Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1933-01-12

we can all rest assured it was good
who take their places will get away
from this know-all attitude and
buckle down to the problems that con-
front us. Noticed Minnesota made a
good cleaning too, undoubtedly several
normally good men were not returned
to congress for no other reason than
they supported Mr.. Hoover, whenever
a representative of the people thinks
he owes more to party loyalty than
to his constituents, it is time to re-
move him.
| 1t only took Mr.. Hoover two days
to recover from his set back, until he
was in mischief again, trying to put
the rush on debt cancellation, while
the people were rejoicing over the
election. The money powers of the
country all want debt cancellation,
the U. S. Chamber of Commerce, In
| ternational Bankers, etc. This in
order to make their private loans
good and so that they can make more
loans. If they had put this over we
would have ten billion dollars more
debt to pay. The idea now is to pass
sales tax and in that way the COM
mon people will be paying off the
European debt as we'll as our own;
in fact we already have a sales tax
every time you buy a gallon of gaso-
line or a quart of oil we pay fed
| eral tax; this in addition to many
other items was passed last session of
Congress. 1t is an opening wedge for
what is to come.
Everybody, it is presumed, has
read the presidents recommendation
to congress. This message stands ace
high for reactionary piece of legis-
lation that / know of. 1t intends to
eliminate the pensions granted to dis
abled soldiers of the World war who
cannot prove their service disability
! through lack of documentary evil
dence; also many other privileges of
the Veterans of Civil, Spanish and
World war are to be curtailed or
eliminated. 1t is hardly necessary
| to say that if this compensation is
taken away from disabled veterans,
they will be thrown back as ward
on the local community. 1t is also
proposed to curtail public work funds
nearly fifty per cent and this will
throw more men out of meager en-
ployment. That many more unem-
ployed to contend with, social well
fare work is to be curtailed and in
general President Hoover's message
/ strikes at all the advanced human
welfare legislation passed within the
last twenty years. Such is the great
humanitarian we have heard so much
about, but whom | presume most of
us have pretty we'll got sized up.
Balancing the budget has got to
be slogan, but there is a distinct
mercenary reason behind this. The
best minds have at last become afraid
of government bonds, any further is
suances of federal bonds would bring
down their value. The federal gov
eminent bond issue now is about
twenty billion and the holders of these
bonds, who are of course the rich
don't want any more issued. They
want to keep them at par as well
as the gold standard In force. If they
can do these two things they can
keep ninety per cent of the people
in poverty forever. Through sales
taxes the common people would be
paying interest on a dead horse for.
ever. 1t is impossible to pay off the
outstanding debt under present con-
ditions.
1t may look as if there is nothing
that can be done. This is not So
the remedy is initiation of currency
bringing down the buying price Of
money. Of course the money inter.
ests of the country fight this to the
last ditch, they point to Germany and
other countries who inflated out o.
reason caused mostly by World wal
PREPARATION which was set at such 6
high figure that it was impossible tt
pay, nobody with any sense whatso
ever thought that Germany could pay
the reparation agreed on at the Yer
sailles treaty. But our best minds
say nothing about France Initiating it:
currency until the paper franc Is only
worth four cents, while the gold franc
is worth twenty cents. Yet France In
flated it's currency until it went dowI
to four cents. They then paid Of
: their internal Indebtedness, and II
the course of fourteen years have
built up the destroyed towns of north
ern France, and besides are the rich
est country in the world today, the,
have more gold per person than We
have, very little unemployment ant
suffering. France of course has no
the resnlrceS we have hut they USED