, 1935-04-23
The W. r1d
AT a Glance
BIZ LESLIE c II
Central Press Staff WRITER

NEW YORK-Bernard M. Baruch
former Wall Street operator who Il
studying the wal profits question
for President Roosevelt. has a hare
time explaining TO Senator Gerald
p. Nye, OF the senate munitions
committee why he has "hedged" or
previous testimony before the COM
mittee.
Baruch seemed IN that testimony
70 assent 70 the ''pay-aS-you-go'
war plan drawn up by John T
Flynn, the economic writer. at the
committees request.
But the other day Baruch filed q
statement with the committee op-
posing the Flynn measure for tax
ing the profit out Of war"
Flynn'S measure would provide
virtual c~oniiScation OF all incomes
ever $4,000 In time OF war. Indus
trialists also would be drafted on a
military basis.
Baruch said his testimony had
been garbled.
Senator Nye has been critical Of
the naming Of Baruch by the presi-
dent on any committee TO sugxes.
curling war profits. He has lnTIm-
ated that Baruch and his aSso-
clates have been TOO closely con-
nected with Wal profits.
A Bucking Tsmmany
Tammany seems TO be stronger
than either Governor Herbert H.
Lehman Of New York or the ma
tional administration is willing To
admit.
The governor Is happy over the
passage by the late legislature Of
virtually all" the measures he had
recommended.
But Tammany. allied with Old
Guard Republican opposition. de-
feated the two most important mea-
SureS:
Redistricting. which would have
cut Tammany representation.
And ratification Of the child la
Dor amendment.
The national administration urR-
ed these two measures.
Letters
Form letters 70 this column we
pick these comments:
Il want you 70 know that II
pleased me greatly TO read your
Henry George columns in The Aber-
deem Evening News. II is praise
worthy to do that nov, when our
servants IN high places are cropping
for a way out Of the economic dol
drums Thank you Charles J,
Lavery. NJ. D., Aberdeen. S. d.
Living standards are not declin-
ing in Russia, as you should know,
Why not let the public know
through your unusually good col
umn that there is fJgress-tre-
mendouS progress Jeng made
where most OF the world hardly
suspects John w. Harvey. Jr-
Manistee, Mich.
You may DE interested 10 know
eo OF your column, which appears
In The Winona( Mimi Republican
Herald. and most OF the time on
matters OF which ! have information
and opinion We are in agreement.
This Is particularly true OF your
comments on the writings OF Henry
George. While / do not accept
everything advocated by him, l do
believe that he came nearer 70 UNI
covering the fundamental truths OF
economics than any other econo-
mist. Here's my hand 10 you for
what you have done TO bring 70 the
popular attention the name and
works of one of our truly great
Americans" - Theodore Buehler,
Jr., publisher OF The Buffalo Coun-
t. Journal, Alma, Wis.
Still bad
Scandals continue 70 occur on the
New York stock exchange. IN spite
Of control by the securities and ex-
change commission.
The exchange began questioning
operations in Hupp Motor company
stock. Instead Of Suspending the
stock from trading, the exchange
governors finally referred the matter
to SEC. In the mean time, old
stockholders unloaded their holdings