Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-07-18


we shall continue by Federal
purchase to retire from the pillow
submarginal lands so that an in
creased percentage of our farm
ers may be able to live and work
on good land.
These programs viii continue
to be in the hands Of locally
elected farmer committees to the
largest extent possible. In this
truly democratic way we will
continue to bring economic Sc
curity to the farmer and his
family, while recognizing the
dignity and freedom of American
farm life.
INDUSTRY AND THE WORKER.
Under Democratic auspices,
more has been done in the last
seven years to foster the essen
tial freedom. dignity and oppor-
tunity of the American worker
than In any other administration
in the Nations history. In con-
sequence, labor is today taking
its rightful place as a partner Of
management in the common
cause Of higher earnings. indus
trial efficiency, national unity and
national defense.
A far-flung system Of employ
ment exchanges has brought to-
gether millions Of idle workers
and available jobs. The workers
right to organize and bargain coll
lectively through representatives
of their own choosing is being
enforced. We have enlarged the
Federal machinery for the media
ton of labor disputes. We have
enacted an effective wage and
hour law. Child labor in facto-
ries has been outlawed. Prevail.
ing wages to workers employed on
Government contracts have been
assured.
To Maintain Principles
OF Labor Relations Act.
We pledge to continue to en-.
force fair labor standards; to
maintain the principles of the
National Labor Relations Act; to
expand employment training and
opportunity for our youth, older
workers, and workers displaced
by chronological changes; to
strengthen the orderly processes
of collective bargaining and
peaceful settlement of labor dis
putes; and to work always for a
just distribution of our national
income among those who labor.
We will continue our efforts to
achieve equality of opportunity
for men and women without
impairing the social legislation
which promotes true equality by
safeguarding the health, safety
and economic welfare of woman
workers. The right to work for
compensation in both public and
private employment is an inalien-
able privilege of women as we'll as
men, without distinction as to
marital status.
The production of coal is
one of our most important
basic industries. Stability Of
production, employment, distri-
button and price are indispensable
to the public welfare. We pledge
continuation of the Federal Btu
minous Coal Sterilization Act,
and sympathetic consideration
of the application of silimar
legislation to the anthracite coal
industry, in order to provide
additional protection for the own
ers, miners and consumers of hard
coal.
We shall continue to emphasize
the human element in industry
and strive toward increasingly
wholehearted cooperation be-
tween labor and industrial man.
agement.
CAPITAL AND THE BUSINESS
MAN.
To make democracy strong,
our system of business enterprise
and individual initiative must be
free to gear its tremendous pro-
ductive capacity to serve the
greatest good Of the greatest
number.
We have defended and will
continue to defend all legitimate
business.
We have attacked and will
continue to attack unbridled
concentration of economic power
and the exploitation of the con-
sumner and the investor.
We have attacked the kind of
banking which treated America
as Colonial empire to exploit:
the kind of securities business
which regarded the stock ex-
change as a private gambling
club for wagering other peoples
money; the kind of public utility
holding companies which used
consumers and investors money
to suborn free press, bludgeon
legislatures and political conven-
tons and control elections against
the interest of their customers
and their security holders.
We have attacked the kind
of business which levied tribute
on all the rest of American bust
ness by the extortionate methods
of monopoly.
We did not stop with attack
we followed through with the
remedy The American people
found in themselves, through
the Democratic process, ability to
meet the economic problems of
average American business where
concentrated power had failed.
Banking and Financial
Systems Restored.
We found broken and pros
trate banking and financial sys-
tenn. We restored it to health
by strengthening banks, insur-
ance companies and other
financial institutions. We have
insured $4,000 bank accounts
and protected millions of small
investors in the security and
commodity markets. We have
thus revived confidence, safe