The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1938-03-07
FRIENDS SAY
EMERGENCY IS
NOW ON WANE
But Congressional 0pposi-
ton Forces Attitude, Is
Substantial Report
CABINET DECLARED
UNEASY OVER POLICY
BY LYLE c. WILSON

WASHINGTON, Mar. 7. CUP
Close associates of President
Roosevelt said today that he had
adopted a hands.off policy toward
congress because of a conviction
that the pressure of emergency
had lessened sufficiently to make
such a policy possible.
That explanation came in the
midst of substantial reports that
congressional uneasiness over
business conditions and dispo-
sition to oppose new deal mea-
sures wuold compel Mr.. Roose-
Welt to withhold further reform"
proposals from this session.
There are indications also of
uneasiness within the cabinet.
That uneasuiess arises from doubt
of the wisdom of methods which
after years of application still
have not disposed of the unem-
ployment problem nor erected eff
fective barriers against violent
business recession. ,'
The president is receiving con-
flicting advice from within his
own circle of advisers. Secretary
of Treasury. Henry Morgenthau,
Jr., heads the group insisting up
on federal economy and opposing
pump printing expenditure or sub
sidy support of the housing, rail-
road and other industries. From
without the cabinet there il
strong pressure for shOt-ir.the-
arm high finance which would
start business on an upward cycle.
The trend Of business IN the next
two months may be the decisive
factor in ,persuading Mr.. Roose-
welt whether to economic with
Morgenthau or to spend.
Congressional sources and 9TH
ers closer to Mr.. Roosevelt and
more sympathetic with his aims
assert confidently now that the
Forthcoming message to congress
on monopoly and evil business
practices will be a pale compro-
mise of the vigorous demand for
immediate legislation which Mr..
Roosevelt contemplated when he
submitted his annual message to
his congress on January 3. His
suggestion to congress is expected
now to be limited to a request for
study of the conditions for which
it originally was planned to re-
quest remedial legislation.
In the January message, Mr..
Roosevelt cited a list Of business
abuses including high-pressure
selling, excessive capitalization,
investment write-ups and securi-
ties manipulations as requiring
legislative correction. But he
promised also to propose TO con-
gress anti-monopoly legislation to
deal with problems which "arise
out of the concentration Of eco.
nomic control to the detriment OF
the body politic-control of other
peoples money, other peoples Ia
Dor, other peoples lives"
And Mr.. Roosevelt insisted that
the people had shown in the cleo
tions of 1933-34-36 that they
were in favor of this congress"
enacting wage and hours legisia-
ton. His associates now are au-
thority for unqualified state
ments that the president does not
now intend to exert public pres
sure of any kind on congress in
behalf of wage-hours legislation
nor to seek anti-monopoly action
at this session.
The presidents associates who
have discussed these new White
House tactics explain that there
has been a change in the Roose-
Welt psychology on legislative
problems. He has told influential
members of congress that it is
CONTINUED on page four)