THE PRESIDENCY: A Fearful Price

President Hoover spent his second week-end on the Rapidan mulling over relief legislation. Senate Democrats had come forward with a program which called for a half-billion dollar Treasury bond issue for public works. Speaker Garner would double that figure. Other Democrats, William Randolph Hearst and Alfred Emanuel Smith among them, were asking even more. Upon all such propositions President Hoover frowned severely.

To amplify his objections he called a camp stenographer and dictated a 2,500-word letter to Herbert Samuel Crocker, president of the American Society of Civil Engineers, ardent advocate of...

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