The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-18
THURSDAY. APRIL "a. 1895
TUT. TUT. TEDDY


~ voi think the New Deal is a flop because
i it has not whistled in the millennium over
NIGHT inst take A look at some Of the alterna-
tives. For instance. the old guard Theodore
Roosevelt Jr. sounded the keynote on his re-
election as president Of the National Repub-
lcan Club
We doubt that he is representative OF the
Republican rank and file, but ne does speak
for many party leaders. Here is his indict-
ment Of the Administration and his Republican
"credo." offered in place Of the New Deal
They have usurped the functions of Con-
gress." he cries. This from the party organ
izaton which voted in Congress with Demo-
ocrats to give President Roosevelt emergency
powers TO meet the Hoover depression.
They have broken down the civil service
and Installed the spoils system" This from the
party organization which operated through the
Ohio gang. Dr. Work. Claudius Huston and
Walter Brown.
They have placed over us an army OF
bureaucrats to spy on our actions. They have
attempted to regulate the details of our lives"
This from the party whose Administration used
an army of shoppers and wire-tappers.
THEY have crippled the small business man
and fostered monopoly" This from the party
organization whose last President was the pet
of the power trust. whose Secretary Of the
Treasury was the aluminium trust. whose cam
paign contributors we're the master monopo-
lists of the country whose adviser was the
fffNf1r l1iol1
made the antitrust laws dead-letter
"CTNHEY have tempered with the currency"
This from the party organization which
took currency out of circulation, stopped wages,
and wiped out the peoples savings.
They have made no attempt to balance the
budget" This from the old guard which set
boarded wealth above relief of the starving.
They have repudiated government obliga-
tions." This rom the group which denied its
obligation to ,otect the peoples money from
msound banks and stock market .riggers and
its obligation to make work for the jobless
They have destroyed and limited our farm
crops and forced us to buy from foreign
countries" Under Hoover, farm income fell
to bcggary. While the present Administration
has increased it nearly two billion dollars.
I'VE charge that it Che New DeaD is de-
stroying us both morally and spiritually and
and running us materially" The last Ad-
mimstraton left the nation at its lowest point
of spiritual hopelessness and material de-
preston; the present Administration has
brought new hope to America and raised the
index of business activity from 63 in March,
1888, to IS today.
But perhaps it is unfair to judge the G. o.
P. leaders by past failures or by their partisan
attacks on the New Deal. Perhaps they have
better program for the future
Read Col. Roosevelts self-styled credo. and
you will find it the same old gold-brick of gen.
eralites. 1t is neither definite, nor construct
i've For instance:
We hold that recovery must be our first
objective. We hold that recovery can not come
without confidence" Who doesn't?
We believe in privately operated business
unGer government regulation where neces-
sary. not in government operation" So Pres
ident Hoover said when in Office. What about
all the privately operated businesses which
went bankrupt and the cycles that ieopardized
all business through lack of adequate regula-
tor? What form of government regulation of
private business does the G. o. P. offer in
order to prevent government operation by de-
fault? What about the banks railroads and
other enterprises which the Hoover Admin
istration had to save through the RIG?
"WTE hold that there must be an ever
increasing diffusion of wealth among
those who merit it by industry and thrift . -
Difused wealth through higher wages or taxa
ton? Apparently the G. o. p. leaders favor
neither, nor any other definite method.
I'VE stand for sound currency and ball
anced budget" There are two ways to balance
the budget by eliminating the vast expendi-
lures for relief and business pump-priming. or
By much higher income and corporation taxes.