U.S. PRESIDENCY

Gisborne Times, 13 October 1932, Page 5

U.S. PRESIDENCY

HOOVER’S CAMPAIGN.

SUPPORT BY COOLIDGE.

TRIBUTE. TO FINANCIAL POLICY.

TO RELIEVE PEOPLE’S ECONOMIC STRESS.

(U.f’.A. by Elec. Tel. Copyright.) (Received Oct. 12, 7 p.m-) NEW YORK. Oct. 11.

In opening‘the final intensive drive for Air Hoover’s re-election, Air Gyolidge made his iirs.fc and probably his only campaign speech, at Aladison Square Garden to-night. He stressed the sound conservative policies of the President’s administration, and the protection of tho value of the dollar and the gold standard against the Democrats’' inflation' measures. He scored off Air. Roosevelt’s failure to take a definite position against the payment of 2,300,000,000 dollars for soldiers’ bonus. He defended Air Hoover’s financial relief of corporations, banks and insurance companies, as all designed to relieve the economic distress of the common people.

AMERICA’S ECONOMIC RECOVERY.

N ON-PARTISAN VIE A

BORA IPS FO UR-POINT PROGRAMME.

(U.P.A. bv Elec. Tel, Copyright.-) (Received Oct. 12, 10.15 p.m.). BURLEY (Idaho), Oct. 12.

Senator Borah, who is taking a non-partisan stand in the Presidential election outlined a four-point pregrain nm for economic recovery, namely, the adjustment of world-war problems, the expansion of currency, the elimination of extravagance in Government, and the adjustment of private debts to conform to the change in moiiov values

ROOS EVELT G ROW ING

FAVOURITE.

CHANGE IN AMERICA

NEW YORK, Sep-. 23

t’be pace is quickening in the United States Presidential race between Air. Herbert Hoover, present holder of the' office and Republican Party candidate, ami Air. Franklin Roosevelt. the Democrat nominee. [be past week lias been remarkable for the swing iu Air. Roosevelt’s favour in high places where chances of election are gauged. East week heavy wagering' by Street operators c« the Presidential elect ion. showed Mr. Hoover vo be at a shade tin* odds-on. But now Air. Roosevelt lias ousted him and is more a pronounced iavori'e than AU. H°o\ - c . r was seven days ago. One biff: of £2vM)UO lias boa authenticated.

hi alt the Presidential campaigns

since ISB3 there has been a tradition flu,! ‘‘the odds on Wall Street have always picked the President." Mr. Rose veil's ascendancy is at tribute! io the excellent impression lu- is making on a tour of tho A\estern States. Speaking in Seattle, lie attacked the present Administrations high tariff policy- which lie said, had kept out the cheap products of other nations, but walled in American industry as well.

‘•lnstead of the. high tariffs making markets for" American producers, tlicv have destroyed then.,’’ said Air. RoosovclE II elected, he promised io open negotiations with Britain, Canada, Australia, and other nations seeking a friendly joint revision of tariff schedules. He was wildly applauded in bis friendly references to the British Dominions.

Mr. Hoover’s adviser- are rather bewildered by the success of bis opponent's campaign, and are planning: a “follow-up’'’ tour of the Vest to counteract its impressions.