Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-10-24
THE r. =. c. COLLECTS
PRESIDENT ~ELATED"
HoovER's OPENING GUN
CRITICALLY FLAWS NEW DEAL
DOES HE SEEK TO RUNr
ANTS MAY GATHER
INDUSTRY AND CODES
RELIEF UNTIL NOV. IS
EMPLOYMENT DIFFICULTIES
FINAL ALLoTMENTs

The RFC has collected fifty-three
percent OF the 1864, 1888 .30S which ii
has paid for purposes other than re
lief and the financing OF other gov
ernmental agencies. Banks, which
obtained $l.S95. 7S2,0S4. have repaid
ST. eS. l15. 404. However. out OF ST.
062,V7Oy059 advanced banks through
the purchase OF preferred stock and
capital notes, only $1z1. 729,09 has
been repaid. From these figures. 1t
will be observed that the RFC ad-
vanced nearly three billion dollars to
the banks Of the country. Largely
through this aid from the Govern
ment. the banking system OF the ma
| ton continues to function.
Presidential reaction to the recent
| trip ACROSS the Continent is describ-
ed by correspondents who report him
as "elated" and convinced that the
West Is still with him as 1t was In
1882. Undoubtedly there was an out
pouring Of favorable sentiment and
an evidence of enthusiasm that indi-
Gates strong support for the Chief
Executive. Certainly. Mr.. Roosevelt
continues to be popular In the Sec
ton through which he travelled and
while 1t may be possible for some de-
vel0pment to detract from his pres
tdge, II appears reasonably sure that
unless the Republicans can develop
some agricultural program to wean
away farm support, he Ia likely to
score heavily in the West next year.
The recent speech delivered by
Herbert Hoover at Oakland, CalifOr-
mia, before the Western States Re
publican Convention was q sharp and
spirited attack upon the fiscal poll
cies of the Roosevelt Administration.
The former president insisted that
there would be no breathing SPELL
in spending and that by the end Of
the Roosevelt Administration the
taxpayers would be burdened with
unfair" government debts exceed
ing ~thirty-ive billion dollars.
Mr.. Hoover said the New Deal
perpeted "the most gigantic spoils
raid" in u history by adding $780,
900 new employees to the Govern
iment payroll. He warned that the
budget must be balanced or that the
land would be ravaged by one or the
other OF three Observation-Disclosures,
reputation or imitation" He cited
figures OF the A. F. L. to show that
there had been an increase Of only
TOO. 900 in employment since just be-
fore the 1882 election and charged
that the New Deal destroyed bust
ness confidence and until the SUI
preme Courts decision on the NRA
last spring had actually retarded re-
covery.
He asserted that his own admin
~istration first gave assurances a.
gainst any American going hungry
and organized "relief so effectively
|by cooperation OF the Federal gov
eminent with state and local author
tiles that the public health actually
improved" He charged the Demo
Gratis with breaking campaign pro-
misses to balance the budget and re-
duce expenditures
This was Mr.. Hoover's first speech
before party organization since his
retirement to private life In March
1898. Like other recent pronounce
ments 1t gave nc indication OF his in
t~enti0ns with reference to the cam
paign OF 1895, although he said that
the coming convention would be the
most vital since 1850. Speculation as
to his future course continues
Throughout the country. although
there fs no doubt but that he Is de-
lvotiIg most Of his time and thought
to an effort to beat President Roose-
welt in the next election
While making no move to take
himself out OF consideration, the for
mer President regards himself as the
titular leader OF his party and will
vigorously resist any attempt to
crowd him out of the position. More
over he ia apparently organizing his
forces for the purpose Of building up
his influence and has recently hired
his former publicity agent, Ben Allen
who steered him to national fame IN
the days Of the Belgian food relief
and the wartime food control. Those
close to HIM cay that his ~correspon-
dence averages one thousand com
munbcations q day. Generally, his
carefully prepared attack on the New
deal wal regarded in Republican
quarters as thorough, concise and ef-
fective.
An effort to stage a national con.
ference In Chicago or Washington
by Republicans, Democrats and Inde-
pendents opposed to New Deal prin.
ciples Is being fostered by Walter f
ledge, former Governor OF New Jer.
sey, U. 8. Senator and Ambassador
to France, and the movement Is said
to have the support OF Chairman
FLETCHER OF the Republican National
lCommittee. While Mr.. Fletcher will
not Issue the call. the idea IL that the
conference could be assembled by
lmembers OF the committee in CON
junction with Independents. Among
those suggested for Invitations are
IHenry Ford. former Governor Ely Of
Massachusetts. Supreme Court Jus
ttce william PattenEall OF Maine
Lewis w. Douglas and former Cover
nor Richie Of Maryland. Whether
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