National Affairs: That Spells Depression

As chairman of the Republican National Committee, fuss-budgety little Senator Simeon Davison Fess of Ohio went through last year's Congressional campaign assuring voters that the Depression was worldwide, that President Hoover was not to blame. Many a voter did not believe him, helped to reduce to paper-thinness the Republican majority in Congress. Since then Mr. Fess has had little to say about economic conditions.

Last week the Republican National Chairman revealed how he had fared personally during hard times. To a constituent he wrote:

"The one thing lacking is confidence in our financial institutions....

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