THE PRESIDENCY: The Hoover Week: Aug. 1, 1932

When a seventh consecutive Press conference was cancelled at the White House, correspondents predicted in print that this contact system had been abolished. The next conference was not cancelled. Explained the President: "You know I've been fairly busy recently." Then he read a mimeographed statement about signing the Home Loan Bank bill. ¶ Without fuss or feathers, President Hoover signed the Unemployment Relief Bill.

¶Particulars of the rise & fall of Herbert Hoover's personal fortune were set forth last week in the August FORTUNE. "Mr. Hoover has been attacked without justice and...

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