Show Coughlin Backs Townsend Idea Decries es Practicality DETROIT Dec Dee 23 3 UP UP Rev Charles E. E Coughlin indorsed the philosophy of Dr Francis E. E Townsend and his followers yesterday yesterday yester yester- day in his weekly address but decried decried decried de de- de- de cried his practicability Leaving aside the technique evolved by Dr Townsend he saidI said I 1 heartily indorse the principles of social security which his philosophy philosophy philosophy phy adv advocates cates The aged must be cared ared for tor decently when through no fault tault of their own they are arc unable unable unable un un- un- un able to care for tor themselves Coughlin said to his mind minds however however however how how- ever social security for the aged under the Townsend plan or any other plan is impractical and Idealistic Ideal deal itic islic as long as we retain the present present present pres pres- ent economic system known as modern and capitalistic He gave two reasons to support his belief 1 That modern capital docs does not pay a livin living annual wage to the themen themen men and women engaged in a agriculture agriculture agri agri- ri- ri culture and industry 2 That it would be Impossible for the tho government to pay the required each month to pay persons over 60 years ears of ofa a age e a a. monthly pension You cant can't use what you OU do not control Coughlin declared You cant can't give what you have not got Therefore while the Townsend plan is sound philosophically insofar as asit asit asit it proposes first to care decently for tor the security of the aged of the nation and second secondly to use the aged of or the nation in our economic life as helpers in circulating money or purchasing power it is not workable nor can It be workable until the American people people peo peo- plo rescue from the hands of a few thousand American plutocrats the right to coin and regulate the value of our sovereign mone money First things thIns must come first we must capture the control of oC mone money before we can use it iLIn it iL itIn In other words he continued the private control of oC credit first must be he abandoned This means that the privately owned federal reserve banks must be nationalized This means that the privately con- con I Si S i k j ji i FATHER Philosophy Is 15 Good trolled politicians who support these barons of wealth who own the federal reserve banks must be driven from the halls of congress To my mind this is the logical procedure procedure pro pro- to be adopted then invited followers of Townsend to join hands with the tho National Union for Social Justice Justice Justice Jus Jus- tice in its campaign to elect congressmen congressmen congressmen con con- gressmen who o Indorse the radio priests priest's principles Tho The latter part of Coughlin's address address address ad ad- dress was taken up with ith a report on n organization work thus far |