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The Brooklyn Daily Eagle from Brooklyn, New York • Page 3

The Brooklyn Daily Eagle from Brooklyn, New York • Page 3

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Brooklyn, New York
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3
Extracted Article Text (OCR)

3 BROOKLYN D'A'TLY KAfiTE, NEW. YORK, WKDN'KSOAY, NOVKMRF.R 18, Tugwell Quits And Takes Job 3 Brain Trusters Reunited as Tugwell Joins Taussig and Berle in Firm Here Spotlight on Europe Plan to Modify Surplus Levy Is Abandoned ax Works Better TWn Kxpeclerl, So (iongresf With Boro Firm -By CONSTANCE DREXEL Roosevelt Accepts but Says He Expects Him Back at Later Time Premier Blum Calif on Nations lo Choose Between Disarmament and War A Paradox LAST we are hearing a voice A declaring "Europe choose between disarmament -1 hW-Mw k' ill A I --Vjs': I I Will keep Hand Off Copynhl, tlnn.H Ptey Washington, Nov. 18 U.R Admin. Lsiration leaders have abandoned plans to ask the next, Congress "i modify the mn trove rstal tax on nn. distributed corporation surplus for 193.

it was learned today. Treasury officials said the Irm. imposing a sliding scale of from 7 lo 27 percent on earnings undistributed to stockholders, was working "better than we expected" and no effort. would be made to chant; it after Congress convenes Jan. ft "We will wait until the March IS returns are filed to see what, happens." one official said "It, looks as if we will get better revenue than anticipated." The Treasury, meanwhile, was disclosed to be studying a proposal 1a step up the percentage on undistributed surplus taxes and eliminate the present 8 to 15 percent, corporation Income tax When Congress enacted the 193 Revenue Act, it.

was estimated that the tax on undistributed corporation and war." Those were the words ot Premier Leon Blum, speaking at Soissons last Sunday. They are quite paradoxical to the usual assertion that nations must have armaments to prevent war. Which thesis is going to win out? It is a pity that we have only the tariefest excerpts from this speech in one New York paper. Rearmament and every increase in armaments, even if only rumored, are featured In daily headlines. But the other side of the picture, the effort to break away from this arms race, is consistently lenored.

Continued from Page 1 Tugwell principal assistant for the past year and a half. He is deeply interested in racial and farm tenancy problems. His home is In Atlanta, Ga. Target of G. O.

P. Fire Tugwell told reporters that he had been planning to quit his governmental posts for some time but had waited until the election was over. He was one of the principal targets for Republican fire during the campaign. His formal resignation was handed to the President only yesterday, a few hours before the Chief Executive left the White House for South America. In his resignation lie said: "My dear Mr.

President: "For reasons which have been discussed between us more than once, I should like to be permitted to resign from the Government and return to private life wlthiu the next few months. "I have served through the better part ot your first term as President with glowing confidence in your policies and in you. I do not need to say that if you ever have real need for me again I shall be on call. "Respectlfully yours. G.

President's Reply Premier Leon Blum also said that disarmament must be obtained be fore anv international contracts would be kept. This is because the lemptation of certain leaders to use surplus would yield about $645.000.. armed forces to win their ends is ever present. Nor did Premier Blum drop the matter there. He is reported to have promised that the 000.

Secretary of Treasury Henry Morgenthau Jr. said the yield wv French government would again and Drug laws which fulled ol adopiiiiii In i tie lust Congress and I tie Sugar V(1 act which became la a lew sears ago. '1 he Ixiier act. filing proportions of raw and refined sugar to be supplied bv domestic and foreign sources, will affect, in a measure, his new lob. The American Molasses Companv of New York which he joins, tins recently starifa a nuge ut lpa.sl as good as anticipated and perhaps sllghl.lv better.

Favors Higher 'I'm The Treasury favors a higher tat on undistributed corporation sur mske an effort at Geneva to save the cause of peace. Whether he means another attempt to resurrect the disarmament conference was not Included In the wireless dispatch. The President's reply said: "'nni a.T.. m- plus to pick up the revenue through "FIRTAINLY the initiative of the in the lower new sugar refinery in the Kne increased earnings Basin. It will have a capacity of bracketed wrrtrr Hexforil Guy Tugwell French government and some Inn i The fe're Haiiu xutthautei, pluiil uikJ new irgur rrfiuerr of tlie 4iiitUhii Muluttn Cum pun r.

Ex-Undersecretary, Last of th smaller powers, including the Scandinavian countries, to do so at the September Assembly fell like a dud. Where was the United States in this attempt? Though not a member of the League of Nations, we are a member of the disarmament conference. Therefore, behind the scenes, we were consulted in regard to our altitude. And from personal inquiry of (irOUl) lo Depart meetings lo "solve" national and in- I lei national problems. Meeting him Krolll Washington, Was 111 llle street one day after his se- i lection as a campaign assistant, Dr.

