The Wilmington morning star., 1940-08-25
HOPKINS RESIGNS;
JONES IS NAMED
Continued From Page One)

dence, ster.-en T. Early, White
House secretary, said Louis John
son of West Virginia, recently re
signed assistant secretary OF war
was considering an offer to be
come undersecretary Of commerce
This place was recently vacated
by Edward j. Noble, Connection
Republican, who quit to campaign
for the election of Wendell L. Will
kie, Republican presidential can
didate.
Johnson resigned from the Lit
tie Cabinet" to permit secretary
of War Henry L. Stimson to name
his own assistant, Robert P. Fat
terson of New York. He rejected q
profile. ed appointment as an ao'
ministrative assistant to the presl'
dent.
Hopkins is the fifth to leave the
cabinet since shortly before the
July Democratic National conven-
ton. Harry H. Woodring and Chas'
Edison quit the war and Navy
posts, respectively, making it pos
sible for the president to name TWO
republicans-Stimson for War ana
Col. Frank Knox for Navy.
Postmaster General James A..
Farley resigned, effective at the
end of this month, to accept a
private business offer and Henry
A. Wallace resigned the Agrlcul'
ture secretaryship, effective Sept.
s., to campaign for the vice presl'
dency as Mr.. R~oosevelt's running
mate.
Claude r. Wickard Of Indiana
was confirmed yesterday as Wal
lace's successor. Frank c. Walker
of New York has been mentioned,
among others, for the postoffice
assignment.
Under date of Aug. %, Hopkins
wrote the president that the Eu-
ropean war made it necessary tor
the United States to build both
economically and militarlly for de-
tense, and added:
That you have resolved these
fundamental questions in your w
mind; that you are now leading the
nation in its gigantic effort to de-
fend itself,-is the surest guaran-
tee of peace for America" 2
He noted that the president asked
him to remain throughout the sum
mer in the hope he would COM
pletely his strength, but
he said this recovery had not been
fully accomplished"
Hopkins was Mr.. R~oosevelt's per
sonal representative at the Demo
cratic convention in Chicago and
had been credited with being a
leader in the 1888 administration
effort to defeat Democratic critics
Of the New Deal.
Accepting the resignation, tn
president wrote today that it was
possible only for you to break
the official ties that exist between
us-not the ties of friendship that
have endured so happily through
the years. l am accepting your
resignation, therefore, to take ef-
feet at a date to be determined
later and, I repeat, that this resig-
nation is accepted only in its Off
cial sense"
A Houston builder, f%inancier, and
newspaper publisher and real es'
tate operator, Jones entered the
Federal service in the Hoover ad-
ministration.
AS chairman of the Reconstruc-
ton Finance Corporation, he lent
over ten billions of dollars of gov
eminent money and has b e e 4
called the greatest money lender
in history" He takes pride in say
ing that these loans have shown a
profit.
When the president merged the
RFC with several other fedora
lending agencies in July, 1899, the
tall, White-haired Texan and friend
of. Vice President Garner was put
at the head of the combined agen-
cies as federal loan administra-
Tor. 2