Evening star., 1932-10-19
Text of Roosevelt Speech
Democratic Nominee at Wheeling Scores President
and G. O. P. for "Ahempt to lnstM Panic"
in Drive for Votes.

As in the case of the Federal Reserve
System. the fundamental purposes and
principles of the Reconstruction Finance
Corporation have not been carried out
by the present administration in WASH
ington.
l believe that we are ready for
change-a change which will put into
practice the lessons which We have had
to learn through our trials and troubles.
The lesson of interdependence-t
simple fact that no part of the country
is safe while any part is in want, that
the worker is less likely to have job
whenever the farmer cannot get de-
cent price for his crop. that the bank
is not safe whenever irresponsible
financiers sell pyramided or watered Sc
curities. These are few of the les
sons that call for new leadership.
As l have said before this Nation
cannot endure half boom and half
broke. The Hoover administration
forgot these facts. encouraged specu-
lators, strangled foreign markets by in
defensible tariffs. and accomplished
nothing for agricultural communities,
depressed already to the lowest point in
modern history
l have studied these problems. have
made a trip through every section of
the United States in order to fam;liarize
myself by a face-to-face and intimate
contact with the varying problems of
each community and section
l have proposed series of plans
dealing with this tremendous group of
problems. 1 have suggested a pro-
gram for the rehabilitation of agricul-
ture-a program for placing the great
transportation system of railroads on
IN
assure the financial obligations of the
greater number of these carriers whose
holders represent every group in the
community
Denounces Grundy Tariff.
I have outlined my purpose to curb
the financial eXceSSeS and explorations
which in the last u years have thrown
/ to waste so much of the hard-earned
savings of our citizens. I have ad-
vanced a definite program for the fair
control Of public utility and power
service.
have advocated a lowering Of tariffs
by negotiation with foreign countries.
But 1 have not advocated, and I will
! never advocate tariff policy which WI!
withdraw protection from American
workers against those countries which
employ cheap labor or who operate un-
| der a standard of living which is lower
| than that of our own great laborlng
groups You have been told by my op-
ponent that the Democratic tariff pol
| icy will result in the further loss Of
American trade with foreign countries.
| But I call to your attention that we
now have a strangulation of that very
trade under the tariff system of unSys-
tematic and unscientific tariff walls set
| ~ J@1r $hnt tnl In
Grundy tariff.
The Democratic program is practical
and l pledge to you that it will be car
ried out with speed and dispatch.
Tonight in Pittsburgh I shall outline
another cause which under Republican
leadership has had a major effect upon
our present condition and I shall once
more explain a workable program to
remedy that situation. I shall con-
tinue in this campaign to be construc-
tive and to state my position on the
great issues which face our Govern
ment.
Scores "Mismanag cement"
My first thought is that government
exists for individual men and women,
and that its first objective is to pro-
mote their happiness and we'll being
1t must carry out economic reforms,
not solely for the sake of the railroads
or for agriculture, or for banks or for
industry, but for the people who work
and use those railroads, for the far
mers and their families, for the bank
depositors, for consumers and for
workers Unless they prosper the Ma
tion falterS.
I seek a sound administration, but
seek a humane administration. To
me government is not machine driven