The Nespelem tribune. [volume] (Nespelem, Wash.) 1934-1936, 1935-01-09
Talk Center Shifts
At Nations Capitol
Most Of The Speeches Will Be
Made On Capitol Hill From
Now On

Made On Capitol Hill From
Now On
WASHINGTON, Jan. 3.-Most of
the talking done in Washington
from now on, for a while, will be on
Capitol Hill, rather than at the
other end of Pennsylvania avenue.
where the Executive departments
are punched. There are two rea-
sons for this. One Is that the mem
berS of the new congress have lot
they want to say, and the other Is
that since Louis Howe, the presi-
dents real right-hand man, has re-
covered his health sufficiently to
take an active hand in affairs, word
has gone out to administration Of
ficials not to talk so much, without
first finding out whether the White
House approves what they want to
say.
How far that goes for Donald
Richberg is another guess. Mr..
Richberg, who at the moment is at
least the Presidents left-hand man,
spoke out in meeting the other day,
warning General johnson not to say
nasty things about him and threat
ened to sue for libel the publishers
of the Generals new book and the
magazine which intends to publish
some chapters of it.; if they print
some of the aspersions upon Rich
! berg which are said to be contained
in the Generals manuscript. Folks
who have been saying that there
was really no ill-feeling between the
General and his successor at the
head of MIRA have discovered that
they were wrong. This is only the
first of the intra administration
personal hatreds and jealousies to
break out into the open. There are
plenty of Others, and some may be-
aired soon.
Carter Glass Speaks Up
Up on Capitol Hill some of the
most vigorous language is coming
from Senator Carter Glass of Vir-
ginia. The Senator is the foremost
banking authority in congress.
Away back in the Wilson admins
tration he framed the Federal Re-
serve act and pushed it through.
He is good scrapper and is always
on the watch for anything he dis
likes in the banking policy of the
administration.
Senator Glass is out with a de-
nunciation of the order of the Fed
eral Reserve and Federal DepoSi.
Insurance corporation limiting In
terest banks may pay to 2k per
cent. He asked administration Of
ficials where they found any law
for that, and they admitted there
wasn't any that would apply to state
banks not members of the Federal
reserve. The fiery little senator
from Virginia also took a crack at
the recommendation of the social
led Viner committees recommended
ton that the law authorizing the
federal reserve to make direct loans
to industry should be repealed.
"Give it chance" says Senator
Glass, in substance.
The Viner report, named for
Professor Jacob Viner of the Uni
versity of Chicago, covers lot more
territory than that, however, and is
regarded here as furnishing full
confirmation of the situation, first
pointed out in these dispatches,
whereby banks are hamstrung by
confusing orders from different au-
thorities and subjected to examina-
tons by several sets OF examiners,
each with a different point of view.
That situation has been to some ex-
tent corrected, but the Viner COM
mittee went out into the field, and
talked direct to business men, and
is convinced that an intermediate
credit system for industry is essen
tial, whether administered by the
FRO or the Federal reserve.
Davis Questions Laws
The statement by John w. Da-
Wis, who was once the Democratic
party's candidate for President, that
much of the New Deal legislation
is illegal and unconstitutional, is ex-
pected to put backbone into some of
the Conservative Democrats in
congress. Some 200 cases in which
the constitutionality of the New
Deal is at issue are now before the
courts.
The recent conference of business
leaders, in which the National As
ISOLATION of Manufacturers and the
Chamber of Commerce of the
United States agreed on what they
would like to SEQ done in the Way