The Waterbury Democrat., 1935-04-22

Washington, April 22.-Pro- lessor Raymond Moley, one time right bower of the Brain Trust, has just published what he calls an extraordinary" book. It is published privately and circular ized only among very limited number of people, chiefly mem bers of the Moley Dinner Club and or of the Cabinet.
 Cabinet members have their names stamped in gold on the green leather cover. Lesser lights have their names stamped only in silver.
 The volume is interpreted by Moley's friends as subtle propa- ganda by big business for fas- cist government with the profess sor at the helm.
 To appreciate properly. this "extraordinary" document it Is necessary to know it's back ground.
 BUSINESS DINNERS
 Not long after Moley became a victim of Cordell Hulls feudist instincts and resigned from the State Department, he inaugu- rated the now famous Moley Dinners in New York.
 Reason for them was most mysterious. Some said they were to win subscribers and advertise ing for Molcy's Magazine "To. day" Others said they were to win business converts to the New Deal. Whatever may have been the original purpose, the dinners developed two definite goals.
 First, they became glorihca- ton parties for Raymond Moley. Second, they were occasions at which the guests would expound their own pet theories in front or Moley and kid themselves with the idea that these were imme- diately relayed to the White House.
 Presiding at the dinners IS always Allie s. Freed, head Of the Paramount Taxicab Com pany. Other executives are An drew J. Maloney, head of the Philadelphia & Reading Coal Company, and George M. Verify head of the American Rolling Mills Company, director or West inghouse Electric and various banking institutions.
 
 At these dinners Professor Moley usually arrives late.
 Chairman Freed arises to an- nounce in solemn tone that the Professor is en route from Wash ington but will arrive shortly. Guests exchange awed whispers: "Conferring with the President
 The Professor finally makes his appearance. It is the cue TOT all guests to arise and applaud.
 After dinner the Professor al- ways makes a speech. After he has finished others speak. Many guests tell the success story 0! their struggle up the ladder or business life. Sometimes Moley will interrupt, shake his fnger, take violent exception to q speakers economic thesis.
 Thus functions the "Commit- tee for Economic Recovery" CONVERTED BRAIN TRUSTED
 It has been much debated question in Washington whether the. old head of the Brain Trust was disseminating more New Deal ideas to Big Business, or Big Business disseminating more ideas to Moley.
 The elegant new green book answers this question.
 Professor Moley has gone over to Big Business-and in a DIE way. The book is an exposition of the creed that the government should meddle with no phase or private industry unless that phase of industry is unable 10 make a profit. Then the govern ment is permitted to hold the bag.
 roosevelt is champiOned, per sonaIly. But everything ne stands for Is condemned.
 To get the full perspective oi MoIey's right-about-face. Il must be remembered that he was once hailed as the dangerous nD- cral of the Administration. lie was the man to whom FeiiS Frankfurter turned when ne wanted to plant ideas with the