The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1932-06-30

:. All immediate and drastic reduc-
1ion OF governmental expenditures bv
aoollshlng useless commissions and Of
tlces. consolidating departments and
bureaus, and eliminating extrava-
gance, to accomplish a saving of not
less than Is per cent in the cost of
ieoeral government; and we call upon
the Democratic party in the states to
make jealous effort to achieve a
proportionate result.
2. Maintenance Of the national
credit by federal budget annually
balanced on the basis of accurate
executive estimates within revenue.
raised by a system of taxation levied
on the principle of ability to pay.
8. A sound currency to be preserv-
co at all hazards: and an internation-
al monetary conference called on the
invitation OF our government to con-
slider the rehabilitation of silver and
related questions.
4. "A competitive tariff for revenue.
with a fact-finding tariff commission
Tree from executive interference. re-
clprocal tariff agreements with other
nations; and an international econo-
mic conference designed to restore in
ternational trade and facilitate ex-
change.
Would Extend Credit
8. Extension of federal credit to
the states to provide unemployment
relief wherever the diminishing re-
sources of the states make it impossi-
BILE for them to provide for the needy:
expansion of the federal program of
necessary and useful construction af-
1ected with public interest, such as
Hood control and waterways, includ-
ing the st. Lawrence Great Lakes
deep waterway. The spread of en-
ployment by substantial reduction
IN the hours of labor, the encourage
ment OF shorter week by applying
that principle in government service;
advance planning of public works.
3. Unemployment and old age in
surance, under state laws.
Z. For the restoration of agricul-
ture, the nations basic industry, bet
ter financing of farm mortgages
through reorganized farm bank agen-
cies at low rates of interest, on an
amortization plan, giving preference
to credits for the redemption of farms
and homes sold under foreclosure: ex-
tension and development of the farm
cooperative movement and effective
control of crop SURPRISES so that our
farmers may have the full benefit of
the domestic market; enactment of
every constitutional measure that will
MD the farmers to receive for basic
farm commodities, prices in excess of
cost.
Survey Army Navy
8. A navy and army adequate for
national defense, based on a survey
Of all facts affecting the existing es-
adjustments. that the people in time
of peace may not be burdened by an
expenditure fast approaching a bill
lion dollars annually.
9. Strict and impartial enforce
ment of the antitrust laws to prevent
monopoly and unfair trade practices.
and revision thereof for the better
protection of labor and the small pro-
ducer and distributor; the removal of
government from all fields of private
enterprise, except where necessary to
develop public works and natural re-
sources in the common interest. Con-
servation, development and use of the
nations water power in the public
interest.
We favor the repeal of the 18th
amendment.
TO effect such repeal, We demand
that the congress Immediately pro-
pose constitutional amendment to
purely representative conventions in
the states called to act solely on that
proposal.
We urge the enactment Of such
measures by the several states as will
actually promote temperance, effec-
lively prevent the return of the sa-
loon and bring the liquor traffic into
the open under complete supervision
and control by the states.
We demand that the federal gov
ernment effectively exercise its power
to enable the states to effectually pro-
tect themselves against importation
of Intoxicating liquors in violation of
their laws.
Pending repeal, we favor immediate
modification of the Volstead Act to
legalize the manufacture and sale of
beer and other beverages of such al
.cohOlic content as is permissible I'M
der the constitution and to provide
therefrom proper and needed rev.
enue.
Would Protect Investors
10. Protection of the investing pub
lie by requiring to be filed with the
government and carried in advertise
ments of all offerings Of foreign and
domestic stocks and bonds true in
formation as to bonuses, commissions,
principal invested and interests of
sellers.
Regulation to the full extent of the
federal power of
(AD-Holding companies which
sell securities in interstate COM
merce.
(B)-Rates of Utility companies
operating across state lines.
(C)-Exchanges trading in secur-
tiles and commodities.
II. Quick methods of realizing on
assets for the relief of depositors Of
Suspended banks and more rigid
of national banks for the
protection Of depositors and the pre-
bention of the use of their moneys In
peculation to the detriment Of local
redits.
The severance of affiliated secur-
les companies and the divorce of the
yestment banking from commercial
nks; and further restriction Of fed
reserve banks in permitting the