SUPPORT IN UNITED STATES

Timaru Herald, Volume CXLV, Issue 21155, 30 September 1938, Page 10

SUPPORT IN UNITED STATES

Disappearance of Party Wrangles New Possibilities in Conference PRAISE FOR PRESIDENT United Press Association—Bv Electric Telegraph—Copyright . (Received September 29, 11.30 p.m.) NEW YORK, September 29. The re-action of complete unanimity of support of President Roosevelt was further illustrated when Mr H. C. Hoover, making a political address which was considered the bitterest attack he had ever made on President Roosevelt, interpolated: “The efforts of our Government to maintain peace deserve our full support. The President will find every Republican and every thinking person with him in that effort. The President has rightly urged negotiations as a wav out.” The chief Washington correspondent of “The New York Times’’ (Mr Arthur Krock), points out the possible consequences arising from President Roosevelt's messages. “Suppose arguments arise at Munich which Britain and France are unwilling to let Signor Mussolini mediate, due to the Berlin-Rome axis; suppose this should result in a joint request for the good offices of the United States through the Hague Convention; if we rejected such a request, would we be charged with the responsibility for any disastrous consequences?” The Mayor of New York (Mr La Guardia), in a proclamation, asked all residents of New York to pause in prayer for five minutes for peace in th n world through the Munich meeting. The Berlin correspondent of “The Daily Mail” says that Mr Roosevelt telephoned Signor Mussolini, after which II Duce’s call to Herr Hitler lasted for an hour and a-half. REMARKABLE REVIVAL IN UNITED STATES BEST BUYING FOR MONTHS United Press Association —By Electric Telegraph—Copyright (Received September 29, 6.30 p.m.) NEW YORK. September 28. The stock market, which daily has been losing ground, due to the European crisis, revived remarkably after the announcement of the Munich Conference, touching off a burst of buying which seldom has been equalled in Wall Street. Prices gained one to six points, trading reaching 3,500,000 shares for the day’s business. United States Steel, General Motors and other industrials found most willing buyers. Sterling, which had reached 4.62, recovered 11 cents.