Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1938-02-17

have an agency to make loans to
small businesses. It was discussed
in these columns recently. Undoubt-
edly, it was just a coincidence that
this Recommendation" should
come from the small business men
while the advisers to the President
were considering it.
Included in the recommendations
however, were proposals for the ad-
ministration to do
Some Are several things that
Pleased thus far have not
had administra-
ton backing. One Of these was a
recommendation that wage and
hour regulatory legislation should
be abandoned. No one seems to
know from whence that item came;
and it was variously reported as
not having had the ''full support Of
the conference" N.may have been
that even the IL chairmen who car
ried the recommendations to the
White House meeting with the Pres
ident performed a miracle-but
there is no denying that the item
was included and quite few men,
bers Of the Democratic party in
congress were glad to see it.
So, the conference has been held
and its work and efforts to solve the
depression problems are spread on
the first pages Of newspapers. The
results in this direction would seem
to justify Mr.. Roosevelt's recent
limitations that the business men
do not know what they want. Such
a view would be correct if the con-
ference itself had been representa-
tive. True, the delegates came
from all sections of the country.
True. all excepting very few were
IT the type known as small business
men. But it must not be overlooked
that the conference was planned,
invitations extended and program
written from Washington. I think 1t
is quite unlikely that men would be
invited without somebody in the adj
ministration having knowledge Of
their general attitude toward the
New Deal. There actually may be
something to the charge that was
variously hurled in the sessions that
chairmen were hand picked and
that there was q bit Of log rolling
done, just q teeny, weeny bit Of 1t.
Concerning the after-effects, one
can hear many observations. Some
say that the bulk Of the small bust
ness men went away from Washing
ton nursing a grudge; others add
that many Of the delegates went
back home with q sour idea Of gov
eminent conferences and, therefore,
with q willingness to ridicule the
administration, and still others hold
the conviction that the very confu-
sion that came from the meeting
provided Mr.. Roosevelt with the
horrible example that he wants in
his criticism of business leadership.
1t seems to me there is ground for
each Of these three conclusions.
Time, alone, will disclose the ulti-
mate effects. Mr.. Roosevelt may
utilize the recommendations In q
Preside chat or a message to con-
gress. Some Of his advisers may
bear down on the lack of agreement
and understanding among business
men. Or, the whole thing may be
treated very seriously and an at
tempt made to convince the country
that the administration Is being
guided by what it believes the busi-
ness interests want-as shown in the
recommendations of the conference.
I
The Treasury laid some stress on
announcement the other day that it
will begin series
ATeosuTy Of borrowings late
to BOrroU this month that
likely will be the
last borrowings by the federal gov