Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1936-08-20
CRITICIZES REPUBLICANS
Editor AskOv American:

CRITICIZES REPUBLICANS
Editor AskOv American:
The strategy of the Republican par
ty seems to be to recognize some OF
the New Deal measures as being for
the good of the country, but at the
same time advocating repeal or chang
ing most of the basic ones which
means the destruction of the whole
thing.
Considerable talk is being made
about the Republican platform being
liberal Before we swallow this it
drafting committee at Cleveland and
we find such old timers of the old
guard, the most reactionary possible
lame ducks-Ex Senator Reed of Penn
sylvania, Ex-senator Bingham of Con-
necticut, Ex-senator Fess of Ohio, Ex-
Senator Moses of New Hampshire and
last but not least Mills of New York.
secretary of treasury under Hoover.
If anybody thinks that these men are
liberals, the time has come to believe
I anything.
LandOn even went them one better
after they had written the platform,
he sent the convention telegram ad-
vocating return to the gold standard.
With the country debt ridden beyond
hope, they actually want to make
money dearer. making the debt that
much harder to pay. The Republican
party has even gone as far as to
blame President Roosevelt for the
bank panic. They claim that Presi-
dent Hoover tried to get him to CO.
operate by coming out advocating the
retention of the gold standard and
making a statement that there would
be no tinkering with the currency;
this was between November, 1892, and
March, 1888.
With all the major countries off
the gold standard, except France.
and they had long ago depreci-
ated their currency, the Republic
can party still wanted to maintain
the gold standard at all cost. The
cost was the ruination of most of
the small banks of the country; the
ones which survived did so on account
of government aid under President
Roosevelt. The gold standard ruined
the farmers. destroyed the savings of
the middle laboring class. Yet, today
they want to go back to the gold STAN
dard. In 1929 when Ex-President Hoo
yer saw the hand writing on the wall,
he could have saved the country by
mild initiation, instead of that he
ruined forever the farmers and the
middle class by maintaining the gold
standard. thereby wiping out the saw
ings of the middle class and depreci-
ating farm values, until most farms
have no saleable value.
The young farmers nowadays of
course can see what happened to their
farms and build them up. They are
content to live from hand to mouth,
very few have any desire to improve
the farms through investing their own
hard earned money. This condition
would not be if the Republican ad
ministratiOn for IL years, 1920 to 1882,
had had the intelligence and courage
to do something before it was too late.
Instead they prated about the desir-
ability of the gold standard and tied
the blue ribbon on Hoover for main
tanning it. They were something like
a great patriot Of a war, who could
see the war through even if he had
to sacrifice all his wife's relatives.
Landon, few years ago. opposed the
bank insurance act, guaranteeing the
depositors up to five thousand dollars.
Whether he has a change of heart the
platform does not indicate. But it is
a certainty that the big fellows don't
like this act. 1t prevents the peri
odical pilfering of small banks by
financial bandits, which has been go
ing on since the country was founded.
Banks went broke long before the de-
preston and the small depositors were
cleaned: up: the Big: fellows always got
7 out from under: If there was any
thing left. a. horde of crooked lawyers
land: accountants .usndlly Gissipated
) what was left: trying to: iiquidate.
Naturally with strict banking rules,
insurance, inspections, and audits
, some of the parasites who thrived or
busted" banks are out of job and
, claim that their constitutional rights
: have been violated. There is nothing
, that the financial overlords would like
, to see better than that the old rugged
. individualism be returned where they
could loot and pilfer to their hearts
content. If the Republicans get back
they will probably nullify or repeal