Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-11

AS long as two weeks ago Washington
got wind that the present reaction" IN
the New York stock market was immi-
nent and that it was to be followed, at
or about the time of Herbert Hoover's
Inauguration, by rousing advance"
The New York newspaper which fore
Swallowed events in it's financial page
said, under the headline of Political
Reasons: 1.-THE friends of Mr.. Hoover
want to celebrate his Inauguration with
a rousing advance and fear that If there
is not a good-sized reaction in the
meanwhile, it might be something of a
fizzle. They are said to figure that,
with the market backing away for q
few points during early February, 1T
could carry through early March with
a rush. The theory is interesting; 1t IS
one of the theories commonly classed
as important--if true" The reaction"
has duly ensued. The 'rousing adj
vance" remains to be seen.
from his fortnight's visit with President
elect Hoover in Florida Among the
trophies of his trip, the future journal
istic power-behind-the- brought
home with him a sailfish, measuring 6
feet 10 inches, which he deposes and
says he personally hooked. When Sui
Ivan told colleague that he's going to
have the souvenir of his piscator1ai
prowess stuffed, mounted and hung in
his home on Wyoming avenue, the col
league sprang story long classic in
the famous Sports Club OF London.
Above the grand staircase of that estab-
lishment in st. James Square hangs a
massive fish in glass case. Once upon
&s.~>N - txNcxy n1t q ~ F1akinU
heavy weather in an attempt to climb
the stairs, looked up at the glass case,
and gurgled, THE fellow who caught
that fish Is a id liar!" In Sullivan's
case, there's perfect alibi, two Of 'en1,
In fact: President-elect and q Supreme
Court justice.
President Coolidge is losing no op-
portunity during these fading days OF
his at the White House to take cracks
at things in Washington which enjoy
his displeasure. The Senate'S inter-
vention in the sale of the United States
Shipping Boards vessels gave the YER
monter his latest occasion to speak
out in meeting. 1t was Mr.. Coolidge's
expressed view that one of the reasons
why the Federal Government is more
than likely to make mess of things
whenever it tries to go into business
is that congressional Investigations are
an ever-present peril and affliction. The
President didn't say exactly that, but
it's what he meant. Coolidge never lets
off steam eXplosively. but the very
simplicity and brevity of his animadver-
sions leave nothing to the imagination.
X X X X
It is we'll within the range of pos
sibilitieS that three United States Sen
ators-all Democrats-who will leave
Office on March 4 will come back two
years hence. They are MeSsrS. Peter
Goelet Gerry of Rhode Island Thomas
F. Bayard of Delaware and Edward I.
Edwards of New Jersey. All three of
them, too, will probably enter the lists
against present Republican incumbents
respectively, Senators Jesse H. Met
calf, Daniel o. Hastings and Walter E.
Edge-who come up for reelection in
1880. The Democrats in question seem
persuaded that the next time they ask
their respective States for vote of
confidence it is less probable that it
will be denied them in non-preSi-
Dental year. In other words, Gerry,
Bayard and Edwards think they were
engulfed in che Hoover landslide. In
New Jersey an effort has long been in
progress to place as many State cleo
lions as possible in presidential years
The theory seems to be that the Re-
publicans would be the principal bene-
ficiaries of such a system.
r. X X
His colleagues and admirers in the
House genuinely regret the impending
retirement of Representative Meyer
Jacobstein, Democrat, of Rochester,
N. Y, who declined denomination last
year. DR.. Jacobstein is entert1ng private
business. He is already the proprietor of
big commercial college in Rochester
and is about to become the president of
the newly organized National Bank g.
Trust Co. of that thriving city. Though
he hailed from an industrial community,
Jacobstein ranked throughout his con-
gressional career as one OF the Houses
! real authorities on agriculture. For
several years he was professor of eco