The Waterbury Democrat., 1937-11-10
MORCENTHAU TO
 SPEAK TONIGHT
Harry F. Byrd Also Will Talk - Roosevelt Pro.
 gram Is Subject
BY LYLE 0. WILSON fVymltaA Presg Staff COrreSn0ndeMe

NUWlt00 kEwbB SV8kk OVEEVDRVAs~SesS' Washington, November 10. = tUP) -The first authoritative inti- nation of President Roosevelta spending plans to cope with the present business recession N ex' pected tonight in an address by Secretary of Treasury Henry Nor genthau, Jr. Morgenthau ant Senator Harry '. Byrd, democrat Virginia, speak in New York before the Academy of Political Science Their subject will be "0overnment Expenditure" Advance notice on Morgenthau's speech Is that 1t will deal with future as well as past spending and the problem of halanc. ing the budget.
 Represent Both Sides
 These two men are fairly repre- sentative of tho disputing clements, now striving for control of the New Deal-D Democratic party. Cleavage is most evident on questions os spefad- ing, taxation and federal incur. siosis into. fields of regulation and operation hitherto occupied py private industry.
 8. Parker Qiibert, c J. P. Morgan and Company partner, will preside: ct the Academy dinner. Byrd VIII speak at Q ?. Ei., to be followed m. laediately by Morgenthau ct e:S0 D. na., EST. Both addresses VII! DO broadcast. :.
 Morgenthau's discussion of federal spending policies was anticipated 70. day because 1t comes during Q sefies of White House conferences at which MT. Roosevelt ls attempting to coordinate his hopes for balancing the budget with conditions which apparently demand acceleEation or biz scale spending.
 Confronting President
 The 5 decision confronting MT. Roosevelt k whether to adopt aia- other biz pump primiig" program Of government expenditure or to at. tempt to- yiaaneuver business ana finance into private spending oper' ations which would quicken puSi- ness activity. J 'ne.
 Morgenthau b counted among the economy -minded" cabinet members, but his advice 90 far never has pre- vailed over the spending proposals advanced by Secretary Of Agricul. tury Henry A. Wallace, Secretary Of Interior Harold l.. Ickes and Works Progress Administrator Harry Aop' kiaS. Y f. ..r :.
 Hopkins defends against all com. ers, and apparently with the ull- auaiified support of MT. Roosevelt, the comparatively expensive new deal work relief program. Eunda. mental in the dispute now develop ing over budget balancing and fed. erai spending is the question of re-: lief methods. The dole Is advanced in some quarters as Q more desir. able relief policy because 1t would DO '''; These factors are inherent in the problems of government expeEldis tures which Morgenthau will discuss toniDht. Morgenthau never has di- Eectiy challenged his free.hafid job colleagues nor ever publicly ques- toned MT. Roosevelt'S policies. Anything he says tonight will Dc ac. ceptcd as representative of White House policy or, at least, as c trial balloon to determine public reaction to policies which might be adopted fl that reaction were favorable.
 Byrd is . conservative Democrat. . frequent boiter from new deal policies and one of the, men around whom . Jefseraonian Democratic party would Do created in le40 If there b . split over presidential nominations. Byrd is demanding re- peal or inodinGation of the admin. lstration tax on corporation reserve funds. He and others argue that business and finance, never VIII De persuaded to undertake spending programs on c scale calculated to pep up the pace Of business unless restrictive tax legislation and other regulaticng are eased.
 His meetings with Morgenthau aI- most will be . debate in that the secretary will Dc put in the position of ansWering any cyiticigm by Byyd Of new deal spending.