To Boston went Ray Lyman Wilbur. To Ray Lyman Wilbur went newshawks. To newshawks went these words of the Secretary of the Interior about his old friend and fellow Californian, Herbert Hoover:

"People now realize that the President has been the most stable force in U. S. business. He has stood pat. . . . The tendency to blame him for every cow that went dry has vanished. . . . The President has accomplished some difficult navigation in rough seas. More people have tried to rock the boat than usual in a depression....

Want the full story?

Subscribe Now


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!