The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-22
President to Make IA Addresses in West Vir-
ginia and Ohio on Stump Trip; Bonus
Expected to Be Leading Topic.
DEMOCRAT NOMINEE TO LOUISVILLE
st. Louis Talk Heard by 10000; Policy
for Protection of Investors Outlined;
Blames G. O. P. for Many Losses.
BY RAYMOND CLAPPER
United Press STAFF Correspondent

ABOARD ROOSEVELT SPECIAL
TRAIN, EN- ROUTE LOUISVILLE,
Oct. %. - Governor Franklin D.
Roosevelt carried his Democratic
presidential campaign today into
the friendly borderland of the Ma
son and Dixon line, meeting with
ridicule and satire Republican
counter attack he said was based
on fear of panic.
The Democratic candidate swung
on through Kentucky and Ten
nesSee today with pledges left be-
hind in addresses at Springfield,
Ill, and st. Louis, to give relief to
American farmers and protect the
nations security holders.
He combined the outline of his
policy with scathing ridicule of
what he termed efforts by the Re-
publican leadership including Presi-
dent Hoover and Ex-President Cool
idge to brighten the nation with a
charge that panic would follow
Democratic victory.
Speaks at Louisville Today
He termed the attempt a worm
out stage trick patented by Mark
Hanna.
Governor Roosevelt scheduled his
first major stop today at Louisville,
KY, where an address was planned
shortly before noon. Other brief
appearances were scheduled, in
Guiding ones at Lebanon and Cor
bin, KY. He was 10 reach Knox
vile, KY, at 9.p. m.
1t could DE stated today without
question that Governor Roosevelt
firmly is convinced his election is
certain. What he desires now is that
his party workers do not become
overconfident.
Roosevelt's st. Louis address, de-
livered before an audience Of 10000
at the Coliseum, contained an out
line of his policy for protection of
investors and placed the blame for
many losses especially those Of
holders of foreign bonds, at the door
of Hoover and Coolidge administra-
tons.
AssaiIs G. o. p. Policies
Eight classes of securities were dis
cussed by the nominee, who cited
measures he would take to protect
against raids by "unscrupulous A.
nanciers."
The classes of securities named
were: Federal obligations, state OBJ
legations, municipal bonds, foreign
obligations, domestic industrial
bonds, public utility obligations, rail-
roads, real estate and farm mort
cages.
Roosevelt was most bitter in his
criticism of the administration pol
icies in regard to foreign financing
and domestic public utilities. He
mentioned the crash of the insult
utilities.
Il ask the simple question:" said
Roosevelt. What leadership has
the President exerted toward the
elimination of the type of abuse
which resulted IN the insult fail
ure?"
THE indifference of the present
administration has permitted the
savings Of thousands of our citizens
to be swallowed up and lost for all
time"
Unsavory U. S. Chapter
He described the record of for
eign bond issues as IAN unsavory
chapter in American finance"
These bonds" he said, '4n large
part directly are teh fruit of a dis
astrous policy pursued by the pres
ent administration in Washington
none other, if you please, than
the policy of lending to backward
and crippled nations.
MY job will be to prevent a re-
curence Of this incident and to pre-
vent the hard-earned dollars of
American investors from being
frittered away in foreign fields,
with profit flowing only to certain
international financiers whose
greed is greater than their patri-
otism."
Roosevelt spoke for most rigid
economy N federal, state and mu-
nicipal government to protect their
obligations from ever defualting on
iOforaef oy. y1rir1cir1oI