The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-12
DETROIT RADIO
PRIEST VOICES.
BONUS APPEAL
Nation Needs Prevailing of
Dollar Father CoughIin
Tells Committee.
CALLS FOR INITIATION
Gold Standard Is Attacked
in Plea for Payment to
Ex-SoIdiers.
ByUnitcd press

By United Press
WASHINGTON, April PA
Their Charles E. Coughlin, Detroit's
radio priest pleaded for re
vsluing of the dollar" when he
appeared today before the house
ways and means committee in sup
port of legislation for cash payment
Of soldiers bonus.
Coughlin testified as advocates
of the bonus renewed their drive in
The face Of warnings from Demo-
cratic leaders in senate and house.
Estimating that 100000 Ameri-
can workers are Jobless and
100000 more on part-time work,
Coughlin asked for "revaluing Of
the dollar"
This undoubtedly will throw us
off the gold standard he said But
we can use the soldiers bonus to
get down off this unjustified stand
ard"
The priest attacked the disease
of concentrated wealth." and advo-
Gated cheaper dollar and "infia-
ton" of currency.
The revaluation of the dollar will
come eventually" he said Let it
come legally"
Endorses Patman Bill
The priest strongly Endorsed the
Patman bill, which provides for
issuance of more than $4,000, 900, 900
in new currency.
The payment of the soldiers
bonus will be good in itself" he
added, 'if it will initiate the Amer
lean dollar.
This will sound like heresy to the
interests of vested wealth, because
it will mean that bonds will not
increase automatically in value
Gentlemen, he cried, 1--WE have
given the economic system its last
blood TRANSMISSION with this Recon-
struction Finance Corporation. Soon
we will have corpse on our hands.
'.R m m b e.r.~the Jeffersoniarl
doctrine that human rights take
precedent over property rights"
Represents 100000
Coughlin said he represented the
100000 people who had written
him letters indorsing the soldiers
bonus.
THE men who attended the
legion convention at Detroit and
who voted against the bonus" he
said. were the ones who had train
fare The ones who didn't come are
are ones who needed the bonus
This bill would put 100000 900
merce, 1t would buy food and cloth
ing.
Remember, our granaries are
filled while millions are unfed we
have great stores of clothing while
children SILVER; our boats are rust
Ting while the nation clamors for
food"
Senator Thomas Dem, Okla
followed Coughlin with a plea for
the bonus.
Il will take no time to discuss
conditions" he said. you know
them as well as 1 do"
See Bonus Eefeat
Conferences have been held
among Democratic and Republican
members of congress on the sub
iect OF the bonus, and as a result
high sources opposed to payment
held the view today that it even
tually would be lost.
1t vas not explained by these
sources whether they expected its
defeat in congress or whether they
believed it would be vetoed by the
President and his veto sustained.
The administration has been in
formed that the movement for the
bonus has lost considerable in mo-
mentum. It views the bonus as a
menace to balancing the budget.
Meanwhile, officials are being en-
couraged by the co-ordinated eff
forts of a number of government
financial and business agencies to
pull the country from the mire of
depression.
The President has received a
number Of inquiries lately about
possibility of further economic con-
ferences. He is represented as feel
ing, however, that the established
agencies Of the government are
working effectively to overcome
, business obstacles.