Presidential Leap Year.

Beside the German and the French elections, there is the United States Presidential election. It comes every four years. It is a leap-year event that the world always waits for. The Great War started in August 1914, but it was not till 1917 (after the Presidential election of 1916) that President Woodrow Wilson felt safe to lead his country into war. Once more the world awaits a Presidential election with war in the air, but with the hope that war will have ceased, even in Asia, long before the people of the United States have re-elected Hoover (should the Republicans nominate him) or elected a Democrat (perhaps Roosevelt). If a Democrat wins, he will be the first since Woodrow Wilson. Hoover's domestic policy is credit extensions (variously viewed as “inflation” and as “a brake on deflation”). No American cure for unemployment is in sight. A wheat “dole” has been declared out of Farm Board surplus grain.