New Britain herald., 1930-07-05
To Slow Debt Retirement

w dS0lnSlOH, July tt1)-lnP record breaking appropriations au- thorized by the recent session of congress caused a growing belief among financial and political experts today that the government will soon be forced to rctard it's public debt retirement issue
 During the session just closed congress passed appropriating or authorizing legislation for Veter- ans Pensions, Inland Waterway Projects, Road construction and other governmental work. All of these represent present or future liabilities on the federal budget. Moreover, it is indicated such tinan- cial demands will increase. 4n. view of this situation there is a growing sentiment among members of con gross for the government to retard it's debt payment program.
 Democratic congressman have long contended the government was paying it's debts faster than neces- sary. This conviction now has begun to find adherents among republican party leaders. President Hoover, however, has given no indication that he agrees with them.
 Political Issues Loom
 Washington, July 5 UP)-Im- posing political issues grew out of the session of congress just closed.
 The dearth of clear-cu debating points during recent political cam paigns was filled in with inter-party fights over the tariff and the defeat ed debenture plan of farm relief. Both are fresh in the minds of con- gressmen who are arriving home to- >day to make ready for their sum- mer primaries and the November election campaigns.
 On one hand the republicans, claiming the Smoot- -Hawley tariff act as the major accomplishment Of the session, are ready to present this legislation to their constituents as one reason for their selection.
 Democrats and independent re- publiCans from the farming regions, on the other hand. are openly bas- ing their campaigns upon the tWo- year fight they waged in behalf Of lower industrial rates and higher farm rates. as well as upon their unsuccessful attempt to establish the debenture.
 Tarih To Be Issue
 The tariff is an historic democra- tic issue, but it has been poor one since the war, The minority party leaders are agreed now, however, that their coming congressional campaigns should be fought around the ancient issue. Their hopes are so high that many of their leaders here are publicly and prlvately forecasting the election Of a dem- ocratc house in the fall,
 The secondary issues developed for the republicans revolve around the s161.O0O,0O0 temporary tax re- duction, the Veterans Pension bllL and the London Naval Treaty. The first two represent definite accomp- lishments. while the treaty is to be considered by the senate beginning Monday.
 We stood with the president, can be the house slogan as well as that of the less successful admins tration group in the senate.
 "Debenture and dc tariff is the democratic slogan formed by one Of the waggish house leaders.
 The campaign debate will natural ly center around the name Of Presi- dent Hoover, and there have been indications at the White House that he himself may take the stump within a few weeks to "educate the public" to the accomplishments Of his first year and a half in office,
 The record shows MT. Hoover won most of his battles with con- gross. He succeeded in defeating the debenture plan of farm relief. He pressed to a successful conclusion the nomination of Charles Evans Hughes to be chief justice Of the supreme court. He won his fight for modified World War Veterans Pen sion bill. He got a Tariff bill which he could sign.
 His major defeats came with the rejection of the nomination of John J. Parker as a supreme court jus tce and with the overwhelming re-