, 1935-03-14
WASHINGTON
BY George DurnO

Danger-A lot OF cOnnivlng Is 60
ing on IN the Senate BANKING and
Currency Committee over what Fed
eral Reserve Board Governor MARI
ner Eccles calls the Central Bank
bill. This is the New Deal measure
which would largely centralize bank
ing control In the Federal Reserve
Beard.
Senator Carter Glass Is hot agin'
II. The peppery virganian as father
o. the Federal Reserve Act and a
former secretary of the treasury, re-
CARDS the poposal a. . personal AZ
4ront.
Chairman OF the subcommittee
which will start hearings on the bill
shortly, Glass Is out TO show IL up as
4 dangerous idea. Others working
presumably on White House instruc-
items, are maneuvering 70 have II
passed.
Opponents-GlESs quietly has been
preparing a list OF witnesses 70 APP
pear before his subcommittee.
Among them will be no proponents
Senator Henry Fletcher OF Florida,
chairman OF the iull committee,
heard about this and began hunting
I'D some prospective testifiers who
might be more favorably inclined 70
he Eccles bill
As Committee Chairman Fletcher
can and will keep a close eye on
subcommittee proceedings.
Smash-AlthOugh Glass has cas-
tigated the administration thorouEh-
ly from time 10 time. no has voted
with the White House on the three
times II suffered major legislative
defeats-last years veto OF the eco
nomy bill, the World Court and the
McCarran prevailing wage amend
ment when II first was offered.
But friends point out that as usual
Glass merely was voting his flrm
convictions on these OCCASIONS. They
say he Is about 70 bust loose almost
any day now with one OF those clas'
sic speeches OF his. c~astiglting the
allacles OF numerous governmental
policies IN vogue.
For instance, the oldest and lar
gest flour mill IN Virginia has adj
yiked the senator II Is now impor-
ting wheat, corn and oats despite
the millions Of unplowed acres OF
domestic land.
AAA, MIRA, the monetary policy
and central banking are only a few
OF the things he has In his craW.
ChooSing-Several keen and ez-
perienced public me discussed Huey
Long. He can't 20 the pace" said
one He Is gcing too fast 10 make
he course. Before 1895 he will cease
70 be a novelty and the tickle pub
lic will turn to someone else Tor
hooks and thrills. Huey viii gain
a while longer, but he will blow up
TOO soon 10 accomplish What ne
after"
mo. I don't think So said n
other. 1T takes q long time 70 reach
down TO the casual man-in-the-
street and get the stampede under
way. Look at the greenback. popu-
list, silver. farmer-labor and ether
crazeS. "A demaEogue can 70 a long
time IN this country II he Is smart
and Huey is smart"
Take your choice
Inept-Superheated patriots have
sent suggestions 70 friends IN con-
gress urging them to apply the Lo-
IAN Act to DIT. Nicholas Murray
Butler. The Logan Act forbids q prt-
vate citizen TO 70 abroad and mon
KEY with a dispute between a foreign
government and hts own. Butler re-
Gently held an unofficial interna-
tionAl conference TN London, at
4enpting 70 settle the worlds trou-
bles. Ten other v~lunteer world saw
tours sat with him.
Don't forget that Nick Butler re-
ceived 8 votes for vice president
said one OF the recipients Of a mess
age. He ran with Taft In 1912. 9th
n people have forgotten u, but ne
hasn't. He has a right 10 worry over
he country's parlous condition. Let
him 20 ahead with his flivver world
conference. Perhaps he may develop
an idea. Anyway, the Logan ACT
doesn't apply"
Hunting-Just how the radicals In
the house will break out In uncer-
tain. but they are fermenting. The
Lundeen old age and unemployment
bill may be the keynote. IL gives $40
a month 70 heneficisries as a mini
mum, and leaves 1t to Henry Nor
genthsu 20 worry about raising the
"a 400. 900 900 necessary TO pay the
bill.
Or the EXPLOSION mav come on the
lurld end OF bonus lerislation. The
majority that was supposed 20 be
made I'D Of rubber stamp solons Is
determined 20 run amuck. Some OF
them exhibit letters and t~elegrar1s
resdlnq, Stand Up-dcnt he a rub
Der stsmp." and I'VE denend on
you--give US the bonus or else" En-
rouraQed by radicalism IN the him
terland. many mice in the house are