Election Delays.

Not even Borah, however, can altogether overthrow Presidential election tactics. The year 1932 is Presidential page 10 year; so was 1916. History shows that the United States did not enter the war till 1917 (after Woodrow Wilson had then won the Presidency and felt free to have a war policy) and it may be that United States debt policy will have to wait until either Hoover or Roosevelt is firmly in the U.S.A. saddle. If so, the full expression of the Lausanne policy may have to pause awhile, till the American oracle is prepared to speak. Meanwhile, the European pot may simmer on, or a boil-over may force America's hand. The boil-over could come in Germany. Hitlerism may be unwilling to wait till American politicalism is ready.