Target of Many Critics Molev prevailed upon Tugwell to 1 help him. It was pointed nut, that thousands of workers and shareholders In, corporations have received millions of dollars recently in wages, honu.se and dividends from scores of com-panles anxious to escape the tax or in a better financial position because ot improved recovery conditions. "It if quit evident that the bulk of the revenue, will come from the individual taxpayer and not. the corporation as a result of tha 1a on undistributed corporation sur-plus," a Treasury spokesman said. "The fact that thousands have received benefits from this tax will furnish a strong argument in favor of its continuation." "Dear Rex: "I fully understand the reasons that make you feel you for a while at least, return to private life within the next few months.

You have given generously and efficiently of your services to the Government for these past lour years, and I want you to know that later on I fully expect to ask you to come back to render additional service. 'Tter on, when 1 have returned from my trip to South America, we cau talk over the actual date on which you will want your resignation to be effective. "With my warm regards, "As Ever Yours. "FRANKLIN D. ROOSEVELT." The American Molasses Company which Tugwell is Joining is one of the oldest in the country.

Its present corporate life started some 75 years ago. It is capitalized at All the stock is privately and closely held. Besides its plant in Brooklyn, covering several acres at the Erie Basin waterfront, it maintains plants at New Orleans, Wilmington, N. Boston and Montreal. Keile Director of Him .000,000 bags a year.

tut of "i'mal" tii On The Undersecretary of Agriculture is the last of the original Brain Trust to leave Washington. Dr. Moley was tlie first and he was soon followed bv Mr Berle who became New York City Chamberlain, and the others. Tugwell was born in up-Stale New York on a small arm and as a bov did farm chores. He was educated at Masten Park High School and went to the University Pennsylvania where he attended the Wharton School of Finance.

He received a B. S. from the University of Pennsylvania In 1915, an M. degree in-1918 and a Ph. D.

degree from the same Institution in 192. He taught at his alma mater and the University of Washington before Joining the teaching staff at Columbia. He is married and has two children. terUkiningly, Tugwell became the best "diner out" of tlie brain trust In Washington after Moley quit his job as Assistant Secretary of Stale to become editor of the magazine Today. His company was much sought by Washington hostesses but he preferred small groups to large.

Recently he has been engaged in a drive to make the RA a permanent part of the government. One of the purposes ot his present trip through the Souih Is to convince Secretary Wallace, his superior, that It should be a part of the Agricultural Department. Among the measures proposed In the first Roosevelt administration with which lie was actively identified was the revision of Pure Food Adolph A. Berle another attendant at the Moley-'Tugwell "bull sessions." became another recruit, and so did Charles William Taussig, now president of the American Molasses Company of Brooklyn, which Tugwell will Join. During the campaign this group was dubbed the "Brain Trust" by an irreverent reporter and by that name the group has since been known.

When Dr. Tugwell Joins the American Molasses Company he will By l.KO EUAN Rexford Guy Tugwell is a quiet, soft-spoken college professor who wrote rather dry treaalses on political economy and who arrived in politics by accident. In 1932 he lived next door to Dr. Raymond Moley, who had been enlisted by Franklin D. Roosevelt to help him write campaign speeches.

The two were members ot a Columbia group of liberal thinkers who had frequent informal find on the board of directors two of liw oiie-liine Brain Trust Associates. 1'hev are Mr. Taassig and Mr. Bene Two ottietr Taussigs. Felix and Richard ate also listed on the directorate in the 1936 edition of the Directory of Directors.

Spcechru Traced During tlie campaign of 193'2 many portions of Mr. Roosevelt's speeches could be traced to a book writifti in 1926 by Dr. Tugwell in collaboration with Thomas Munro and Roy Suyker, It anyone took the I rouble. Tugwell at this stage had managed to keep well out, of the limelight and no one bothered. After Mr.

Roosevelt's inauguration, he became Assistant Secretary of Agriculture and then Undersecretary, a new post created to increase his pay and prestige. He was a Uo named head of the Rural Resettlement Administration which to the general public has since been known as RA. In many respects the least radical of the original "Brain Trust," Tugwell, soon after he took office, became the target for a furious bar at the State Department, it is to be learned that our government said we'd be willing to go along it the others would. So far, though weeks have passed, published minutes of the disarmament discussions at the Oeneva meetings have not been available In this country. It is possible, nevertheless, to karn that Great Britain, more than any one else, blocked the move.

