Evening star., 1935-07-03

Ill UlIltI NOIQ tLC SllChL SVOP
Roosevelt" movement among members
of his own party has gained unex-
pected heaGway.
Bait Runs Low.
The President has always put down
such backstage surges before. al
though he has not been up against
anything quite like this. For one
thing. his patronage and relief bait
is now running low. Most of the
patronage already has been distrib-
uted. The relief set-up is being con-
Quoted in such way that it does not
provide many fish for the seals. Also,
the full force OF the White House
legislative lobby (Messrs. West Hurja
and Corcoran was thrown into the
House utility contest, but could not
even make the issue close.
HoWeuer. the prestige OF the
White House is great. II skilltuHy
used. it should Sdue the remainder
OF the program.
Certain well-advised financial in
terests do not think so. That is why
the stock market has been holding up
so we'll in the face of adverse New
Deal moves
To show you how Democratic men,
bers of Congress now are talking in
the cloak rooms:
A conservative Democratic Senator
makes no secret of his off-the record
belief that Mr.. Roosevelt's taxation
program will defeat him for reelection
next year. He says so at every op-
portunity. Several Southern Demo-
cratic House members have talked over
the advisability Of party realignments,
the abolition of the Democratic and
Republican parties. and the institu-
ton of conservative and liberal
party. They think it is coming soon.
This. Of course. is just talk, but ii
discloses the underlying excitement in
Congress.
Gold Cache Policy.
Fanciful rumors have been gener-
ated by the Treasury move to cache
its gold in the interior. These center
around suggestions that the Govern
ment fears an invasion. or has some
inside reason to expect one.
What encourages the fantasies is the
Treasury effort to keep such moves a
secret. A hawk-eyed newsman dis
covered the recent plans to build a
cache near Louisville. Treasury Of
ficials. when asked, confirmed the fact
somewhat reluctantly.
The real inspiration behind the
program seems to be prudence
Coutious Mr. Morgenthau decided
it tDds a bad idea to keep most of
the gold of the country in NeD
York and San Francisco in these
modern days of dirpldne bombers.
when nations occasionally start
pars Without declaring themselves.
He had no information, just an
idea
Most Of the big Treasury gold stocks
now will be in Denver and Fort Knox,
near Louisville. They will not be out
of reach of invaders, but will be harder
to get at. Military men seem to be-
lieve the move is wise, but not as i'm
portant as it seems.
Textiles VS.. Hull.
There has been an inner stir over
State Secretary Hulls memo opposing
the export-bounty plan for cotton.
Textile men have descended on the
cabinet textile committee, demanding
an explanation. All they can find out
is that the committee asked different
departments to submit views; that the
State Department was the only one
to oppose it fatty, others being less
positive
The fertile people hare started
counter action. At the annual
convention OF the American cotton
garment industry, S. C. Lamport
criticized the State Department
for mot realizing that pther
nations already haze done their
tariff retaliating"
Apparently this Is to be a good
fight.
One thing which the Navy dis
covered in its recent Pacific maneuvers
was that it wants more naval bases in
the Pacific. This will not be admitted
publicly now, but. just as soon as the