Money talks; therefore the success of the American Treasury with its issue of certificates must accounted a feather in President Roosevelt's cap. Tmportant too has po: been the letter of the Chairman of the National City Bank in supporting the President's, scheme for the tem. wr the danger of i strengthening of the banking, tion will be as readily avoided general Johnson suggests, mast main to be seen. The Nati jeovery Programme has undoubtedly '2 great asset in the President's personality and while it would be absurd to pretend that he has really obstacles to. success—the con. troversy between the Agriculture Depariment. and. Mr, Morgenthau provides an indication. of the sort of difiealty Jikely to intrude at any!
Text read from the printed page and cleaned; old type leaves the occasional error.