The Waterbury Democrat., 1934-10-30

ScoViti ME Co is laying up two per cent of its wages to all em- ployes for pensions and not charg- ing them cent. But he said he appreciates 1t is inadequate in view of the extent of the present de- pression.
 Surplus Tax
 The speaker said another propos- al for the next congress isrthe tax ing of surpluses in industries. He declared he fought such a proposi- ton single-handed in the last congress and it was beaten for even progressives like LaGuardia agreed with him when he explained the unfairness of such an issue. Ho said surpluses were assets of the stockholders, and dividends were paid upon them. The surpluses also are sect aside to tide indus tries over depression periods ana guarantee wages to workers. If as tax were to be put on the sur tpiuses, Mfr Goss said, the surpluses would be distributed to stockhold- CTS to avoid taxation and there would be nothing left to pay wages when hard times strike the coun- try. ~f
 Posterity Must Pay ..
 Judge John F. McGrath said he believed. Roosevelt hopes for a greater proportion of republicans in the next congress so as to sup port him in his vetoing of radical legislatoin that is sure to be passed by some of the democrats. He said he did not believe the un- employment relief system of the ,~rau1vk sck ttnn L. Sofn p- tory to everyone. He pointed out government which our grandchil- to pay off. What everybody wants is well paying jobs which cannot be expected as long as industry does not have confidence in the present administration, Judge Me- Grath declared.
 2 Attorney Walter D. Makepeace, candidate for judge of probate de- c)ared that if effective legislation is to be assured it demands the election of the full republican q ticket. Floyd Rasmussen, candi- date for senator said he feels the public is ready for a change. He believes the people, he said, are of the opinion that relief has not been equitahly and fairly distribut- ed. He said the only way to pro- tect ourselves in the Naugatuck valley is to elect Congressman Ned Goss because he is for protective tariff, the life blood of our indus tries.
 Waterville Rally
 Frank H. Bailey was chairman of the Waterville meeting with c. Arr thur Dubois and Mrs Phoebe En- mons also speaking. Lieut-Colu Roy E. Rice was chairman of the Bunker Hill meeting. Mrs Flor ence Sherwood, candidate for state representative, said if elected she will work for welfare legislation Mrs Florence Webster, member of the board of educatoin told of ef- forts of republican leaders toward uplifting education in Connecticut. John Cam was chairman of the negro rally. Attorney Fred Drew of Hartford and R. R. Burt of New Haven were speakers. Frank Rossi, president of the Young Mems Italian Republican club opened the rally sponsored by the club. Pas quale Perrielo, former alderman was toastmaster. Vice-President Michael J. Galullo, Attorney Charles J. Summa, Ernest L. Clyde, candidate for state representative, Attorney T. V. Meyer, Attorney Mitchell G. Meyers, Attorney George J. Crocicchia, candidate for senator were speakers. All urged the election of republicans by vot- ing the straight ticket next Tues day. Several of the speakers de- tended the qualifications of Hugh M. Alcorn, candidate for governor, pointing out he was highly honest and fair in his dealings. Enter tainment was furnished by the Mondana family trio, Bereccfs Hill Billies. Michael Di Carlo, Mf- chael Di Crostan and Cosmo Ven- detti