Evening star., 1933-05-01

Amid the encircling gloOm-or joys
(you pay your deprecated money and
you take your choice) it has escaped
general notice that President Roosevelt
in addition to having become monetary
dictator, will have the Opportunity dur
ing his term Of office practically OF re-
constituting the Federal Reserve Board.
Only one of its four now occupied mem
berShips (there are two unhlled vacan-
cies) runs beyond 1886. Gov. Eugene
Meyer who has resigned. was appointed
to serve until August, 1888. DR.. Adolph
c. Miller reported as Meyers probable
successor. is filling term which tx
uires in August. 1884. Charles S. Ham
lin was re-appointed by President Cool
idge for a term ending in August, l936
George r. James IS the only pr, stnt
member Of the board whose commission
would outstrip even two Rocseftit
terms, as his term is not up until April
l94l. President Hoover did not APP
point q successor to Roy A. Young, VINO
resigned TO become governor VI ths
Federal Reserve bank at Boston. ana
VINO was serving term expiring III
April, 1888. When named. the successor
will serve until 1912. The so-called
dirt farmer membership. which Presl-
dent Hoover save to Wayland M. Masee'
carried a term that wound up in Janu-
ary,- 1888 Mr. Magee failed Of con-
frmation in the Senate. When PreSl-
cent Roc sew 1t names his successor. the
latter will hold office until l943. Messrs.
/ Hamlin and Miller are cO-deanS OF the
| Federal Reserve Board. both having
come on when it was created in 1914.
Even in politics. he who laughs last
lauxhs best. At any rate. that's what
that eminent Hoover lame duck, BAT
rick J. Hurley, late Secretary OF War
thinks ahout current events. Pat was
the parSonal talset Of q devastating al
tack by Senator Carter Glass III the
Virginian's now immortal pre-electlon
radio address uf November !, l932. ms
try, with all the eloquent snarl OF
WHICH he alone is capable:
In this connection, the newSpa-
pers report that Secretary of War
Hurley has openly proclaimed from
the public rastrum that SHOULD the
Democratic party succeed at the No
yember election the United States
will be driven of the gold stand
ard" Fur the sake of decency, it
must be hoped that Mr.. Hurley did
not say that. II he did say 1t. he
was guilty Of dangerous calumny.
II he said it he is totally unfit for
official responsibility. and the Pres.
, ident should have booted him out OF
| Office before breakfast time of the
| following day. Indecency. even In
political campaign, has its lim-
| itations This alleged declaration.
| if made by this strutting trumpeter
| of the President. was not tar snort
of treason to the country.
| The "strutting trumpeter" is holding
forth today in Senator Glass own
I. liam and Mary, on hThe Constitution
and Capitalization of Government
Doubtless it's in accord with the eter-
nal htnsss Of things remembering what
| happened at Chicago last July, but at
any rate ole william Gibbs McAd0o is
doing very we'll IN matters OF Roosevelt
patronage, thank yen. lie has Just
! effected the reconstruction In WASH
inston of his one-time Los Angeles law
firm Early in April the junior Senator
from California landed 9 former part
ner, John Dickinson, IN the assistant
seeretaryshjp of commerce. Last week
came the appointment of . SECOND for
mer McAdln law associate In Les An
gelas. j. F. T. O'Connor. as control
Ter of the currency. Having previously
landed his long time political lieuten-
snt, Daniel G. Roper, In the cabinet as
Secretary 81 Commerce. w. G.'s' hat
ting aysrage IN the new deal y noAnt-
ing breckenridge I.eliG OF Missouri
Just nomins ted as Ambassador to Italy
was formerly . pillar in the MeAdoa
church, too.
| i
Col. E. Alexander Powell. glohe-trot-
ter aAe aythaE, vhe neT Makee BY
hems n Washi1lteHs teAes Rsga q -