The Key West Citizen Newspaper, May 19, 1938, Page 3

THURSDAY, MAY 19, 1938. io Leonmmine ney _ - WWA SHIRIGTON OD pita IMS, Special Washington Correspondent of The Citizen Business Statistics Many Politicians Would Like To Know Whether Florida Election Signifies Trend a. President Roosevelt ; and, his New. Deal. havespmerged;trium- phant from the fixst primary, Adst in the 1938 political, campaign. | + The overwhelming>wi¢tory:: of Senator Claude Pepper,’ in «the Democratic Primary in - Florida, gives no comfort whatever to the opposition. The Administration favorite polled nearly sixty per- cent of the votes cast. His chief opponent, Congressman Mark Wilcox, a frequent New Deal crit- ic, was backed by about twenty- eight percent of the voters and most of the other votes went to former Governor Sholtz, general- ly regarded as a supporter of the Administration. What Significance? Mr. Pepper considered his vic- tory over four opponents as a vote of “confidence and approv- al” of the Administration. His view was accepted by Chairman Farley, James Roosevelt and such New. De: ris “as Leader pe me Sk nd andy mK : opposition, in- } cudive ee po Democrats | and ‘Republicans, saw ‘no nation- ali significanee in the Florida re- sults, 9), Conservative Democrats, who} are opposing the President's poli- cies, specially those of the South, however, will get a ‘significant lesson from the result in Florida. ; Considered together with the vic- tory of Representative Lister Hill. a strong Administration man, in the Alabama senatorial elec- tion a few months avo, the im- plication is that the President is in continued favor with Southern Democrats. Other Primaries The primary election in North Carolina, June 4, will give addi- tional information on this point. oer Deelating that “concentrated | private economic power” is strug-' gling to “master our Democratic, government,” President Roose- velt, in his message to Congress on monopoly, made it plain that he is not beginning “any ill-con- sidered’ “trust-busting’ activity which lack proper consideration 5 economic results.” ‘ “The President called for “a thorough study of the concentra-, tion of economic power in Ameri- can industry and the effect of that concentration upon the de-! cline of competition” and asked) for $500,000 to finance a study of the problem. He also requested $200,000 for the Department of Justice “to provide for the proper ; and fair enforcement of the ex- isting anti-trust laws.” Borah Approves Senator Borah, who recently , conferred with the President on this subject, approved the inves- tigation, but feared that it might “string along and finally reach the desk of the upper shelf in the form of ten or twenty volumes which few will ever consult.” The Idaho Senator asserted that “we know that monopoly exists in this county” that its un- dermining ae id and social structure. “The Pres’ dent's statement of facts,” says Mr. Borah, “leaves only one ques- tion for study—that is how to deal with the subject.” The President's message point- ed out that the liberty of a De- mocracy is not safe if vrivate power grows to a point where it becomes stronger than the state itself. Moreover, this liberty is not safe if the business system does not produce employment and produce and distribute goods in such a way as to obtain an ac- ceptable standard of living. Concentrated, Power Asserting that a concentration of private power “without equal in history” is growing’ An @this country, the President cited statis- ties. Tn the year 1935, he said. one- tenth of one per cent of all cor-* porations owned fifty-two per cent of the assets of all corpora- tions, Less than five per cent of the corporations owned eighty-seven per cent of all assets. rat Monopoly and Its Practices Endanger ‘ : Democratic Government, oy ‘Seda Hasrcie T ; upon employment, upon long-| term investments and upon con- sumption. The study should not ibe confined to traditional anti-, trust fields, but should include the effect of tax, patents and other government policies. at Particularly interesting, we \think, is the President’s _ recom- mendation for the creation of a vend Bureau of Industrial Economics, Senator Bob Reynolds 4s, cam-| which would superyise and, sup- paigning) for reelection.as:a,‘red-| plement the collection of indus- hot Rooseyeltian” and is;generally | trial’ statistics by trade associa- expected, torwin, is,epponent in the primary; is Congressman Franklin Hanrock, After that,.we will have:ta) wait until August 6 whens the, yoteEs, ofiKentacky choose between Senator Alben : ‘ Barkley, open White House favor- _ Every once in a while the au- ite, and Governor “Happy” Chan- thor of this column feels like say- dler, New Deal critic. Three days ing a few words directly to the later, in Arkansas, the voters will thousands of readers who see it pass judgment on, Senator Hattic | each week. The writer recognizes Caraway, a “100 percent” Rdose- and accepts a responsibility not velt supporter, who is being op-|0Mly to the newspapers which posed by two members of the publish this column, but also to House of Representatives. the people who read it. Conse- Sade quently, it might be a good idea President Still Powerful for a chance to outline some .of The significance of the Florida the ideas behind “Looking at primary is not to be found in the Washington”. fact that Senator Pepper won, nor is AB GED even in the overwhelming nature, This column undertakes, during of his renomination. The more im- the course of a year, to keep its portant revelation is that, at-the Teaders