Evening star., 1932-10-05

every home. every city, village and
farm.
We won this great battle to protect
our people at home. We held the Gil
braltar of world stability. The world
today has a chance. It Is growing IN
strength. Let that man who COM
plains that things could not be worse
thank God for this victory and make
reverent acknowledgement Of the cour-
Democrats Assailed.
Let's be thankful for the presence in
Washington of Republican admins
tration l say this with full considera-
tion OF its portent for I wish to call
your attention to the part which the
dominating leadership of the Demo-
cratic party has played in this great
crisis I wish TO bring before you the
real doctrines and program Of the men
who then and new and in the future
will dominate that party.
You will recall that the congressional
election two years ago gave the control
OF the Lower House OF Congress to our
opponents They were also in a posi-
ton to control the policies Of the Sem
ate. After that election their leaders
announced to the world that their party
would present program to restore pros
perity. One year later. when the new
Congress assembled last December IN
the midst OF this crisis they presented
no program.
The administration did present pro-
gram which has saved the country from
complete disaster. That program was
patriotically supported by many mem
Ders Of the Democratic party who joined
in enactment OF these measures. To
these men who placed patriotism above
party l pay tribute, but later In the
session the opposition majority OF the
House Of Representative could not re-
strain their real purposes and doctrines.
1t is of importance that the country
realize what that program was. for the
American people are asked TO intrust
the future OF the United States in the
hands Of these same men and to these
policies
At time when the most vital need
was for reduction in expenditures and
balancing OF the budget 70 preserve the
stability Of the FEDERAL Government as
the keystone Of all stability they pro-
duced a program Of pork barrel legis-
lation in the sum Of $1,000 100000 for
non productive and unnecessary works
at the expense of the taxpayer. They
produced the cash bonus bill They
passed that through the House OF Rep
resentatives by their leadership. ] op-
posed IT. II failed to pass the Senate.
Under that bill It was proposed TO spend
81 1000 600. Worse still, the bill they
passed provided the bonus should be
paid through the creation of sheer fiat
money They would have made our
currency foot ball Of every speculator
and every vicious element in the fnan-
cial world at the very time when We
were fighting for the honesty Of the
American dollars.
Quotes Daniel Webster.
I can do no better than to quote
Daniel Webster. who 100 years ago
made one Of the most prophetic state
ments ever made when he said, 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 calculate for
the future. The prosperity OF the
working people lives. moves and has its
being in established credit and steady
medium OF payment
The experience of scores of govern
mentS in the world since that day has
confirmed Websters statement, and yet
the dominant leadership of the Demo-
cratic party passed that measure to
issue paper money through the House
of Representatives.
And, further, the administration pro-
posed economy measures to bring about
reduction in specialized Government
expenditures b. $500 900 900. When
those recommendations had passed
through the filter of the Democratic
majority in the House only s50,000,000
Of savings were left Yet We hear many
speeches from them upon economy.
They passed a bill to destroy the ef-
fectiyeness Of the Tariff Commission.
I vetoed that bill
They passed price-fxing bill, Great.
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