New York, Aug. 3.
A sharp break in stock quotations, precipitating a crisis on the Stock Exchange, was the initial response of Wall Street to the announcement made by President Coolidge that he is not running next year President, Trading was unusually heavy, lucks of 5000 to 20,000 shares being turned over. Initial Tossex in popular issues varied from 1 to 8! points.—Reuter.
Use of the Word "Choose"
Boston, Aug. 3.
Just what President Coolidge when he used the word chovte" in his announcement as] regards the Presidency is defined the Boston "Transcript," which states that, as employed in New a certain' positiveness to assertions of inten. tion, The only construction of} which the phrase is capable in New England, the paper declares, is: "I am not willing to ran for the Presidency in 1928.
Transcript wishes that Covlidge hiad been more explicit, but says that the utterance:
essentially characteristie—Reuter. be remembered, was:—I do not choose to ran for the Presidency Jin 1928."—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.