The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1938-04-12
STOP BORROWING AND SPENDING


other pump printing" spree. The admin
istration is seriously considering the Dor
rowing and spending of four billion dol
lars for the alleged purpose of pulling the
country out OF the recession"
Senator Byrd of Virginia takes an UNI
compromising stand against the proposal
saying that the consequences of another
huge spending program which will pyra-
mid the vast ational debt will be so serious
that the people should Immediately begin
to consider exactly what will happen in
that case.
Senator Byrd points out that the spend
ing of vast sums of borrowed money with
the nations Indebtedness standing already
at an all-time high, means the imposition
of additional confseatery and oppressive
taxes which may end in the destruction OF
our system of private ownership.
Five years of the new deal policy OF
borrowing and spending, of pump prim-
ing" Senator Byrd points out, has resulted
in the creation of the greatest and most
powerful and most wasteful and extrava-
history of civilization; and this bureaucracy
is already so intrenched, Senator Byrd as
serts, that little short of revolution will
be necessary to dismantle it and restore
the American system of government to the
nation. .-at, .,- ....
Undoubtedly the views of the Virginia
Senator are timely and sensible. The first
consideration of the American people at
this time-at once-should be nation
wide, determined effort to show Congress
the country believes the way 0ut of present
difficulties is not by the borrowing and
spending route. 1t is shame that in this
crisis it is necessary in order to save the
country from impending destruction for
individual citizens by tens of thousands to
be compelled to take such action as that
preceding the killing of the government
reorganization plan; but if it is necessary
(and it undoubtedly appears to be so) they
should do first class job, as was done in
= defeating reorganization.
STOP BORROWING AND SPENDING.
This should be adopted as the country's
watehword, as the fighting slogan of all
who recognize the dangers of the country's
Immediate condition and the impending
greater dangers of the future. ., S..
Get the message to your Senators and
congressman, if you are convinced of the
soundness of the position of Senator Byrd
and many other leaders. Wire them at
once.
This problem, of course, is much more
complicated and difficult than the stopping
OF the reorganization scheme. Distributing
federal money is the most appealing propo-
sitlon with which the average Senator or
Congressman can be confronted; and in an
election year the proposition is almost ir-
resistible. The Washington politicians want
to spend money and are anxious to scatter
it among the voters. .-
The most gigantic task that ever faced
the sane, intelligent, conservative citizens
of this country is that of showing Congress
that the brakes must be clamped on this
business of borrowing and spending and
pihng confiscatory and oppressive taxes
upon the people of the naton-especially
upon the business and industry of the ma
ton at time when the thoroughly fright
ened experimenters and political tricksters
are pleading and praying for these classes
TO come forward and save the nation from
the consequences of their folly.
Certainly it is going to be gigantic un
dertakns to impress Congress and win thu