The Washington times., 1936-10-24
WON'T CATE
TO FINANCE,
He WARNS
Executive Abandons
Strenuous Stamping
Until Next Week
BY GEORGE DURNO
International News Service

VdL6 euISTpElSS dIlu pIOAlLp puG
warning that his Administration
did not intend Ito purr against
the legs of high finance" rested
temporarily on his political oars
today.
A final campaign sally will take
the President into New York city
WilkeS-Barre, Harrisburg, Philadel-
phia, Camden, Wilmington, Brook.
Ign and back into New York city,
but this does not start until the
middle of next week.
DiscOntinues Stamping
In limiting his last-minute cam.
paigning, the President was guided
by his managers, who assured
him he will be reelected and urged
strongly that he discontinue his
strenuous stumping.
Speaking over the radio to a
series of business mems dinners
last night, the President again
outlined his philosophy OF the
relationship between government
and private initiative.
Then he warned that the coun-
try should never again return to
"individualism run wild, to the
false promise that American bust
ness was great because it had
built up financial control of in
dustrial production and distribu-
ton in the hands of few indi-
vidualS and corporations by the
use of other peoples money;
that government should be ever
ready to purr against the legs
of high finance; that the benefits
Of the free competitive system
should trickle down by gravity
from the top to the bottom; and
above all that government had
no right, in any way, to inter-
fere with those who were using
the system of private profit to
the damage of the rest Of Amer
lean citizens"
Hits MOnOpolies
The President declared that no
administration in history had
done as much for business as his
although it might we'll have
folded it's hands back in 1888
and let deflation take its course
until all but a handful were
wiped out in bankruptcy.
This handful of the strongest
who would have survived-the
President called them "monopo-
listic business men"-were parti-
cularly censured by Mr.. Roosevelt.
Asserting they not only had under
taken to aSsimilate economic
control of business, but political
control of the Government as
we'll, he said:
But we not only have freed
government from their domino
ton; we are now freeing bust
ness also from their domination.
We have lOOsened the grip Of
monopoly by taking from mon
OpoliStS their chief tOOlS-the
devices of high finance"
TO SPEAK AT HOWARD
The New Deal having resolved
that politics should be kept out
of business, Mr.. Roosevelt said
it was equally important that
business refrain from coercion
in politics" He cited as an ex'
ample of the latter the efforts Of
"a few employers" to spread
"half-truths' about the social
security law and thus get out
of paying their share of the bene-
fits which will accure to the EN-.
ployes.
The Presidents next public
appearance will be here in Wash
ington on Monday, when he par
ticipates in dedication Of a new
building at Howard University
Federally-endowed Negro educa-
tional institution. It was con-
sidered likely his remarks on this
occasion would be politically sig
nificant because the Democratic
high command is making a par
ticular drive to win the Negro
vote.
Invades Pennsylvania
On Wednesday, october %, the
President will speak at the fiji.
tieth anniversary ceremonies for
the Statue of Liberty in New
York Harbor, but his secretaries
insist the address will be 100
per cent nonpolitical."
Leaving New York late that
night, however, the Executive will
begin a final drive to pick up
votes in the immediate East.
He will invade Pennsylvania,
New Jersey and Delaware on
Thursday, october 20. At
Wilkes-Barre he will make rear
platform speech in connection
with the mine regions celebra-
ton of John Mitchell Day"
Another informal address will
be delivered from the State Capt.
toll steps in Harrisburg. He will
parade through Philadelphia to
Camden, N. j., for a speech in the
latter city, and on his way back
to Washington will stop at Will
mington, Del, for a rear-platform
appearance.
Friday, October 80 will find Mr..
Roosevelt in Brooklyn speaking at
the Academy Of Music. The fol
lowing night he will make major
address in Madison Square Garden,
Gaping his whole campaign ap-
peal, and then retire to Hyde Park
to vote. AS is customary, the night
before election he will make final
radio talk.