The Waterbury Democrat., 1937-10-29

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 Tn other words, prices had been hiked beyond the point of @ profitable return.
 Securiteis and Exchange Com sion experts, making 8 study of this situation, conclude that de- spite the existence of their corl- mission, speculation was the chief cause of this price-hike. Further more, using the 1929 figure of only 369,0OO margin accounts, as basis for comparison, this specu- lation was promoter by a relatively small group of people.
 IrOnpants Johnson
 Though one of the New Deals most vigorous and consistent cri- tics today is General Hugh (Iron- pants) Johnson, the books of the Democratic National Committee, just filed with the clerk of the House, show @ disbursement of $80.70 to the General "For travel ing expenses incurred on trip to Newark, N. J., March {, 19S7." Tugwell Ghost
 Although an tex" for many months, brain- -truster Rex Tug wells spectral presence still haunts the Capitol, sometimes soaring some New Dealers out of @ years growth.
 Latest to get the jitters is Secretary Henry Wallace. Cause of the farm chiefs agitation is Q Resettlement Administration |. movie that TugwelI started be- fore he left to become a molasses magnate. The picture, similar to the very successful "Pl0w that Broke the Plains" deals with floods and soil erosion and is taken on the Mississippi river. Its title Is "The River".
 The film was ready for public showing August 1, but when Wal lace saw 1t he went into Q cold sweat.
 Artistically the picture is even more successful than ''The PIow". Some of the shots of last springs floods are breath-taking. But, deeply afflicted with presidentitis, Wallace was afraid the movie would stir up rumpus that might hurt his chances.
 For one thing, 1t was made with relief funds, and Wallace feared the charge that the gov- ernment was encroaching on the moving picture industry. Also, the picture inferentially takes a slap at the South. So he re- fused to release 1t until the President had given his Okay.
 If there was going to be any rowling, Henry wanted to have an out.
 An enthusiastic movie fan, Roosevelt readily viewed the film, expressed warm approval, and suggested several changes, which were made by Pare Lorentz (the director who also produced "Thc Plow"C.
 Movie of the Week
 Bulwarked with the Presidents sanction, Wallace has passed the picture and its first public show ing is scheduled for New Or- leans. The original debut was planned in Chicago, but Wallace changed 1t to the Louisiana me- tropolis in order to ward off pos- sible southern antagonism.
 Total cost of the film, includ- ing distribution and extra prints, is $l00,0o0, as compared to $60,- 900 for "The Plow". Of this sum Lorentz, movie critic for Vanity Fair, received $11,000 at the rate of $50 a day-an extremely mod est salary for an ace movie di- rector.
 Like its predecessor, "The River'' will be shown in small independ- ent theaters, which obtain the picture free of charge from the government. "The Flow" was ex- hibited in 5000 theaters and was seen by 8,00O,000 people.
 Anti Union Pact
 Certain employer groups in vari- ous parts of the country are in for some embarrassing disclosures when the Senate Civil Liberties