The southern news., 1938-07-09
Business Upturn Expected
By Fall.

W <AoAIl-NN u 1OAN, u. - - LOOh-
ing out over the nation from
Washington, the Administration
finds much more to be cheerful
about than there was in sight
when Mr.. Roosevelt called Con-
gress to meet in special session
last Fail. The primary cause of
| this qualification is the marked re-
covery of friendly public senti-
ment toward the President him
self.
I Last Fall and until the Winter
was well advanced it. was the be-
| lief of all political observers here
borne out by a great amount of
evidence, that Mr.. Roosevelt was
experiencing the second term
slump" which has affected every
President who has been reelected.
Congress felt that Mr. Roose-
velts popularity was on the de-
cline, and evinced a strong de-
sire to assert it's independence of
the Executive by doing all it
could to put the skids" under
him.
The turn of Congressional SEN
timent began in May, when the
Florida primary results gave warn
| ing that perhaps the voters of the
nation, as a whole, did not share
the distrust and dislike of the
President which so many Congress
sional members of his own party
expressed in acts and words.
There was anxious feeling of
the public pulse in the back home
districts, with the result that in
its closing weeks Congress SEEM
! ed to decide that discretion was
the better part of valor, and gave
Mr.. Roosevelt practically every
free hand in the spending of bill
lions of dollars of new funds for
recovery and relief.
Presidents Popularity
Recent polls of public opinion
conducted on a national scale by
research organizations whose re-
ports have been surprisingly ac-
curate in the past, indicate that
/ Mr. RoosoVelts personal popular
ity is greatest in the Southwest,
Slightly lower in the Southeast,
less but still strong in the Noun
tain states, the Pacific Coast and
the Middle West, while it is at
its lowest in the Northeatern
states and the region of the North
west plains.
The average Of the whole ma
ton, as disclosed by these polls,
shows about 80 percent of the
whole people who like him per
sonally, in spite of the dislike of
many for some of his acts and
policies. The Administration re-
armament and international poll
cies appear to have the largest
measure of popular support; the
Presidents attitude toward Labor
and Business and his T. V. A.
policies are least favored.
The Government Reorganization
program is definitely unpopular,
and there is widespread dislike of
the advisers and associates gen
orally regarded as having great in
fluence at the White House.
Factory labor. farm workers and
other wage earners are strongly
for him. Farmers, housewives and
white cola workers in general
are reported to be strongly for
him, while executives, students
and professional people largely
lean the other way.
Business Upturn in Fall
Besides such evidences of the
4 Presidential hold upon the affec-
tions of the American citizenry
another and more substantial
ground for the Administration
qualification with the national out
look is the evidence of returning
business confidence. Part of this
evidence is the sharp upturn in
the stock markets, Immediately
after the adjournment of Con
gress, indicating that investors are
recovering from their jittery feal
Of an intention in Washington tO
ruin business.
The economists in Washington
are confident that the business de-
preston is 'scraping the bottom
and that the upturn will be ap-
parent to everybody by August oil
September. This view is confirme &c
by the opinions of non-politica
authorities on economies, including
Col. Leonard p. Ayers, of CleVe-
land, whose business forecast:
have been almost uncannily accu
l,,ot to