Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1938-01-13

whose JoD 1t is TO watch Washing
ton, thought we foresaw the next
move by the administration. We
have it now in full fiower-a great
drive against all of those sinful
big business interests who simply
must be the folks responsible for the
depression. Of course, it should be
remembered at the same time that
there must be "goat" when poll
tics gets balled up, and big bust
ness again is the goat, of the ad-
miniStration.
In consequence of the crash in
business, the collapse of the theories
of the long-haired crew that seeks
to remould America under the guise
Of New Deal plans, and the general
running out of Democrats on the
New Deal leadership, the country is
now to be treated to another trust
busting drive comparable to that
conducted by, the late Theodore
Roosevelt when he was Present.
Yes, big business can always be at
tackled, cajoled, threatened. 1t is
a proper stunt, nearly always re-
sorted to by politicians and others
who find themselves locked within
the meshes of their own fishnets.
Big business is the red herring that
the administration is trying to drag
across the trail. It is because the
administration is attempting to con-
ceal its mistakes, and make people
forget them instead of doing a con-
structive job that I find myself de-
spondent in the early weeks of 1888.
The real tip-off to the drive on
big business was in the form of a
speech by Mr.. Jackson who said by
way of the radio that:
"The only way to insure a rea-
sonably steady well-being for the ma
ton as a whole is for the govern.
ment to act as an impartial over
seer of our industrial progress,
ready to call halt at all times on
monopolistic practices which threat
en- to throw our economy out Of or
der"
That theory is basic with most of
the New Dealers. America must be
made responsive to the Washington
government. 1t is that theory to
which more and more business men,
little as well as big, are objecting.
They are fearful Of it for the reason
that they can not see how this ad-
ministration>or any that may follow
will be impartial" in overseeing
industry. It is quite natural for
political group to be intent upon pre-
serving itself in power, and that end
never has been accomplished by i'm
Partially.
But the New Dealers wish to avoid
blame for the conditions now con-
fronting the ma
Would ton. Conveniently
Shift Blame enough, there is
no mention being
made now of the tremendous pres
sure that was exerted through four
OF the last five years to bring about
higher prices. Those prices now
are held to be the result Of mo-
nopoly, not the fault Of the profess
sors who were saying a few years
ago when prices were moving high
er that 1--WE planned it that way"
So political guns are turned on big
business-but my guess is that lit
tie business will be hurt more than
big business by the refusal of the
Wallaces, the Ickes, the ELEPHANTS,
the Jerome Franks, the Corcorans
and the Cohens to recognize that
Hitler's style of business manage
ment must fail here as in Germany.
The frankest statement about the
whole thing has come from 'Mr.
Roosevelt himself. He declared re-
Gently that "over-extension Of in
ventories" was responsible for the
current depression. That is to say,