Indianapolis Times, Indianapolis, Marion County, 20 October 1936 — Page 5
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CA UBR ANE IRE AR
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« for me at this point to discuss the
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. foreign markets,
Text of Landon’s- Albuquerque Speech
(Continued from Page Four)
broader domestic market and better prices. Now I would like to ask the President whether his policies are those of the Democratic Party, which has traditionally stood for interhational trade. Are they not, in fact, those of a strange new party which has captured the Federal government in the name of the party of Jefferson, Cleveland and Wilson? Has it not repudiated traditional Democratic doctrines in international trade and substituted new policies which are clearly leading us to the narrowest type of economic nationalism and other theories dangerous to America and to world peace?
WAR DOCTRINE 1S TROUBLE
I said recently at Minneapolis: “I am opposed to a policy of isolation. I want to see a prosperous world as well as a prosperous America. . . . A healthy international trade is essential to world prosperity, Even more than this, world prosperity is good insurance against war. ... The great enemy of world trade today is the war-inspired doctrine of iso- | lation and its resulting demands for self-sufficiency. From this we get!
embargoes, exchange restrictions and trade quotas. _ These are the real hindrances to a healthy exchange of goods between nations. We must not join in this kind of madness. If we are to maintain our standing of living the channels of world trade must remain open.” We Republicans have no quarrel with the doctrine of reciprocity, which is Republican in its origin, but in the language of our platform “we condemn the secret negotiation of reciprocal trade treaties without public hearing or legislative approval.” The principle of reciprocal trade agreements, as an aid in reopening is desirable provided it is properly applied. The New Deal's program has not been s0 administered. It is not necessary
secrecy of these negotiations, the futility of the hearings which were not open to the public, and the gross unfairness of. the entire procedure. Those, you know all too well. But the nature of the concessions to foreign nations granted by this Administration does merit further consideration. The farmers, who were already at a heavy disadvantage, have been called upon to make the first and major sacrifices, as I have pointed out, in this alleged attempt to break down barriers to the flow of international commerce. Major emphasis in these ' negotiations should have been upon securing con-
cessions from abroad for our agricultural products rather than grant-
ing concessions to our agricultural competitors.
OBJECTS TO CONCESSIONS
What I object to primarily are the concessions of this Administration to nations which can send us little but farm products. The concessions from abroad have bene-
fited, if at all, only our industrial
producers. However, at this point it would be well to mention that the total volume of our exports both agricultural and industrial has increased only 4 per cent in 1935 over 1932, Our industrial producers can adjust their affairs to existing conditions more readily than the farmers. The wise industrialist has the elements of his prosper--ity largely in his own hands. Not so with the farmer. He must not only have the vision of the wise industrialist as to costs of production and markets, but he must also gamble with the forces of nature over which he can have no control and with which the industrialist has no concern. We Republicans will so conduct the reciprocal trade negotiations as to reopen foreign trade channels in such a way as not to penalize the American farmer or the industrial producer and workman. This can be done and it will be done once I am elected. The most important problem: facing us is the recapture of our lost export markets destroyed by this Administration. Our farmers want a full crop at a fair price. This
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they can not have without our foreign outlets and unrestricted production. The barriers which have been set up by foreign nations in their desire to become self-sufficient under the threat of war, must be eliminated. Our Republican platform provides: “We will adjust tariffs with a view to promoting international trade, the stabilization of currencies, and the attainment of a proper balance between agriculture and industry.” This will be our primary duty.
FUMBLED OPPORTUNITY
The present - Administration in
June, 1933, fumbled a great oppor-,
tunity to break the trend toward in-
tense economic nationalism which has been spreading over the world and may shortly transform economic warfare into actual hostilities. Now after a delay of three and a quarter years, the Administration apparently is beginning to see the error of its ways. In any event a great share of the responsibility for the extension of international economic warfare in the meantime must rest. squarely on the present Administration. Until such time as the nations of the world are convinced that world peace rests upon the revival and expansion of international exchange
so improved as to restore the American farmer to his proper position, we will continue ample benefit to give him that position. These beneSts will be limited to the family type farm. There will be no mil-lion-dollar payments to foreign corporations or absentee landlords. Meantime our long-term program of soil conservation and the steady drive to regain ana expand our foreign outlets, will eliminate the cause for such payments.
PLAN IS CONSISTENT
This is not inconsistent with a balanced budget. Freedom from crop control and the gradual recapture of our foreign markets will permit us to rapidly reduce the past heavy burdens on the Federal Treasury and simultaneously improve the farmer's position. We shall restore American markets to
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American industry is fully alive to its obligations to the farmers and consumers of this country. It realizes that such protection should rot be extended to the inefficient producer except in case of those industries which are essential to us in time of war, of new industries which have not yet reached their full development.
A consummation of these policies will in due course re-establish the farmersin a fully competitive posi- | F tion and permit this country to go forward to a constantly higher and higher standard of living which our initiative, natural resources and our
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Infants’ White or Beige
"HOSE
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Here is a Hosiery value!! At the Fair Wednesday.
Kiddies’ warm suede cloth snow suits, cute winter styles in red, blue, green and tan. An outstandin g value in sizes 2 to 6 years.
$
SLEEPERS
Warm flanneleite isepen with feet, pink stripe. Sizes 2 to 6 years.
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FOR 400 MEMBER
A drive to add 400 members to the 1936-37 rolls of the Twelfth District American Legion, in prep-
aration for the state boxcar mem- tend
Former District Commander Joe F. Lutes, membership chairman, has announced the district already has raised more than 50 per cent of its quota and has six posts “over the top.” They are Garfield Park, with 132 per cent of its quota; Emerson, with 125 per cent; Wayne,
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Sauce, Vegeta-
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Infants’
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Size 17 to 18
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Women's . undies, backs
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Sizes 29 to 42
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Values Nooo: Higher Prices Never Lower
SALE}
Women's New Fall
