The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-20
Washington
Merry-Go-
Round
BY DREW PEARSON and
ROBERT S. ALLEN.

hOoGhA - aLLIA's
NTASHINGTON. Dee. 2o.-Those
w close to the President say
that lot more than the crop con-
troll program is at stake when the
Supreme Court hands down its de-
cision on the Agricultural Adjust
ment Act.
The big issue. these advisers
say. is whether the Administration
goes further left before elections or
continues its present breathing
spell' for business. The Supreme
Court decision will swing the bal
ance.
This is how the New Dealers reach
this conclusion:
A court decision discarding the
AAA in toto would have tremendous
political and economic reverberat ions
throughout the farm belt. SO to
keep the farm belt in line, the Ad-
ministration would become militant
ly liberal.
But should the court not tamper
with the basic principle of the law
the power of the Federal govern
ment to regulate farm production
then the Administration would be
content to let things ride at least
until after elections.
That the New Dealers devoutlv
desire the latter, there can be no
doubt.
1t is clearly indicated by the fact
that no important new legislation is
on the Presidents program for the
coming session of Congress. Also
he is urging Capitol Hill leaders to
concentrate on making their lGgls-
lative plans short and snappy.
Only powerful provocation Will be-
stir the Administration to renewed
militancy.
IN desperation, Henry Alsberg
Il threatens to establish a bureau
of lost girls"
Alsberg is the man who is giving
WPA jobs to unemployed writers.
The other day his mail was topped
by a letter from woman in Mis-
souri,, who urged, among other
things, that WPA should telephone
NRA and tell her daughter, who
works there, to write home. She
hadn't had a word from her daugh-
ter in four weeks.
CECRETARY HENRY MORGEN-
~ THAT hoe o,,{otI1, I-,ooolyoJ tl,o
props from under one of the most
popular walls made by the bankers
their claim that the Treasury was
forcing too many government bonds
on them
He has issued a Treasury regula-
ton limiting the amount Of bonds
banks can subscribe for to one-half
their combined capital and surplus.
The purpose of the new rule-the
first of its kind in Treasury his
tory-was not to set up an alibi
against banker complaints. It's aim
actually was to keep banks from
gobbling up government issues.
For, despite public grumbling, the
banks have been avaricious in snap
ping up Ol1C1 liiSo VI IL CdSul lIObCC
and bonds So much so in fact that
the small private buyer has had
trouble in obtaining a share of the
issues.
1t was with the interest of the
private investor in mind, therefore,
that Morgenthau slapped down a
limit on the banks.
MFRS. ROOSEVELT'S party for
Iva Gridiron widows broke up at
100 a. M, later than the Gridiron
Club. Apparently it was more ANUS
ing. Among the last to leave was
Mrs. Cordell Hull. One shot
which never leaked to the press was
at the expense Of the much married
Senator McAdoo, whose second wife
was the daughter of Woodrow Will
son. A group of ''rubberneck" Cab
met ladies making a tour of the
White House, sang: Senator Nc
Ado was married over there, long,
long ago; long, long ago" =. Each
Cabinet wife apparently has iner
OWI1 lGuilI1lIle DIOOQ Vi dUUlItIS. %
also Miss Perkins, Senator Cara
way, Josephine Roche. AS each en-
tered the dining rooms, they went
to separate tables. and their spe-
cial admirers gathered round.
Mrs. Roosevelt wore plum colored
velvet evening gown with spray
of lily on her left shoulder. Mrs.
William Randolph Hearst Jr. won
admiration in white evening
gown with flowing white sleeves.
Il n
r IENDLY colleagues Of
~ House Rules Committee Chair
man John O'Connor are charging
him with secretly inspiring the
movement to replace ailing Rep.
William Bankhead as Democratic
floor leader.
Copyright. 1885 hv United Feature