Effects of a Holiday
President Hoover first announced his debt holiday plan last month on a Saturday. Then he hurried off to his Rapidan camp for a weekend rest. Early Monday morning he started back to Washington. At Warrenton, Va., he stopped his car, bought an early edition of the Washington Post. As he began to read it, his eye fell on a story in which the political effects of his action were discussed by the impartial United Press. Set forth was the obvious fact that the President's proposal had greatly improved...
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