Milford chronicle., 1940-12-06
Economic Highlights
Happenings That Affect the Dinner
Rails, Dividend Cheeks and Tax
Bills Of Every Individual; National
and international Problems Insep-
arabic from Local Welfare.

--AA-1 gA AAHNA AANANAAAaAA9 ANMaAOhe
and international Problems InseI
arabic from Local Welfare.
An analysis of the election stats
tics produces some highly interest
ing facts. Most obvious of thOs
facts is that Mr. RoOsevelt's tire
mendous Electoral College major
ity gives no indication whatsoeve
Of the closeness of the contest. Mea
sured in popular votes, this was tn
closest election since 1916, whel
Wilson and Hughes were the stand
ard bearers. With a total vote o
close to $4,000 900, the President
plurality was under 100000. Tn,
vote cast for Mr.. Willkie was thu
largest ever given a Republican can
didate. The Presidents percentage
of the total vote was about 54.5 pei
cent--which is a comparatively slim
margin, inasmuch as he needed
50 per cent TO win, because of the
E excessively heavy majorities the
Democratic ticket always rolls up
in the South.
What this means is that for the
first time the President has met real
opposition. AS Time put it, Beside
a great victory, Roosevelt also had
the greatest vote of confidence that
any President ever received" That
is not carping, spOil-sport Obser-
vatiOn-it is simply the fact. The
President won a clean-cut victory,
hut he didn't win in anything re-
sembling a landslide Indeed, if only
uhnnFf million hoH hnar
cast the other way in the big key
states il would have been possible
for Mr.. Willkie to have obtained a
two-vOte Electoral College major
ity, even though the President would
still have had a popular majority.
The big cities of the country did
much to give the President his win.
He carried New York State by less
than 250,000 vOtes-yet his plural
ity in New York City was 730 900. He
carried Illinois by margin of $4,000,
while Chicago gave him almost a
100000 lead. While he had an edge
of 10000 in Milwaukee, his net ma
jority in Wisconsin was but 10000.
Mr.. Willkie ran very well in the ru-
raj districts and the small towns all
over the country, except for the
South. On the other hand, Mr.. ROos-
evelt's strength in some New Eng
land areas which are die-hard Re-
publican by tradition, was greater
than before.
Mr.. Roosevelt's tremendous major
itieS in the big industrial towns in
dicates that labor was pretty close
to solid behind him, and that John
L. Lewis endorsement of Willkie
did little if any good for the Re-
publican candidate. The farm vote
went Republican by a considerable
majority, which indicates that Mr..
Wallace was le1s effective as a cam
paigner than Senator McNary. The
two vice presidential candidates did
most of the campaigning in the farm
belt.
What effect Mr.. WILKES total of
almost 22,000,000 votes will have on
Congress is now a subject of great
discussion. The Republicans lost
seats in the House, and made small
gains in the Senate, and the set-up
in both branches will. be little differ
ent next January than it is now.
However. it may be that some of the
Old line Democrats who have dis
approved of part of the New Deal |
progI am will become more agrees |
siVe And the Republicans have cer- !
tainly been cheered by the size of |
their vote and, despite the smallness
of their numbers in Congress, are in
the best position in eight years to
form an intelligent and effective
opposition.
II the meantime. few look for any
There will probably be
some cabinet changes before long
StimsOn and Perkins are supposed
to be on the way out. Foreign policy ;
lid to Britain. Next session there
may be a movement to repeal the
johnson Act, which forbids this {
giving credit to nations {
which are behind in war debt pay
nents to us. Ii England starts to
'un short of cash, and obviously is L
n need of credit. it is probable that d
! majority can be found in favor of +
citing the bars down. +
The arms program will be pushed il
lard. Reports have it that busi- C
less or labor groups which are slow Z
o cooperate will be given sharp n
Ordinary needs will be g
econdary to military needs, but b.
teps will be taken, most think, to T
make necessary readjustments as CT
asy to swallow as possible. c.
One of the worst problems Britain C.
aces is her mounting loss of mer- W
hant shipping. Axis surface raiders B
nd submarines are doing a tremen- G.
GUS amount of damage, as Churchill D
ecently admitted in Parliament, and H
ne convoy system is not working A
'eli Reason for that is lack of war e
hips to use as conveys, inasmuch NJ
s England must keep great forces Fl
/ the Mediterranean and in home &C
alers. Also. German destruction of XII
ritish destroyers has been exceed b
lgly great. B,
Some think that before long Brit Je
in may appeal to this country for d
ill more shops - principally de- b
rogers and small cruisers of mod m
n, high-speed types. Whether we'd q
gree is anybody's guess. Certainly Pi
lblic opinion developed with in HI
edible speed in favor of more and m
ore help to Britain during the last w
,ar. There is no apparent reason P;
ny it should not continue to do so, w
in the light of Mr.. Roo It
velt's extremely pro- British stand. Jo
Kt
WAY TO GET THE MONEY ia ia