Evening star., 1960-10-05

Lashing back at Mr.. Nix
campaign, the Democratic can
didate said:
When it comes to our econ
omy, he sees no evil, hears nc
evil, speaks no evil"
Citing the Governments
mid-year budget report re-
leased today in Washington
Senator Kennedy said the ad-
ministration has Officially ad-
mitted the current state oi
Istagnation in our economy. The
time has come to elect an ad-
ministration committed to a
policy of full employment"
Sharp Revenue Drop
The report shows revenue
down $2.5 billion from the
January estimate. This, coupled
with an increase of $500 mil
lion in estimated expenditures
would produce a surplus $3.1
billion below the earlier esti-
mate.
Senator Kennedy chose this
area of Indiana, hard hit by
closing factories. to attack Mr.
Nixon's economic views.
In an Indianapolis speech
last night, he defended his own
party against charges of fiscal
responsibility and a reckless
spending program.
He asserted that his Repub-
lican opponent is part and par
eel Of the most wasteful ad-
ministration in this century.
He told 5000 at the Indianap-
oils Fair Ground Coliseum that
he believes in a responsible fis-
cal policy. He said the budget
should be unbalanced only in
case Of a great national defense
emergency or major economic
recession. The Federal Gov
ernment could have a balanced
budget next year. he said.
Stresses Fiscal Issue
He left no doubt in his In
dianapolis address or in a
panel interview televiseo
throughout the State last night
that he disputes any aSsump-
ton that Democratic-spon-
sored programs would cause
huge deficits now or in the
future.
This emphasis on the gov
ernmental fiscal issue bore out
previous reports that he in
tends to give increasing cam
paign attention to answering
G.. o. P. warnings that he and
the Democratic Party are soft
on financial soundneSS in gov
ernmental operations. On the
contrary, he sought to turn
the financial tables on Mr.
Nixon by asserting:
THE Republicans talk OF
economy and efficiency. But
| during these years of Republi-
can rule the Government has
operated at a deficit exceeding
$l8 billion; the budget has
steadily grown. The number
Of Federal agencies has grown
The number of Federal en-
ployes has grown. The ma.
tional debt ceiling has beer
increased five times. The total
Federal expenditures far ex-
ceed those of the previous ad-
ministration. And in fiscal
1859 the Republicans ran up
the highest peacetime deficit
in our Nations history"
Comedies Crises
Conceding that foreign aid
defense and agriculture re-
quired huge outlays because oil
world and national crises. Sen
ator Kennedy contended that
the Republican administration
has not conceived or managed
these and other budgets eco
nomically. efficiently and in 9
manner to win friends abroad
increase this Nations prestige
or come to grips with pressing
domestic needs and problems
Their record" he said, sis 6
record Of poor government BY
a party which does not believe
in governing and has no talent
for government.
THE Democratic Party be-
lieves in government, but it be.
lieves that government must b.
responsible, economical anc
prudently run. I believe in 6
balanced budget and an honest
dollar and in the Federal Gov.
ernment doing only those tasks
that cannot otherwise be done.
He described as wholly fic.
titious" Mr.. Nixon'S recent
estimate that the Democratic
platform might cost as much
as $l3 billion extra. He charged
that Mr.. Nixon had an i'm.
Iportant and influential part ir
the Republican Party's "recorc
Of waste of our human re.
sources and of our national re.
sources" by opposing Demo.
cratic measures he said woulc
improve the security and eco.
nomic stability of the United
States.
Stresses Indiana Plight
His speech in Evanston to.
day dealt mainly with thu
plight of economically dis.
tressed industrial and agricul.
tural areas in Indiana. He pic.
tured the area around the
Wabash and Ohio Rivers ir
this State as "the valley of op.
portunity."
He charged that during the
last eight years the Republican
Party has transformed this in.
to a valley of lost opportunity.
He said Indiana has lost $4,000
INaa = 90 ~, s-l -.