The Waterbury Democrat., 1933-02-14
BY RAYMOND CHAPTER { United Press Staff Correspondent

tUn'ted Press StAw COrreapOndcnt)
 New York. Feb 14--(UP)- President Hoover wont back to Washington and tho White House today for his seventeen remaining days In office, leaving his party a clear-cut policy on war debts and monetary stability but disappoint- ing followers who had hoped for m open bid for tho retention of party leadership.
 MT Hoover, In what was widely horalded as his farewell address" called for international eo.opera- ton for economic revival, with pos- slble use of war debt payments to tho United States as a fund to aid central banks in stabil!zing curren. cies on gold basis.
 Ho derided tho contention that tho war dcbts in themselves arc tho dominant factor in tho world do. prossion, and made clear a belief that if Europe expects concessions on tho debts, her nations must co- operate in stabiIizing curreneics and otherwise acting for economic betterment.
 He spoke before tho Lincoln day dinner of tho National Republican club.
 Tho world, he said, should try to And "plaee for silver, at least In enlarged subsidiary coinage"
 But though his audience foi- lowed his comments on intorna. he turned briefly to party matters that tho 1,60o republican listeners displayed their greatest interest. Some party leaders thought Mir Hoover might have sensational answer to reports of movement to ungc1t his supporters in the party organization, and replace thom with old guard party leaders who were never sympathetic with Mr Hoover.
 Tho president referred to his do. feat last November, and predicted that the republican party would Do returned to power.
 "An organization that can show more than ib,000,000 adherents after seventy years--an irredueibl0 minimum In tho reaction from tho worst depression the world has over seen--is indeed testimony to tho viriiity of tho principles Lin coin enunciated," Do said.
 "The republican party will sap. port the new administration in every manner which will promote public welfare. ft n1nbt and VIII Dc v!silant in opposins those which arc harmful"
 Loaders of both parties were 'o.' Iuetant to discuss tho political part of the speech was quotations, but privately many interpreted it as .n. dicating Mr Hoover was ready to fight to maintain party leadership. others, however, felt nc had on. deavored to avoid any statement that could Do interpreted, .as an aps peal to any faction of tho party against any other faction.
 Tn hts Lincoln day address, President Hoover said in partI
 "ft ls q pleasure for mo to ads dress you upon the day when this club and our e0untrymen of all faiths throughout tho land are Abraham Lincoln. We tonight also tho republican party and the in. spirer Of its ideals. He, moro than any other man, created tho living, yiriie organization which has given responsible interpretation of those ideals to our people in each sue. eseding generation. An organiga- ton that can show more than 1B,N 000,00 adherents after 70 years is indeed testimony to the vlriiity Of the principles which Lincoln enun.
 Those principles, the fiber and the determination Of the party Fe. assure that t will Dc recalled to power by the American people.
 "The people determined the election. Those Of Us who believe in the most basic principle insisted upon by Abraham LineOin--the transeendent importance Of popu. isr government--heve no cofns piaint. We accept ard, ag Afners leans, will continue whoiG.hearts y to do our part in promoting the Weil-beiBg of tho country. our party can truly feel that we have held the faith; tkat we shaii do 90 in the future is our solemn re-
 "The Tepubiiean party wifi sup. port the new administration Co every measure which viii promote public welfare. ft must and will , bs vigila,t 2! M sn opposing those which
 "TuFther steps toward economic ree0yeFv is the urgent problem bes fore the entire WoFids