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NAME PAUL V McNUTT WASHINGTON D C July 11 President Roosevelt today sent to the seriate the noni ination of Paul V McNutt of Indiana to be head of the important new Federal Security Administration The nomination was an nounced shortly before McNutt retiring U S High Commissioner to the Philippines called at the White House Naming of Mc ¬ Nutt to the choice government post couiled with McNutts frequent White House visits led political observers to predict that the former governor had the inside track foi the vicepresidential nomination in 1940 ir the event that the president decided to run for a third term