THE PRESIDENCY: The Hoover Week: May 5, 1930

President Hoover last week took a hand to speed the Tariff Bill to final enactment. The House and Senate conferees thereon were snarled. Major items were still in dispute. The main question was: Which wing of Congress should vote first? Each side, for political reasons, wanted the other to go first, to reserve the advantage of the last word. Chiefly at stake was the export debenture plan, approved by the Senate, disapproved by the President and the House.

As arbitrator President Hoover summoned House and Senate leaders to breakfast, listened to them...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!