RECORD VOTE.

Gisborne Times, Volume LXVIII, Issue 10739, 9 November 1928, Page 5

RECORD VOTE.

IN PRESIDENTIAL ELECTION.

HOOVER’S VICTORY AFFECTS

.WALL STREET.

RISE IN STOCKS,

GOVERNOR SMITH THROUGH WITH POLITICS

United Press Assn, by El. Tel. Copyright Australian Press Assn.—United Service

NEW YORK, Nov. 7

Latest returns show that Mr. Hoover will probably obtain a record, vote. He is already assured of 404 electoral college votes against Governor Smith’s 69, and! with 58. still doubtful he is virtually certain to obtain part and beat President Harding’s record, but by a strange paradox Governor Smith polled the greatest popular vote ever recorded for any Democrat, the latest figures giving:— Hoover 13,100,209 Smith ...'. 9,984,978 Other States now safely in the Republicans’ hands include Virginia, 12 electoral votes, and 18,000 majority; Arizona, three votes, 5000 majority; Florida, six votes, .10,000 majority; Nevada,- three votes, 1200 majority; North Dakota, five votes,, 12,000 majority.' . The loss of Florida and Virginia is a severe, blow to the Democrats. Other sources of anxiety to the Democrats are North Carolina and Texas, the latter having 20 electoral votes* Both States are at present classed doubtful, despite the fact that North Carolina was previously practically conceded to Governor Smith. He still leads, though not yet by a safe margin, but Mr Hoover is ahead in Texas, and with four votes, which at first was also- in the doubtful States of Utah, thought to be his, and Montana, with four votes.

Alternatively, Governor Smith is now practically assured of Massachusetts, with 18 votes. A redeeming feature of Governor Smith’s loss of New York State is that the remainder of the Democratic ticket appears to have been victorious. Mr Franklin Roosevelt being assured of Governorship and Senator Copeland defeating the former Ambassador, Mr Houghton, for the Senatorship. There was a, spectacular rally on Wall Street in response to the election of Mr. Hoover. Almost all active stocks opened to-day at one to nine dollars per share higher. The returns indicate that the Republicans control both the Senate and House. Besides holding the 13 Republican Senate seats at stake on Tuesday, they captured six from the Democrats. The majority in the House has also been substantially increased.

The sweeping Republican victory brought a landslide of orders into the stock market to-day from the entire country. The orders for stock thrown into the market at the open- ' ing were huge, and almost every stock listed an advance in price, some gaining from three to five point.? l . Among special issues the gains reached 11 points. It is one of the broadest stock markets in the history of the Exchange. The machinery. was taxed to the utmost, the tickers running 43 minutes behind the market. Sales totalled over 4,809,000. NEW YORK, Nov. 7. At noon Mr Hoover had secured 444 electoral votes and Governor Smith 87, the latter winning Alabama, Arkansas, Louisiana. Georgia; Massachusetts, Mississippi, Rhode Island, and South Carolina. The returns are incomplete, and there possibly will be changes. Governor Smith stated that he was through with politics. He added: “I certainly do not expect to run for public office again. I have given the best years of my life to ■it and have no regrets.” He stated that he would continue big interest in public affairs, but was definite in stating that he would never again be a candidate. He said he had not decided whether he would enter into business. He looked back on the Presidential campaign without regrets, and exhibited with apparent pride a telegram received from Mr Hoover thanking him for his congratulatory message. MESSAGE TO THE PEOPLE “TEST OF SOLEMN RESPONSIBILITY” CnPed Press As»n by El. Tel. CopyriEbi (Australian Press Assn.) (Received Nov. 8. 9.55 p.m.) 'NEW YORK, Nov. 7. Definite returns show that Governor Smith won Alabama, Arkansas, Georgia, -Massachussetts, Mississippi, Rhode Island and South Carolina. A message from Palo Alto contains the following statement by Mr Hoover:” The election is a vindication of great issues and a determination of the true road to progress.” Ho appealed for co-operation of all the country’s leaders as “the only way to succeed in that office. I can make no adequate expression of my gratitude for tho overwhelming confidence of our people. The Republican party has again been invested with great responsibility. In this hour, ffaerQ, can be no feeling of victory or exultation, rather it imposes a test of solemn responsibility and complete dependence upon Divine guidance.”

The message states that the new President will probably remain in California for a month, resting and making no public addresses. He said time was based on thory, rather than that any report as to the determinatime was based on theory, rather than fact.

WASHINGTON, Nov. 7. Mr Coolidge telegraphed Mr Hocver expressing satisfaction at the election and an endorsement of the President’s jadrrti lustration. "With this endorsement”, he said. "I can now repair from office in contentment.”

