THE NEXT PRESIDENT

Evening Star, Issue 19891, 13 June 1928, Page 9

THE NEXT PRESIDENT

AMERICAN REPUBLICAN NOMINATION HR H. G. HOOVER'S SELECTION .INDICATED Pres* Association —By Telegraph—v Copyright. NEW YORK, June 12. (Received June 13, at 8.55 a.in.) A message from Kansas City states that at the opening session of the Republican National Convention to-day it was indicated that Mr Hoover would secure the Presidential noimination at an early ballot, after Mr Mellon formally announced Pennsylvania’s support. The victory of the Hoover forces, however, is not yet admitted by Mr Hoover’s opponents. Mr Butler (chairman of the Republican Party), as a delegate from Massachusetts, announced that his vote would be cast for Mr Hoover; but he stated that Mr Coolidgo did uot wish this ho be interpreted as the President expressing his preference for any candidate, though he himself did not desire nomination. The certain quietus, however, that this will put on the “Draf* Coolidgo” movement must definitely aid Mr Hoover, who is now as nearlty assured of nomination as anyone can be before the balloting actually begins. The Pennsylvania delegation, meeting in caucus, decided to cast its seventy-nine votes unanimously for Mr Hoover.

Senator ices (temporary chairman of tho convention) in n. keynote address was flamboyant in bis praise, of tlie Republican accomplishments vn office. In a tacit defence of Mr Goolidge's action respecting agricultural relief, be said: “None should doubt that the purpose of this party is to give this greatest of industries every consideration short of unsound proposals for tho Government stimulation of artificial remedies, which in the end may only add to onr problems.” He concluded with an amazingly adulatory commendation of Mr Coolidge, stating: “Ho leaves office by his own flat, which appears to bo final, and is so interpreted by many of bis friends, de.spite the fact that his nomination and election would be a foregone conclusion did ho not forbid it.”—Australian Press Association. WALL STREET REACTS PRICES BREAK SHARPLY. NEW YORK, Juno 12. (Received June 13, at 9.30 a.m.) Wall Street reacted promptly to tho apparent elimination of Air Coolidge ns a candidate for the Presidency when word reached tho Stock Exchange that the Republican loaders had decided on Mr Hoover. Prices of tho leading stocks, which previously had been regaining ground from yesterday’s drop, once more broke sharply. The commission houses reported the liquidation of orders pouring in from all parts of tho country.—Australian Press Association, RECORD SALES. NEW YORK, June 12. (Received June 13, at J 1 a.m.) The stock market sales passed the 5,000,000 mark for the first time in the history of tho New York Exchange. The tickers were still running at 4.15 p.m., setting a new record also in that respect.—Australian Press Association, (Received June 13, at 11.30 a.m.)

The stock sales totalled 5,109,700 shares. The tickers finally closed at 4.50 p.m.—Australian Press Association.

HO DEFINITE LEADERSHIP

AN ARTIFICIAL BUSINESS, NEW YORK, Juno 12. (Received Juno 13, at Ift.JO a.m.) It. is only too obvious that, the Bepublicans lacked definite and .strong leadership to _control the sentiments and personalities that were dissipating their strength. It was not until flic early hours of this, morning that something like unanimity was reached among the important loaders. President Coolidge in 1924 issued orders, and they wore obeyed, but there was nobody to take his place this time. All night long Mr Mellon’s headquarters, those of Senator Butler (ostensibly representing President Coolidgo), and those of Senator Smoot (who is entrusted with the preliminary draft of the platform) wore crowded with Hoover and anti-Hoover groups, each trying to make themselves heard. There was no one strong enough to issue a command that all would obey. At the convention itself twenty movie cameras arc trained on the speakers’ platform, and _ their activities contribute to the noise, if not to the readymade enthusiasm, of the ceremony. The atmosphere of the whole business is artificial, particularly if one remembers that the convention is not gathered to act on its spontaneous desires for either a candidate or a platform. The delegates arc merely waiting for orders from a handful of men who are at present away from the convention hall.

AA hen the balloting commences on Thursday or Frida}', and, the, delegates begin their snake dances with waving banners and noisy bands, they will have all the excitement for which they came to Kansas city.—Australian Press Association.