The midland journal. (Rising Sun, Md.) 1885-1947, 1939-06-09
Bruckarts Warrington Digest
President Restates All New
Deal Theories and Convictions
Retail Federation Speech Seen His Political Philosophy
For 1910 Campaign; Insists Continued Spend.
ing; Would Hold Down Business Profits
BY WILLIAM BRUCKART
WNU Service National Press Bldg, Washington, d. G.

son or with Roosevelt. The fighting
Pat Harrison is going to obtain some
tax legislation If 1t is possible, and
Mr.. Roosevelt will have an oppor-
tunity to veto the bill if he likes.
So, in his speech, Mr.. Roosevelt
took sideswipe at the proponents
Of tax changes. Their reasons for
demanding tax revision, you see,
are based upon belief that BUSH
ness will not go ahead until govern
ment gives more consideration to
the burden that is on business. Sem
ator Harrison, along with many
other old line Democrats, feels that
business can not re-employ workers
as long as taxes are unevenly dis
tributed. That is to say, the Mis-
sissippi senator is seeking ways by
which business will take on work.
ers and the federal treasury will be
free from the enormous appropria-
tions for relief spending.
With reference to the Harrison
position, however, it should be said
here that congress has shown doz-
en- yellow streaks about cutting
down in spending. It started out
talking economy in big way. 1t
acted, however, by way of voting
money out of the treasury wherev-
er new method for spending it
was proposed. The individual rep
resentative and senator, excepting
those boldly aligned with Senator
Harrison, displayed the usual cow
ardice of a political more interested
in holding his ten-thousand dollar
job than in serving his country.
Determined Business Profits
Must Be Held to Minimum,
When Mr.. Roosevelt said in his
speech, therefore, that he would de-
mand only that the present distribu-
ton of tax levies and rates should
remain the same, he was answer
ing Senator Harrison's group. In
other words, the President has
budged from the position and view
point he long has held only to the
extent that he now says he will
not quibble about details; he wants
corporations to bear as much tax
as heretofore and he will insist upon
it. He is determined that business
profits must be held to the minimum
and there are indications that he
will carry such fight 'sto the coun-
try"
Regardless Of the tax question
and the over regulation to which so
many government agencies are adj
dicted in dealing with business, Mr..
Roosevelt expressed his whole
thought in one sentence:
"You can not expect this admin
istration to alter the principles and
the detectives for which we have
struggled the last six years."
That declaration encompasses in
one sentence germs of great trouble
for the Democratic party. Some OBJ
servers here described it as stub
born statement. It is known, Of
course, that Mr.. Roosevelt can be
positively bull-headed in his deter
mination when he wishes. Because
of this trait, therefore, some of the
old line Democrats again are fear
full of wide open split in the party.
The President laid the greatest
stress on federal spending, and he
made the rather startling statement
that there can be no balanced bud
get either this year or next. Which
can mean only that there must be
more borrowing by the government
which now is paying an annual in
terest charge of more than 81, 000,-
10000 on the public debt that is
well over $40, 200, 600, 900. In defense
of this condition-there has been an
increase of more than $40, 0O0, 900 200
since Mr.. Roosevelt took Office
the President asserted there should
be no particular concern about the
debt or the interest. What Of it, he
said, in effect; If there is that in-
terest to be paid by our children,
it will be paid to our children.
| Sn,acks Much of Old
| Argument for Pump Printing
f! In pooh-poohing the public debt