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Last summer Senator Simeon Davison Fess of Ohio, chairman of the Republican National Committee, decided that the time was ripe for him to build a new home at Yellow Springs. He had savings tucked away in three building & loan associations which would serve as a starter. He went to a banker friend and asked him for a $6,000 mortgage loan. Throwing up his hands in horror the banker declared: "Oh, Senator, we can't make any more loans at present. While we're sound, we must remain in a liquid condition." Senator Fess, disappointed, went...

Author: /time Magazine | Title: INDUSTRY: Homebuilding Hooverized | 11/23/1931 | See Source »

...Plan. Last week President Hoover, close to whose heart are the U. S. Home & Family, moved in a large way to supply the Yellow Springs banker with $6,000 to lend Senator Fess, to ease the strain on the three building & loan associations sufficiently for the G. 0. P. chairman to withdraw his savings, to put jobless men to work on a new Fess home, and on perhaps 200,000 other homes. The President's purpose was to thaw out the frozen mortgage market on small homes so that people could start new building and thereby contribute...

Author: /time Magazine | Title: INDUSTRY: Homebuilding Hooverized | 11/23/1931 | See Source »

...duty after renomination will be to find a new G. 0. P. chairman to pilot his candidacy through the campaign. Bad luck or poor judgment characterized the President's first two choices for this prime political post. Claudius Hart Huston had to retire in near disgrace. Fussbudgety little Senator Fess of Ohio, present incumbent, is widely rated a party liability. Last week the Wet Eastern wing of the G. 0. P. renewed its cries for his removal. William Scott ("Boss") Vare, Pennsylvania's Senator-reject whose plumping for Herbert Hoover at Kansas City in 1928 gave him the nomination...

Author: /time Magazine | Title: CAMPAIGN: Straightaway | 11/16/1931 | See Source »

...days later another G. O. P. rallying cry went up. Fussy little Chairman Simeon Davison Fess of the Republican National Committee officially keynoted the party's autumn campaigns. His objects were three: to insure Republican success in scattered municipal, State and Congressional elections (notably those in Ohio and Wisconsin); to replenish the party war chest; to renominate and reelect President Hoover. The Fess keynote address appeared to be in the key of C: no sharps, no flats, just straight eulogy of Republicanism and straight condemnation of its opponents...

Author: /time Magazine | Title: POLITICAL NOTES: Orders | 9/28/1931 | See Source »

...Chairman Fess traced national economic ills to the War, felt that people would come to respect "the remarkable efforts of our great President" to get the nation out of Depression, was sure that he would be "unanimously nominated, overwhelmingly elected," warned against unscrupulous politicians offering "quack remedies...

Author: /time Magazine | Title: POLITICAL NOTES: Orders | 9/28/1931 | See Source »

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