Evening star., 1932-10-31
Hoover's Baltimore Speech
President Denounces Roosevelfs Statement on Su-
trcre Court and Assails Democratic Reciprocal
Tariff Proposal.

to your doors at from 25 to 40 per cent
below the prices you at present realize,
depressed as they may be.
Hits Reciprocal Tariff.
The Democratic party proposes to re-
duce the tariff. 1t proposes not only to
reduce it generally, but it proposes to
negotiate reciprocal tariffs. which can
mean but one thing, and that is to nego-
tiate away the tariffs in favor of the
import of some variety Of goods. That
is the reason why Maryland except on
a few occasions. in the last 40 years has
been Republican in national elections
and has realized that the fundamental
interest of the State lay with the party
which has stood stanchly for the pro-
tective tariff ever since that party was
born. There has never been an hour
when it was more necessary that Mary
land maintain that vigilant attitude as
to the tariff as the one which now
threatens us.
Another of the policies upon which
the State of Maryland has stood
stanchly since the beginning is a sound
and stable currency. This is an added
reason why the State of Maryland has
so often supported the Republican
party in national elections. 1t is be-
cause it has been the party Of sound
and stable currency. We have had
within the last five months the passage
Of an act of Congress to issue 81 300
100000 Of greenback currency-one Of
the most glaring attempts to violate
the stability and sacred character of
currency of a people that we have seen
in our country since the Civil War,
when it was issued only in complete
desperation and paid for by thou
sand sufferings in the years which fol-
lowed. The vice presidential candidate
in this campaign fathered this measure
and the Democratic candidate or any
speaker in this campaign has net seen
fit to diSavow it.
Quotes Daniel Webster.
In view of the attitude which the
State of Maryland has taken in the
support Of stable currency l should like
TO repeat to you the most prophetic
statement of an American statesman
Daniel Webster-lOO years ago:
He who hampers with the currency
robs labor of its bread He panders
indeed to greedy capital. which is keen
sighted and may shift for itself. but he
beggars labor, which is unsuspecting
and too busy with the present to CAL
culate for the future. The prosperity
Of the work people lives. moves and
has its being in established credit and
steady medium Of payment"
This has been State given to econ
omy in public expenditures, and yet
this last session of the Democratic
House Of Representatives passed meas
ureS calling for an expenditure Of three
and Onehalf billion. or an increase in
Federal expenditure by over 80 per cent.
in the face of the tremendous difficult
ties OF cur taxpayers and of the Federal
Treasury. These efforts were stopped.
but the House refused to accept recon-
mendatiOns of the administration for
decreases in expenditure 1t forced in
creased expenditure upon the Govern
ment. 1t IS not now the party of
economy in public expenditure.
The Republican party stands today
as the safeguard against a series Of
measures which would drive this cCun-
try from the foundations which $50
years of constructive building has
wrought. In a peculiar way the State
OF Maryland has stood for the mainte-
nance OF these traditions for the up-
holding OF progress based upon these
views; 1t has never departed from them.
Both the interest and the sentiment of
thlS State can find its satisfactions
alone IN a national Republican admin
lstratiOn.