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Joseph P Joe Kennedy Sr — Part 5
Page 52
52 / 77
The Wettone] Mair WEN YORE feweyapte Byndteate
FA = 7 By Jases Bool} in wel, Weae3ade_
Gararp = ae old adage that a correction never catechre up with the original ais
atateurn? te being preved ta the case of Dari finely. if, Inbinaky is brad of
the powrrfu#} ladices Garorot Verkers Union, an active promoter of the or iprter Party fi
ene of J a' chisf aides in the battle for toduatrial unlonisstion, and =
‘ane of Mr, Boteryelt's 47 clectors in Few York State. ©
. Moping to esterrass Roosecrelt, 9.0.7. chairsan Joh ton, publicher Rrarst
and others have refard @ tromedous bur and ory sbout Mbikery being a communiat =
ebfefly bccoust be Poiecd and seat eomr money to the Sponieh government for Rcd
Gross purposca, ,
The occusation is abeurd to anyone who knows Dabineky's bletory. Us has f +
the corminie$ice clement tooth end nail in bis own tmion. . Mc bas proved the chatez
wetece, Thc Industriel Conneil ef Cloak, @0it ami M@cirt Manufactoreres - whe hart
very reason to hate Dobineky'¢ soul = hart backed Bie denial publicly. ‘Yxt the }
ganard flourishes Jie the green bey tree and thoroughly rrputeble citisens ore \
taken in by it.
eeene
SLIM @ recent significant drecrtcr from the Hocecwelt ceuac - who attributes bis
fefection to hie ingbility t+ vote for the Scommmmist® Dnbinsky aa an clictor = is
artimr T.B0'Leary. Wr. O'Leary ie a proninmt New York Catholic layman and hae been
@ closc fricnd of Jim Farlzy.: Fe awinge « lot of wright in Coureh circles.
It looks more and mort og if Erarat's "led scaré® will turn out to be an anti-
Booorvelt gold mine - heiprd along by the Waite Eouse beving edvertierd it by taking
efficial cognieancs of its Mew York anti-ucw Deel chtefs = while privately amit:
ting toot they know it's the bonk - are delighted to ner puch a potent weapon addcd
¢e their arsenal.
Gonvereciy Erw York Democratic leadere are gravely torricd. It in painfully
ebrious that th: "fesue" - heerver phoory - has a strong mootional apocal, Uolres
$t can be suocessfully oct = cepteleliy emong Cathole wotera - Tik'a chances of
gearsering Sew York's big electoral wte will be lis,
BALD The ancool report of preaident Guarire i of the Hew York Stock
Exchangt marked the first time a reeponeible officer of the fxchange bas officially
ena forcefully taken idewur with thr Scouritize Exchanger Comieeion on a matter of
market policy.
Mr. Gay ecphasiace that bid and offcr qceotations for various stocks show larger
eprracs than they aid @ year age aod deducce thet trading dinitations imposrcd by the
New Deol are drying up the liquidity to which ewery holder of @ listcd stock ie mup-
peecd to Be cotitled. Dy infertnce they are aleo drying op broktre' commissions,
elthough Mr. dey docen't @well] on that. There's @ eral differmnce of opinien here,
as the STC has indiceted in ite official reports that the taportance of Liquidity ts
eterratiaoted, The Stock Exchanze Preatdent ule takes a gherp pop at the capital
gains tox. _
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