Word: hoovers
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Dates: during 1920-1929
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...Democrats were not inclined to criticize Mr. Raskob because of the stock market, Republicans were. Last fortnight in the Senate, Democratic Leader Robinson of Arkansas attributed in part the recent market crash to a flow of unduly optimistic statements from Calvin Coolidge, Herbert Hoover, Andrew William Mellon. Defending the Republicans, Senator Robinson of Indiana rose to blame Mr. Raskob for the frenzy of speculation. He called Mr. Raskob a "plunger," cited Mr. Raskob's published faith in stocks, his plans for a workers' investment trust, his null General Motors statement (TIME, Feb.11) as public inspirations to gambling, responsible...
Conscious of his strong position, Scot MacDonald had delayed until last week his report to Parliament on the Hoover conversations. Taking his time and keeping most of his secrets, the Prime Minister told the House in substance only what he had already told U. S. and Canadian reporters, namely that: 1) The forthcoming Naval Disarmament Pact will be based upon the Kellogg-Briand Peace Pact; 2) The tentative Anglo-U. S. naval understanding between himself and President Hoover is only a groundwork on which the Naval Pact proper will be built at the Five-Power Conference scheduled to meet...
Subsequent sharp querying of Scot MacDonald-especially by Welshman Lloyd George-confirmed two important if negative facts. The Prime Minister's answers revealed for the first time that he did not discuss the Anglo-U. S. War debt situation with Mr. Hoover, and that he has not given the President any assurance that in wartime the British navy will respect the right of U. S. merchantmen to freedom of the seas. Since there has been general uneasiness in Britain on the latter point, Mr. MacDonald's straightforward answer cleared the air, enhanced his popularity, banished suspicion that...
Later in the week at a meeting of the National Labor Club, Scot MacDonald told how he had been "struck by President Hoover's quiet forcefulness. . . . His powerful way of furthering an argument made me almost smile in his face and exclaim to him out of the happiness of my soul: 'Oh, you dear old Quaker...
...That the constructive wizardry of Herbert Hoover ("great engineering works") might soon be exhibited to a waiting and ready people...