The Waterbury Democrat., 1939-03-06

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 Although Douglas was raised and educated in Washington State, friends of some other can didates charge that he is not a real Westerner, having lived his more mature life in the East.
 To disprove this Borah is ral- lying Western endorsements for Douglas and has piled up an im- pressive list, particularly from businessmen and lawyers.
 Borah is urging Douglas ap- pointment for two reasons: First, he says the brilliant young New Dealer is the ablest of those in the running; second, as corpora ton and financial expert he is par ticularly fitted to succeed Bran deis, who was the Courts author ity in these fields.
 NOTE-Some of the most prom iment West Coast newspapers are urging Douglas selection.
 INNER CIRCLE RIVALRY
 The inner circle, which was un- animous behind Justice Felix Frankfurter, is divided regarding the successor to Brandeis.
 Tommy Corcoran, Ben Cohen, and most of the other downtown" militants are beating the drum for Douglas. Secretary Henry Wal lace and Midwestern New Dealers are pulling wires for Wiley Blount Rutledge, outstanding dean of the Iowa University law school, while various Administrationites in the Senate are roofing for Senator Louis SchWellenbach.
 The rivalry is vigorous, but not acrimonious. The boys aren't call- ing each other names, but they are missing no bets to boost their candidates.
 GARNER'S ACES
 Star entertainer at the Vice Presidents dinner for the presi- dent and Mrs. Roosevelt was John Mulholland, noted magician. In one of his sleight-of-hand feats, he asked Garner to take five cards from the pack, look at them and lay them face down on a table. Mulholland then placed a water tumbler on the cards and after few moments told Garner to look at them again. The hand con- tained four aces.
 Some of Gamers Presidential promoters claimed the incident was symbolic, showed that the Vice President held all the trump cards for 1940. But Garner, him. self didn't take it that way. An inveterate poker player, he was more interested in the potential ities of combining poker and magic.
 Do you play poker much?"
 he asked Mulholland.
 "No," was the reply, "I can't afford to. If I won, would be accused of not being gentle man, and if I lost I would be branded lousy magician" SMALL BUSINESS
 The investment banking section of the Securities and Exchange Commission soon will launch re- gional hearings on the capital problems of small businessmen, which will be one of the most important business moves ever made by the Administration.
 Behind it is a plan to do for credit-starved small bus- inessmen what Federal Housing has done so successfully for peo- pie who want to build homes provide them with the necessary capital.
 To this end, little-noticed bill already has been introduced in Congress by Senator James Mead of New York and Representative Robert G. Allen of Pennsylvania. It has the warm support not only of Administration leaders, but al- so of such powerful businessmen as Arthur Whiteside, president of Dun & Bradstreet, and Prentiss L. Coonley, head of the Business Advisory Council and brother of of the president of the Manufac- turers Association.
 The bill is very simple. It
 would authorize the REC to in-
 sure 80 per cent of loans, up to
 100000, made by banks to
 small businessmen-just as the
 FILA insures 80 per cent of loans
 made by banks to home
 builders. These loans would be
 secured by first mortgages on
 real estate, personal property or
 by debenturcs, would bear inter-
 est not to exceed { per cent. and