U.S.A. PRESIDENCY

Hokitika Guardian, 8 November 1928, Page 5

U.S.A. PRESIDENCY

SMITH’S STATEM ENT.

United Press Association—By Electric Telegraph—Copyright).

(Received this day at 12.25. p.m.) NEW YORK, November 7.

Smith stated he was through with polities. He stated: •“ T certainly do not expect to run for public office again. 1 could not stand any more of it I have given the host years of my life to it and have no regrets” He added that he would continue his interest in public affairs, hut was definite in his statement that lie would never again he a candidate Tie said lie had not decided whether lie would enter into business. He looked hack on the presidential campaign without regrets and exhibited with apparent pride a telegram received from Mr Hoover, thanking him for his congratulatory message.

EFFECT ON STOCK NEW YORK. November 7

The sweeping Republican victory brought a landslide of orders into the stock market to-day from outside. Country orders for stocks thrown into the market at the opening were huge. Almost every stock listed advanced m price, some gaining from three to live points. Among special issues Ur ,mins reached eleven points. It was one of the broadest stock markets m the history of the exchange. Ihe machinery was taxed to the utmost, tickers running forty-three ".nines behind the market. The total sales were over <1,800.000.

A dry victory. ’ LONDON. Nov. 7. “T glorv in dry’s victory.” declared commenting on Hoovers election. “TlKsrc is not the tiniest chance of a wet candidate becoming President. The women of America are determined to make prohibition successful, lit may take fifty years but it will he