, 1934-12-26
WASHINGTON
by George Durno

SpOnsCrS-PreSS OF Official buSl-
ness kept President Roosevelt from
personally receiving G. p. Anes the
other day when the chairman OF the
Texas Company called 70 present
big business's recovery program as
worked out at the White Sulphus
Springs conference.
Ames made II clear he understood.
He realized that the presidents
schedule was literally damned with
conferences with New Dealers who
had ideas concerning the impend-
Ing report to Congress. His own
business appointments precluded re-
naming in washington an addi-
tional "a hours so he turned the
White Sulphur formula over 70
! Secretary Marvin Mcintyre.
Sideliners gained more than a
suspicion that the White House had
been following disclosures before
the senate munitions inquiry ana
developments at White Sulphur and
putting two and two together. There
is a plausible connection.
The day Of Ames' visit TO the
White House the Munitions commit
tee had uncovered an interesting
exchange OF letters between John
]. Raskob and r. r. M. Carpenter.
two vice presidents OF the r. I. Du-
Pont de Nemours company. which
! Chairman Nye decided revealed Y
birthtime and birthplace OF the
American Liberty League.
Raskob suggested In that eX-
change that Carpenter devote his
time 10 lining the Du Pont ana
General Motors groups up 70 back a.
definite organization 70 protect
capital from political encroachment
bv the New Deal. The American
Liberty League came into existence
a few months later with Irenee Du
Pont and Raskob on the board OF
directors.
Down az the White Sulphur
Springs harmony gathering Of big
business II was Raskob and owen D.
| Young. Of the General Motors group,
who played a large hand In franz
/ ing the magma carta Ames brought
70 the White House.
PERSONAL---VERY.. Roosevelt has
rather definitely split with most OF
the country's Big Business Dem
ocrats." To name a few IN addition
to Raskob and Young there are Al
Smith. who oTsce made some sue
cinct remarks about a "oaloney
dollar" former Secretary Of Wal
Newton ID. Baker. who has render
ed the utilities interests an opin-
ion that iva Is unconstitutional:
John w. Davis. 1924 standard bear
er. who thinks the Roosevelt adj
ministration Is headed wrong on
manv fronts: Senator Carter Glass,
who fought the New Deal gallant
" last session. ard JOuett Shouse,
executive head OF the American Lib
erty League.
In their place FDR * accepting
aid and counsel from such erstwhile
Republicans as Secretary OF Inter
Tor Ickes. Secretary Of Agriculture
Wallace. Chief Coordinator Rich
berg and Senator Norris.
The president has seen more than
the average run Of industrialists IN
the past few weeks but most OF his
time has been given TO his Official
lieutenants.
One of the business executives
who managed a recent audience
with FDR thinks the system Is all
wrong. With his own case In mind
he IS convinced the president could
make better progress with his New
Deal by devoting a lot Of personal
attention TO the capitalists.
This particular industrialist call
ed al the White House with many
convictions that were distinctly
anti-New Dealish. IN the course o.
his conservation he Succumbed 70
the fatal Roosevelt charm. ne
emerged with q new slant on the
New Deal logic.
"Why doesn't Mr.. Roosevelt give
more time to men OF industry ana
less to his Brain Trust theorists who
seem 10 be runring In circles7' asks
this man. Certainly there would
be a better understanding.
Sunny-On the bright side OF gov
eminent industrial relations stands
the Moffett mortgage reform plan
embodied in the Federal Housing
Act. President Roosevelt stands
squarely behind Moffett. He viii ask
congress to make federal-insured
mortgage securities as eligible as
other government psDer in Federal
Reserve system banks. The new
system will re%incigorate real estate
investment and start back the flow
OF capital into sound mortgages
Moffett's organization and the
Reconstruction Fyance Corpora
ton are recognized AZ the sounoest
parts Of the New Deal. and both
command nOn-OsrtiSan support.
Hunch-Faint heart ne'er won fair
office. And It's bad political psych-
oloey ID admit you're licked until
you are licked.
Take A tip on this o from Dr.
Simeon m FesS. who will be- Ohlos
senior senator only until Honest
Vic" Donahey takes the oath A.
Junior Buckeye Senator on January
After 21 wears IN congress FeSS
was 50 sure he would 10 defeated on
November 4 last that he packed IN
all personal belongings In his Of
flee before returning 10 Ohio 10 en-
ter the campaign. His bunch was
okav but he comedies II was a bad
way TO 20 into a fight.
Rent-Denizens-the word Is used
advisedly-cf the District Of Column
bia have no vote. Their only partic-
ipation in politics per Sc Is to send
delegations Of six each to the dem
ocratic and republican national
conventions.
But this doesn't eliminate Wash