The Waterbury Democrat., 1938-04-05

now ASS1SCaI1C secretary or
 Adolf would like nothing better than to boss the stock exchange, and if he gets the job the sparks will certainly fly between New York and Washington.
 For there is a deep-rooted riv- airy between Berle and Bill Doug las, chairman of the Securities and Exchange Commission, and chief policeman of the stock mar ket for the Washington govern ment.
 Berle has been jealous of
 Douglas ever since the two were
 at Columbia university together.
 Berle was teaching corporate law
 when Douglas was appointed to
 teach the same subject. This
 enraged Berle, who felt that the
 gods of justice had ordained
 him, and him only to teach cor
 porate law.
 The rivalry has continued ever since, with the result that last fall when Douglas was trying to persuade the stock exchange to do some internal house-cleaning Berle, a member of the law com- mittee, opposed Douglas on every vote. Douglas was defeated by a majority of one, and the one who did it was one of the Brain Trusters who first sold Roosevelt on the idea of regulating the stock market.
 NOTE-Roosevelt could write his own ticket on reorganization of the stock market since the Whitney disaster. He could even name the new Czar. But if he did, the mistakes of the appoin- tee would be on Roosevelt's head. Flattered
 After testifying before the Sen- ate Banking Committee on the bill to enlarge R. F. c. powers in order to make business loans, Sec retary Ickes walked up to Senator Townsend, White-maned Delaware Republican, shook hands and re- marked:
 Hello. you old trouble maker. I haven't seen you in a long time."
 Beaming, Townsend retorted, Well. that is quite com pliment, coming from you."
 Bachelor Hoover
 After 43 years of bachelordom. Super-Sleuth J. Edgar Hoover has begun to take a fancy to the ladies. The No. Gilman always has preferred the company of men. and though seen almost daily in Washington restaurants, 1t has never been with women.
 Recently, however, Hoover has capitulated. He made an appear ance in the dining room of one of Washington's leading hotels in the company of another man-and two ladies. The party fingered for nearly two hours over their luncheon. Hoover seems to be enjoying himself immensely.
 As they passed through the lobby on the way out, HoOver's blonde partner dropped a bril- liant green handkerchief. HoOv- CT bent and picked it up. At the door, she dropped it again.
 NOTE-Until his mother died recently, Hoover always lived with her in very modest home in southeast Washington.
 Single-Handed
 The five Senate IVA investi- gators to be named this week will be a 100 per cent Banner slate.
 Unlike Speaker Bankhead, who with party chiefs in the House, is conferring on his selections with party chiefs in the House, Garner privately has notified the leaders of the Senate that he will do his own picking without benefit of counsel from anyone. Senators Barkley and McNary, Democratic and Republican com- manders, both informed Garner that this was O. K. with them.
 Whom he will select is secret known only to him, but there are two Senators who certainly will not be on the list-NeW Hamp- shire'S Republican H. Styles Bridges and Utah's veteran Dem- ocratic William King. Both made themselves ineligible, in Gamers opinion, by the extreme partisan ship of their attacks on IVA. 10000 Telegrams
 The lone surprise vote in the close Senate ballot on the Gov ernment Reorganization Bill was that of Senator Bob Wagner of New York.
 A devoted New Dealer, it was taken for granted that Wagner would back the President. But to everyone'S amazement, Wagner OFF THE RECORD