The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-04
c. 0.P.LEADER
LISTS PROGRAM
FOR RECOVERY
Sound Money Deposit and
Job Insurance Win
Support.
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BIZ United Prrss
WASHINGTON. Jan. 4. - A %
point legislative program for recov-
cry was offered by Bertrand Smell
House Republican leader, after con-
ferences with party members yes
Leroay.
Balancing Of the budget, sound
money policy, permanent insurance
OF bank deposits, a protective tariff
strengthening Of the antitrust laws
and taking the profits out Of war
were favored.
Unemployment insurance to be
paid for by state. employe and en-
ployer contributions rather than
through Federal aid was proposed.
We do not propose in advance to
condemn every proposal of the
House ma jority. but as far as I am
able to speak for the minority We
Will meet each legislative proposal
with open minds" Mr.. Smell said.
Program Is Outlined
The program:
Il. We favor the restoration Of
the three coordinate and separate
branches of the Federal Govern
ment, the legislative, the executive
and the judicial .
y. We stand for Government by
laws passed by the regular consti-
tuted body for that purpose, and
oppose this extravagant, bureau
cratic Government of the present
Administration. that has already
issued 10000 executive orders that
have the force of laws.
3. We favor the immediate re-
turn of all the legitimate powers of
the states to the states and the sub
divisions thereof.
a We advocate an honest and
speedy balancing of the Federal
budget.
5. We favor a sound and stable
money policy, both at home and
abroad.
Bank Deposit Insurance
IS. We favor permanent insurance
of bank deposits.
7. We stand for restoration of
the merit system in Government
employment.
g. We believe a protective tariff
on all competitive products and
strict enforcement Of restricted i'm
migration is essential to American
labor.
80 We favor abolishing all child
labor and the sweat shop system of
contract labor.
40. We favor strengthening, not
weakening, the antitrust laws.
al. We stand for honestly con-
Quoted private business and oppose
the Government entering the COM
petitive field of private enterprise.
Business Loans Favored
"12. We favor as an emergency
measure for the relief of the unem-
ployed. liberal loans to private bust
ness at a low rate Of interest as
opposed to the many waSteful and
extrayagant expenditures now being
made and without the restrictive
features now imposed by the Recon-
struCtion Finance Corporation in
making these loans.
"13. We favor a liberal legislative
policy toward veterans of all wars.
IA. We favor every effort to take
profits out of war and to promote
continued world peace.
rs. In time of war. we favor the
principle of the universal draft.
10. We favor ample care of the
needy. aged and unemployed. but
maintain that the responsibility of
administering this relief should be
left with local communities.
1T. We favor the principle of job
insurance to be paid for by the en-
ploye, the employer and the state
"1S. We favor the principle of old
age pensions and assert that both
of these subjects are primarily state
functions and obligations.
''19. We favor and will support al
sound legislation to restore agricul-
tural buying power and to enable
the farmer to refinance himself, and
further believe that the adminiStra-
ton of agricultural legislation
should be placed, as far as possible
in the hands of the farmers them
selves rather than under a bureau
crazy in Washington.
30. We believe in freedom of
speech and in freedom of the press
and in freedom of the radio for the
discussion of national questions"