Monday, Dec. 15, 1930

Lotos Man

Four years before he was elected to his first public office (Governor of New Jersey ). Woodrow Wilson made a remarkable address to the members of Manhattan's erudite Lotos Club. Last week the Lotos Club again served as a forum for a No. i Democrat--Owen D. Young. Not Mr. Young, as honor guest, but Dr. Nicholas Murray Butler, the club's president, gave the event a political twist. Introducing Mr. Young as a "public servant," Dr. Butler said: "Whether a public servant receives office or not is accidental, and if that public servant does assume office by accident, it is as apt as not to reduce a great deal of the public servant's public service." Though the gist of Mr. Young's speech had to do with international War debts and leniency of creditor to debtor in hard times (see p. 16), it contained undertones such as might be found in the words of any presidential possibility. Excerpts: "We need to know more of the world as it is and to discard for ourselves, as we have for our daughters, the hoopskirts and false unfrankness of the crinoline age. . . . Our politics raises its petty barriers [the Republican tariff?] oblivious of the mighty forces which men have let loose upon themselves. . . . "Our economics are necessarily international because of our interdependence upon each other. Our politics are national, increasingly so. ... The forces are violent and imposing. ... It is the uncertainty which political action threatens which paralyzes economic efforts in this world recovery. . . . Even economics may be willing to play a hand with deuces wild but it has not yet learned how to play when half the pack may be declared wild at any moment. . . . "If political forces must be guided by a vision of the unattainable, economic forces must be guided always by a vision of the attainable. The problem of reconciling the two is the most immediate and difficult in the world." An immediate result of the Young speech: political despatches from Washington printed under such headlines as: AMAZING TREND TO OWEN YOUNG PRESIDENTIAL BOOM NURSED ADROITLY

YOUNG BOOMED IN THE SOUTH

SOME SENATORS PREFER NOTED FINANCIER TO ROOSEVELT AS 1932 POSSIBILITY

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