The Waterbury Democrat., 1936-09-30


 Spangler waste, extrava- gance, debt and taxation that the people of this nation have ever been asked to bear.
 In his, speech accepting the Re- publican nomination, Governor Landon declared:
 We must be freed from eXces- sive expenditures and crippling taxation While spending bil- lions of dollars of borrowed money may create a temporary appear ance of prosperity, we and our chil- dren, as taxpayers, have yet to pay the bill. For every single dollar spent, we will pay back two dollars Our party holds nothing to be of more urgent importance than putting our financial house in order. < For the good of all of us, we must re-establish responsibility in the handling of government finances"
 
 Charges Waste, Heavy Taxes
 The record of the New Deal from beginning to end has been one of excessive expenditures and crip- bling taxation. One has produced the other. That is what Governor Landon meant when he called upon Z the New Dealers to Stop this fumb- ling with recovery" He meant, as well, Stop this profligate waste of the peoples money!"
 When a government follows a "rebbing Peter to pay Paul." policy in its national financing, the day of ; reckoning cannot be long delayed The load is already so enormous that even though the government taxes to the utmost limits the in comes of those best able to pay, { tho average taxpayer will still have to bear the major part. .
 What the New Dealers have done is easily understood. They have simply spent twice as much money as they have received. During the three years ending July 30, 1886, they spent $24, 4,362, ,000, ,000. The fed- eral governments income was only $iO.SS2, ,000, 900. The combined New Deal deficit exceeds $13, 3,530, ,00O, ,O00 Elected on s pledge of economy, President Roosevelt has spent more in thre years than the first 24 presidents of the United States did i in i22 years of office Jumped to- gteiier.
 Points to ''StupendOus" Debt
 The national debt has jumped from $20, ,937, ,000, 900 at the end of the prior republican administration to the stupendous figure of $33, 5O0,000,000 this year. If $4,600, ,000,- GOO of bonds on which the New Deal has guaranteed interest and prin- cipal is added, the total national debt is boosted to $38, 100, 900. Pres ident Roosevelt has jumped the na- tional debt by an average of $3,3l4,- 100000 every year he has been in office. The taxpayers must make up this difference.
 The crushing debts and taxes are being incurred through the gliise of helping the people - the very ones who must pay through the nose in the end-but they in- variably retard prosperity and sometimes lead to situations in which the rights of the people are destroyed.
 Federal tax collectors took only 4l,055, 5,174, ,208 from the people in 1933, but the estimated tax receipts during 1887 will exceed that total by l96 per cent. The New Deal take, principally from the pockets of the average citizens, will amount to approximately $5,494,1l4,000 in 1037., The New Dealers have already passed IA tax laws, and their lead- CTS in congress admit that the pros- pect is that 1887 will bring more stringent measures if they are re- turned to power.
 In addition, hidden" consumers taxes, such as taxes on food, on clothing, and @ hundred other things people use in everyday life, are taking just 100 per cent more from the pockets of the average worker than they did before the \ New Dealers tok ofice. Accurate hgures show that in 1880, 68.2 per cent of the taxes were paid by the Well-to-do. The consumer, as a class, po only SIS per cent of the total. TctiAy, however, consumers are pay- ing co per cent of the total govern ment collections.
 Cites Worthless BOOndOggling
 All of this reckless spending has run the cost of government from the $5,l53, ,644, ,895 which was expend- cd during the 1882 fiscal year of the last republican regime to $9,882, ,0OO,- 900 spent by the New Deal govern tnent in 1886. Compared with 1882, the New Deal increased its rate of spending by 38 per cent in 1884; by 43 per cent in 1885 and by 92 per cent in 1936. What will the rate of increase be if the New Deal is con- tinued in ofilce another four years?
 During 1884. loS5 and 1886, the New Dealers expended $6,82l, ,8OO,- 900 on relief, but how much of it actually went to the needy and starving no one will ever know. Billions of dollars obviously have been expended on worthless boom doggllng projects of the leaf raking. stump pulling type under both the