Foreign Secretary Anthony Eden was recuperating on the Riviera, but the British representative none other than Ramsay MacDon-ald's son, Malcolm blocked the creation of a permanent disarmament commission at Geneva. Oifne number! Nfir Tor Security Dealem AJwwl.tlon. hv taunt tor fire dlntrlhutlon booklet roaUlnlni Over-the-counter" quotittom oa lndu-trul, public utilltT. rl eeuu. forelm oollir and Investment trunt bnnd tnd In-diHtrnl.

publlr. ntllllT and br.erv em, mon end preferred mock King's Guards Seize Veteran St rw directorate includes besides Nor was Britain willing to take Charles William Taussig two othe up the discussion of the proposals Taussigs and Adolph A. Berle Jr to dry, the King told a farm manager: "You can arrange to send some of these to London for me, I am fond of them." Hears Pitiful Tale Later tlie King received first-hand information on life in southern Wales from the veteran J. Dm lion who in reply to Edward questioning said he was making 30 shillings and six pence 'about a week. "a i i tor me international control of who served on the original Roose- nd munitions which the velt brain trust along with Tausslti final weeks of the disarmament Mr.

Taussi iM.im.nam.nt conference. The status Of these I TliifWellx 71PW rMwlHnn nni ut vt rage of criticism based on the alle II. rtrf proposals is that they were sent by report that the storm center of tlie the league Secretariat to govern- New Deal was to return hi. ft. li.oy Continued From Pate through the ranks of onlookers standing before a new row of cottages and touched Kdward arm.

Several In the crowd shouted angrily. Plainclotliesmen seized Thompsou and hustled him out of sight. Red bent on revolution with a cap ments for tbelr study. It?" asked the King. FULTON' AT BRIDGE STS.

BSOOKLYN And there baching duties at Columbia, which lie left in 1933 to become Assistant they sleep. "No sir, and very often we have to sit in the dark because we can afford the half-crown a week for ital R. His writings were combed line by line to suport this thesis; the Senate Committee on Agriculture grilled him for hours on the Secretary of Agriculture CROM what we ai'e able to gather, "Dr. Tuawell will 1 the excuse of th British onv. I electric light," Dalton replied.

subject before voting to recommend OClUiC II i i road in overall: told the King he his Undersecretary, had been without a job for 13 years Attacked As "Red" A little farther on, Evan Ashton, 20, Dr. William A. Wirt, an Indiana Persian-Trimmed Coats That Lift the Wearer to JCCL CCilltlll huu nuue einment. is that they don't want to, he will be with us for a long lime" make any move along these lines Mr. Taussig said until their rearmament program is "I regard hiui as not only a very completed-that is, In 1939! Mean-1 excellent economist but also as a while, of course, they are girding capable themselves for a war to meet Italy's challenge, or an attack by Ger.

said lie had never had a Job. many. And the name is to net the vumuniiy Only ew owns all the stock of the Sucrest Corporation which last Fall completed a new type sugar refinery at Erie Basin. It was the first refinery to be built in the United States lii about 1J years. United Slates on the side of Britain.

To accomplish this result, we are about to face a barrage of propaganda unequaled since the World War. when the Allies drew America in on their side. That, one often hftarf in TPr rr I rri a Hnn tili schoolmaster, made headlines in all the newspapers of the country by charging Tugwell was a revolutionary. Tugweh principal economic thesis both before and since he Joined the Roosevelt "brain trust" and Cabinet has been the contention that "ex changeability" must be restored and preserved If democratic capitalism is to survive. This "exchangeability" he defined as the power of various units la the economic system the farmer, industrial labor, professional people, capital and white Operated In connection with the The King, seemingly unperturbed, continued his tour of Inspection of the poverty-stricken areas.

Wanted Chat With King Thompson explained: "I only wanted to remind His Majesty that when he first landed in France during tlie war 1 was a member of his first guard of honor. I was hoping to have a chat with him about it. 1 am sure he would be Interested." The officers then released Thompson, who rejoined the crowd cheering the King. King Kdward. accompanied bv Minister of Idbor fcirne.st Brown and Sir Kingsley Wood, Minister of Health, cane to Wales this morning from London.

The King disclosed a royal taste for the odorous leek, Welsh national while Inspecting the farms in this area, Seeing bunches of leeks. first cousins to onions, placed on an arch st mt i. i refinery is a small electrical aener "That's bad luck," Kdward sympathized. Archbishop lllwiiswt Wail Cardiff, Wales, Nov. 1H tUP Behind him In Uii1uii King Edward left reports that the Archbishop of Canterbury, chief figure in I he Church of England, presided last night al a secret meeting in a room in the House or lords at which the King's friendship with Mrs.

