Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-07

Nothing Intentionally political VIII De
! read into President Hoover'S plan TO
rescue the banking situation, but his
program is bound to react to his polit-
! ical advantage 1t will have that result
| il it merely robs the Democratic OPP
position of the argument that the ad-
ministration has done nothing to relieve
the depression. AS soon as the enthuSl-
asm over the moratorium died down
! last Summer, and the Democrats mad
recovered from the shock 1t dealt their
1882 hopes, they tainted the President
with lying awake nights helping Eu-
rope" without moving finger to help
the United States. Last nights mo-
mentous events at the White House
take a good deal OF the wind out OF
those particular Democratic sails. Town
/ and country are comprehended by the
Hoover scheme to ease the plight OF the
banks. Merchant. manufacturer, farmer,
OBSERVATION-DISCLOSURES who owes a
bank money, or wants 10, OF aHeaoy
has money on deposit In a Dank-
comes within its scope. Banks them
selves are the immediate and principal
beneficiaries. Nobody will ever know
how many of them might have failed
! to open their doors this week except Tor
the history made at No 1000 Pennsyl-
vania avenue on the hot night OF Oc-
| tober Z, A. D.
washington had to bark back to war
| time, IS and IA years ago, for a parallel
/ to the dramatic scenes around the Ex-
ecutive Mansion between 9 o'clock and
midnight. Throughout the intervening
hours it was besieged by an army OF
| newspaper men and news photographers.
The air was electric with expectancy OF
/ historic developments. Mystery was
heightened by the request at the mid
dav press conference that for once the
correspondents should forget they are
; reporters and remember they are cltl-
zens. They were urged to desist from
buttonholing the congressional leaders
As they emerged from the conference
and wait patiently-until this morning
for an official statement Of what hap
rened. Time and morning papers wait
! for no man, not even the President OF
the United States, so the news sleuths
assembled en- masse, determined to pry
! loose from Mr.. Hoover's visitors Wha.-
ever could be extorted.
Senator Tom Walsh, Democrat, of
Montana was the first one out, as the
| duskyhued guardians OF the Wnlte
| House portal swung 1t wide open just
| before the stroke of IL, indicating that
the great council of war was over. The
news pack closed in on Walsh like
foot bah team in a huddle. 1t was
he who first made known that, con-
trary to earlier announcement the
President would issue a statement at
once, instead of this morning. Pending
its appearance, quoth Walsh, he 49,
say nothing. Then, in pairs. or VIC
by one, other conferees appeared
watson of Indiana, Robinson of Ar
kansas. Borah of Idaho, Vandenberg
of Michigan. Harrison of Mississippi,
Glass of Virginia, House Leader Tilson
of Connecticut and Minority Leader
Garner of Texas, Treadwsy of Massa-
chusetts and .Bacharach of New Jersey
who may succeed Morrow in the
Senate) and the rest of them. AS they
filed out camera flashlights exploded
like bombs. It wasn't until Senator
Bob Wagner, Democrat. of New York
turned up that the news-hungry scribes
learned what it was all about. In half
q dozen clear-cut sentences Wagner
summarized the whole picture.
Two correspondents who kept the
nocturnal vigil at the White House were
Paul Scheffer of the Berliner Tageblatt
and Kurt Sell CT the official Wolff Ger
Hoover had said that mainly domestic"
affairs would be talked about at the
conference, everybody was sure that the
moratorium, in one form or neither,
would be discussed. And so it was. From
the standpoint of Herren Scheffer and
Sell, the high spot of the night was
the disclosure that Mr.. Hoover will take
I'D with Premier Laval such further
arrangements as are imperative during
the period Of the depression IN respect
of intergovernmental debts" In plain