National Affairs: Raskobism

One major result of last week's Virginia election was to shake the hopes of Hoovercrats of holding 1928 gains in the south. Another result, no less significant, was the subsidence of "Raskobism" as an effective issue within the Democratic Party. "Raskobism" became more respectable, more reputable, than it had been since last November when some 160,000 voters in Virginia supported men who approved of John Jacob Raskob, chairman of the Democratic National Committee and intimate friend of Alfred Emanuel Smith.

As invented by anti-Smith Democrats, "Raskobism" contains the following ingredients: one part Roman...

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