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President Hoover, who rarely quotes his elders, last week went back a century to borrow an oratorical sword with which to stand off the American Legion on the Soldier Bonus. The weapon had been fashioned by Daniel Webster, mighty verbal swordsman, at a Whig reception at Niblo's Garden, Manhattan, in 1837. Unearthed by French Strother, White House research secretary, it was still so pat and pointed that President Hoover grasped its hilt and made it flash and glitter in a statement explaining why the U. S. could neither tax nor borrow two billions out of its people...

Author: /time Magazine | Title: THE PRESIDENCY: The Hoover Week: Sep. 26, 1932 | 9/26/1932 | See Source »

...that the Government should resort to the printing press and the issuance of fiat currency. Such an act of moral bankruptcy would depreciate and might ultimately destroy the value of every dollar in the United States. It would cause the collapse of all confidence and bring widespread ruin. Daniel Webster, 100 years ago, stated...

Author: /time Magazine | Title: THE PRESIDENCY: The Hoover Week: Sep. 26, 1932 | 9/26/1932 | See Source »

...experience of every govern-ment in the world since that day has confirmed Webster's statement...

Author: /time Magazine | Title: THE PRESIDENCY: The Hoover Week: Sep. 26, 1932 | 9/26/1932 | See Source »

...only political job he ever held was as a member of the New York City School Board (1914-17). No other famed Socialists, however, seriously contest Mr. Thomas' right to run for the Presidency. One who might, if he were ever divorced from his present job, is Daniel Webster Hoan, now serving his seventeenth year as Mayor of Milwaukee. As head of a non-partisan Socialist Administration, Mayor Hoan has made his city a shining exception in the gloom of municipal insolvency...

Author: /time Magazine | Title: THIRD PARTIES: Repeal Unemployment! | 8/8/1932 | See Source »

...boulders of Dogtown Common, part of Cape Ann near Gloucester, Mass., lately appeared carved legends such as "Prosperity Follows Service," "Be Clean," "Help Mother," "Get a Job," "Save." When one such marking, the simple number "31,"* was carved on a boulder on the property of Mrs. Leila Webster Adams, widow of Manhattan Architect Rayne Adams and descendant of early settlers, she rose up in protest, revealed the carver to be Roger Ward Babson, famed statistician. Explained Statistician Babson, whose family settled on Cape Ann in 1628: "The work I'm doing is part of an educational plan . . . which will...

Author: /time Magazine | Title: People, Jul. 18, 1932 | 7/18/1932 | See Source »

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