Evening star., 1932-04-27

NCOHLlnueQ from flTSt TdSe.J
dents visit tomorrow when they visit
the White House after a visit to Fred
ericksburg, Alexandria and Mount
Vernon.
Hoover Meets Opponents.
His visit here brought the Prest-
dent face to face with several OF the
outstanding Democratic candidates Tor
Mr.. Hoover's job, among them Gov
Franklin D. Roosevelt Of New YORK
and Gov. Albert Ritchie of Maryland
While awaiting the Presidents ar
rival, the States executives gathered
around the conference table to discuss
State problems.
Gov. Louis L. Emmerson OF Illinois
told the States executives that al
though he advocated the employment
of jobless men on construction projects,
he believed no State should increase
the public debt for on-essenttals.
His speech was made after Gov. Floyd
B. Olson of Minnesota had voiced a
ringing mo- to the question Of abolish
ing state banks. He said he saw in in
dividual banking units a protection
against economic imperialism, con-
trolled at the top by our big banking
interests"
State Banks Sound.
State banks. he asserted, "are as
sound as Federal banks if permitted to
compete on an equal basis" He added
that "the weakness Of the State bank
ing system may be removed by State
regulatory legislation"
He said that the action of the Fed
eral Reserve Board in demanding ex-
Hat a
property, and in refusing to renew farm
paper forced down the price OF farm
products by preventing the farmer from
holding his products because Of want
Of credit, and thereby causing q tre-
mendous surplus Of farm products to
be thrown upon the market"
Later Gov. Emmerson in his plea Tor
economy said he could "see no good
reason why the Government should be
immune to the necessity or the desir-
ability to economic. 1t should at least
restrain from extravagancies which no
business could tolerate and still keep
ahead Of the sheriff"
Pageant Planned Tonight.
Gov. Wilbur L. Cross of Connecticut
will be heard at the afternoon session
on Reduction Of Public Expenditures
in Connection With the Reduction Of
Taxes"
Tonight the Governors, whose pro-
gram has included Journeys to historic
shrtnes in connection with the Bicen-
tennial of Washington'S birth. will
gather in the mosque to laud the mem
ory of the Nations first President.
Gov. Roosevelt, who will be introduced
by Gov. Norman S. Case of Rhode
Island, will make the principal address.
Each OF the Governors will be intro
duced by Gov. John Garland Pollard
of Virginia, host to the conference.
After Introductory remarks by Lieut..
Gov. James H. Price of Virginia, the
Governors win witness pageant of
the convention of TITS.
Dinner Last Night.
National prohibition and the farm
situation were cited by Gov. Ritchie Of
Maryland last night as illustrations of
the impotence of excessive federalism
and a revelation of the limitations in
herent in decentralization"
He was the final speaker on the pro-
gram at a State dinner given executives
attending the conference.
by shifting too much power to
Washington" he said, I'VE have weak
ened those primal forces of self-help
and Of individual, community and State
initiative which builded this Nation and
carried 1t safely through every crisis.
These qualities and these alone can
carry us safely through this one."