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Show UTAH LABOR NEWS, SALT LAKE CITY, UTAH, FEBRUARY 24, 1939 Page 6 TO APPRECIATE ROOSEVELT REMEMBER HOOVER (Continued from Page 1) but not to feed men. He would return to those days when campaigns to feed the jobless consisted chiefly of dinners foi the committee at the Waldorf Astoria. Hoover cries for an end to inflationary monetary and financial policies." That is, he would again let deflation run its course, wipe out the values of the resources of our people and wreck the credit system. Hoover claims that the Republicans started the R. F. C True. But while it was under Republican control its chief contribution to national recovery was an $80,000,000 loan to the Chicago bank of G. O. P. chieftain General Dawes, a loan which represented almost the entire deposits of Dawes' bank. At the time John T. Flynn, the economist, showed that million of the first $24,000,000 loaned by Twenty-on- e the R. F. C. went to two banks, that more than 40 per cent of its loans over five months were to seven big banks; that the Union Trust Company, of Cleveland, got $14,000,000, the chairman of the board of that bank having been the treasurer of the Republican National Committee; that $12,000,000 went to the Union Guardian Trust Company, of Detroit, of which Hoover's Secretary of Commerce was a director. . . ." Yes, the G. O. P. launched the R. F. C. And howl But probably the most audacious claim in the Hoover Lincoln Day speech is this; failed to . . . When the Federal Reserve System meet the storm of 1929, it was a Republican administration which again proposed drastic banking reform." Yes, the Hoover administration reformed banking. By the banks. wiping out The Roosevelt administration may have made mistakes. But it has had a heart. The Roosevelt administration may have made mistakes. But it never had to put chains on the White House gates for fear of an uprising of starving Americans; it never told people that the folding of banks and wiping out of depositors was a healthy process;" it never drove homeless veterans out of shacks at the point of bayonets. A rendezvous with inflation?" Does Herbert Hoover remember his rendezvous with a committee of bishops and businessmen who called on him in June of 1930 to demand action to check the spread of unemployment? Does Mr. Hoover remember what he told them in June, 1930; , Gentlemen, you have come six weeks too late. The crisis . . is over. It is too easy to forget how raw those days really were I Yet the G. O. P. wants to return" to them. The way to appreciate Roosevelt is to remember Hoover. The Next Step For The Progr eosiveo By JERRY VOORHIS anti-monopo- ly self-hel- p wealth-producin- self-liquidati- ng self-liquidati- ng them. FUNDAMENTALS OF AMERICAN DEMOCRACY Answering questions before the Senate Judiciary committee, which later favored his nomination to the U. S. Supreme court by unanimous vote, liberal Felix Frankfurter said: It doesnt matter whether the Constitution is invoked for ends I like or ends I dont like, so long as those who invoke it keep within the framework of the Constitution. There must be freedom of speech, freedom of the press, freedom of assembly and freedom to worship as your conscience dictates. Civil liberties mean liberties for those we like and those we . . dont like, or even detest. And that is stating the fundaBy CHARLES STELZLE mentals of American democracy in Executive Director, Good Neighbor League just about their shortest form and in worth s the most understandable it then If we insist that we are a Christian nation" What Io Christianity? while discussing what Christianity is. That theres a difference of opinion on this subject is nothing against Christianity nor against the men. who may disagree about certain theological questions. The difference of opinion regarding the nature of Christianity is due to the fact that it has to do with life, with men. And as no two men are exactly alike in all of their opinions, it is natural that they should disagree about some aspects of Christianity. .While the fundamental basis of Christianity must always remain the same, and while the fundamental principles of men s characters are 'eternal, both are capable of infinite expansion. They cannot be limited to the ecclesiastical expressions of the theologian in the one case, nor to a narrow interpretation of life in the other. Religion" is sot necessarily Christianity. Some men are very religious, but they are not very good Christians. You have heard of men who have become insane because they had too much religion," but you never heard of a man who became insane because he had too much Christianity. Christianity is not merely a scheme to increase the population of heaven. Its purpose for its followers is not primarily to get to heaven, but to bring heaven down to earth. Jesus Himself once said that he came to give men a larger, fuller life. the Principally, Christianity is a character and a life possession and the manifestation of the life and the spirit of Jesus. Not necessarily the life of the monk, or the pharisee, or the stoic, or the Puritan these may all be Christian in a verv important sense, but-thare not the exclusive expression of Christianity. The healthy Christian life is lived in the world among men is and interested in their everyday affairs. It is lived at the primary and in the labor union. It is lived in the shop and in the office. There is nothing which concerns the g of men which can be alien to the Christian life or to Christianity as such. It does not involve a belief in an impossible dogma. It asks merely that a man shall bring his life into conformity with the life and purpose of Jesus, helping to carry out His will and plan for the redemption of the world. When enough men actually believe in this plan and try to pht it into effect, so that it will be the dominating purpose in the life of the nation, then it may truthfully be said that this is truly a Christian nation." ey Liberal Congressman from California What shall be the next step for the progressives? Shall it be a united front against the spread of Fascism? A strengthlaws? A plan for efening of social security and wages-hour- s fective laws? Shall we push forward the T.V.A. units