New Britain herald., 1928-10-08


son to take the farm situation more
seriously In almost every speech. and
in this one lent his most impressive
illusions to ways and mean to help
agriculture.
His emphasis of the pledge to
create a federal farm board to aid
cooporativeS was meant to hold the
West. And he took the opportunity
to add that in addition this included
the plan ito build up with initial ad-
vances OF capital from the govern
ment farmer owned and farmer
controlled Sterilization corporations.
1t is no proposal of subsidy
or fee or tax upon the farmer.
No such far-reaching and specific
proposal has ever been made by
political party. on behalf of any IN
dustry in our history"
That is something for the Demo
Gratis to shoot at and we suppose
there will be some tall shooting bees
within the present month.
AS was anticipated, the nominee
had trenchant word to say upon
the protective tariff and needed to
go no further than look about him
in Elizabethton. mo more benefcent
exhibit of the result of the protective
tariff act passed in 1922 exists than
in this very city. Here factories are
in course e. section and expansion
whose establishment within the
United States is due solely to that
tariff act. Directly and indirectly
they will provide an improved live
Rhood to more than $1,000 homes.
If it were not for that protection
these goods would be imported today
as the product of foreign labor"
Which is undeniable. 1t is so crys-
tai clear that the Democrats cannot
deny it. They won't attempt to deny
it. What they will do is to explain
that they. too, are on the tariff
bandwagon now, and will point out
that Mr.. Hoover's reference to "a
return to the underwood tariff
schedules" was entirely uncallcd for.
They will say that nobody from
Smith down has had the temcrity to
bring that up in this campaign.
Mr.. Hoover went even little
farther, thus increasing his popu-
larity with the leading industralists:
Il advocate strengthening of the
protective tariff as Henry Clay or
Kentucky advocated it. The
purpose of the tariff is not to
balance the books OF business
corporations but to safeguard the
family budget"
Which must mean, if elected, and
recommendations of the Tariff Com
mission are on the White House
desk, that he will know what to do
about operating the flexible tariff.
The tendency will be up rather than
down-in consonance with the Cool
idge policy. Compared with this all
Mr. Smith has promised us that If
elected he will not do a thing to In
jure American business. that he will
keep the tariff fair and square. On
this topic-not as important as 1t
once was--we plank down our votes
and take our choice.
The third important political point
mentioned centered around govern
ment ownership and operation of
business. In this Mr.. Hoover was
Ni "o'"pohci' wv oHly QlQ ne
oppose general extension of govern
ment competition with private bus
mess, but he said it was not the
American system; that it undermines
Initiative. state and local govern
ment, and is the destruction of
states right He preferred to rely
upon the power of regulation 10 pre-
vent abuse. The system OF private
ownership. he went so far as to say.
should not be threatened by dead
ly and destructive doctrines.
This statement was clear-cut op-
position to the Smith doctrine of
government ownership and OPERA
ton Of natural resources, definitely
in the public eye at Muscle Shoals
and Boulder Dam. 1t means that Mr..
Hoover wishes these great resources
developed by private initiative. :"
like the Republican party in Aew
York prefers to see the st. Law
renee river developed; while Mr..
Smith, who has fought ten Years
against such initiative along the ST.
Lawrence, favors government owner
ship and operation at Muscle Shoals
and Boulder Dam, as elsewhere. MIR.
HooVer's statement can be construed
as meaning, too. that Mr. Smiths
plan is deadly and destructive"
That will be,soInething else for the
Democrats to discuss within tae
present month.
A few political pin-pricks do not
agree. Mr.. Hoover thinks the gov
crnment should keep out OF business:
and then he advocates rigid con,ro,