The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-08-04
HOOVER DESERVES ENDORSEMENT OF
HIS COUNTRYMEN

William Allen White, editor of the Emporia
Gazette zand nationally known political writer,
surveys the legislative program of President
Hoover with the conclusion that the Presi-
dent has demonstrated a leadership unmatch-
ed in American history. America" he
writes, "has had no other President who has
done in eight months such Herculean work
for the salvation of his country as Herbert
Hoover has done since December, 1881"
Mr.. Whites editorial in his Kansas paper fol-
lows:
The passage of the home loan bill yesterday COM
pletes President Hoovers program for financial sta
bization. This program is the Presidents own pro-
gram
He and his advisers, in and out of government
early last year decided that this depression was part
of worldwide phase of after-war readjustment in
civilization. The destruction of men and the ami
hilation of property in the war, followed by wildly
European boundaries, and the wars devastation in
the hearts and morals of men created condi tons
which made a crash inevitable the whole of
Christendon.
So the depression came through Europe and
North and South America, and stirred up anarchy
and unrest in the Far East. To the President it
seemed that American was losing credit faster than
she was losing anything else There was an incident
al drain of gold but the loss of credit to the Pre,
dent, seemed to be stagnat1ng America So he built
his program upon the thesis that if credit could
reestabshed the calamity that threatened could be
averted; otherwise were faced with long series
of bank failures which would surely crash into panic
and bring down the possible collapse and paralysis
of American commercial life
To Rescue of Banks
Last summer under his direction great corpora
ton was hastily formed outside of government, but
with government approval, to rescue mmediatey-cer-
tain great eastern financial concerns These con-
Germs had western correspondents down to the small
est American town. The crash of these big concerns
would inevitably pull down thousands of American
banks AS temporary measure, the extra govern
ment organization of the bankers was successful
Calamity temporarily averted.
Then came Congress, and Immediately the Presi-
dent set out to secure the adoption of the Recon-
struction Finance Corporation, the greatest fiscal
measure ever adopted by any government in all
times. He was of course, opposed by those who
disagreed with his plans but he and he won
without storm and clamor. He by insistence
to members of Congress upon the terrific need of
something to bolster the totterng banking system of
the United States If he had failed not bank in
America would be open today, and our commercial
system would be paralyzed. Railroads would be in
receiverships insurance companies, the reliance of
millions, would be in default. Such tragedy would
be written in the pages of history
recorded before.
Hard Fight Over Taxes
When bank failures were checked the President
turned his attention to a tax measure which should
raise the necessary revenue to balance the budget.
Again he encountered a long hard fight Here again
his quiet gentlemany insstence upon the sheer right
of the question The measure is not perfect
1t contains many flaws It is human document not
divnely inspired But it is the best that Congress
could pass under any leadership, moreover, it is
credit to the Presidents leadership that
and weaknesses did not creep into the measure.
The economy bill came next And there the Pres-
dents leadership again triumphed In the inevitable
clash of parliamentary government opinions honestly
differ and there is right and wrong clearly, log
ically, incontrovertibly defined. Men move not in
the black of wrong the white of right but in the
gray of compromise And in the compromise of
government, necessary to pass the economy measure
the Presidents leadership always commanded the
forces that were striving even blindly Onward the
desired ed the reduction of federal taxes to meet
the defation of the American pocketbook.
Program Is Completed
Last night the Senate passed the bill for emer~
gency relief which goes to the President Immediately
That and the home loan bill completed an 8-month
program, program under the leadership Of man
who today after the Smonth valiant struggle has
right to be called strong. He has more than
any other President ever won in any other eight
months in the history Of this nation. He has won