THE CABINET: Calculations

J. P. Morgan standing in front of a Rolls-Royce show window might remove his silk hat, scratch his head and ask with perfect reason: "Shall I buy one? Shall I buy ten? Shall I buy twelve?" A beggar standing in the same place and seriously making the same inquiry might very properly be arrested for insanity. Yet the difference between the two would be a mere matter of purse.

It is the same way with Congress. It removes its black felt political hat, scratches its earnest political head and...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!