Indianapolis Times, Volume 46, Number 204, Indianapolis, Marion County, 4 January 1935 — Page 5

TAN’. 4, 1935.

G. 0. P. LEADER LISTS PROGRAM FOR RECOVERY Sound Money Deposit and Job Insurance Win Support. B>! 1 itnl Press WASHINGTON. Jan. 4. A 20point legislative program lor recovery was offered by Bertrand Snell, House Republican leader, after conferences with party members yes*eraay. Balancing of the budget, a sound money policy, permanent insurance of bank deposits, a protective tariff, strengthening of the anti-trust laws and taking the profits out of war were favored. Unemployment insurance to be paid for by state, employe and employer contributions rather than through Federal aid was proposed, j “We do not propose in advance to ! condemn every proposal of the 1 House majority, but as far as I am able to speak for the minority we will meet each legislative pioposal with open minds,” Mr. Snell said. Program Is Outlined The program: “1. We favor the restoration of | the three co-ordinate and separate | branches of the Federal Government, the legislative, the executive j and the judicial. . “2. We stand for Government by laws passed by the regular constituted body for that purpose, and oppose this extravagant, bureaucratic Government of the present Administration, that has already issued 10.000 executive orders that I have the force of laws. “3. We favor the immediate return of all the legitimate powers of the states to the states and the subdivisions thereof. “4. W’e advocate an honest and speedy balancing of the Federal j budget. “5. We favor a sound and stable | money policy, both at home and abroad. Rank Deposit Insurance “6. We favor permanent insurance of bank deposits. 1 7. We stand for restoration of the merit system in Government employment. “8. We believe a protective tariff on all competitive products and strict enforcement of restricted immigration is essential to American labor. “9 We favor abolishing all child labor and the sweat shop system of contract labor. “10. We favor strengthening, not weakening, the anti-trust laws. “11. We stand for honestly conducted private business and oppose the Government entering the competitive field of private enterprise. Business Loans Favored “12. We favor as an emergency [ measure for the relief of the unemployed. liberal loans to private business at a low rate of interest as opposed to the many wasteful and extravagant expenditures now being made and without the restrictive features now imposed by the Reconstruction Finance Corporation in making these loans. “13. We favor a liberal legislative policy toward veterans of all wars. | ”14 We favor every effort to take profits out of war and to promote continued world peace. "15. In time of war. we favor the principle of the universal draft. “16. We favor ample care of the needy, aged and unemployed, but maintain that the responsibility of administering this relief should be left with local communities. “17. We favor the principle of job insurance to be paid for by the employe, the employer and the state. “18. We favor the principle of old age pensions and assert that both j of these subjects are primarily state 1 functions and obligations. “19. We favor and will support all j sound legislation to restore agricultural buying power and to enable i the farmer to refinance himself, and ■ further believe that the administra- ' tion of agricultural legislation should be placed, as far as possible, in the hands of the farmers themselves rather than under a bureaucracy in Washington. “20. We believe in freedom of speech and in freedom of the press, and in freedom of the radio for the discussion of national questions.” FALL VICTIM IN COMA Jesse Boyd in Critical Condition From Skull Fracture. Jesse Boyd. 53. of 543 N. Oxfordst was in a critical condition at St. Francis Hospital. Beech Grove, today with a fractured skull. Mr. Boyd has been unconscious since he was taken to the hospital Monday night after falling down a flight of stairs in his home.

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