ODDS ON HOOVER

King Country Chronicle, Volume XXVI, Issue 3419, 13 September 1932, Page 2

ODDS ON HOOVER

BUT ROOSEVELT WAY WIN. Writing to a friend in Wellington, a Boston business man says some interesting thing about political affairs in the United States. “Since January of this year the States have experienced their worst year of depression,” writes the Bostonian. “As always, human nature being like that, it was thought that after the beginning of the new vear things would be better, but on the contrary they have gotten worse, decidedly worse than the first two depression years of 1930 and 1931. Congress has just adjourned after an unusually long and stormy session. All the important legislation considered by Congress and the Senate has been of an emergency nature to cope with present conditions. “Just recently the American Press has experienced some signs of better business conditions, specifically mentioning the resumption of production on the part of large basic products manufactures, whose schedules require re-employment of a goodly number of people. The fact remains, however, that many millions of people are still out of work, and the task of placing the majority of them seems to be insurmountable. Two factors, those of domestic employment, and our apparent inability to recover export business, seem to heavily retard the return to anything like normal conditions.

“As you no doubt know, Mr. Hoover has been renominated by the Republican Party, and Franklyn D. Roosevelt, Governor of the State of New York, and the most important State commercially (and politically in the electoral college) has been nominated by the Democratic Party. Odds at present are 7 to 5 on Hoover, but many people believe that the Democrats are going to he swept into office, and, although a Republican myself, I am inclined to believe that Mr. Roosevelt will be victorious.”