yardstick" plan? Or shall it.be cooperative for unemployed? While all these objectives are important, no single one seems to strike directly at the central problem . of releasing the brakes upon our immense productivity, so that America's farms and factories can produce and sell the abundance we need. What are the forces that are stultifying Americas dynamic industrial energies? The chief hindrance to full productive activity in America in is, my opinion, the use of a clumsy and outmoded bank-cred- it monetary system. It is a system which provides no adequate means for increasing the supply of circulating medium to match the increase in g power of the people. was Congress given by the Constitution authority to coin money and regulate the value thereof." We have not done so, except in a very limited way. Instead we have given over that function to banks, first by the National Bank Act of 1863, then by the Federal Reserve Act of 191 3 or more especially by amendments to the Federal Reserve Act. Under the operation of these acts, private banks control the credit of the nation and use that credit to buy United States Government bonds which in turn become the basis for more issues of bank credit money. It is utterly idiotic for the government to sell its bond to Federal Reserve Banks or member banks for credit entries upon their books. If the bonds of the T.V.A., the H.O.LC., or other government corporations are good for the issue of bank credit money, they are good for a direct issue of government money secured' by the projects undertaken by that government. In other words, the United States has a right and duty to set up government corporations to construct dams, housing Units or other seprojects, and to issue cured by the bonds of those corporations. The rate money of interest need be not more than one per cent, merely enough to meet the bookkeeping costs, but if it were more than that the income from such interest would be net income to the government and type, he doubts whether you have any brains; and if you are a modem, advanced and intelligent woman, he doubts whether you have a heart. If you are silly, he longs for a bright mate; and if you are intelligent and brilliant, he longs for a playmate. Most men are like worms in the grass they wriggle around a while then some chicken grabs an important factor in balancing the budget. The best informed economists .declare that the American people lack about eight billion dollars a year of buying power, at present levels of prices and wages. Which means either one of two things that monopolists prices are eight billions too high, or else the income of potential consumers, chiefly farmers and workers, is eight billions too low. Therefore every billion dollars of new government money issued for construction of projects will help to correct both those defects. First, it will give needed buying power to the people. Second, to the extent that electricity, housing, of other goods and services are supplied at competitive prices, it will prevent monopoly price fixing. Obviously such a plan could not be operated safely unless the Federal Government had provided authority to the Board of Governors of the Federal Reserve System to raise the reserve ratios of member banks to prevent runaway bank credit infla tion. For that reason I am convinced that the Binderup Bill H. R. 9800 which provides for the acquisition of the twelve central Federal Reserve banks b'y the government and the establishment of 100 per cent reserves behind demand deposits should be passed. well-bein- News and Comment By M. I. T. OLD MAID GIVES AN ANALYSIS OF MEN WANTS MORE PUBLICITY Mayor LaGuardia of New York, who is a registered American Labor party voter, has a practical plan for dealing with Congressmen who dote on cutting relief appropria- tions. According to his strategy the folks back home should be giv en the true facts about unemployment and relief. , The mayor suggests that all staunch budget balancers who prate about destroying initiative and helf reliance among the unemployed should have their own manner of living exposed. They, and in numerous cases, hordes of relatives, have been supported by the government for years, but they advice the unemployed to shift for themselves. Neither do they care for the effect their heartless economy will have on business by such drastic restrictions in the nations purchasing -- power. LaGuardia predicts that if these facts were widely made known the politicians would be running for cover to escape the deluge of protests, not from the unemployed, but from business, big and little, whose income depends on selling goods through government spending. Almost Sarcastic .In a crowded street car a very thin lady was greatly discomfited by the pressure of an extremely fat lady who sat next. Turning to her neighbor, the thin lady remarked: They really should charge by weight on these cars. Fat Lady: But if they did, dearie, they couldnt afford to stop for some people. thinks you are a cynic. If you wear gay colors, rouge and a startling hat, he hestitates to take you out. If you wear a brown turban and a tailor-mad- e little 1 suit, he takes you out and stares all evening at a woman in ! gay colors, rouge and a startling The following was submitted by an old maid but she still likes the men: Men are what women marry. They are divided into three classes: Husbands, bachelors and widowers. A bachelor is a man whose mind is filled with obstinacy and whose soul is filled with suspicion. Husbands are of three varieties: Prizes, surprises and consolation prizes. Making a husband out of a man is one of the highest arts known to civilization. It requires science, patience, persistence, faith, hope and charity.. If you flatter a man, you frighten him to death; if you dont, you bore him to death. If you permit him to make love to you, he gets tired of you in the end; and if you dont, he gets tired of you in the beginning. If you believe all he tells you, then he thinks you are foolish; and if you dont then he hat. If you gay colors, rouge and a startling hat, and if you are drinking and smoking, he says you are driving him to destruction; if you dont approve, he vows that you are snobbish.. 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