Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-08
REED SPEECH SEEN
STEP IN 1892 RACE
Ex-senator RakeS Prohibi-
ton, Cannon and Hoover
at SedaIia, Mo.

sEDALIA, Mo-, June Former
Senator James A. Reed tonight con-
v1nced Missouri Democratic leaders
that he was candidate for the preSi-
Dental nomination in 1882.
AS keynote speaker at q Statewide
Democratic rally, the former Senators
attack on prohibition, the Anti-Saloon
League and Bishop James Cannon, jr.,
from over the States that his candi-
dacy would embrace a wet platform.
Before Reed spoke, John T. Barker,
city counselor of Kansas City, and for
mer attorney general of Missouri, had
said from the same platform, 1T Is
not beyond the realm of possibility"
that the former fiery Senate leader will
be nominated and elected President"
Barker referred to Reed as "the great
est MiSsourian, If not, perhaps, the
greatest American" The statement
was roundly cheered.
Because of Barker'S close personal
and political association with Reed for
many years, observers said it was I'M
likely he would have advocated the
ex-senator for the presidency without
Reeds knowledge and approval.
Comment Is Withheld.
Reed, in his address, offered no COM
ment on Bankers statement. Neither
did he have anything to say regarding
q virtual Endorsement of his candidacy
by the Democratic Press Association OF
Missouri. The association said I'VE
welcome his return as q great Spokes-
man Of national Democracy"
A large crowd cheered Reed repeat
edly, especially when at the conclusion,
after aSsailing the London naval agree
ment, he shouted:
IT protest that the pacificist, whether
he be a Quaker or Briton, shall not
pull down the American flag"
Previously he had said the naval
treaty would reduce this country to a
secondary naval power" and charged
President Hoover, now as In the past,
was playing into the hands Of Great
Britain"
For 40 years, Reed declared, 1.-The Re
publican party has been the tool OF the
manufacturing and capitalistic inter-
ests. It built q tariff wall horse high,
hog tight and bull strong, thus forcing
the consumer to purchase almost ex-
cluSively from domestic manufacturers.
It permitted favored concerns to con-
solidate IS monopolieS and to extort
conscienceleSS prices. Thus by law and
monopoly q forced tribute has been
laid upon every man, woman anu
child"
Administration Ridiculed.
What of Mr.. Hoover?" he asked:
Mention his name and smile OF
mingled derision and pity follows. HIS
presidential achievements can be
written in ciphers. A mathematician
would describe him as q minus
quantity"
Republican oficials," he declared,
"have prostituted the Federal Reserve
to the service of the worst gambling nell
ever organized upon the earth. 1t has
been the facile tool Of the managers OF
the stock exchange. The money OF the
country was by high interest premiums
withdrawn from legitimate business
and useful industry and poured INTO
that insatiate NAV to give rotten
stocks fictitious values and unload them
upon millions of victims"
Assailing the Radio Corporation OF
America as a monopoly" Reed SAID
freedom of speech amounts to little
unless there IS freedom Of communl-
cation" He said he was happy to say"
the Department of Justice, in this
instance, has been aroused to activity"
Reed asserted "the exactions OF the
Mellon aluminium trust are so vast that
the infamies Of Teapot Dome ana Elk
Hills shrink into oblivion"