Word: hoover
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Dates: during 1930-1939
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...lottery ticket sold at that time in the U. S. and England. Because he is a devoted antiquarian, and avid student of Americana, this act of destruction must have been one of life's hardest tasks for John Nields. He left a lucrative law practice when President Hoover raised him to the Federal bench in 1930. But despite his politics and heritage, neither side of the Weirton case doubted for a moment that Judge Nields would hand down a strictly impartial decision. The trial closed last November. After long deliberation, Judge Nields was ready with his opinion last week...
Thus for the first time since he left the White House did Herbert Hoover become politically vocal on a specific national question. Heretofore he had written magazine articles and delivered speeches but his ideas were always muffled in a fog of meaningless political platitudes. Now as he was traveling home to California from his first New York Life Insurance directors' meeting, the Supreme Court rendered its decision on the gold cases (TIME, Feb. 25). For two days newshawks had trailed him, begging in vain for some comment. Sternly he put them aside with: "I am no longer in public...
...gist of Mr. Hoover's remarks: he favored going back on a gold basis, paying 59? in gold to any holder of a devalued dollar. He argued that such action would reduce unemployment, give business a rush of confidence, stop the spread of "inflation poison" in the national blood...
Politicians, certain of Herbert Hoover's desire to re-enter the White House, were sure that the 31st President of the U. S. was trying to make political capital out of a major division of public opinion on New Deal policy by showing himself 1) "liberal" in that he accepted the 59? dollar as an accomplished fact and 2) "sound" by advocating resumption of specie payments. When newshawks caught up with him at Chandler, Ariz., Mr. Hoover gave his own reason for his act: "I felt it was my duty...
...Other recipients: Herbert Hoover (1928); John Hays Hammond...