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PRESIDENT HOOVER'S HOME IN CALIFORNIA cations the walls have not yet people have yet learn what proposes respect soldiers bonus. He seems think cash surplus of 000,000. that there surplus people promise start congress. the pork barrel and other people deserve to know why, Demohas passed than back Garner the Democratic house.
Personal Banking Plan. he yet stated the governinto vided in the bill passed the congress under Garner's leaderto know his the rubber dollar vided legislation passed by people deserve to know what phrases and the Hawley Smoot protective mean. He 100 per cent support the competitive revenue. gives nebular implications Boston that he will protect certain of dif ferent schedules law debate merits, he be ciently which high once the mission as to the truth and can give quick remedy. that should do away with the tariff people deserve to know whether, reciprocal omit the agricultural commodities from deserve know mittee Oklahoma his thority their promise federal legislation which will pour liquidation Indian claims expense of federal taxpayer.
Takes Fling At Hearst.
The American whether draw the proposal vastly expand reclamaland thereby increase despite assurances surpluses people deserve whether support repudiWheeler, Long. Hearst and others long put government into large business deserve know details Shearon the be once given job by the the people to assume that he congress his supporter, people deserve know whether has accepted the posal his Hearst, for sue William his opposition the Does join Mr. Hearst his still the foreign debt permitting foreign nations country which owed our government. words, giving up our farmers, furnish our profits necessary make payments He emphatic the That the has the states of help to vide
Position On Dry Law.
The and charthe the cratic party evident their for the eighteenth than they know Demothe the posal for outright repeal the the sequent return and resultant lack of protection dry states, stated acceptance speech what only ground tection which whole question can reach solution. statement was the result intensive experience with delivered to probably the largest together United to you. matter public are false first place the United tSates secret; no place the interest identiwhich The Republican employer has the same publicly opinion employer and the Demosee tempts of the tonight to prewhole people of eration aster. These measures are now upon road and complicated. perhaps the only of them by
Recites Dawes Bank Case. would like have picture sitting the room of the Federal one cities, room Federal some 200 from group seated of United States Both the groups included Federal Reserve banks, directors the the bankers embracing men political and all had on few meet gency by long distance During the preceding week there had upon banks cities. had pressure of On Saturday morning the situation become critical the extreme. financial districts thronged excited crowds frightened the lobbies the banks in the doors closed for the day crowds manding deposits. Throughout Saturday evening and Sunday increased and began spread like the district. banks heavy the positors the banks midst of crisis make quick sale of their securities without sacrifice to the positors, ment of and business
Failure Threatened. found banks these had the others by depositors. Without bank would the following The failure this bank conthe threatened bring the other banks that spread involve many trust and insurcompanies. The was to before sufficient reasoning give absolute funds depositor in full without the of inquiry into the the found that had which, have leaving the could not instantly sold any price, would propay and could not collect instantly notes. In inquiry into the condition the depositors, of whom were savings depositors; that the the savings only them safety of be the other deposiof the was found there were 17.000 most whom were men gaged whose posits the their the chasing their the discharge obligations others curred the course business.
Meant Great Hardships. Jeopardy meant that in factories stores would discharged into untold hardships.
But these were all who this bank. the 17,000 depositors were country banks, the of them people. this should many of these country banks the complex system of life things the face der the surface inextricably tied farmer small town in for safety widow small deposit in bank another state might between her the city the farmer state and the though did not had direct financial this bank. banks must with the city banks the ordinary conduct trade and their city banks order upon which they pay to their deNow, found on examina755 banks 6,500,000 depositors scattered fifteen states. But There which had deposits banks this particular bank banks than depositors: involved widows, orphans, insurance manufacturers chants.
"Not Forgotten."
And addition all the banks. city bank must for the payment the money due from its borrow. any of dependent in would and to when could turned cash at anything like bank and in the who their posits bank, women instimoney on their They scattered throughout the length breadth the the farms, the cities, the Most these groups their danger. were their homes churches, their they were not beforgotten. had conducted this bank men said that their, concern the these dreds thousands millions people from They were for the conversations occupied many cities to Washington and again. Remember this was on Sunday, the difficult conduct. difficulties encounsolutions working against
Secured Needed Cash.
