The Hoover Week

Last week President Hoover held a reception in his Cabinet Room for the staff of seven-weeks-old Reconstruction Finance Corp. General Dawes, R. F. C. president, explained: "These people . . . have been sitting up until 2 a. m. and later, to get the corporation's difficulties straightened out and its operation perfected." For each worker the President had a handshake and a word of thanks. During its operation, R. F. C. has authorized loans totaling $183,000,000, divided as follows: Agriculture $75,000,000; financial institutions, $61,800,000; railroads, $47,000,000. Only a little over $87,000,000, however, had been advanced from the Treasury.

P: Calling at the White House, Charles R. Abbott, executive director of the American Institute of Steel Construction, told the President: "Politically you are becoming stronger and stronger every day." Billie Dove, cinemactress (Cock o' the Air), also visited Mr. Hoover, told him he "looked well."

P: President Hoover signed a bill directing the War Department to purchase its supplies within the U. S. even when they cost a bit more than abroad. The Department has lately been charged with using Russian matches.

P: The Railway Labor Act was invoked by President Hoover in a proclamation to settle a wage dispute on the Louisiana & Arkansas R. R. and the Louisiana, Arkansas & Texas R. R. Harvey Couch, one of President Hoover's R. F. C. directors, is president of the Louisiana & Arkansas, whose employes objected to a 15% wage cut. To a special board of settlement President Hoover appointed Chief Justice Walter P. Stacy of the North Carolina Supreme Court, Justice Julian H. Moore of the Colorado Supreme Court and Dr. Davis R. Dewey of Massachusetts Institute of Technology.

P: With President Hoover's approval 14 carloads of Government-owned wheat rumbled out of Omaha for South Dakota --first batch of 5,000,000 bu. to be distributed there free to the needy by the Red Cross. The railroads handled the consignment gratis. Drought and grasshoppers necessitated this Federal relief.

P: Senators Barbour and Kean of New Jersey informed President Hoover that their State's G. O. P. endorsed his renomination but demanded a Prohibition repeal plank in the national platform. President Hoover was silent. Washington is now completely satisfied that he will run again this year as a Dry.

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