The weekly Iberian. (New Iberia, La.) 1894-1946, 1919-09-13
Herbert Hoover, u. S
Food Administrator,
Resigns.
Gives out Statement on High
Cost of Living.

Mr.. Hoover, who for the past
five years has been serving as Di
rector General of Interallied Re
lief and Chief of the American Re
lief Administration, returns tt
America this week.
During these five long trying
years Mr.. Hoover has served in
this capacity without pay, and has
even paid his own expenses
Upon his arrival in New York
he will be given a reception and
dinner after which he will 90 20
his home in Palo Alto, Califor nia
for long and much needed rest
This is expected to mark the re
tirement from public life of this
man whose name has been so much
on the pubic tongue recently.
Mr. Edgar Ricard, of the Amer.
lean Relief Administrators of
fees in New York, issues the fol
lowing statement about Mr.. Hoov
er and his work:
"Mr. Hoover's war work has
now been completed. The Offices
of the American Relief Admins
tratiOn 10 Paris are closed, and it
only remains to write the history
of this gigantic task. The Food
Administration exists Ohly tech
nicaily and ceased active control
III March, having gradually re
laxed It's rules and regulations
from the time the armistice was
signed The United States Grain
Corporation and the Sugar Equal
zation Board created 10y Mr.. Hoov-
er are now functioniDg separately
and not under the direct control
Of the Food Administration. Mr
Hoover, however, retains the
Chair manship of the American
Relief Administration of the Eu
rOpean CbiIdren's Fund, private
as distinct from d
Government Department. set up TO
carry on the work initiated by the
for providing the
in Europe with supple
mental meal
In a statement issued in Paris
last Tuesday Mr.. Hoover expressed
the following views concerning the
food situation in America and
abroad:
"There is now distressing spec
ulation in fOodstuff in the Unlted
States and in the worlds primary
food markets and 1t is this that il
causing the high price of living
l he wharves and warehouses in
European ports are oves-
flowing with fooGstuff, principally
meats, fats dairy products, sent by
all over the world.
These merchants gambled OH sales
IN Poland, CzechosIovakia, the
Baltic States and Germany aud
much of the goods is in danger Of
spelling because the prices are
high and the currency of these
countries has deprecated.
"rhis years speculations," Mr..
Hoover continued, care due In my
opinion, chiefly to the belief of
food merchants and manufaciur-
ers that when the blockade was re
moved there would be an enor-
nous demand for fOodstnffs and
other commodities in Central and
Eastern Europe. This specula-
ton was not due to any important
shortage at present of actual sup
ply. The speculative fever, which
was not confined to foods, was
greatly stimulated by the long de-
lay in the removal of the blockade
until the Peace Treaty was signed
at Versailles. There is plenty of
evidence that this was true of
food stnffs in glutted ports in
Northern Europe where only Deu-
trails have the means to buy"
In reply to question as to how
food speculation could be checked
in the United States, Mr Hoover
said:
"a ttorney General 4. Mitchell
Palmer IL on the right track when
be en1eavors to break down specu.
Iarion and seeks to secure powers
never possessed by former Admi-
to enable him to ac-
this STEP"