LONDON PRESS COMMENT. HOOVER’S GREAT QUALIFICATIONS. LPROGRESSIVE GOVERNMENT PREDICTED. United Preap Asb». by El- Tel. Copyright (Australian Press Afi&n.) Nov. 8, 5.5 p.m.l LONDON, Nov.'7. AH the* newspapers publish editorials" on the. United States Presidency elections. Elaborate trans-Atlantic cable and wireless arrangements enabled the results to be rushed. The Daily ’Chronicle soys: "Though Sir Hoover based his appeal on the ground that in a completely prosperous country it would be hotter not to change the Government, lie is not the man to sit idle and refrain from the initiation of new courses. As far as foreign affairs go he has solid knowledge and personal experience "beyond all previous Presidents. Perhaps nothing matters more than that.” The Daily Express states: “With' a united party behind him, millions of women anxious to register votes anti-drink, anti-Catholic, and antiBowery, Mr Hoover was ju velvet from the start. Governor Smith made a dramatic and forceful fight, and might have won in a country like England, tolerant, distrustful of extremes; and with few sectarian prejudices, 'f he had won wo could have welcomed him without reservation, but Ave are equally free to congratulate Mr Hoover, ivho lias firsthand knowledge of European affairs. No previous President has equalled this. There is some guarantee that he Avill approach world politics with, at least ft semi-international mind;”

LABOR’S HOPES OF SOCIALIST GOVERNMENT. Tho Daily Herald says: “Why should the average American defeat a Republican and elect a Democratic Government ? Tho difference between them i.s as negligible as between Tweedledum and Tweedledee. The “fake” party system has prevented the development of genuine lines. If the cleavage, as is not improbable, destroys the Democratic party, it will permit the real Democratic and social issues to assert themselves, and-result in a struggle about things that matter, which will be the first step towards a Socialist Government of the United States ” “T GLORY TN A ‘DRY’ ELECTION ” LADY ASTOR’g COMMENT ON HOOVER’S VICTORY. United Press Assn. by El. Tel. Oopyrighi Australian Pres* Assn. —United Servioi LONDON, Nov. 7. “I glory in the ‘Dry’ victory,” declares’ Lady Astor, commenting on Mr Hoover’s election. “There is not the tiniest chance of a ‘Wet’ candidate becoming the President. The women of America are determined to make prohibition successful. It may take 50 years-but it will be done.-’-’-(PreßS Association.) WELLINGTON, Nov. 8. Mr Ernest H. Cherrington, general secretary of the World League Against Alcoholism, cables the New Zealand Alliance as follows: “Smith, America’s greatest opponent to prohibition, defeated; getting fewer electoral votes than any Democratic candidate for 70 years. Prohibition has been overwhelmingly sustained.”

The Wanganui-Taranaki Methodist Synod, sitting in Wanganui yesterday, passed the following resolution : “Synod records its deep gratitude for the tremendous victory gained in the United States in Mr Hoover’s election to the Presidency by such an overwhelming majority. Synod sees an unprecedented triumph lormoral forces, especially for the groat cause of prohibition. It regards the results of the election as a challenging reply to the iniquitous and false propaganda of the liquor party and a stirring incentive to the movement in New Zealand.” —P.A.

’ AMERICAN EDITORIAL COMMENT REASON FOR HOOVER’S SMASHING VICTORY ANTI-CATHOLICISM AND PROHIBITION United Press Assn, by El. Tel. Copyrlebi (Australian Press Assn.) (Received Nov. 8, 7.50 p.m.) NEW YORK, Nov. 8. From the wealth of _ nation-wide editorial comment explaining Governor Smith’s defeat, a leader in the “Wheeling Register” (West Virginia) is one of the most interesting. It says: “Mr Hoover’s smashing victory places the country on record as opposed to a Catholic President and favoring prohibition, as if no other issues counted. With a wedge driven deep into the heretofore impregnable South, the future of the Democratic party is doubtful and dark* Farmers of the West are too imbued with Republicanism to give up hope of agrarian strength. The East is to.o self-satisfied to bother with minority parties. The possibility of a Republican party split, and a "new party with new issues and new principles constitute the outstanding hope of the dissatisfied element oi the population.”

EFFECT OF SMITH'S DEFEAT

MAINTENANCE OF PROHIBITION

A despatch from Washington to the New York Times Times states: ■’The consensus of opinion lierr. seems to be that Governor Smith's defeat assures the maintenance of prohibition ’ as a national policy for many years to come. This, at least, is the View expressed by the leaders of the “dry” groups and is shared to some extent by some Administration officials in private discussions of the lessons taught by yesterday’s election. REPUBLICANS’ STRATEGIC VICTORY While it will take weeks before the ultimate total of the popular vote will Be knoivii, it seems indicated that Governor Smith will receive approximately 14,0CX).C00 v-otes and Mr Hoover 21,000,000. It is art-i----cularly interesting to note that under the American system wherehj the popular majority in each State captures the total of the electoral vote thereof, the Republicans’ victory, was amazingly strategic, permitting Mr Hoover to get 444 electoral votes against Mr Smith’s 87. Despite the latter’s large popular vote he obtained fewer electoral votes than any Democratic Presidential nominee in history. His victory in Massachussetts and Rhode Island merit examination. These two States are suffering depression in the textile manufacturing Industry, have large Catholic opulations, and cities notedly "wet” in sentiment. The Congress returns are substantially as indicated yesterday. One negro member of the House of Representatives was returned f*'om Chicago