Evening star., 1936-04-24

According to Chairman Jones Of the
Reconstruction Finance Corp, presiden-
tial campaign history will fail to repeat
itself this year in one important respect.
The contest is not going to hurt trade.
Such a forecast was made this week by
the r. F. c. boss before the New York
Advertising Club in the course of an ad-
dress boosting the Texas Centennial cele-
bration. Peering generally into the fu-
ture through rose-tinted spectacles,
Chairman Jones is quoted as having held
that the depression is over, even though
the problem of caring for the unem-
ployed remains. The Texan was not
delivering a political speech, but he
struck the keynote of the New Deal cam
paign to re-elect President Roosevelt,
namely, recovery and prosperity. Demo-
Gratis are preparing to capitalize to the
utmost the fact that industrial activity,
as measured by such key barometers as
carloadings and the production OF steel,
electric power, automobiles and lumber,
has now entered peak levels. Accord
ing to one authoritative index, business
is not only now within l.3 per cent OF an
estimated normal. but is at the highest
point for the past five years except for
the sporadic squirt recorded in Midsum-
mer, 1888. Chairman Jones apparently
is convinced that the impending quad
rennial political upheaval will be the
exception to the rule and in no way
impede business.
M. Andre de Laboulaye, French AM
baSsador to the United States, is sailing
next month for visit to his homeland.
He will return to Washington during the
Summer, in ample time to attend the
tercentenary of Harvard University In
September. AS the holder of an honor
ary degree from President RooseVelts
alma mater, M. de Laboulaye Is one OF its
alumni and looks forward keenly to par
ticipating in its 300th anniversary. He
also anticipates with Zest his maiden
experience in observing an American
presidential campaign and election, but
regrets that his travelling plans Will not
permit him to accept invitations to the
opening fireworks at Cleveland and
Philadelphia. Ambassador de Laboulaye
has just completed his third year IN
washington, ildtlllS DCCAA oSSA>AAoN ~
the United States early in the New Deal.
~
A. c. p is the latest addition to the
New Deal alphabet and one OF which
more and more will be heard from now
on. It stands for American Conserva-
ton Program. under which title the Old
A. A. A. organization will administer
the recently enacted soil conservation
and domestic allotment act. At one time
the alphabet soup seemed to be threat
ened with 8. c. A. D. A., q combination
of the first letters of the title words OF
the new agricultural set-up.
Uncle Sans children are careless lot
in the matter Of using the postal service.
Postmaster General Farley revealed be-
fore convention of West Virginia post
masters this week that because OF i'm
proper addresses and other mistakes on
the part Of the public more than 400
pieces Of mail 60 to the dead letter once
every five minutes Of each business day.
Among the statistics reeled of by the
p. M. G. was that approximately $4,000
Is paid into the Nations post oflces
each minute of every week day. In 1885,
more than $4,000 ,000, 900 pieces Of mail
matter were cared for. The department
handles approximately 2l4,000,000 money
orders and 5S.00o,o0 registered articles
. year. Just now sale Of baby bonds"