Show j i fi i iIA IA A Washington Daybook D. D a I Br By RODNEY i DUTCHER T im W WASHINGTON July 4 4 Political speculation anent his major majar movements movements move movements move move- ments annoys and sometimes incenses in incenses in- in censes ceases President Hoover but there Is no getting around the fact fatt that this debt suspension plan Is likely to have havethe havethe havethe the most Important domestic political cal effect among all t the things Hoover Hoover Hoo Boo ver von has hIlS' done The presidents president's friends In Jo journalism Journalism Jour jour- r- r and in politics say that Laudable as It may be to forget politics at certain times arid and obvious as it is that domestic political considerations con con- did cUd not Inspire the thc proposal proposal pro pro- posa for far a 11 year one one debt bt reparations moratorium you jou cant can't exactly l Ignore the fact act ct that thit it Jt may make a difference difference difference differ differ- ence In ln the result of the next hext presidential campaign and Is reasonably sure to change a R widely anticipated plc picture ure of the the next session o of con con- Iress ress STRENGTHENS POSITION As us far as t the l world wide sian Ion is concerned concerned-a concerned and and d that is what concerns everyone In and out of politics pol pol- lUeS the most general most general opinion is that the moratorium is reasonably certain to do more good than harm Snags may be encountered toward the end of oC the suspension period and thereafter on account of the uncertainty uncertainty as to what should next be done dane about debts and reparations vcrs vcr's friends are arc convinced that t his political position already has lies been strengthened at a time when it lt needed need need- ed cl that badly and they hope that the results of the moratorium will be so obviously beneficial that the preal- preal president dent can be pictured as a statesman who stepped in and saved the world at a moment of at crisis Republican politicians n naturally enough will make what political capital capItal cap cap- ital they can out of the Hoover move inave The nonpartisan aspect which Mr Hoover Hoo has undertaken t to give it t also attached to a considerable degree to his conference of business business' and industrial industrial indus indus- industrial trial leaders after the stock market panic his congressional relief program program program pro pro- gram and the American participation in the London naval conference Bat even though the success of those measures provides as many controversial controversial contro contro- questions th the Republicans have boasted of Hoovers Hoover's vers part In j them all an And they h have ve a a- a right to night do so because its it's their tion Uon Even if it the moratorium doesn't pan out as well wen as as hoped the ae next campaign will find the Hoover forces believing and insisting that their leader saved the country from a worse panic than we had averted much more unemployment and misery headed off another naval race and finally prevented world financial and economic chaos THAT T EXTRA SESSION Already you find James Jarne Francis Burke counsel for tar the Republican national committee asserting in th the same saine breath that party leaders cant can't afford to try to convert the resIdents dents dent's action into partisan advantage but that its itc iLc obvious political l a ad advantage act act- 1 vantage cannot be escaped The possible effects on capitol hill include an early extra session o congress congress con con- gress a a. more mare orderly session than had been expected stronger sentiment sentiment senti sent ment lor a tax Increase and a situation situa situa- tion lian which if it does not put any damper on partisan fights may take the thc edge off n at at- at tacks Mr Hoover has opposed an ex session all along but it Is thought that he would have no particular rea reason son to object t to calling congress in two or three weeks ahead of time f II if it seemed necessary in order to get gei congressional action on the moratorium moratorium mora mona plan before the next debt payments are due December 15 Congress Congress Congress Con Con- gress is scheduled to meet on the and delay In organizing the closely close close- ly divided house has been anticipated The presidents president's poll poIl of individual members Is regarded as partly an at attempt attempt at- at tempt to line up upa a majority behind the proposal so that the necessary legislation may be put through immediately immediately im im- Irn- Irn mediately but most innocent bystanders by by 1 standers dont don't see quite how It can be Ix done |