The Waterbury Democrat., 1942-09-17

IFS; o. E. Hunt $235,0OO; and Albert Bradley $205,O00.
 International Business Machines pays its head, Thomas Watson 462,519; F. w. NichOI gets $1O4,- and J. G. Phillips gets $S5,OO0.
 Lockheed Aircraft pays R. E. Gross SIPS, 600; c. A. Barker, IT,, $90,OOO; Yellow Truck and Coach pays I. B. Babcock $127, 900; Stew art-WaE1ner pays J. s. KnowlsOn 91,OOO.
 The list could be extended al- most indefinitely.
 NOTE: Back in the Coolidge Hoover days one of the factors which upset prosperity was An- drew Melons thesis of not taxing big incomes much greater propor- tionately than little incomes. Mel- lon believed in the trickle down system, whereby spending in the bigger brackets trickled down be- low. However, economists gen. erally concurred that 1t was con- centration of wealth above and lack of purchasing power below which brought on the depression.
 Some observers believe the Sen- ate Finance Committee and Andy Mellon had the same general out lo-l. On the committee, at any rate, are Millionaire Apple Grow CT Harry Byrd of Virginia; Mill lionaire Peter Gerry of Rhode Island; Millionaire Robert Taft of Ohio; Joe Guffey, who worked hand in glove with the Melons in Pittsburgh; Millionaire Jim Davis of Pennsylvania; and Con- servatives Josiah Bailey of North Carolina, Walter George of Geor- gia, and Arthur Yandenberg of Michigan.
 UNFOUNDED RUMOR DEPT.
 Rumors fly thick and fast in wartime Washington, many with out the slightest basis of truth. Here is the latest.
 The RumOr: One of the Freu- half brothers in Detroit, who manufacture trailers, gave his yacht to the Navy, but before doing so said he wanted to take it on a farewell cruise. He no sooner got a few hours offshore, when he received a peremptory demand from the Navy to return, after which Harry Hopkins and his new bride took over the yacht and sailed away on their honey moon.
 The Truth: Harry Hopkins doesn't like yachting, gets seasick easily, spent his vacation in Con- necticut. Harry Frehauf, inter viewed by this columnist on the telephone, said: My brother did turn his yacht over to the Navy. but the arrangements were e1l- tireIy amicabIe, and Harry HOp- kins never was OH 1t at any time or place. We have heard all sorts of rumOrs about this, but there is absolutely nothing to them" LITTLE BUSINESS CRUSADER
 Donald Nelson's "get tough" gets increasingly unfortunate rev- erberations. Part of this is be- cause Donald, nice as he is, and well liked as he is, just doesn't seem to have a knack for feeling the public pulse.
 For instance, he should have
 known that the most popular
 man in Washington, as far as
 little business 10 concerned, 10
 Guy H0Icomb, mead of the Jus.
 tice Departments Small Busl.
 ness Bureau. Yet Nelson reached
 Into the Justice Department and
 demanded that the Attorney
 General fire Houeemb. The Fe.
 action against Nelson has been
 bad.
 Nelson had no jurisdiction over the Jnstiee Department, and it is unusual for one executive 70 reach into the affairs of al1 outs 6lda office, However, Holc0mb has been consistently critical Of WEBS failure % aWaFd war cons irneis Co little business, his cracks got on hela0n's nefYhh, and he demanded that the Attorney oens 0fal fire him. 70 70 keep pace in fha official family, M0ieomb wng permitted io EeAisn.s
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