Evening star., 1934-01-14
FOES OF NEW DEAL
WARNED BY FARLEY
Is Confident Public Will Re-
iect Congress Members
Opposing Program.
Continued From First Page.)

the public works that are being exc
cuted under the new dispensation are
not urgently necessary" but asserted:
How much better it is to have an
excess of roads, or bridges, or public
buildings, or flood prevention or forest
preservation work, or any of the other
improvements involved, than to hand
out the money in doles, as has been done
by various other nations, and SO Gre
ate a permanent class of pensioners
The Democratic national chairman
said he is proud that the executive
who has shown himself capable of deal
ing with this desperate situation is one
Of my own political faith" but added
'the credit for the improvement cam
not be claimed for my party alone"
I'VE were fortunate" he said. that
We had a Congress with sufficient vision
to perceive the grim character of the
emergency and with sufficient faith in
Franklin D. Roosevelt to give him the
strongest cooperation ever accorded a
times. My hat is off to my political
opponents for their part in that per-
Torrance.
Confident of Present Session.
Moreover. I am sure that the pres
ent session of Congress will be as in
dustrious and loyal and unselfish as was
It's predecessor"
Those voices which were raised
against the Presidents programs Far
ley described as coming mostly from
"crusted old guardsmen and standpat-
ters-men who still talk and think in
archaic and Worn-out terms men who
nVNn II 1of1 h,yt
bubble and grumble in dull PARTISAN
ship and creak their ancient party op-
position to whatever is being offered" J"
Venturing into the field of prophecy,
Farley predicted that the people will.
at the first opportunity, take care Of
the cases of those who seek to embar-
rass the President and make his tasks
more difficult. We have an election of
Congressman this Fall. and I will miss
- guess if the names of the men to
whom l have been referring are not
missing when the roll is called con-
vening the Seventy-fourth Congress"
There are two schools of thought
concerning the Presidents course in
regard 10 gold he said There is the
old bankers school that approaches the
subject entirely from the standpoint Of
what it means in terms of the Securi-
ties locked in their safe deposit vaults.
Then there is the other school, the
proponents of which in and out of
Congress believe that all the Govern
ment has to do to right conditions is
to start the printing presses and run
off an indefinite number of billions of
dollars with nothing behind them.
1T seems to me that the President
very wisely adheres to neither school.
He is not going to sacrifice the ad-
vances which have occurred in COM
modify prices by taking the views of
the international bankers. nor is he
going to spread his sails before the in
f1ation gale, with all the perils that
beset such a course.
For my own part, I do not pretend
to be an authority on the subject
know the President is such an author
ity. know he has plumbed the depths
OF all the arguments. I know that his
policy comes from a ripened judgment
and do not think that any of us need
fear that where he has been right so
often he is likely to go wrong in this
particular field"
1t is my earnest belief" Farley con-
cluded. that under his leadership we
shall in good time come to a full
realization of the hopes and the ambi-
tons of all good Americans for a
restoration of our countrys prosperity.
and for the greater happiness of all our
people"
His address was carried over a net
work Of the National Broadcasting Co.