The Waterbury Democrat., 1937-11-12

OCTeGL.
 Basis of the forthcoming bar rage is a sensational report made by SEC investigators on short selling during the recent stock market crash. This survey is not the one made by the New York Stock Exchange OH transactions in five ''blue chip" stocks, but a secret probe made by the SECS own experts into all phases of the stock market before and dur ing the nose-dive.
 It shows "bear raiding" on large scale, with prominent busi- ness figures and brokerage firms taking leading role. The SEC salvo is expected to be a hot re- joinder to the recent outbursts of Charles Gay, head of the New York Stock Exchange, and Win throp Aldrich, president of the Chase National Bank, who att tackled the agency on the charge that it was stifling market opera tions.
 The Only Balancer
 Several weeks of conferences with department and bureau heads on their 1888 budget re- quirements proved very discour- aging to the President. Discuss ing 1t with Budget Director Dan Bell, he remarked:
 Dan, as far as I can see there is only one man in Wash ingtOn who is really balancing the budget"
 "Who is that, Mir. President?"
 "A rather obscure person by the name of Franklin DelanO Roosevelt" Publicity Hound
 REC Chairman Jesse Jones, quietly being shelved by the White House, is making desperate last ditch fight to keep himself in the public eye. Jesse has a burning ambition to be Democratic vice. presidential candidate in 1940.
 Twice in recent months he has jumped the gun on important government news releases in order to grab personal publicity for himself.
 FIRST was the announcement of the 9-cent cotton loan. This was scheduled to come from the AAA, but an hour before it was given out, Jesse issued his own news release, thereby getting his name prominently in the story.
 SECOND occurred the other day when the corn loan was authorized. Following an agree
 nent between the Commodity Credit Corporation, an RFC- controlled agency, and the AAA on the terms of the loan, it was decided that the formal an- nouncement would be made at 8 press conference by Secretary Henry Wallace.
 But an hour before he met re- porters, Jesse's press bureau called them up and gave out the story. Improper Burial
 Newsmen were questioning Sem ator Borah about his opposition to the plan of ex-President Hoover to convene a mid-term COP con- vention. :
 "Do you think the Republi- can party is dead?" one of them asked.
 "If it is," Borah shot back, "then a mid-term convention is not the proper way to bury it." Crop Control Threat
 The battle between the advo- cates of compulsory and volun- tary crop control, in the proposed new AAA legislation, is getting down to the -'em-up level.
 In speech in Memphis before the Tennessee Farm Bureau Fed eration. Oscar Johnson, close lieutenant of Secretary Wallace and an ardent supporter of compulsory regulation, hurled this grim warning at the heads of his opponents:
 "I believe that cotton grow CTS want acreage control of pro- duction. I don't care whether we have compulsory control or not, because if we can get 75 per cent of the cotton farmers to join the program will be- come compulsory.
 "The 75 per cent will not stand by and see the minority chisel. If they can't make them CO., operate by legislation, there might be a K. K. K. of night riders to make them do so by force '"
 Merry-GO-R
 The wife of Tom Dewey, racket busting prosecutor elected with Mayor LaGuardia, is an Okla homa girl who had a brief stage career in one of George Whites Scandals. The Kiwanis club o1 a.a~, Lox,1a Anxr,V, co y1,,1o Oly1o A..