The Waterbury Democrat., 1937-07-22
BY RODNEY BUTCHER Democrat Washington
 COrresuOndentl

Democrat Washington
 CorreSpondent)
 Washington, July 22--Many forms of power are yielded in any mod ern state. Chief among these are political and economic power.
 In past years, economic power in the United States has been largely yielded by boards of cor poration directors who handled billions of dollars-usually other peoples money-and partially con- trolled millions of other peoples lives. The same men also carried heavy influence in the political affairs of the country.
 To Popular Control
 President Roosevelt has sought to shift some of this economic power where 1t will be under the control of congress and the executive-on the theory that he and congress are directly responsible to the people, and that such shift of power from the privately-controlled economic field to the publicly-controlled poli- tical field is necessary If democracy Is to be preserved. At the same time he has definitely curtailed the power of the industrialists in the political field.
 This contest for power, involving radical changes in the rules of the game, is an essential phase of the feud between the president and those he calls economic royalists." But there is much more to 1t than that.
 The Tax Tool
 The New Deal has moved gradu- ally toward extended use of the tax ing power. First, to help pay costs of It's rehef-recovery-reform pro- gram. Secondhand this is partly an accomplished fact, partly a threat for the future-it gradually has be- come convinced that the taxing power is the one big, effective tool for reformation of the social-eco- homie system along the general theory of redistributing income and preventing dangerous concentrations of wealth.
 Few rich men enjoy this sort of thing. Many of them say and many unquestionably believe that 1t will send the country straight to ruin.
 The anti-Roosevelt feeling extends down through ranks of medium sized and smaller business men, to lawyers and other professional groups and probably do most we'll -to-do urban citizens and many among the conservative middle class. AS F. D. R. projects his social economic program further, and his political alliance with labor becomes more obvious, an increasing section of that m d dle class becomes alarmed and hostile.
 Some Say Enough"
 Many who thank Roosevelt for a job well done now want him to call 1t day. They fear his "glori- fication" of working people, with its triple aim of improving living standards, bolstering the economic structure and attracting political support. Millionaires, especially, ob- ject to paying large tax sums which they sec going into the pockets of the unemployed, farmers, federal office-holders and othe rbeneficiaries who unquestionably represent great political asset for the admin istration.
 The hire of expensive lawyers to help evade onerous taxes also is Q heavy drain. The economic roy alists" and thousands not so "royal' distinctly do not see these taxes as what Roosevelt calls "the price we pay for civilization"
 Many liberal business men are worried by constant doubt as to what will happen next in Washing ton, and as to how far Roosevelt ex- poets to go. The fear what might happen irl another economic crisis with a national debt of $36,000, ,000,- 900 and an unbalanced budget.
 On Highei Income
 It looks now as If the government were about to stop borrowing and raise money for its program through taxes-higher taxes If necessary, but preferably present taxes on @ higher national income.
 But Big Business thinks Roosevelt seeks to dose 1t with castor oil when It feels perfectly swell. It says 1t would expand plant and venture Into new enterprises If 1t could feel more secure.
 It says: increased costs, caused by higher wages and heavy taxes, will surely slow down business activity. Big profits and prosperity go hand in hand with an expansion of the capital goods market at rising prices Don't rock the boat. Cut federal expenses and let's have less federal regulation, not more. Natural forces" will accelerate recovery Strikes are bad and John Lewis, ally of Roosevelt, is Q menace.
 The gambling factor, the chance for big profits in new enterprises is what has kept the capitalistic sys- tenn working. Does Roosevelt seek to repair a system whose motive IS profit with remedy which is bound to kill that motive power?
 A Laissez Faire Country
 Roosevelt refers back to the pre- election Madison Square Garden speech which promised curb on monopoly, higher wages, shorter hours, consumer protection, aboli-