The Archive · 1938

Isolationist Powerful

The isolationist bloc is still powerful, particularly in the Senate, and the National Anti-War Congress is meeting here on April 28 when many speakers will undoubtedly take the line that America's neutrality is already being undermined by foreign propaganda and the efforts of the European "Democracies" to enlist America's aid in the event of a war "against Fascism."

Recent speeches in Congress have repeatedly made the point that:—"We are back in 1916 and the material and spiritual pull is again being exerted to line us up for another war for democracy."

The sale of a large number of Washington, Apr. 20.

President Roosevelt, in a reversal of policy, which revived prospects, of an early truce between the Government and the private power industry, unexpectedly today included the utilities in his recovery relief programme.

After a White House conference, Mr, Jesse Jones, head of the Reconstruction Finance Corporation, said utility concerns were included among those eligible for loans from the RFC. funds, He said he had received applications from several small utilities asking for loans, Mr. W. ©. Douglas, chairman of the Securities and Exchange Commission, said the SEC. was exangining prospective security issues to large utilities. Neither revealed the amount to be loaned and whether the object of the loans would be to create a market for so-called junior securities, This depended, Mr, Jones said on the definition" of junior securities. "The whole programme is based on putting men to work,' he said.

More "Dole" Needed Mr. Harry L, Hopkins, Federal Emergency Relief Administrator and chief spender in the Government's "pump-priming" programme, testified before the House Appropriations subcommittee that there was urgent need of U.S$1,250,000,000 for relief appropriation.

The White House did not confirm Detroit reports that President Roosevelt was planning to confer soon with Mr, Henry Ford.

President Roosevelt is expected to deliver a special message to Congress either on Thursday or Friday requesting regular taxation for future issues of Government securities,—

United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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