The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-11-04


Finding Commission wrote finis
to tl1At.
Under the Railway Labor Act
the findings Of the commission are
merely advisory and neither side
Is bound. But the President,
frankly opposed to the wage-cut
from the start, has, privately mo-
titled the carriers that he COM
siders the commissions report the
last word on the issue and they
will have to find some other way
to make ends meet.
He sent them this word through
John J. Pelley, able president Of
the Association Of American Rail-
roads who, with George Harrison,
chairman Of the Railway Labor
Executive Association, conferred
with Roosevelt recently.
Roosevelt wasn't tough and
he made no threats, but he
was very firm. He told PeIIey
that the pay-cut was out. Then
turning to Harrison, he said It
was up to the brotherhoOds 20
get together with the carriers
and formulate b sound and conn
pFehensfve program for the
solution Of their mutual prob
lens.
Harrison assured Roosevelt the
unions were eager to do 90, re-
called that they had proposed ex-
actly that course last spring, when
the railroads broke up such plans
by spriuging their wage-cut de-
mand.
Felley, who personally had tried
to stave off the pay.slash at that
time, promised also to commune
cate the Presidents message to
the rail bosses and urge them to
join hands with the brotherhoods
in preparing rescue program for
early submission to the White
House.
Religion and Politics
The chances Of Governor Leh-
mans victory over racket busting
Tom Dewey have picked up con-
siderably. But strange as it may
seem, real worry in Democratic
headquarters Is over that veteran
Senator, Bob Wagner, author Of
the Social Security Act, the Labor
Disputes Act and other pioneer
ing legislation.
Once regarded rs unbeatable.
Democratic scouts now detect .
gfOundswcll against him which
they attribute largely to The
Catholic vote for Wagmer's Re-
publican opponent John Lord
O'Brian.
Actually O'Brian is q staunch
Episcopaliar, Ia chancellor Of the
Episcopalian diocese Of Western
New York. But he also has O
good Irish name, and thousands
Of irish of Manhattan are going
to vote for him.
Democratic politicos are trying
to devise some way Of getting the
parish priests to straishten out
their payishioners.
man Bites Dog
The Securities q Exchange Com
mission ID giving itself q taste Of
its own medicine. Its investigating
itself.
There were reports in Wall
street that Q. Roy Smith, head
Of the SEC Utilities Division, had
q hand In elevating Victor Enan-
uel. New York banker, to the
craftsmanship Of the board of the
$1,000. 600 900 Standard Gas &
Electric Co., second largest hold,
ing company IN the United states.
A heavy stockhoIdler, Emanuel
supersedes In control Bernard
w. Lynch, who militantly op-
posed registration under the
Holding Company Act. Emanuel
favored submitting TO the law,
and the report was that Smith
used his influence to ease the
hostile Lynch out Of the pic
tnre and the friendly Emanuel
In.
SEC directors are eager for COM
piiance with the law, but they
yehemently object TO any meddling
in the internal affairs Of utili-
ties to obtain IL. Smith, called
on the carpet. hotly denied any
wire pulling. dissatisfied, the di-
rectors named . five-maa board Of
trusted SEC officials to make a
thorough but secret probe.
tcopyright, 1898, by United