Evening star., 1938-01-21

as collector Of internal revenue for his
State. despite the objections Of sena-
tor Holt. pulled . brand-new one on the
Chamber He began thus: Mr.. Presi-
dent, by way Of prolegomena" The word
has nothing to do with the lower ex-
tremities. It means IAN Introductory
remark" The omniscient stan of ON
cial shorthand reporters was Jared a
bit by the West Virginian's unfamiliar
jawbreaker. But John D. Rhodes, vet
eran member of the Senate pot-and- hook
brigade. says its been prepared for any,
thing ever since the following eruption
from Senator Hiram johnson some 10
years ago. to wit: Mr.. President, dur
ing the last year, beloved from the
hustings, tintinnabulated over the radio
ululated from . servile press, enjoined
by presidential proclamation and re-
sounding from every quarter, has come
to US here the objurgation: Agriculture
must be placed on an equality With in
dustry. There u no dissonance in the
repetition Of the generality It Is only
IN concreteness that comes cacophony at
all"
Although economic royalists have
basked agreeably in the sunshine OF the
Roosevelt smile, few of them come away
from the White House 100 per cent free
Of anxiety that the New Deal worst Is
over. Fear persists particularly with re-
spect to =. D. RS unclarified plans for
capital punishment" in the form Of
death to holding companies. Business
leaders are convinced that II the adj
ministration wages war to the finish
against them, 1t will undermine the props
on which the Nations industrial struc-
ture rests. Virtually all class A cor
porations are holding companies. Among
them are: $l.S64, ,000, 900 United States
Steel: $l,s42, 600. 900 Standard Oil Of New
Jersey. with rs separate subsidiaries
throughout the world; 9e7e, ,O00, 600 Beth
lehem Steel: 9540, 1000 900 Texas Corp;
$400, 900 900 Allied Chemical and 1884,
100000 Union Carbide Z Carbon. Hold
Ing companies which are also operating
companies include 81 SIS, 900 900 General
Motors: $500, ,0O0, 900 Secony-Vacuum: the
$721 900 900 Du Points; the Silt OOO, 900
Fords: $4,000, 600 Standard Oil of In
diana; 1892 900 900 Anaconda Cooper
and $506 900, 900 Standard OIL Of Cali
fornia. Various big concerns In the oil,
harvester. steel, electric and packing
trades include holding companies with
assets In excess Of 5000, 900 900 each.
4 ~
Senator Capper, Republican, of Kan
Sas, now possesses the equivalent Of tho
Phi Beta Kapper key Of agriculture. It
consists Of Q recently bestowed engraved
testimonial from the National Grange,
attesting his Constructive service In
promoting oo-operative marketing and
developing sound business methods tor
farmers"
Dr.. r. D. w. Connors highly iniogma-
tive third annual report ~ archivist of
the United States disclosss the little
known fact that the movement which
eliminated In erection Of the magnifl-
cent National Archives Building On
Pennsylvania and Constitution avenues
originated With President Rutherford b.
Hayes. Fires on three successive occa-
dons-in 1900, 1901 and 1833-and at
other times had destroyed valuable rec
ords In Government buildings. Follow
ing devastating blaze in the Depart
ment Of the Interior Building in septem-
Der, 1877. Hayes addressed . special mes
sage to Congress, urging construction Of
. flreproof archives establishment. A half
century Of discussion ensued before Con-
gress In 1926 finally authorized expendi-
ture Of $500, 900, afterward increased to
$s,760, 900, for the imperishable pdls In
which Uncle Sans documentary treas
uros aro now housed.
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