Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-02
MEYER LAUGHS AT REPORTS
HE IS QUITTING UNDER. FIRE
Declares His "Job Is Done
as Federal Farm Loan
Commissioner.
Plans Long Vacation After
Serving Government Since
Days of War.

Laughing at reports that he was re-
signing under fire." Eugene Meyer jr.,
retiring farm loan commissioner, ex-
planned today that his Job Is done"
and he plans to take "a long vacation"
on his farm in Weschester County,
N. Y.
! II the Senate concurs with the PreSi-
dent, Mr.. Meyers place on the Fed
eral Farm Loan Board will be taken
by Horace Paul Bestor. president of
the ST. Louis Federal Land Bank Co.
incident with the nomination of the
MiSsourian. President Hoover made pub
| lie letter regretting Mr.. Meyers de-
cision and praiSing his record of pub
lie service.
| AS evidence of the fact that recent
attacks made upon him by Senator
Brookhart, Republican of Iowa, had no
part in his retirement, Mr.. Meyer point
ed out that his letter requesting the
President to relieve him of his duties
was dated April 3, prior to the conven-
ing Of the present Congress.
Bro0khart Is Pleased.
On learning of the Meyer resigna-
| it as the most fortunate thing that
has happened in all the history of the
cooperative movement in this country
and added that sit indicates the end
of the system of dGcoy ducks and
traitors working in the interests of the
financiers"
MY letter to the President speaks
for ITSELF" Mr.. Meyer said, as he pre-
pared to clear his desk for a successor.
The simple fact is that my Job is
done and think I am entitled to a
nice, long vacation. The President,
who has been my friends for years, very
kindly has consented to let me go, and
I appreciate it.
II have no other position in prospect.
just want to take good rest on my
farm near Mount Kisco. I have been
looking forward to such vacation for
long time, and it was with reluctance
that I agreed to serve two years as
farm loan commissioner. Those two
years will be up on May 10, and then
/ am going back to private life.
II am not bothered about Senator
Brookhart or his attacks on me. am
satisfied to leave with the good will of
Mr.. Hoover, of members of Congress of
both parties and of most of the farm
ers. The farmers are my friends, no
matter what the Senator may say to
the contrary.
When came to Washington in 1917
to assist in war work, I had no idea
that 1 would be called on to remain
here so long. I was Al years old then,
and I am SO now. I have given some
of the best years of my life to public
service. I'm going to take 1t easy for
a while"
Is Silent as to Successor.
Mr.. Meyer had no comment to make
regarding the Presidents choice of a
successor, explaining that it would be
improper for him to say anything in
that connection while the Senate had
the appointment under consideration.
President Hoovers letter to Mr.. Meyer
follows:
It received your letter of April 3, in
which you tender your resignation as
Federal farm loan commissioner and as
a member Of the Federal Farm. Loan
Board
II intensely regret that your decision
is irrevocable and that, in the circum-
stances, the duty devolves upon me to
accept your resignation.
II particularly wish to take this OPP
portunity to express the appreciation
which all of us hold for the work you
have accomplished as farm loan COM
missioner during the last two years. /
know that you undertook the difficult
task of reconstruction at time when
the farm loan system was confronted
with a critical situation and public
confidence had been impaired. Under
your leadership the administration and
supervision of the system has been
greatly strengthened, this great institu-
ton of service to the farmers has been
placed on a sounder basis and public
confidence has been materially i'm
proved, and will be Of lasting benefit
to the agricultural interests of the
country.
It am aware that after 10 years of
public service you unwillingly under
took this additional two years of serv-
ice, and can realize your desire to be
relieved. I earnestly wish, However,
that you could remain In public service.
where your high qualifications and