Evening star., 1936-09-04


in the contest for United States Sena-
tor on the Democratic side as well as
for the governorship.
Gov. Ed johnson, Democrat, who
has by no means swallowed the New
Deal hook, line and sinker as so many
other Democrats have done, is being
opposed by a radical who claims New
Deal support, namely, former Gov.
Sweet.
If johnson is nominated he will be
assured of the election because he is
conceded to be stronger as a candi-
date than Ray Sauter, his Republican
opponent, and will win Republican
votes.
If Sweet is named much of the
johnson strength will go to Sauter
and Colorado will have Republican
Senator.
State Primarily Conservative.
This is the way some of the veter-
ans here size up the senatorial sltua-
ton, and they point out that much
of the same cleavage will overflow into
the presidential contest, with Landon
likely to carry this State because 1t
Is primarily conservative.
incidentally much attention has
been attracted by United States Sena-
tor Adams, who may be classified as
Carter Glass Democrat. Just the other
day the bank at Pueblo, of which Ad-
ans is vice president, announced
voluntary liquidation. 1t is no small
bank either, for it has S2,500,000 OF
deposits, 100000 of capital and $75,-
600 surplus. The bank is considered
Just about 100 per cent liquid, for it
has all its deposits in cash or Govern
ment securities, and only about $4,000
in loans and discounts outstanding.
Why has this bank, which is SIS
years old, decided to liquidate? Be-
cause it cannot make any money as a
financial institution.
There are some hereabouts who say
that the bank did not think condi-
tions in the future looked sound and
that the excessive borrowing by the
Federal Government and low interest
rates caused by the Federal policy had
something to do with it. But what
ever the reason, the fact remains that
Notwithstanding outward appearances
of prosperity and the heavy flow of
Federal money to this State, a con-
servative banking institution decides
to pay off and take no further risks,
and one of the officers of the instltu-
ton happens to be United States
Senator, of the Democratic party.
Farmers DispIeased.
Nor are the farmers pleased with
the economic theories of the New
Deal. The beet sugar producers do
not see any future for them in re-
stricted output. They are displeased
with the Cuban reciprocity treaty,
which enables Cuba to take large
part of their market. There are five
sugar factories in the Arkansas Valley
and three of them are idle now.
What the sugar farmers here want
Is an increase in production oppor-
tunity. The cattle farmers are like
wise on the warpath. They see the
Government building up competition
with them by subsidiZing farmers else
where to convert lands used hitherto
for wheat or cotton so that they may
become grazing or forage lands for
cattle raising.
Then, too, there's the Canadian rec
iprocity treaty which has enraged the
cattle raisers because of importations
of foreign cattle Likewise the pre-
vailing wage rule in the w. P. A. has
kept the farmers from getting the
farm labor they needed. Altogether
there is plenty of anti-New Deal sem
timent in the farm areas and plenty
of it in the cities among the business
and professional men who look on the
Roosevelt administration as financially
and economically unsound.
Landon, on the other hand, who has
spent his Summer vacation here, and
has been given an unusual amount
of attention in the press because of
his temporary residence here, is well
liked. II the election we're held to-
morrow Landon would surely carry
the State.
tCopyrisht, 193b.)