The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-08-01

"S4'uAA CbV 4NCoV Y4OO,OOOs
It's the inside story of his re-
lationS with the President as a
member of the cabinet of their
rift over political policies. the
third term, Jim's own presidential
ambitions, and of the hectic be-
hind-the-scenes events at the re-
cent Chicago convention.
Jim has filing cases of carefully
preserved material for his
memoirs. Only intimates know it,
but he has also kept detailed
diary of every days events since
he tied up with Roosevelt nine
years ago. The first thing Jim
did after the Chicago convention
was to hide himself away for
three days to dictate his own &C
count of what happened behind
the scenes, including two brief
telephone conversations with
Roosevelt and an equally brief
personal meeting with White
House generalissimo Harry Hop
kinS.
But one important part of
Jim's new book is still missing
the last chapter.
He still has to secure the Presi-
dents explanation of two key
points: ONE, what caused him,
beginning early in 1888, gradually
to ease Jim out of the picture as
political helmsman; TWO
rryI, ofIoy thu Iax.t xao11,,
oppose Farley's presidential ambi-
tons because he is a CATHOLIC.
RELIGIOUS ISSUE
Farley's friends lay much of the
blame for his shelving upon Hop
kins. Hopkins always has pro-
fesSed to be a strong Farley boos-
ter, but Jim's heutenants claim
they have good grounds to be-
ieve that actually this was not
the case.
The President has publicly de-
MED syndicate article which said
he told a Southern congressman
that Farley could not be ON the
Democratic ticket because he is a
Catholic. But Jim is not satisfied
with this reputation.
So before he steps out of the
cabinet he intends to sit down
with Roosevelt and put this and
the other question up to him,
man to man. What transpires
will give Jim his missing last
chapter.
NOTE-In the last chapter of
Behind the Ballots, under the
sub-caption "A Little Advice" Far
ley made these interesting OBJ
Servations: "A good thing to re-
member Is that nothing is ever
gained by trying to seek revenge
in politics. The man who starts
out to destroy another man for
revenge usually winds up by de-
stroying himself. The yearning
for the White House has ruined
more than one distinguished ca
reer."
YANKEES BOSS
BoSsing the New York Yankees
baseball club will be only a side
line with Jim when he returns
to private life next month.
His big money job will be as
president Of WHY'S Overland at
100000 q year. Under his con-
tract, Farley will stand to make
q lot more than this If the COM
pany does well under his man
agement. If WHY'S Overland
sells 100000 cars next year, for
q net profit of $10.OO0,OOO, Jim
would get slice Of this melon
I'm addition to his handsome
salary.
Farley secretly completed the
auto deal during the Chicago con-
vention. The contracts were
flown there from New York.
Jim win get $4,000 a year as
Yankee president plus half the
common stock Of the syndicate
that is taking over the club.
Contrary 10 . widespread report.
the actual price being paid for
the outfit d s2,B00 900 and not
$4,000. 900. That h what was
asked. but s2,so0. 900 was finally
agreed upon.
Principal participants In the
syndicate are James Cox. genial
newspaper publisher and 1920
Democratic candidate for presi-
dent. and Jock whitney, famous
sportsman and ex.husband Of the