“DON’T HOARD”

Poverty Bay Herald, Volume LV, Issue 17739, 28 March 1932, Page 9

“DON’T HOARD”

MOBILISATION IN AMERICA PRESIDENT’S CRUSADE NEW YORK, Feb. 7. The spokesmen of 20,000,000 Americans have pledged their organisations to assist to the limit President Hoover's nation-wide crusade, against hoarding. The campaign which the President has inaugurated to bring the hidden millions back into circulation' is to be one of the greatest ever conducted in the United States, and volunteers are being asked to join in the crusade with, the patriotic fervor of the war days.

Official figures show that no less than £260.000,000 to £300,000, has been withdrawn from circulation.

All this money, instead of being used to promote trade and industry, is bidden away in deposit boxes, under mattresses, or in the proverbial old stocking. livery boarded dollar, according to President Hoover, means the destruction of Jive to 10 dollars credit, and credit, the President has pointed out, is “the bloodstream of our economic life.”

The problem before the crusaders is to get this vast amount of “idle” money hack to work, and the whole nation is to he roused to a realisation that this is a matter of self-interest, as well as of patriotic duty. Hoarding has risen to its present alarming proportions, which threatens to strangle the nation’s credit system, in consequence of the failures of thousands of banks and the slump of investments, and the President lias taken the Jcjid in organising the spectacular campaign in order to dissipate fear and restore public confidence. Representatives of all the most important organisations in the nation—including churches, schools, social service workers, trade unions, finance, patriotic leagues, and so forth—met Mr. Hoover at .tjlie White- House yesterday and unanimously agreed to stand solidly behind his clfqrt to bring the country back to prosperity by declaring war on hoarding.

“Mr. President, 1,250,000 legionaries arc behind you,” said Mr. John Taylor, representative of the American Legion, when Mr. Hoover called for volunteers.

Similar assurances were given by the spokesmen of all the other organisations. Newspapers, radio, school teachers, moving picture companies, and all the other agencies of propaganda, are to joif in the campaign.

equivalent to 3s a year over 13 years. When Miss Turner left the house there was £2 5s 4d to her credit. With regard to the defence, it was admitted that Miss Turner was locked in her bedroom at night, but it was said that was done because siie was suffering from what was described as a-higher grade of menial deficiency, and she was locked in for her own safety and welfare.

Pord Hewart: I don’t understand al] (his. Was any order made? Mr. Eddy: No. Plaintiff was never examined until May, 1928, and then by the Medical Officer of Health for Croydon. He was unable to certify that she was suffering from any menial deficiency. Lord Hewart: A private individual cannot keep a. private asylum. When the settlement was announced the Lord {.thief Justice remarked: “In my opinion, so far as [' can judge at tin’s stage of tile ease, Miss Turner wan telling the truth, and 1 cannot close my eyes to the paragraph of the defenw which states that Miss Smith admit: that Miss Turner was locked in her bed room at night, and says that she \v:i: so locked in by reason of the fact that at all material times she was suffering from a. higher grade of mental deficiency and was locked in for her safety am’ welfare. .It is admitted that no orclei with regard to that matter was eve' made. The jury and 1 have had tin opportunity of judging of the intelligent'! of Miss Turner and the evidence wliicl she gave. If the parties have settled the ease there is an end of it and 1 havt no responsibility'. Mr. Vick.—My client is paying t<Miss Turner a very substantial sum foi damages and she also wishes publicly tr express her regret for her unwise treat meat of Miss Turner, which was .ill considered at the time. The Lord Chief .Justice —I think that the defendant is exceedingly fortunate ii being able to settle the action on any terms.