The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1936-02-22
UNCLE SAM IN
BUSINESS FOR
some Time YET
Farley Issues Warning In
First Important Reply
To Republicans
SAYS LIBERTY UNIT
"CRY BABY BROTHER"

ST. LOUIS, Feb. 90. iUP)--
Denouncing the American Liberty
League as "the little, cry baby
brother" of the Republican Ma
tional Committee, Postmaster-Gen-
eral James A. Farley issued the
New Deals first important back
fire against Republican attack last
night, and warned big business,
don't pull down the house which
shelters your ....
The chairman of the Democra-
tic National Committee, address,
ing a meeting of Missouri
Democrats, defended Roosevelt
spending as a policy successful
to a degree unparalleled in the
history of American economics"
1t absolutely is impossible, he
said, for Uncle Sam to get out OF
business for some time to come.
"The fact is," Farley said, that
if the federal government should
cease its spending Immediately,
the blow would be so cruel to in
dustry and business that the peo-
pie would condemn it as a unit.
What big business wants is not
for the government to get out Of
business but to stop its efforts to
help the farmers, the working man
and the great middle classes.
at wants 80 per cent Of the
American people to be rugged in
dividualists while it gets pulled
over the tough spots by federal
help" a.
The Liberty Leagues purpose.
Farley said, is the obstruction OF
President RooseVelt's popularity
with the great mass of American
people" ~.
SAYS LIBERTY LEAGUERS
MAKING MOST MONEY
""The Republican National COM
mittee has a little cry baby BROTH
Ell called the American Liberty
League" he shouted. "The mis-
called Liberty League, in event
you don't know it, is an organiza-
ton of multi-millionaires who are
making more money than any
group in this country.
"Let it be said in their behalf
they are making this money hon
estly. The Roosevelt administra-
ton has put an end to stock mar
ket rigging and other financial
practices by which the insiders
carry off the money and the pub
lie holds the bag :. if you be-
lieve in your heart that the du-
Pont Brothers are losing their lib
critics, then by all means join the
league" ...
The postmaster general said
every reasonable attack against
the administration would be ans
wered adequately" one at time.
For the most part, he said, I'VE
are sitting back until our politi-
cal opponents came to an agree
ment on what there is wrong
about the New Deal which has
them so wrought up and excited"
Farley cited government spend
ing as the "basic, fundamental
problem" He defined the essen
tial difference between New Deal
recovery methods and those of the
Hoover administration as an aid
to business, itself, through public
works loans and other programs
and the Hoover policy of helping
only the intermediaries-"by that
| mean the banks. railroads and
the insurance companies"
"It's very popular at present to
cry for an immediate balanced
budget and to condemn federal
fiscal policies he continued. But
the fact remains that if the fed
eral government ever moved in
that direction, the very people
who are demanding such action
would be the first to protest. And
rightly so because business would
suffer as much and more -. if
the government decided to get, out
of business"
TAKES EXCEPTION TO
HOOVER'S STATEMENT
Farley turned to former Pres
ident Herbert Hoover to castigate
him for an assertion that the Re-
publicans had the depression lick
ed in tn esummer of 1882.
81 think it was the most sensa-
tional knockout in history" he
said, land Pm wondering why he
didn't let the people in on the
secret before they went to the
polls in the following November.
"The Roosevelt administration
has rescued bushes, in this eoun-
try and we are proud of that
fact" he concluded. 1--WE re-
joice with the businessmen in their
increased profits. We have only
one note of caution. In your UNI
restrained enthusiasm don't pull
down the house which sheltered
you" gDni, 800 4.a...
- 80 $50