The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-18
NORRIS LASHES
HOOvER'S HELP
RICH POLICIES
Rule by AriStoCratic Class
Held Government Theory
of President.

BIZ United Press
PHILADELPHIA, oct. 10. - At
lacking President Hoover's method |
in building his personal fortune,
United States Senator George w. |
Norris of Nebraska Monday night |
charged that the waters are very |
muddy" regarding the origin of the
Presidents wealth.
Speaking in behalf of the cam
didacy of Governor Franklin D. |
Roosevelt before several thousand |
persons at the Metropolitan Opera 7
house, the progressive Republican |
senator declared that President |
Hoovers theory of government is
based on the assumption that the
entire people should be ruled by an |
aristocratic class"
In defending his support of the |
Democratic candidate, the gray |
haired Nebraskan expressed the |
opinion that blind loyalty to a
political party was wrong.
He quoted George Washington to |
the effect that party spirit should |
be "subdued land regulated, or the
evils of partisanship will grow into
conflagration and destroy the very
foundations of government"
Democrat, Then Republican
Mr.. Hoover is depending on the
party spirit for reelection" he said,
yet for three years he served I'M
der Democratic President, as a
Democrat then suddenly became a
Republican-when he realized the
y Democrats would not be returned
to power"
Senator Norris charged that the
national conventions of both polit-
ical parties were dominated by po-
litical bosses, but that in the Demo-
cratic convention the mass of the
party threw off the yoke of the
bosses and nominated an honest,
Independent man."
Speaking of Bosses" he con-
tinued, "Pennsylvanians have had
enough to understand the evils of
Of which / speak You have had
Quay Penrose, Ware and Mellon,
the only man who has had the dis
tinction of having had three Presi-
dents serve under him"
Discusses Hoover Fortune
In discussing the Presidents per-
sonal fortune and his methods of
unemployment relief, he said
Writing in the Mining Magazine,
May 7, 1912, Herbert Hoover ex-
planned his ideas on the issuance
of stock and bonds of large corpora
tions.
He was discussing a corporation
which, for the purpose of his
Illustration, sold stock to an I'M
suspecting public. Insiders had
pocketed the proceeds and the in
vesting public was left out in the
cold.
This is what he wrote, at a time
when he had no intention of ever
becoming a candidate for public |
office From an economic point of |
view, this 100000 pounds of capital |
in the hands of the insiders often |
10 liANCobGQ III HULK ACp1OOANbANC |
purposes than if it had remained in |
the hands of the idiots who started |
with it."
Keynote to Character
This is a keynote to Mr.. Hoo
ver's character" Norris declared.
. 1T explains how, according to his
theory, it was proper to make for
tunes in the way he probably made
his own. His theory in this respect
is shared by millions of persons all
over the world"
Norris then attacked the Presi-
dents unemployment relief plans
as designed to benefit the wealthy
and large corporations.
In a nutshell, the Presidents re-
lief plan is for legislation to make
the rich prosperous, to make the
wealthy more wealthy, to give OPP
portunitieS for additional wealth to
those who already are saturated
with wealth." he said,
Cites Critics of 1928
Norris placed considerable en-
phasis on the utterances of Repub-
licans, who attacked Mr.. Hoover
prior to his nomination at Kansas
City He quoted them as follows:
Representative William R. Wood,
indiana think he (Hoover) is the
most expensive luxury ever fastened
upon this country.
Senator Otis Glenn, Illinois-It
would be suicidal to the party'S
chances in the coming election to
nominate Hoover as the leader.
Senator James E. Watson. Indi-
ana-We used to nominate men be-
cause of what they stood for. Now
we are asked to name voiceless can
didates.
President (Then SENATOR
Curtis-The convention can not af-
ford to nominate as the head of the
ticket any one for whom the party
will be on the defensive from the
date he is named until the close of
the polls on election day.