Salt Lake Telegram | 1936-01-18 | Page 18 | Two Treasury Aid Resign

TWO TREASURY i I I AIDS AID RESIGN il WASHINGTON ASHINGTON Jim Jan 18 IS UP UP- UP k New deal fin uin financial p policies received a anew new blow from within in the resIgnations resignations res res- of Undersecretary of ot th the Treasury Thomas ThoMa Jefferson CoolIdge Coolidge Cool- Cool Idge arid and Assistant Secretary L. L W W. Chip Robert Jr Coolidge resigned resigned- It was said because be be- cause cause of ot irreconcilable objections to fundamental administration fiscal poti policies ics R Roberts Robert bert gave no Indication of opposition op op position n. n Administration leaders withhold withheld comment on on the resignations President Pres Pres- ld ident n Roosevelt Roosevel In his s letter Jetter accepting accept accept- ing resignation expressed ex ex- pressed sincere regret and commended commended com corn mended him for tor having rendered conspicuously able service to to the government for forthe the lat last two years and for having been of or great per pcr- jonal assistance nce to to tome me Coolidge Informed the president that have now now arisen which h make it advisable for foi mo me to tender you yoji my resignation He Heg g gave gava ve ho no sp sp specific reason for leaving the treasury but f said Mid he found it impossible to continue continuo J Ing Izig g w wholehearted support to all U policies of the president I Coolidge was in active direction of cf the treasury last summer ummer when S Secretary cre ry Henry Jr was wu abroad for several months He Hew w was mentioned as as a possible secret secretary secre secre- t tary ty rY of the tr treasury sury when jt it it was as rumored might resign to o acc accept pt an ambassadorship The Th resignations revealed when th the White House made public the exchange of correspondence were were wereth th the latest in a long series res resulting from differences between Mr R Roosevelt and h his s fiscal aids The he first break In new deal fis- fis came in the retirement of or Professor O. O M. M W. W Sprague as econ eco ceo n ii mic inic adviser to Form For For- m r Undersecretary Unde of t Treasury D Dean an G. G Acheson resigned because of disagreement with other new deal dew lawyers over the government gold buying program then being launched U. U Lewis W. W Douglas DDuglas quit as director of cr the e budget because of too he heavy V government spending Paul W Warburg Warburg War War- r burg as financial adviser to the president over th the monetary policy and George N N. Peek as special foit for for- trade adviser advisor because t- t L eign of dif dif- differences of opinion with Secretary of State Cordell Cordeli Hull over means of prom promoting ting United States f foreign I trade Jrade rade