Evening star., 1934-03-26

Peace having been preserved in the
automobile industry directly through
his Intervention. politicians will have
to revise their recent judgment that
President Roosevelt's luck has deserted
him. Just as industrial warfare on
any large scale would have brought
the new deal face to face with its
supreme crisis, the glory accruing to
the President from its avoidance, his
supporters say, will be correspondingly
great and his reputation for leader
ship rehabilitated. That is why the
administration left no stone unturned
to prevent the warning groups from
resortlng to extremes. Not only were
Democratic political fortunes at stake,
but with them the prestige of N. r. A.
and the entire recovery program.
Prevention of the automobile strike
will not utterly Danish the danger of
further industrial disturbances. but
the motor peace pact comprehends
| certain fundamentals designed to re-
duce to a minimum the likelihood of
serious eruptions in other fields. For
one thing, the ancient and thorny
question of the open shop, authorities
feel. should be far advanced toward
final solution. Railroad peace is now
definitely expected. in the wake of
the automobile settlement.
x y
When President Roosevelt is back
from Florida early in April, he will
| flnd himself in the thick of the OPEN
ing phase of the 1884 political battle.
The fight for control of the next Con-
greSs will be waged intensively on
Capitol Hill during the remaining
weeks Of the session. Virtually on all
legislation now pending or in prospect,
especially the administration tariff
program, the Republicans are girding
for relentless opposition and are de-
termined to make out of it every ounce
| OF capital they can for the ensuing
congressional campaign. Both Houses
will resound with much thunder about
Relationship" The elephant was pre-
| pared to roar long and loudly about
strikes and industrial strife, but it
looks as if an unkind fate had robbed
the G. o. P. of that issue at the
eleventh hour.
Washington will welcome this week
President Stenio Vincent of Haiti, who
| is due to arrive In New York today,
| He desires to sound out President
Roosevelt and Secretary Hull on the
possibility Of immediate withdrawal Of
the remaining United States Marines
from Haiti. 1t has been planned to
bring them back next Fall. Haiti also
hankers for financial independence.
An American financial mission still
has control of the republics money
matters. President Vincent is COM
pleting his fourth successive year in
office at Port-au-Prince.
x X X *
Nothing has detonated in the Wash
ington diplomatic corps in long
time with such bang as the bomb
shell just hurled by Secretary Nor
| genthau in proclaiming a ban on
loans in the United States to coun-
tries in debt default here. BY a
strict Interpretation of the johnson
bill, under which Secretary Morgen-
thau made his ruling, even countries
which have made So-called token
payments on debts would be ruled
out. These include Great Britain,
Italy, Czechoslovakia, Latvia, Lithu-
ania and Rumania. Nations in de-
| fault include France, Belgium, Po-
land, Esthonia and Hungary. At one
time or another nearly all these
countries have been applicants In the
American money market for postwar
loans in one form or another and
| noW find themselves shut off. Alone
| immune from the Morgenthau decree
is Finland, which has kept clean
slate at Washington.
To Senator Hiram johnson Of Cali
fornia falls the distinction Of being
the one and only Republican to initi-
ate legislation which blossomed out
as q Roosevelt administration policy
the foreign loan embargo. Having