The Chronicle-star combined with the Moss Point advertiser., 1949-02-04
Inside
Washington
Liberal COP Chieftains
Grooming Senator Lodge
Believe Yankee Senator
Can Capture Presidency
Special TO Central Press

- 1HS oO-
called liberal" Republican
leaders already are grooming
Senator Henry Cabot Lodge of
Massachusetts as their presi-
Dental candidate for 1852.
First step was the recently
defeated move of the Young
Turks" to GUST Senator Robert
A. Taft, Ohio, as COP Senate
policy maker, and replace him
with Lodge.
BY 1852 COP "progressives'
feel that the Republicans will
be ready to nominate one of
the liberals" for the presi-
dency. They say that if this is
done, the Republicans can win
the White House victory they
expected last November.
Lodge will be so years old in
1852 - four years older than
Thomas E. Dewey when the
New Yorker made the race last
year.
The Massachusetts, "blue
blood" broke his Senate career
to become a combat officer in
World War II. At the Republi-
can national convention last
June, he was chairman of the
platform committee.
One of Lodges staunchest
supporters is reported to be
Senator Arthur H. Vandenburg
of Michigan, chairman of the
Senate foreign relations COM
mittee in the Both Congress.
Look for a new administra-
ton attempt to stem the growth
of big business during the COM
ing session of Congress.
Tip-off to White House con-
Germ over the growth of cor
porations and the swallowing
up of their small competitors
was the third annual report of
the important Presidential
Council of Economic Advisers.
In language which stood out
strongly in the midst of the re-
served statements in the rest
of the report, the council, head
ed by DR.. Edwin G. Nourse, de-
clared:
year by year, the control
of the market is passing more
largely into the hands of the
large corporations, not only by
internal growth but by the abb
sorption of smaller firms. The
process of expansion of large
corporations by swallowing the
smaller continues and the con-
eentration of economic power
becomes more intense"
The advisers gave strong sup
port to suspicious that legisla-
ton would be sought in saying:
Competition offered by the
myriad of small business units
must not be lost, but instead
must be strengthened and ex-
banded"
They expressed roncern over
what they called the admin
istered price policy" by which
monopolies or near monopolies
can maintain high prices by
controlling the amount of pro-
duction.
In a recession or depression,
they said, such a policy may
endanger the public welfare"
Informed opinion in Wash
ington is that President Tru-
man had no definite overtures
from any Russian leaders to
support his recent statement
that some Soviet leaders are
exceedingly anxious" to come
to an agreement with the Unit
ed States.
There is also little evidence
that the president was trying
to needle" the Politburo, as
some administration sources
have suggested. The probable
ity is that Mr.. Truman was
stating a personal impression
based on observation of certain
Russian actions.
If the chief executive had re-
ceived any concrete proposals
from Kremlin leaders, it is I'M
likely that Gen. Walter Bedell
Smith, United States ambassa-
dor to. Russia, would have
scoffed at the idea of a " cleav-
age" in the Politburo.
Smith, after a recent confer
ence with the president, told
White House newsmen that any