THE PRESIDENCY: Old Horses & New

President Hoover last week accepted one great national issue and helped build up another. He accepted the Insurgents' challenge on the Power issue by vetoing the Muscle Shoals Bill. His pocket veto of the Wagner Bill to reform the Federal employment service loomed like a big square target for Democrats to shoot at.

The Wagner Bill would have scrapped the present Department of Labor employment agency (now placing 1,300,000 workers per year) and set up new and larger machinery for co-ordinate job-finding between the Federal and state governments. President Hoover's major reaction...