Finally, at three hours after Sunday pleted. assets been valued the examiners the Reconstruccorporation. The the two cities joined lending and the construction corporation agreed furnish sufficient assure that could open without and meet every demand of its At on Monday all these banks opened usual. Public that ample funds were on hand had been anticipated, immediately excitement panic The melted The saved, not bank but the which been subject to heavy withdrawals. loans offered by the co-operating the fully for been paid, connecepisode The central human figure that bank was served country forty many years been from the position the story of the Dawes bank Chicago. know use our political ophave this incident. ignore the fact that General from Reconstruction three weeks before, his first news attacks were the which name had long been asHe resigned try to that without of which he director.
Says Democrats Insistent. He knew and appreciated the that made in of such calumny. He sought paign should know that, when Sunday GenDawes that could bring himself ask for assistance from the corporation which had so lately been director but upon insistence the the struction the meeting upon the insistence leading Democratic banker Chicago, was mentioned the United and upon the City Democratic banker mentioned for the presidency, insistence the other Democratic poration General effect upon my that was case of nationel and those there jointly offered the full responsibility for the These men acted not because Republicans, citizens United States. The situation demanded broad vision compreunderstanding of the probcouraction. Only by major disaster averted. may tell you only these adequately secured in ordinary business they are paid this episode political der upon men their party cruel injustice General Dawes. characteristic example the this campaign. insult this tion for the grave issues which lie before our country
Six Similar Episodes.
And tell that this great centers the United States, the direct result the shocks and fears which received foreign nations. But such by our governagencies has not limited of populations under the corintervene their banks under similar cirBeyond that they have made loans to 736 buildloan members, loans several hundred farm stock credit corall of for the purof preventing of dreds farms the their family The totals today aggregate millions men and women forgotten. remind you of thing these loans. The they should be loans been repaid. burden upon the But the jobs and women. into matter what the Reconstruction This example of the meanof my phrase about the government the full its credit great the of families. of both Reinterviewed the leaders publican them what display secured their oval sufficient assure complete the measure Other Nations Respond. then resolved upon course. within published proposal hours after communiother in cations that politicians might thwart through prodiplomacy. this for the time the history the world, made personal, hourly use. of the newly installed transatlantic and phone the presence of the leaders received wholehearted and immediate from Signor Mussolini, the same sympathetic response from the prime minthe government of Belgium which, might would from the than any other nation, instantly. The arrangements were not complicated nations and involved unsacrifices. Day after day. night after night, one another, methods difficulwhich arose, adjustfinally year of And was not merely postponement the ments debts which was seeking. seeking for year in which Europe situation into which she was driftseeking remove from the mind the world the fears bacle civilization which down credit bring their attention the healing power of international operation.
New
You yourselves are familiar* the history of the year which lowed. know that the proposal of the entire curof and changed tory of the ization brought new understanding the the burunder which Germany been Under the impulses of these agreethe peril out to the Gersecurthe world from the agreements at Lausanne. That agreement and the humane sympathies which the served greatly the healing of the wounds the great There lie events of the great dramas, great tragedies. have told of but two all these incidents, the the courage the willingness place their and their political future stake the No man can through these without there great the courage, for the guidance this back stability interthe development of human welfare.
Challenge To Roosevelt.
Democratic candidate for has, since the beginning the campaign, been going down criticising Reconstruction corporation maintaining its been the for the benefit of the ordinary citizen. Can he honestly believe that in the incident described in countless similar the action was taken for the benefit the and not for the deposhe then his spirit discontent political campaign the use erroneous information merits just of first to this citizen of his banks, who letter setting before the real facts and requesting Weeks and that request part the to episode protect the people, last fortress stability the world. the time assistance May year ago made journey from see me present me the desperthe German people. His under burden the war, that people
Appeal From Germany.
They had made courageous inexorably social desperation, those had fought comply upon them all heart for the coming the conclusion that taken place Russia, offered them the ambassador's ture of what was happening common and women that probnot from humanity that nation fall the the rest the and United States be irreparable. knowing character without lomatic history: appeal of great that should offices United States their order year which European nations, could come comprehension what doing to civilization proposed inone This easy to hates and still made its doubtful. make sure that would accepted in country,
