The Waterbury Democrat., 1932-01-09


 constructive work that will be oi some benefit to the nation after tho crisis has passed.
 I believe that this is the time
 when we should forget party.
 lines entirely, and I believe
 that We have got to appreciate
 the fact that we are in state
 of war, war against uncmplOy-
 ment, war against malnutri-
 tiOn, war against sickness and
 disease that follows in It's
 wake.
 Why, 1t is matter of fact that this disease that is hanging ovel this country to-day is working greater havoc in the American home than the recent war.
 Now, 1t would be idle to find fault, and tonight on the other gestions.
 know that what I am going tc suggest will, at least in the begin. ming, be received probably with ar unpopular note; and that is an is' sue of federal bonds for necessary necessary public works and buildings.
 Can we establish there is & neces. sity for 1t? Yes.
 This government to-day Is pay. ing $20, 100000 a year rent for the operations of its business.
 There is neither economy nor eff. flciency in that. Permanent build. ings required for regular prosecu. ton of the public business should be built by the government and bt under It's ownership.
 According to the public
 prints, the postal deficit this
 year was $f2O,O0O,O and the
 postmaster general a short
 time ago made the statement
 in one of his reports that
 large part of the deficit in the
 post office was due to the anti
 Quated premises and antiquat-
 cd methods, and the antiquated
 proDertics in which the gov
 crnInent was compelled to
 carry on It's postal business.
 Certainly the rehabilitation O this property, the construction O proper facilities, not only helps thu present situation, but looks to greater economy in the future op eration of the government.
 Now, if these bonds were to bt issued in the regular way that thu government offers its securities, would say "No" Positively and de cisively "No"!
 But the bonds can be offered by the government direct to the peo pie, with the same patriotic appea that was put behind the Libert, bonds, appealing to their loyalty their devotion and their patriotism
 Now, don't make any mistake that if that Is done and government securities for the relief of unem ployment and for the construction of necessary public works are Is sued, they will pull out the hoardet money that is now being cared fol in the sugar bowls, between tn, mattresses, or, by the more careful in safe deposit boxes.
 If the money from the pro-
 ccds of these bonds was to be
 used in the normal way that
 the government pursues It's
 public works, 1 would again
 say "NO," because that will
 
 relief of unemployment Is con-
 cerned.
 l would therefore suggest tha congress empower the president O. the United States to appoint federal administrator of public works and put the president in position to clothe him with plenary power to cut, slash and dig through all the red tape and through tht statutory restrictions that ar' placed upon the government in the progress of public works.
 In other words: invoke all th' tactics of war, instead of dottint all the Is and crossing all the ITS and going through all the cumber some labor of peacetime perform ance when it comes to public work! construction.
 There is q great need for bond issue for highway con- structiOn.
 Because as q matter of fact the President this year recOm-
 nrended less for highway con-
 structiOn than was appro-
 prlated last year.
 Highways are easy to build. Thel do not require great plans ant specifications. They are all ready. The work can begin at once, ant I would even go so ia; as to say | would be all right to build ever tunnels and bridges in cities. wher' those cities are located on thu main arteries of the federal high way.
 Of course this involves govern ment credit.
 Let me say this. that the onl. proposal that comes from the pres l ident so far for the relief of bushes involves the credit of the govern IneTt, whether the government ts sues the bonds directly or creates corporation behind whose bond the government Is going to stand. Now, tf tt Is alI right to put
 tho credit Of the government
 behind business, let the credit Of the government lDe usf,d tO keep the wolf Of hunger from
 the d00rmst of millions M One of the depressing things Il q time like this ts eEeassive taxa lion, it PetaFds business and hold on inc indivlduai. and ! am afTsi' that our republican brethren hay not taken every step they eoul take 10 prevent the Aenelt. It is more than 70 years as that they spoke about A rsorHan isatlen ef ihe federal Eevernmen for lhe purpose of d0lng away wif! ovefla pblng and duplication of ef fort, and tha wipiHg cut ef lars boards and commissions fhht hf following each other around th