Show I HOOVER DEFENDS 1 BUYING ON TIME mE Says Savings SaYings Accounts Arc Greatest Ever Eyer EverNo No Credit Strains W WASHINGTON Dec Dee Dy by 31 ByThe The Associated Press selling of commodities In tn general consumption a II policy polley which has hall bon been greatly extended in American I trade mole bas lius not yet brou brought broucht ht about any production over-production In the thc opinIon opinion ion lorl of Secretory Secretary ry Hoover nor arc there In sight any evil ovil effects upon business from fm It About the moat certain test lest or of the lIle situation that we have havo Is In th the A bank records for tor 1926 Hoover said From Irom figurea that uro ure now available a the ho Amer American lean ican people le have saved laved during 1926 a quantity of money that far our sur pass kur-pass passes that which they have bave been able to laYaway lay away In any pre year oar This Increase Is la In tho the say say- savIng sav Ing tugs funds runds o of private pr individuals In III tho limo face of that sort of ot 11 L Is la haj ballI possible po for tor anyone to declare l seriously that people of average a urea meana ns In Uto llo h Coped Stales Stale have bave seriously ham- ham hampered haill per d themselves es or strained their credit by purchasing articles article ot of comfort and luxury on the metal Instalment meat ment plan 00 |