Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1936-06-11

ASKO
tions. When the New Deal came into
power all the banks were closed. Steps
were Immediately taken to reopen
them and at the same time prevent
further losses to the depOsitOrs. This
was done by federal financing and
bank insurance. A person now is per-
fectly safe to put his or her money
in most banks as they carry insurance
up to five thousand dollars. This in
surance was generally fought by the
Republican party and the reaction
aries.
\ The Insurance Act is strictly New
Deal measure and will probably be re-
pealed if the Republicans regain
power. The Republican party wants
to pass it on to the states. They know
perfectly we'll that the states are not
powerful enough to handle bank in
surance, and besides there would be
48 different kinds of insurance, each
state having its Own-all conflicting.
Mr.. Hoover, when he took office in
March. 1929, talked for about an hour
about crime prevention. etc. However,
he opposed such an organization as
the Omen with federal power. He
again wanted to pass the buck to the
states. each state having different
laws. None have jurisdiction in an
other state, the criminals of the coun-
try found it easy to evade the law.
Consequently crime increased.
1t was only when the New Deal
came into power that criminals began
to fear the law and they have been
practically exterminated as far as
gangs are concerned. If the Repub-
lican party gets into power again they
will probably pass the buck back to
of the country will laugh up their
sleeves and commence operation
again. The New Deal has retarded
crime; under the old deal it became
worse.
When the New Deal came into pow
err the unemployed were eating out of
garbage cans. Relief was not organ
lied and only the most greedy and
vicious could get near the trough.
Relief has now been organized and is
working more satisfactorily. The Re-
publican party wants to turn relief
back to the community. They know
perfectly we'll that the average COM
munity and city have not the power
of taxation to raise enough money to
take care of relief. This has time
and again been demonstrated
They may say turn the federal funds
over to local officials and let local
government use federal funds. 1t
politicians to spend federal appropri-
ated funds. Don't fool yourself in
believing local politicians are more
honest than federal. This is fallacy
that you would hardly believe the Re-
publicans themselves would fall for.
When the New Deal came into
power the farmers were in a terrible
shape in every way. Corn sold for as
little as Is cents a bushel. You could
buy a beef for about SIS, hogs were
down to 3 and cents, and every
thing about the same way. 1t must
be remembered that when Mr.. Hoover
came into power he established
half billion dollars trying to stabi-
lie. He failed. Are we going back
to system like he tried, or are we
going to stick to system that has
partially succeeded? No matter how
rotten conditions are now, as far as
the farmers are concerned, they are
still better off than they were under
Hoover and better than they will be
if the Republicans regain power.
Considerable credit is, given Mr..
Hoover for being the founder of the
Reconstruction Finance Corporation.
However, it was only when the New
Deal came into power that this cor
poration started to function properly.
Under Hoover the money went mostly
to the large banks. For instance
there was the Dawes loan of some 80
millions, which l criticised in these
columns about four years ago, and
was told by my Republican friends
IidI L oIu llOC hIlOW WlldL L was IdIh-
ing about. According to the papers
this loan has cost the federal govern
ment ten million dollars and then
they had to sue to recover part of it.
After all l probably. knew little
about that kind of financing which
was apparent on the face of it. When
the big fellows got in trouble the Re-
publicans wanted the government to
help them out, when the little fellows
got in trouble, let nature take it's
course. They will do the same thing
again.
In regard to labor, the Republicans
again believe in letting nature take
its course. When labor is laid off,
they have nothing to offer them, only
to tell a poor old broken down work
ing man, that things will come out