informed as ‘to. what is Florida polls, there was very-tit- taking place in Washington. It lence that President Repst- does not attempt to handle “spot” Jost much. if anv. 6f his news. It discusses the trends in populak-support. If this inferenee the broad political field. It also js--borne out by subsequent pri- undertakes, at times,’ to. explain in the Southern Stategithe Bending legislation and’ political conclusion will be obvious. ‘ ri | situations. It tries ‘to inform and Pia } explain so that the reader may ‘The Florida result is welcomed understand all issues. Further- by supporters of the Administra- more, it would reflect an accurate tion as an antidote for many| picture of political conditions in “opinions” that are being widely | the country from time to time. circulated. It, in their opinion, a will offset the view that the Election Forecasts President is much weaker with Inasmuch as 1938 is an election the people than he was, that the | vear, this column will, before the Conservatives of the South are November election, attempt to ready to cut his political throat, advise the reader as to the prob- that elections held today would! able outcome. In 1934 and 1936, reveal widespread dissatisfaction our efforts were particularly suc- with the Administration, that the Piece nae fern es said ieee deprramen Has alerted Mate ane wie an ie al the faith of his admirers and that readers, regardless of party, that they are now ready to abandon the forecast in this column will the New Deal as a sinking ship. he based’ upon impartial study of %2 all available facts and’ répresent an effort to reach ‘a correct’ con- clusion. Says Roosevelt Roosevelt Dominant : Readers might as’ Well recog- The Author of This Colum In 1929, three-tenths of one per cent of our population received seventy-eight per ceff of the divi- a0 4 dends distributed. | Political Future Promises In regards to the distribution of the national income, in 1935-36, Very often it happens that the forty-seven per cent of American reader keeps up so closely with families had incomes less than current affairs that he loses sight $1,000 for the year and “at the of longer and more sweeping other end of the ladder,” less than trends. In. affairg “political, this one and one-half per cent of the is easy. Therefore, the writer is nation’s families received incomes going to review the political situ- equal to the total incomes re- ation in the United States today. ceived by the forty-seven per The following appraisal is built cent at the lower end of the on careful study of many factors. le. It does not represent the views of —_ one individual. Naturally, it is Power In the Public not infallible; it merely repre- These figures, in the President’s sents an honest effort to reflect opinion, do not measure the actual the party picture as it appears to degree of concentration of coh- an observer who is trying very trol of industry. Various cor- hard to be conscientious and fair. porate and financial devices are al used to maintain control over Third Party Wobbles Jarge areas of American industry. As a beginning, let us take up While anxious to secure the ad- the recent third party movement, vantages of efficient industrial launched by Governor La Fol- growth, the President insists up- lette, of Wisconsin. ,Up to this on competition and declares that, tj it has signal failed to “if the nation’s business is to peek funy $abstahtill progress. allotted by plan and not by com- There has been no rush of “tib- petition” the power shall not be | erals” to support the new banner. vester it any private group ort TH@fe has been a marked reluct- cartel. pay in the public through| ange an the part of “liberals” to its democratically responsible | abandon the leadership of Presi- Roosevelt," In fact, on the the sitdation today, the }new third party may be written off as a national proposition; it may have considerable import- ance in several states. Republicans Hopeful The Republican Party, under new leadership, is showing con- siderable activity. It has yet, however, to clearly delineate a Program of opposition that can rest. upon fundamental differ- ences of principle when con- trasted with the so-called Ne Deal. There continues to exist Space does not permit us to take up each of the subjects dis- cussed by the President, who feels that one of the primary causes of our present difficulties is to be found in the disappearance of price competition in many indus- trial fields. This, he says, is par- ticularly true in basic manufac- ture where concentrated economic power is most evident and where rigid prices and fluctuating pay- rolls are general: Affects Mr. Roosevelt says that in in- dustries like cement and steel, where prices have remained firm in the face of a falling demand, payrolls gti forty and fifty, t months. acttident.” TRB ee mae payrolls and employment have been far better maintained. Even the Government, itself, he says, has been unable, in a large range of materials, to obtain competi tive bids. alan aeed youask for The study recommended by the President would survey the con- cefitration of econemic power in tions, perfroming for business ‘a service similar to that performed for farmers by the Bureau of Agricultural Economics. Such a bureau would assimilate current statistical information re- garding foreign conditions, warn against the dangers of temporary over-production and excessive in- ventories, encourage the mainten- ance of orderly markets, study trade fluctuations, credit facilities and other conditions which affect the welfare of the average busi-| ness man. n Writes A Few Words to Those Who Read It nize that the writer who com- ments upon events at Washnig- ton finds himself compelled to center much attention upon Pres- ident Roosevelt. Regardless of what one thinks of the President, | he is the dominant, if not the overwhelming, factor in Ameri- can life What the President thinks, he plans, and what he does is of far more political significance than the similar thoughts, plans and actions of any other persony,,Dg- ‘ political today. what spite temporaryrsetbacks ytorhis program; apparent rebuffs ard re- ported bioss!