Evening star., 1931-06-16
HOOVER CONFIDENT
OF BETTER TIMES
Indiana G. 0. P. Editors Told
Signs of Improvement and
Need for Confidence.
By J. RUSSELL YOUNG.
star Correspondent Of The star.

O speech delivered 1ast night before
huge gathering at the annual banquet
Of the Indiana Republican Editors
Association. President Hoover expressed
absolute confidence in the successful
outcome Of the present business depres-
SION and at the same time made the
prediction that when the storm has
passed this Nation Is in store for q
greater and more wholesome prosperity
than 1t has ever known.
While there was most optimistic
ring to the Presidents utterances on
this occasion he did not make the dec
laration that the worst Of the crisis Is
over. But he conveyed the impression
that that Is his own belief and the
belief of many others. And, II that be
true, the President said the future
months will not be difficult. II the end
Is not yet in sight and more Of this
depression period must be endured,
then the American people must gird
themselves to steadfast effort, he
warned.
There was no mistaking Mr.. Hoover's
confidence. It was plainly evident by
his words of assurance that he is hop
ing to see more Of this confidence
among the people Of the country. AS
an inspiration in this respect he re-
minded his auditors that every one
should have full faith and confidence
in these might resources and spiritual
forces which have impelled this Ma
ton to q success which he declared had
never been known in the history OF
the world.
Spiritual Forces Stronger.
In a further attempt to promote q
great feeling of confidence Mr.. Hoover
gave assurance that these forces are
far from being impaired as result OF
this crisis and that they were never
stronger than at this moment.
BY this intimate and optimistic dis
cussion of the business depression,
which In his own opinion Is the most
dominant subject before the country
and the world today. Mr.. Hoover Is ex-
pected by many who heard him lasS
night to succeed in creating more
hopeful spirit and a greater feeling OF
confidence in the ultimate outcome.
This utterance is expected to rank
among the most important speeches he
has made since becoming President. 1t
Is believed doubtful If he will utter any
thing of greater significance during the
remainder of the year. or at least until
the next national campaign.
In his opening remarks, which were
not incorporated in his set speech. Mr.
Hoover expressed his appreciation Of
the reception accorded him by the peo-
pie of Indiana; expressed his pleasure
at meeting the Indiana Republican
editors and reminded them Of their
responsibilities as mo.ders and In
terpreters of public opinion In their
communities; emphasized the impor-
tance of organized political parties; and
paid a tribute to 1ndiana'S congress
sional delegation.
without organized political parties
striving to serve the best interests Of
the American people," Mr.. Hoover said,
I'VE would descend into political an
archy and be torn into political factions
representing selfish sectional and group
minorities. The purpose Of party or
ganization must be to promote the ma
tional welfare. Nothing Is more certain
than good government in good politics"
Heard by Millions.
This vitally important message Of the
President to the people Of the land was
not only heard before the more than
5000 men and women attending the
editors banquet and the several thou
sand others who heard him on the out
side of the building through the medium
Of amplifiers, but millions of others
throughout the land heard him over
coast-to-coast radio hook-up.
The banquet was held in the huge
Manufacturers Building, at the Indiana
the city. The seating Of 5000 persons
at one banquet was indeed an impress
sive sight. Amplifiers made the Presi-
dents voice clearly audible. This great
sight, along with the enthusiastic man
ner in which he and Mrs. Hoover were
welcomed, contributed much to the
Presidents enjoyment and interest. Be-
sides, the feature course Of the dinner
itself was one especially to his liking
fried chicken with cream gravy. Paul
r. Bausman, president Of the editors
association, presided. Among the guests
were many men prominent in the polit-
ical and social life of the State, among
them being Gov. Harry G. Leslie and
Mrs. Leslie, at whose home here the
President and Mrs. Hoover were over
night guests.
After admitting that times have been
bad. the President gave the reminder
that If the country Is to proceed with
sanity the people must not look only
"at the empty hole in the middle Of the
doughnut." Instead the people must
bear in mind the marvellous resources in
land, mines. mills, man power, brain
power and courage in this country, Mr..
Hoover said. He recalled that despite
the depression and its subsequent drop
in trade and employment, more than 95
per cent of the families Of the United
States have either an income or
breadW1nner employed.
Mr.. Hoover took occasion to an
swer those Of his critics who have
claimed that he and the Government
have not done all that could be done
to meet the situation. All sorts of
suggestions Of ways to meet the problem
have been made, he said. Many Of these
were sound and helpful, but others were
theoretical panaceas, which, according
to him, would inevitably delay recovery
Some timid people, he added. had actu-
ally lost faith in the American system
and demanded abrupt and positive
change, while others have seized the
opportunity to agitate for the adoption
of economic patent medicines from for
eign lands, while still others have con-
fidence by some legerdemain we can
legislate ourselves out Of worldwide
depression.
In the words of Mr.. Hoover, it would
be as easy to legislate our way out of
this depression as 1t would be to exor-
else a Caribbean hurricane by statutory
law.
It was easy to be seen by Mr. Hoover'S
discussion that he not only visions clear
skies ahead but that he can put his
finger on the evils md weak spots of
the economic systems of this country,
and that he. already has planned for
their correction and remedy He not
only said great lesson will be learned
from this depression. but he took pains
to explain what the lesson has been and
to say what can be gained from the ex-
perience. First of all, he believes there
will emerge not only a greatly sobered
and efficient economic system than was
possessed In this country two years ago,
but q greater knowledge Of It's weak
nesses as well as greater intelligence
IN corresting them
In conclusion, Mr. Hoover declared
that the future welfere Of the country
depends upon the continuation Of the