The Waterbury Democrat., 1935-11-16

lOuIA0 klOtIl11lk Okk klCk etAAA Rome claimed the Strait of Mes- sina to to be Italian territorial water, and neither the British nor the Italians wanted to arouse pub- lie opinion by letting the inci- dent leak out. The United States government, however, received an official report Emil Hurja, pudgy Man-Friday to Jim Farley on the Democratic National Corl- mittee, had his expenses for the trip to Manila paid by the Philip pine government. The National Committee continued his salary during the journey, though what patronage he handled in the Philippines remains Q mystery.
 Balanced Budget
 White House circles whisper significantly of @ smash surprise the President has up his sleeve for political foes who have been hammering him for falling to balance the budget. Inside word is that the budget, now being prepared, will not only be bal- anced but will show @ perk sur- plus. The spectacular feat is being accomplished by slashing appropriation requests to the bone and making use of huge ur1ex- pended balances of emergency ape propriations. An instance of this is the little known cache of approximately $850,000,000 held out from the $4,800, ,000, 900 Work Relief grant A busy win- ter season in the capital is in prospect for J. P. Morgan & Go. It is slated for appearances before both the senate munitions and railroad finance Investigating committees February lst will see a reshuffling of Federal Revenue system titles. Heads of the 12 Reserve Bands will be known as MT. President" instead of Governor. The title Gov ernor" will be used by members of the new Reserve Board, whose official designation is "The Board of Governors of the Federal Re- serve Banks"
 Commodity Control
 A bill providing for regulation of commodity exchanges is on the Administrations must" calendar for the coming session of Con- gross. The proposal has been pending for several years, but this time, with presidential elections in the offing, the White House plans to get actively behind 1t. The measure would place control of commodity markets under the Agriculture Department, not the Securities and Exchange Commis- sion The daily mall bag for the President and Mrs. Roosevelt is now averaging around 2,O00 letters. One letter recently received from man fin West Virginia asked the President for Q loan of $160, with the assurance that If the request were granted the borrower would say nothing hpVut ~ " ahJO1S VASS Chairman John Hamilton of the Republican National Committee Is complaining to friends that most of his working day is con- sumed opening and answering letters containing recovery pro- grams. Hamilton says programs come in not only from all parts of the U. S., but from many foreign countries.
 Big Dough
 Recently compiled official sta- tistics show that there were i32 more EXTRA dividends declared in the first ten months of this year than last. The 1884 figure for the period was 402, this year 634. October's dividend declara- tions topped those for any previ- oug october in four years . Harry Hopkins assistant relief administrator are coming into their own. Each has been sup- piled with an official automobile and chauffeur The latest issue of Consumers Guide, official publication of the Consumers Di- vision of the AAA, takes Q sharp rap at Secretary Henry Wallace for inadequate representation oi the buying public at the recent potato and corn-hog hearings
 Even U. s. currency has been affected by the New Deals pen chant for large figures. Hereto fore the largest note printed wat $10,000. Recently Q Sl00,000 bill was issued. The new giant beari c picture of Woodrow Wilson, and so far only 104 have been dis. tributed by the Treasury. Al are in the possession of Fedora Reserve Banks.
 SEC Looks Them Over
 The Atlas Corporation, $100,' 000,O0 leader in the investmen trust field, is slated for Q quie scrutiny by the SEC. The pur' pose of the inquiry Is to ascer
 tain what, if any, influence thu giant corporation exercises ove
 utility and other interests
 If you get Q notice from the In ternal Revenue Bureau abou your last years income tax re-
 turn, don't let 1t worry you. II the latest issue of the Democra l fir ni0eRt MrR Marion Glage Ran