The Waterbury Democrat., 1934-10-18
New Deal--A Grab Bag Declares Sen. Walcott
No Other Country Inddging in Spending Orgy to PrO-
 mote Recovery Generation Mortgaged

Bfidseport. oct 1s--That tho American people have bought a grab.bag. . perpetual surprise, which is keeping us bewildered and excited and getting us precisely mo- where was asserted by U. s. sen- atcr Frederic c. walcott, republi- can nominee, fin an address here tonight at a rally at Central high school sponsored by the Fairfield County Republican women's asso- ciation.
 Senator Walcott sees ''grim hu- nor in the fact that the title for the grab-bag--the new deai-has been borrowed from card games. ' He points out that none of the countries Eve are trying to keen up with' has made recovery fhe excuse for a spending orgy. And none of them, he declared, has had like the new deal.
 The senator spoke. in part as follows:
 "Tn the course of our progress oyer hurdle after hurdle in the way of experiment., it might be we'll to pause long enough to find out just where we are heading and whether We are getting there. The astro- nomicai national debt we are piling up as rapidly as we can in the creation of gigantic bureaus for ex- pefimental purposes is the price we are paying for something or other. What is 1t, and how good bar- gain have we struck for 1t? The answer is that we have bought a grab.bag, a perpetual surprise, which is keeping us bewildered and excited and getting us precisely nowhere.
 There is grim humor in the fact that the title for this grab-bag has been borrowed from card games. A new deal in any card game is nothing more than a redistribution of cards following a perfectly blind and random shuffle. It may result in much worse hands than any which preceded 1t. however poor any of those hands may have appeared to be. The only thing we can be sure of is that 1t will be diff ferent, and that Is about as much as we can say for this colossal po- litical new deal, for which we are mortgaging generations of our descendants. It is distinctly dif- ferent from anything that has ever been tried before and found suc- cessf,il, and that is all.
 "It is certainly having nothing but an adverse effect on our eco- homie recovery. There is clear evidence that what recovery we have enjoyed has been in spite of, and not because of the antics of the administration Since this ad- I1inh ration went into office, the Unit | States has passed more lAwsA labelled recovery than any othkr Country in the world and has spent more money per capita for reeovefy than any other country in the world. Meanwhile, world wide recovery began in the sum- nsr of 1882. The pace of that re- covefy has been slower in the United States than in any other leading country.
 ssTo quote the index of industrial preauction prepared by the League of Nations, Canada recovered 12.9 points during the year 1883; Ger many recovered 16.1 points; Great Blataifi, 10.2 points: Japan, 10.6 points; Sweden, 16.4 points. The United States recovered only 7.2
 'sTa-ing the industrial produc. ti2A of 1928 as 100. in March. 1884, Great Britain, Japan and Sweden were above their 1928 pro- duetion, but the United States stood at only 75.7. which was lower than the standing of any important covntry except Belgium and aeEhcslOvakia. Germany stood at sA, and France at s1.
 ''This Is q record of failure. Fur thsrfnore, the highest level of bus iness activity in this country that has been reached since recovery got under way was in the summer of 19SS. before the various agen- cies cf production control had started US down-grade again. The Ayer~ Se citixen may or may not be better off than he was a year ago. but, taking the records of those countfiSs which have let Nature