AMERICAN PRESIDENCY
ATTITUDE OF WALL STREET. HOPE FOR COOLIDGE’S RETURN. By Telegraph—Press Assn —Copyright. Australian Press Association. New York, May 16. “Deep down in its boots Wall Street believes there is only one man who has a chance of defeating Governor Smith, and it is very doubtful at that,’' comments the financial editor of the Morning World. "What is the true story about the Mellon talk and the reappearance of Coolidge’s silhouette on the political screen?” he asks. “The truth is, as Wall Street knows, that Mrs. Coolidge does not want him to run. She has had all she wants of White House and she is very anxious to return to her simple home life In Massachusetts, and the President feels that way too. Yet th© Street has a lingering hope that he may yield to the belief it is his duty to the P to accept the nomination if it is thrust upon him, irrespective of his own views and those of the fir.t lady in the land. “There mav not bo the slightest reason for Wall'Street to indulge this hope, but it must not be forgotten that imagination is one of the vivid forces furnishing the impulse to this market.
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Bibliographic details
Taranaki Daily News, 18 May 1928, Page 7
Word Count
202AMERICAN PRESIDENCY Taranaki Daily News, 18 May 1928, Page 7
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