The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-21
Grave Risk to Government
Cited by President in
Detroit Speech.
PLEADS FOR SACRIFICE
Nations Burden at Limit,
Veterans Told; Hits at
Tax Argument.
Text of speech, Page p
BY RAYMOND CLAPPER

OHAtCu AACSS Otdn OOAAtSpOhhNht
OLYMPIA HALL, DE-
TROIT, Sept. 21.-The Amer
lean government can carry no
additional burden of expendi-
ture without grave risks"
President Hoover solemnly
warned the American Legion
convention today.
The country's need, he said, is
second only to war"
He asked the war veterans to de-
fer all demands on the government
until after the depression. 1t was,
in effect, a request for a mora
forum on all bonus and pension
proposals during the depression.
Neither loans nor taxing of the
rich, he declared, would avert seri-
Gus difficulties if additional de-
mands we're made on the govern
ment.
Mr.. Hoover, speaking earnestly
and frankly, appealed to the World
war veterans to summon again. the
same courage and Self-sacrif1ce
which brought victory in that great
conflict and to enlist in the fight to
maintain the stability of the United
States.
Refers to Relief Aid
Without mentioning specifically
bonus and pension proposals advo-
Gated by many in the legion, Mr..
Hoover, after referring to depression
relief aid given by the legion, said:
But there is today an even
greater service to our country. That
is the determined opposition by you
to additional demands upon the
nation until we have won this war
against world depression 4. Moth
ing would give great glow to our
country today than your enlistment,
and the vigorous support you can
bring to this effort, to prevent adj
ditional burden on the government
from any quarter whatsoever"
Mr.. Hoover emphasized the grav-
ity of the situation further.
Cites Gravity of Situation
"The imperative moment has come
when increases in government eX-
penditures must be avoided, whether
it be ill-considered, hasty or unin-
formed legislation of any kind, or
whether it be for new services meri-
torious in themselves" he said.
I'VE can carry our present expen-
ditureS without jeopardy tc ma
tional stability. We can carry no
more without grave risks"
Mr.. Hoover did not refer to the
British crisis and the announcement
today of the suspension of the gold
standard at London, but it was evil
dent he was profoundly concerned.
1.-THE first stone in the foundation
of stability and recovery, both at
home and in the world, is the sta
bility of the government of the
United States" Mr. Hoover said.
ut is my purpose to maintain that
stability and I invite you to enlist
in that fight"
Rich Can Not Pay All
Citing the prospect of another
large deficit, Mr.. Hoover warned
that either loans or taxes beyond
the very minimum necessities of
government will drain the resources
of industry and commerce and in
turn will increase unemployment"
Mr.. Hoover urged that no one be
"misled' by those who say it is nee
essary only to tax the rich.
1--WE face the absolute fact that
the rich can be taxed to the point
of diminishing returns and still the
deficit in our ordinary and neces-
sary expenditures would not be COW
cred, even upon a basis of utmost
economy" he said.
I'm the end" he warned, 'it is
those who work in the fields, at the
bench, at the desk, who would be
forced to carry an added burden
for every cent added to our expend-
lures"