Wallis Simpson was discussed. It was sajd that, the topic wm whether the King might, marry Mrs Simpson and if so whether lie could obtain a Church of England clergyman to perform the ceremony pei-haps the rector of the Royal Chapel at Windsor. Both churchmen and laymen of prominence attended the meeting, it said. with, in addition, Innumerable lec- I wnlcn "PPm not only Hires booked for our platforms. All refinery but several other fnsti-have the same theme song, "You el1' The refinery itself, wouldn't sit by and see Britain de-1 be of the moifr" stroyed'" tne wolld.

Ww designed prl- An from low cost production. 59.95 i collar workers lo exchange their Tugwell has been familiar with filWfl kintr (Olir. I trwirl a cnriLit nut that this thmicrht hpin Hiih.r. Problems for bon.e time He was In part responsible for the 69.35 to 89.95 VoIumI Ately planted in this country. "How 1 labor and products for the labor and products of olher units.

The AAA and the RA were both conceived as mesns to this end. Their function, roughly, was to Increase the income of individual farmers to the point that they could buy the products of industry. A handsome man who talked en- Sugar QuoW Law which fixes the nac, cuiuu uir same es- tinn in iHntioi h. I Quantities of raw sugar with re luviivivpi, nil! WO, WC liUlirU ABRAHAM finers can buy from domestic and foreign sources. The Undersecretary said that he woud continue his interest in low Income farmers and that he would serve on Piesldent Roosevelt Tenancy Commission to which he was appointed yesterday.

Tugwell Aide Says He Will Quit Soon fUlTON ST. at HOYT new in CONVENIENCE in LOOKS IDEA LIGHTNESS S3 at me from audiences in Wisconsin. New Jersey and Georgia?" So that is the situation. Premier Blum says, disarmament or war! Is this the crux of the problem, and if so, what ore we going to do about it? Anthony Neuman Wills All to Widow Anthony J. Neuman, who died Nov.

9 at his home, 87-45 86th Woodhaven, left an estate of 110 -000 personal property to his widow, cording lo the probate petition filed yesterday In Surrogate's Court, Jamaica. Mrs. Mary G. Neuman is also executrix. An estate of $7,500 personal property was willed by Mrs.

Emma A. Gerken to her husband, August of 111-05 95lh Richmond Hill. Mrs. Gerken, who died Oct. 27 at her home, named the widower as executor.

His widow. Johanna, Is executrix and sole beneficiary of tlie estate of $4,000 real and $2,000 personal property left by William R. Van Cleve, who died Oct. 17 at his home, 80-12 Woodhaven. Mrs.

May Bopp, who died Oct. 1 Ma tin's arp known for uncommon values in out of the ordinary coats! This collection with fine black or gray Persian used in new, inspired ways will brina more acclaim! So FINE they'll be snapped up by women who expected to pay $100 Fvery one characterized by good taste fine workmanship. Not a forgotten woman our she hnp-up Also nntr Albuquerque, N. Nov. 18 OP) Joseph L.

Da I ley. Assistant Administrator of the Rural Resettlement Administration, said today he would resign soon and return to Albuquerque to practice law. Jobless Valet Killed In Four-Floor Plunge The body of Benjamin Welch, 60. an unemployed valet whose home was at 93 Amsterdam Manhattan, was found today on the roof of an extension to the main building of the Flushing Branch Y.M.C. at Northern Boulevard and Bowne Flushing.

He had occupied a room on the fourth floor of the main building, from which police said he had fallen or Jumped. Weich had been missing from his HOOVER Mm CLEANING ENSEMBLE fox, badger, lynx, skunk and pru-e beaver trimmings of this Benet Coats Third Floor. Ditfetent (torn nn- -'aiipr you've ever known! Really Iho first rw-o'Sv new cleaner in ten years. Mads with maqni'im, one third hqhier than amm'nnm. Heniv D'yfusp desianed it.

And it at. her home. 90-0'i 102d Rich- i home since Oct. 30. On Nov.

he mond Hill, willed an estate of $2,500 I registered at the Branch as real and $2,000 personal property to I James Cole, of 153 66th St, Man-hcr husband, Robert. hattan. bos ol al nieen new i it's inslanM It i pivemenls altogether! Best onveitibie (or cleaning tugs I TRiangie 5 7200, Ext. 625, lor Chcrrtj Purchnoon Madu In Nnmbf Mrpr Paid in lonurrrv! and furniture! ftee demoridtiation. i week.

1.50 payabl monthly SurprUtnaly low nerm. Opn ThurHav 'til 9 p.m. Sahirrlayn 'Hi 8 p.rn. vtry'VR Floor Mth AIko n( AAS, IN HilUlrtu Mmm ol ISSiti Stl.

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About The Brooklyn Daily Eagle Archive

Pages Available:
1,426,564
Years Available:
1841-1963