HOOVER’S POLICY

Hokitika Guardian, 13 October 1932, Page 5

HOOVER’S POLICY

U.S.A. ELECTION CAMPAIGN. MAIDEN SPEECH BY COOLIDGE, (United Press Association— By Electric Telegraph—Copyright.) NEW YORK, October 11. Opening a final intensive drive for President Hoover’s re-election, exP resident Coolidge made his first and probably his only, campaign speech at Madison Square Garden, New York, tonight. He stressed as sound and conservative the policies of the President’s administration, and said he protected the value of the dollar and the inflation measures. I He scored off Governor Rooseve.t s ( failure to take up a gold standard; against the Democrats’ definite position agains t the payment of 2,300 miU'on dollars for the soldiers’ bonus. He also defended Mr Hoover’s financial relief of corporations, banks, and insurance companies as being all designed I to relieve «conomic distress of the common people. SENATOR BORAH’S POLICY. BURLEY (Idaho), October 12. Senator Borah, who is taking a non-' partisan stand in th e Presidential election, outlined a four-point programme for an economic recovery, namely an adjust menthol the world war problems,; an expansion of currency, the elimination of extravagance in government, and the adjustment of privat e . debts to conform to the change in money values.