsterdam Olym- pics where he made a remark able showing in the steeplechase. The only difficulty was that he forgot to take one jump, and the rest of the team followed him. All were disqualified. Pat Hurley, ex-secretary of war, is still rowing with the news writers. His latest battle is with Time magazine because it called him a lobbyist. George de la Barra, able commercial at- tache of the Chilean embassy, is an expert photographer, took some good shots of Washington during recent snows. .
 MORE MERRY-GO-ROUND
 News picture services had photographers on constant duty in the lobby of the hotel occu- pied by Huey Long and Mayor Thomas s. Walmsley, during the latter's visit to the capital re- gently. One of the services offered handsome bonus to the cameraman who brought in picture of the two men ex- changing blows. .. Plain clothes men are stationed in the house and senate galleries at all sessions c. Wall street inter- ests, thoroughly frightened over the likelihood of drastic stock market regulation legislation this session, are resorting to ev- cry means in an effort to head 1t off. Their latest strategy is a fanciful tale assiduously spread by their lobbyists that the administration has decided the bankers and brokers have been sufficiently pummelled and that it is time to lease up.' =. How far this is from the truth is indicated by the presidents remark at cabinet meeting last week that he didn't think much of the special committees rec contradictions for stock market control because they did not go far enough.
 AND SOME MORE
 Senator Dave Reed, facing a desperate reelection fight this year.. has invited the entire Pennsylvania congressional dele- gation, democrats as we'll as re- publicans, to a dinner at his handsome brick mansion on ex- elusive street, N. w., where is located also the privte home of Herbert Hoover. ., This Is the first time Reed has given such an affair for his Pennsylvania colleagues.
 Copyright, 1884, by United
 Feature Syndicate, Incl