-of; popularity, ;Pzesi- © dénb Rovsevelt: iso theimani whb makés ‘pdlitidal aews> bE ereatiis ~ issues and he. chooses positions. Atétmnd him) toh “ainbeding Tae." gee, centers the polititalifel at the United State: NY New Deal Popular Since 1933, the country has wit nessed the development and en- largement of what is called the “New Deal”. It is the Roosevelt program. The tions of 193 and 1936 demon te that it he amazing popular support. T! cold facts today is that there i slight concrete evidence that it has lost much of its appeal to the American people. The writer} says this, because, as an honest reporter, he must write what he concludes is the truth. It may be good news or bad news to the reader, depending upon what the reader thinks of the policies in} @uestion and the conclusion may | + be different in the Fall, but, to- | day, the President is almost as dominant as ever, A Battle \ Between: Republicans and Democrats, wide differences of opinion be- | tween the two wings of the Re- | publican Party. Its leadexs are | united in criticism of the Presi- | dent, it has made some progress in lambasting specific issues, and | it has enjoyed the differences which are apparent among vari- | ous Democrats. Generally, the Party is expected to make con- siderable gains in the congres- sional elections this Fall, but there is little reason, at this time, to expect the Party to capture control of the lower House. Democratic Prospects The situation of the Democratic Party is interesting. Certainly, there are some Democrats who do not like the leadership of the President. They do not endorse ; his program and they bitte sent his philosophy. iTh¥ arii- | cize thé New Deal 'épenty land publicly and some~of them fliré with the idea UP 4c ent the writer's’ opifion: Moreover! “while "Some" of 4heth | may not follow'thé Party leader. , ship, not many of them will bolt the organization. To Accept New Deal The fate of the Democratic Party is inextricably bound up in the program of President Roose velt. The Party, > has the option of a H ord of the Roose Administra- tion, supporting and continuing the Roosevelt policies, or resign- ing itself to passing out of the picture as a major national po- litical party. So far as the pres- ent is concerned, the Party must met 108 © You'll get better shaves for your money if Probak Jr, Why take chances when Tn regards to corporate incomes, American industries and the ef- Ofe-tenth of one per cent earned fect of that concentration upon fifty per cent af the net income the decline pf competition. He of all; of the manufacturing cor- feels that there should be an ex- porations, less than four per cent amination of existing price sys- of them earned eighty-four per tems and the price policy of in- cent'of all the net profits of al! dustry. to determine their effect Of them upon the general level of trade, PROBAK JUNI THE KEY WEST CITIZEN | DOCOOO COLES OEOESOOESESOSSIOCOOLESLOCOEOES , TODAY’S BIRTHDAYS COCO CCO OHA HOROOESOSEOOOOOSOOOEOOOOSETSOSESEOOOCSS Dr. Manley O. Hudson of Har-| Tom M. Girdler, steel head, vard, judge of the Permanent born in Clark Co., Ind,. 61 years Court of International Justice at ago. The Hague, born at St. Peters, ed i Mo., 52 years ago. Lady Astor (Nancy Witcher), eh first woman to sit in Britain's! Dr. William King Gregory of poy; idlantbin, crip! oanleontologint, ‘arliament, born at Mirador, Va., 59 years ago. } born in New York, 62 years ago. Samuel G. Blythe, noted journ- alist, born at Geneseo, N. Y., 70 years ago. Major says CCC graduates | could be turned into good sol-! diers by one month’s army train-! Dr. Arthur E. Bestor, president ‘98 of Chautauqua, New York, born ' at Dixon, IL, 59 years ago. UNDER NEW MANAGEMENT | OVER - SEA HOTEL Now Being Completely Renovated | OPEN THE YEAR AROUND Moderate L. S. Gruber | | “Prices Res. Manager 917 Fleming St. Prof. Bernadotte E. Schmitt of the Univ. of Chicago, noted his- torian, born at Stroudsburg, Va., 52 years ago. accept the liberal leadership of the President or let that leader- ship pass to some other party. The present prospects, so far as this writer can discover, is that the Democratic Party, as a whole, will undoubtedly, accept in full the Roosevelt program and seek to maintain power on the basis |} ¢ of the, Administration’s record. Le Key West Scavenger Service 1 “FOR EXTRA SERVICE PHONE 123-J WILLIAM XNIGHT ! | only de. -aa = See a6 was Phone 9104. LAY SAFE— & By keeping FOODSTUEFS at the right Temperature in oneof our ALLE METAL ICE REFRIGERATORS The refrigerators are doubly HEAT PROOF and absolutely air tight Priced from $20.00 wv Easy Terms—10 Days Free. Trial On Display at THOMPSON ICE COMPANY, Inc. —Phone No, 8— PRESENTED BY THESE FIRMS MAY BE DEPENDED UPON Give ThemY our Business! SAFEGUARD YOUR FAMILY’S HEALTH! For a low initial cost, and only a few cents a week to keep it going, you can have 43 DAYTON Water System in your home. 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