Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1938-10-21


actual reserves free from political manipula-
tons and deprivations, (2) for the establish
ment of reserves and the determination of the
amounts thereof upon a sound actuarial basis,
and .(S) for the principle that all money col
Iected by taxation from the employer and en-
pIoye constitutes a trust fund for the benefit
of the employee and the aged, and that such
sums shall be specifically earmarked and used
only for the purposes for which they have been
collected.
The Republican Party is opposed to the New
Deal" policy of spending the reserve funds for
general government purposes and is opposed to
the creation of reserve funds which experience
has shown to be unnecessarily large. We be-
heye that the taxes on both employer and en-
ploye may and should be substantially reduced,
that the fund thus obtained must and should
be kept inviolate, and that by proper manage
ment and administration greater benefits may
and should inure to the unemployed and to the
aged. D. .s
We advocate a revision of the old age pen
sion laws so as to make all aged persons above
given, age eligible for benefits hereunder to
the end that all aged persons may be secure in
the knowledge that they will be provided with
the necessities of life. We advocate the adj
ministration of all social security laws on a
sound business basis and as a public trust. We
call attention to the fact that under legislation
enacted by Republican legislature the homes
of persons receiving old age pension are at pres
ent exempt from taxation.
We advocate the enlargement and extension
e foos of he CkoAo -,
order that it may be available to all persons en-
titled to its benefits.
Youth and Government
We recognize that the youth of our nation.
have more vital interest than ever before in
the affairs of state. We pledge our party to
the forwarding of the interests of youth and
the recognition of the Importance of their posi-
tioR in our government We believe that only
through the realization of the principles advo-
Gated by the Republican Party and the restora-
ton of business prosperity upon sound and
economical basis may the young people of this
country be assured of employment and of the
opportunities for advancement, which under
New DEAF policies is being denied them.
>'- L, t--
We hold firmly to the conviction that the in
terests of employers, employees, and the public
are inseparably bound together and that hsr-
monious and not antagonistic relations tend to
promote the welfare of all; that every worker
has the constitutional right guaranteed him to
choose his own occupation and labor utilization
without coercion from any source.
The Republican Party recognizes and will de-
fend the inherent right of labor to employment
at adequate wages under healthful and safe con-
ditions. It win uphold and defend the inherent
right of labor to organize for the purpose of
collective bargaining to secure adequate wages
and to improve conditions of employment. We
viii use all fair and equitable means to adjust
disputes between labor and industry. We shall
strive, with unremitting zeal, to promote the
welfare of labor on a sound and lasting basis
by eliminating all un-American doctrines and
promoting and extending time-tested policies
that will maintain proper living standards on
the highest possible basis, promote employment
and create harmony between the interests in
Volved
The Republican Party will strive. by proper
to effectuate system of individual
AAbtdsAhe anu private ENTERPRISE Will AtS PAoht
motive as expressed by Matthew Vol, vice
president of the American Federation of Labor,
wherein he says:
'The American worker does not want to
be supported by governmental relief pay
ments any more than he desires to be sup
ported BY his neighbors, organized charity
or by standing in bread-line. What he
wants is an honest job in private industry
with wages, hours and working conditions
which win give him and his family the
standard of living to which he is entitled.
To obtain these he knows the industry must
be encouraged by government and not
penalized simply because it happens to be
successful. He knows that it must con-
tinue to grow and expand if he is to be Sc