The Waterbury Democrat., 1935-08-19

SA@1@N ~~@@@N'N@ will become law with its most important feature, tho open market committee, in form less drastic than desired by the House but more liberal than proposed by the Senate. Senator Glassc, bitter foe of the meas ure, while forcing concessions in administrative details, will come out second best in his session. long duel with Federal Reserve Board Governor Mariner S. Eccles, author of the bill.
 GUFFEY COAL BILL will squeak through, after some sharp trimming, in both houses in the final hours.
 SHIP SUBSIDY BILII-Sixty- forty chance that 1t will not get through, unless ship building interests behind the hill agree to considerable modification of 1t more brazen Treasury.raiding provisions.
 NEUTR LITY RESOLU. TIONS-Remote chance that a resolution with most of it's teeth pulled, as desired by the State Department -- may be damned through the Senate. No chance at all that 1t will get by the House.
 FRAZIER -LEMKE MOE IT. GAGE REFINING BILL Dead for the session, but watch its smoke next year.
 HOLDING COMPANY BILL Ninety-to-ten chance that 1t will get hung up in conference com- mittee. Because of the hair line margin in the Senate on the "death sentence" provision, the bill's packers will resist anoth- CT Senate test during the time two urgently needed votes. Sem ators Jim Couzens and Rush Holt, are in hospitals. Instead the administration will push the bill in the House and try to bluff the representatives into Q back down. But the chances of doing this are practically nil, and as the administration is not anx- ious for a Senate test, its later strategy will be to leave the bill in conference in the hope of do- ing buslnss when Congress re- convenes next January.
 IVA AMENDMENTS-Touch- and-go whether they will be log damned in conference com mittee. Democratic conferees of the House, while publicly making great show of support of the IVA project, secretly are sabotaging this legislation to ex- tend and strengthen its powers. Only chance for breaking up the undercover fight is presidential pressure. If Roosevelt can call off the House conferees a com promise will be reached on the bill bfore adjournment.
 Infantile Paralysis
 Surgeon General Hugh Cum ming walked into tho White House recently and advised the President that ebcause of infan- tile paralysis the Boy Scout Jamboree should be called off.
 He mentioned the distressing fact that already there were Ss cases in New York.
 "The latest figure" said the
 President, who once suffered
 from this disease, Sis &C.,"
 Returning to the Public Health office, Dr. Cumming found that the President was right.
 King Cotton
 Roosevelt is being squeezed into an increasingly tight place by that all-powerful monarch of the South, King Cotton.
 With this summers crop rap idly coming on the market, the South Is demanding a yes-or-no answer to the question of whether the Government will continue the 12 cents per pound loan on cotton. This, in effect, Is a guarantee that the rrice of cotton will not fall below 12 cents. .
 Southern Senators have
 beaten 6 path to Rooscvelt's
 door with this demand, and what they want is ives" an. swer.
 On the other hand. Agricul- tural Secretary Henry Wallace, plus Right Bower Chester Davis, plus all his other cohorts, with equal vehemence oppose a guar anteed price for cotton. They argue that if they set a prece- dnt on this they will have to do the same for wheat, for corn and for tobacco. They see no end of grief ahead, if they yield on cotton.
 To this southern Senators re- tort that the precedent already was set with last years 12-cent loan on cotton, that 1t Is too late to turn back.
 What Is more important, they have pointed out to
 Roosevelt that no matter how solid he may think the South is for Democracy, there Is one combination that can break it namely, Huey Long plus the price of cotton.
 The President has given indi- cations that he will yield.
 Mail Bag
 R. ID. O., Milwaukee, Wisc.-- The President is keeping silent on the subject, but he does not intend to address the Young Democrats in the Milwaukee convention. Pinch hitter will be Governor Earle of Pennsylvania. .. l.. s. D., New Haven, Conn. The chapalin of the Senate. Barney T. Phillips, receives the same salary as the chaplain of the House, James s. Mont- gomery-$1,6S0. Their duties are widely different, however, as Montgomery offers the prayer daily to conyoke the House,