Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-06-14
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ence table, gave their pledge that there
would be no industrial wage disturb
ances.
Had Herbert Hoover accomplished no
more in this depression he would have
done more than all of the other Presi-
dents had done in the IA major eco
nomic dislocations which have gone
before
But our President planned cam
paign to deal with the unprecedented
situation in which the world found it
self in the back-wash of the greatest
of wars.
Attention Given JobIess.
With financial panic averted, with in
dustrial peace assured, the Chief Execu-
tive moved rapidly to mitigate unem-
ployment distress.
However, no action Of government or
of people could stay the march Of the
insidious enemy within our gates. Un-
employment and suffering were inevita-
BILE. To relieve this to the fullest pos
sible measure, the President set up in
Washington National Unemployment
Committee to cooperate with the States
both in finding employment and IN re-
lieving the needy.
There was a generous response from
every State. and with the cooperation
of the people the President was able to
resist rising clamors for Fedora! dole.
Contrast this picture Of stable So
cial order. the people united in aid to
their less fortunate fellows, with the
chaos in many countries abroad. There
revolution followed revolution. Govern
ment after government fell. Battle and
bloodshed became an almost everyday
occurrence.
This was the foreign situation only a
if the international financial structure
was to be preserved Herbert Hoover
took that action. He proposed and the
other powers quickly agreed to one.
year moratorium on reparations and
war debts. Germany was saved from
financial chaos that would have in
volved the entire world.
With this catastrophe averted, the
President continued to wage the battle
against depression on a hundred fronts
in the United States.
Before Congress assembled last De-
cember President Hoover prepared Tor
it the most far-reaching rehabilitation
and reconstruction program that has
ever been designed by any leader In any
country under any circumstance.
Finance Corporation Created.
Foremost in this plan was the crea-
ton of the Reconstruction Finance Cor
poration with reserves of two and a
half billions of dollars to furnish neceS-
sary credit otherwise unattainable.
As Herbert Hoover poured out his
tremendous energies and abilities upon
the altar of public service and the vel
fare of all Of the people, what OF the
Democratic opposition?
For two long years they hampered
the President at every turn. Through q
highly subsidized press bureau, Demo.
cratic leaders, Democratic Senators and
Democratic Representatives sought to
diStort his every word, to belittle his
every effort at human and economic re-
lief. to impugn his every motive, to frus-
trate his every move. Their orders were
to smear Hoover"
Upon his shoulders the anvil chorus
of Democracy placed the responsibility
for every ill at home and abroad.
AS might have been expected. they
overplayed their hand With the Nation
threatened by its greatest economic
crisis, people demanded that partisan
politics be submerged in the general
welfare. Having no program Of their
own. they naturally and wisely followed