Evening star., 1932-07-22

To this observer comes the interest
ing. not to say sensational, report that
President Hoover has offered, or will
offer, the presidency Of the Reconstruc-
ton Finance Corporation to Alfred E,
Smith. The implications Of such an
appointment at this time would be enor-
! nous. As to its popularity in wide sec
tions Of the country. Republican as well
as Democratic. there would not be the
slightest doubt. As to Gov. Smiths
capacity for the Job recently filled bv
Gen. Dawes. there is equally small
question. Little that an incumbent
President running for reelection does
in midcampaign is devoid of political
bearing. so Mr. Hoovers offer of the
Reconstruction Finance Corporation
post to Smith would be inevitably inter-
preted as bid for the good will of Ais
supporters who have not yet come over
into the Roosevelt camp. The state
ment that the appointment is In the
wind originates in quarters which
strongly suggest that it has more than
vestipe of foundation. Gov. Smiths
friends asserted at Chicago that he
looks upon the management of the En-
pire State Building in New York as a
man-sised business and feels it up to
him to put Manhattan's tallest sky
scraper on a paying basis. where 1t isn't
yet. AL is still talked about, too, as the
next mayor Of the big city.
Many eyebrows in Washington were
raised this week by a news dispatch
from Dallas, stating that for so miles
east of the Texas metropolis Speaker
Gamers train was conveyed by a fleet
of nil nj
to be something wrong about that.
Over at the War Department, where
that perfectly good Republican. Secre-
tary Pat Hurley. is monarch of all he
surveys. including the Army Air Corps,
it is vehemently denied that Army air.
craft is ever used to convoy any poll
tician. Republican or Democrat. Near
Dallas is National Guard air unit.
which uses Army reserve ships. and its
possible that some of these. manned by
Mr.. Garner's fellow Texans. may have
done escort duty when he was welcomed
to native haunts.
Senator Henrik Shipstead of Minne-
sofa. Farmer Labor lone eagle Of the
United States Senate, observes with
satisfaction that the adjournment of
Congress produced neither a rally nor
apy other excitement in Wall Street
this week. Mr.. Shipstead has always
bitterly resented the popular belief that
business is good when Congress is in
adjournment. He particularly secuted
this years theory that depression would
vanish like an icicle in mid-July the
moment the recent session of House
and Senate wound up. The tall syca-
more from the gopher country will
not be surprised if the President finds
it necessary to reconvene Congress in
GO days to minister to urgent national
needs. Il hope not" says Senator
Shipstead. but 1 am prepared to be
disappointed"
X 4
President Harmodio Arias, President
Washington. Is a gentleman of slight
physique and notable intellectual at
tainments. For many years DR.. Arlss
has been the leading attorney of Pam
anna and is former member of the
National Congress. He is 46 years old
and was Provisional President for a
fortnight following the revolution in
January. 1881, which set up a reform
administration and recalled Minister
Ricardo ]. Alfaro from Washington to
assume the leadership Of the govern
ment. DR.. Arias was elected President
Alfaro's successor last month and will
take office October l. Just about the
time he was taking ship for New York
last week. 5000 Panamans marched
to the presidential palace in Panama