Evening star., 1932-02-12

Americans generally feel that the
Hoover administration is better of be-
cause of the recent shifting OF leading
officials by which Secretary Andrew w.
Mellon goes from the Treasury to the
diplomatic post at London, Ogden
Mills is elevated to the chief Treasury
post, and Gen. Charles G. Dawes, for
mer Ambassador to England, becomes
head of the Finance Corporation. 1t is
believed that Mr.. Melons long expe-
rienca in finance admirably fits him to
deal with foreign relations, which now
tend to rest en- a basis of financial and
economic considerations. Full conf
Gence is expressed in the ability OF Mr..
Mills, who for a long time has been
intimately connected with the admin
istration of the Treasury as UnoerSec-
retary, to undertake the full direction
of that department. Gen. Dawes IS
credited with business acumen as well
as popular support in dealing with
present conditions.
President Hoover appears to be
shifting his key men about to take
care of important jobs, as the manage
ment Of a great private corporation
would do" thinks the Newark Evening
News: while the Sioux City journal,
advising that Uncle Sam need not
holds that his acquaintanceSnip IN
British governmental circles is extern
sive, and that fact will serve him well
in London" The Oklahoma City Okla
homan points out that ''at time when
the debtor nations are clamorlng for
readjustments and cancellation, 1t Is
altogether fitting that our country
should be represented in London by one
whose knowledge of world finance is so
profound and accurate"
THE London post" according to the
Nashville Banner, gives him an oppor-
tunity to round off his part in public
life under favorable auspices, always
suppocmg he handles the duties there
In the capable manner one has every
right to expect of him" The Banner
recalls that "he made apparently sue
cessful contacts with foreign govern
ments last year" The Schenectady
Gazette, observing that Mr.. Mellcn has
warm friends and determined enemies.
concludes that they will admit freely
that he is we'll qualified to represent us
there during these trying days. when 1t
is of greater Importance than ever 10
have capable spokesmen."
That "his equipment is such as should
make his service at London dlStln-
guished' is the feeling of the Buffalo
Evening News, while the New York Sun
offers the general appraisal of his po-
sition before the country: Mr.. Mellon
may leave the Treasury, but his works
will stay. His public utterances on tax
alton will remain, in soundness and
clearness unapproached by any other
economist of his time. It augurs well
for Ogden L. Mills, who will succeed
him, that he has been with Andrew w.
Mellon so long. Mr.. Mills own first
class grasp of national finance must
have been improved by his association
with the old mister"
THE net effect of the transfers" in
the opinion of the Spokane Spokesman
Review, lis a strengthening OF the
Hoover administration at home and
abroad. Dawes is called back Tt6In
London to direct the stupendouS oper-
ations of the $4,000. .000. 900 Reconstruc-
tion Finance Corporation. Mr.. Mellon
is transferred to London to represent
the administration in the critical situ-
alton facing all countries in their in
ternational relations and Undersecre-
tary Mills is given merited promotion u
After all is said" remarks the
Lynchburg News, 1.-The fact remains
that Mr.. Mellon will make better Am
bassador than the country might have
expected President Hoover to select. He
has not been the greatest Secretary OF
the Treasury since Alexander Hamil-
ton. He hasn't measured up to the eu-
lcgies his friends have heaped upon him
in embarrassing quantity and quality
Yet he Is financier of ability, he has
had experience in public office, he has
acted as negotiator, he has had con-
facts, with representatives Of foreign
nations and he is thoroughly acquainted
with some of the Important questions
that will hd2discuSsed between Great
Britain and the United States"