Evening star., 1938-04-22
US. BANKRUPTCY
FEAREDBYLANDON
|NHUGE SPENDING
1896 G. o. P. Nominee Saws
Adequate Tax Program
Must Be Provided,
PRESIDENT IS DECLARED
GAMBLING BY POLICY
Places Recovery Hope in Congress.
Holds Nation Is Again on
Infationary Course.
BY the Associated Press.

BY the Associated Press.
TOPEKA. Kans., April 22.-Alf M
Landon called upon IAN articulate citi-
zenry' today to make it clear to
Congress that this huge appropria- :
ton" proposed in President Roose-
velt's new recovery program must be
met by adequate tax provisions.
The 1896 Republican presidential
nominee. in an address prepared for
delivery to the Optimist Club, said
the Presidents proposal has ended
the period of uncertainty" as to the
Governments fiscal policy. The speech
was read by State Supreme Court
Justice Hugo T. Wedell after Mr.. Lam
don was called to Kansas City by the
illness of his father, John NJ. Landon.
Mr.. Iandon Cancelled the engage
ment on learning that his father,
John M. Landon had suffered heart
attack in Kansas City. The speech
was read by Hugo T. Wedell, Kansas
Supreme Court justice.
I'VE are again upon an inflationary
course" the prepared address said.
III every time there is a recession
in business. the only way out that a
government can find is further
huge expenditure program to be ap-
piled on top of expenditures already
too great, then we shall 20 bankrupt.
IF the Government spends money,
it must collect revenues to match the
expenditures.
1T is not yet too late to pull up
and save ourselves and pay our honest
debts. We can pay the public debt
of these United States if we are honest
and economical. But we will have to
economize-we will have to stop our
spendthrift course"
Places Hope in Congress.
The Nations hope, he said, "lie.
in Congress, backed by an articulate
citizenry, to continue to take action
and assume leadership.
Congress must decide II we are
to take the hard road, or If We shall
dash gaily and blindly into this in
toxicated hilarity of imitation by meet
ing our current expenditures for the
ninth successive year with I. O. US"
All responsibility. Mr.. Landon said.
must not be placed upor Congress,
and the citizenry must not be "indif-
ferent"
1T has already been proven conclu-
sively that when the people want
something. and want it badly enough
they can get the Congress to follow
their directions =
III those who are against these in
nationary measures haven't the cour-
age to say so openly, they can't blame
their representatives in Congress for
listening to the clamor for more reck-
less spending"
President Declared Gambling.
President Roosevelt lis gambling, "
he said. that he can raise the national
income by a policy OF Government
spending.
But this program is the opposite
pledged by his Secretary of Treasury
only five months ago. With several
ways to check the depression, the
President has chosen the one that the
record of his administration shows
will not work"
Recovery from an unsound fiscal
policy cannot be accomplished in "the
short breathing spells which the ad-
ministration threateningly allowed
business" MIR. Landon said
The further we go in the direction
we are now heading the longer and
more severe will be the period of suf-
fering when we attempt to go into re-
verse-or. If we do not reverse, when
We come to the inevitable crash"
Even without accompanying infla-
tionary steps. he said. any spending
program by the Federal Government
is in itself infiationary
The German imitation took eight
years to destroy 80 per cent of the
mark without the German people
realizing what was going on. Then
came the dramatic period . which
wiped out most of the rest of the
mark" Mr.. Landon cited an example.