Red Lodge daily news combined with Carbon County news., 1934-05-30

cept that it is II times as plenti-
full, making the ration IA to l.
The editor is an ardent supporter
of ~bimetalism and advocates use
of both silver and gold as q basic
money for payment of both pub
lie and private debts.
He said that he would also sup
port the reclamation and colonial
ton of surplus lands in Montana
to provide homes for the unem-
ployed so that men will have a
place to make a living for their
/ families and be disappearing. He
advocates that the government as
sist in the development of mineral
resources, giving assistance to
small mine operators and in this
way increasing the wealth of
Montana.
An embargo on everything from
all foreign nations who default on
their war debts to this country is
advocated on Mr.. Shelley's plat
form. "This is the only language
which foreign countries under
stand" he declared. The editor
would also advocate a protective
+, tariff based on American valuation
, to protect American labor and
capital and to create employment,
Mr.. Shelley holds that as long as
the American people import goods
and raw materials that can be
, produced in plenty on our own
shores there is little chance that
American unemployed will go
. back to work.
On matters of government fl
/ nance, Mr.. Shelley advocates the
government taking over the fed
eral ser system or establish
its own system, issuing its own
. money instead of paying interest
to the federal reserve bank. I'm
, der this plan, he said, the govern
ment would finance itself. He stat
ed that he would further advocate
the loaning of money to farmers
at the rate of three per cent in
. ~terest, two per cent to apply on
the principle to be amortized over
a period of years and using the
: security as a basis for the issuing
of treasury notes to finance such
i loans.
I Declaring that World war vet
veterans service certificates must
: be paid in 1916, so why not pay
them now?" The News editor
{ said that he favors immediate
: payment of the adjusted certifi.
Gates to the war veterans. Under
his plan the government woult
y take the certificates and use then
as a basis for issuing treasury
= notes for such payment. He de-
! clared that this is an obligation
: already incurred and that by this
: way so per cent of the adjusted
: service certificates would be con
sumed, interest going to the fed
eral reserve banks and not to thu
~ex-service men, putting money in
: to circulation where it is mostly
u needed and without a single CEN
of cost to the government.
I'll Mr.. Shelley stated that he woulC
continue to be a supporter Of gooC
roads and would advocate a high.
!, way program to continue the fed
:, eral aid system, including a farm
to-market program that would
continue until all Montana high
i ways were completed and "ever.
farmer out of the mud" Thii
would be real farm relief, he de
clares. He would also support ;
n farm program that would be mor'
j favorable to farmers. He look
especially towards aid for thu
small farmers, who, he says
- should be encouraged to plant ant
4. prosper, and would curtail tn
large operator, who cultivate
thousands of acres and creates
It surplus. 1t is not so much a mat
d ter of overproduction, he said, a
it is Of underconsumption, and un
r derconsumption will continue unit
at this nations fifteen million unem
ID ployed are given productive EN-
ID ployment at living wages and of
is government payrolls.
D. He said that he would also fav
or passage of a law in peace tim
KS making it mandatory upon tn
president of the United States t
re conscript all profits during tn
40 duration of the war, but woul
favor an adequate army and nav
ed second to none for defensive pur
is poses. With the profit taken on
IN of war, he declared, there woul
a be no wars.
n He would also advocate reduC
d. ing the activities of the govern
ment is useless departments, stat
is ing that there were more peopl
ce now on the government payro,
than there were at any time dur
ing the peak of the World a
~ BEARCREEK COACH GOES