It was not thought that either candidate would venture to
interfere with the Eighteenth Amendment to the Constitution which is the basis of the Volstead Act, but Mr. Raskob has- announced that if, as a " result of careful study," Mr. Smith could' evolve a plan for regulating the liquor traffic, which would prevent the revival of the saloon and eliminate bootlegging, he would have a right, as President, to press for the necessary changes in the Constitution and the laws. A brilliant tactical move by Mr. Smith is his attempt to persuade Mr. Owen Young, the chairman of the General Electric Company, to stand as Democratic candidate for the Governorship of New York. Mr. Young is 'reputed to be the principal author of the Dawes Report, and is a -business man of immense reputation. It is not yet known whether Mr. Young will stand for the Governor- ship, but his open declaration that he is a supporter of Mr. Al. Smith is an invaluable asset for the Democratic Party, * * *
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