The Waterbury Democrat., 1934-01-10

has borrowed 5O,0OO,O00 of R. F. c. money. Heads of the bank were all set to install orthodox George A. Ranney, of the Inter- national Harvester, had even gone so far as to announce the fact.
 THUMBS DOWN
 But Ranney does not meet the RFCs ideas of the kind of man it feels should lead the in- stitution. So 1t turned thumbs down, and Ranney's name was withdrawn. The corporations choice is Walter J. Cummings, dynamic, hard-hitting head of the Federal Deposit Insurance corporation. The bank is secretly opposed to him and there have been denials and counter-de- denia1s of his appointment.
 If the REC wins its point, a new precedent in government cntrol of banking will be estab- lished. The entire banking cOm- munity of the country is watch- ing the outcome of the cOntro- VerSy.
 TRUST BUSTERS
 Important developments i'm pend in the tightening up of the governments antitrust safe- guards.
 The president has put the fed eral trade commission to work studying the NRA's effect on helping Big Business to create monopolies. On the basis of it's report, steps will be taken to end abuses.
 The matter was precipitated by senate prOgressives, who charged that powerful business groups were using NRA codes to drive small industries and iner- chants into bankruptcy. They laid their protest before General Hugh Johnson, who promptly proposed the setting up of special NRA board manned by prOgressives to deal with such complaints.
 The progressives like the board idea, but fought shy of taking places on 1t. Finally Roosevelt proposed that the trade com mission be called in.
 FORGOTTEN MAN
 Gardner Means, brilliant econ omist, close friend of Brain Truster A. A. Berle, is the latest Forgotten man."
 Means was summoned to Washington several months ago and made an economic adviser to the AAA. He was given an office, and that was the last heard of him.
 The other day. an AAA execr- tive struggling with a particularly difficult economic problem, sud- denly recalled that Means was on his staff, and attempted to get in touch with him. Bus in vain. No one seemed to know where Means was located. Finally. he came upon Dr Caroline Ware, put the question to her.
 To his surprise, she promptly gave Means office telephone number. How do you happen to be so well informed?" the execu- tive asked.
 "Dr Means is my husband" was the quiet reply.
 MERRY-GO-ROUND
 At a recent White House re- ception Alice Longworth carried large leather handbag. an omnibus affair capable of hold ing everything but the kitchen stove. It was the kind ladies take shopping and which only Alice would dare take to the White House. The president con- tinued to stand up during the hour and half necessary to shake hands at White House receptions. He leans against a bank of ferns in which is con cealed solid support, putting his left hand through the arm of his naval aide. <. Inciden- tally Roosevelt seldom fails to catch the names of his guests, many of whom he has never seen before. There is certain trick to this. Each guest gives his or her name to the aide, and the aide repeats it to the president. Thus Roose- welt is able to hear the name twice. As young Ned Burl- ing, son of Washington's distin- guished legalist,, approached the president at recent reception ne Idu HIS ieII nunu III HIS DOCK ct. =. A secret service body guard made him take it out. Mrs Fortescue Massie, principal in the famous Hawaiian murder-rape case, drawled to friends at the last White House reception: I've been through the line twice, and I'm going to see how many times I can go through again before they notice I'm repeatin'."
 (COpyright, 1884, by United