The border vidette., 1933-03-11
PLAN FOR SILVER NEEDED

seemed the rankest radical!sm.
Now similar proposals are find
ing the support of conservative
, business leaders.
The world has changed much
in short time. We have found
that gold is not capable of keep
ing world commerce constantly
il motion. We have seen ruin.
Gus silver prices destroy the pur.
chasing power of whole coun
tries and thrust world trade
down TO the point of disappear
ance. And we have come grad
ually and logically to the belief
that necessity of recovery is a
fair and unbiased study of the
entire monetary problem and the
creation of plan to give silver
stability and permanent value.
false belief that public Office and
high political position are to be
valued only by the standards of
pride Of place and personal pro
tit; and there must be an end to
a conduct in banking and in busi
ness which too often has given
to sacred trust the likeness of
callous and selfish wrongdoing.
Small wonder that confidence
languishes. for it thrives only on
honesty, on honor, on the sacred
ness of Obligations, on faithful
protection, on unselflsh perform
ance: without them it can not
live.
Restoration calls, however, not
for changes in ethics alone. This
nation asks for action, and action
now.
! Our greatest primary task is to
put people 10 work. This is no
unsolvable problem if we face it
wisely and courageously. 1t
can be accomplished in part by
direct recruiting by the govern,
meut itself, treating the task as
it would treat the emergency OF
q war. but at the same time
through this employment &C
complishing greatly needed pro
j:cts to stimulate and reorgauize
the use of our national resources
Hand in hand with this we
must frankly recognize the over
bulance population in our indus
trial centers and, by engaging
on national scale in a redistri
button, endeavor to provide a
better use OF. the land for those
best fitted for the land. The
task can be helped by defnite
efforts to raise the values OF
agricultural products and with
this the power to purchase the
output of our cities. 1t can be
helped by preventing realistical
~ the tragedy of the growing
loss through foreclosure, of oul
small homes and our farms. L
can be helped by insistence thai
the federal, state and local gov
ernments act forthwith on the
demand that their cost be dras
tically reduced. 1t can be help
ed by the unifying or relief &C
tivities which today are Otter
scattered, uneconomical and un
equal. 1t can be helped ~ na
tional planning for and supervi
sion OF all forms of transporta
ton and of communications anc
other utilities which have de
finitely public character. There
are many ways in which il car
be helped. but it can never be
helped merely by talking abou
it. We must act and act quickly
Finally,in our progress toward
resumption of work we req sire
two safewards against a return
OF the evils OF the old order
there must be a strict supervi
sion Of all banking and credits
and investments; there must be
an end to speculation with Other
peoples money, and there mus
be provision for an adequate bu
sound currency.
These are the lines OF attack
| shall presently urge upon {
new congress in special session
detailed measures for their ful
fillment, and | shall seek the im
mediate assistance OF the severa
: states.
Through this program Of &C
ton we address ourselves to put
, ting our own national house i,
order and making income bal
, ance outgc Our interuationa
| trade relations though vsstl,
important are in point of tim
and necessity secondary to tn