Monday, May. 16, 1938

Points

Moses had a ten-point program for fixing up his part of the world. Woodrow Wilson had 14. Governor La Follette has five and Fulgencio Batista has 20 (see p. 24). Numerically pretty close to the average, therefore, is the eleven-pointer Herbert Hoover has evolved.

Having recently returned from a fact-finding tour of Europe, having made four speeches in four cities in six weeks, last week busy Mr. Hoover stopped off at a grassroots Republican Convention in Oklahoma City to sum up his proposals for getting the country on the road toward a "system of free men and private enterprise." The steps:

"First, re-establish confidence that there will be no more attacks upon the safeguards of free men. That is the independence of the Congress and of the courts.

"Second, restore common morals and intellectual morals in government. In a democracy or in a Christian country the ends do not justify any means.

"Third, abandon this economy of scarcity and go in for production work and thrift.

"Fourth, stop this spending and inflation and pump-priming.

"Fifth, revise the taxes so as to free the initiative and enterprise of men. The original Senate proposals were a step in that direction.

"Sixth, reduce relief expenditure by one-third through decentralizing its administration. Take it out of the hands of wasters and politicians and put it back into nonpolitical committees in each community and require the States and local communities to find 5 or 10% of the cost. That will provide greater and more sympathetic care for those in distress. It will restore confidence that the republic is not being destroyed by the purchase of elections.

"Seventh, by the savings on relief, and reduction of other expenses and the end of pump-priming, drive to really balance this budget.

"Eighth, stop credit inflation juggling. Make the currency convertible into bullion at the irreparable 59-cent dollar and repeal all authority for currency inflation.

"Ninth, set up a court of 25 responsible nonpolitical men representing business, labor and agriculture to direct Federal Reserve policies and thus take that control of credit out of the hands of politicians.

"Tenth, give the employer and all branches of labor the same rights before the Labor Board and appoint judicially minded men to the board.

"Eleventh, stop indiscriminate defamations of business and the creation of class hate. Use the courts for purposes of prosecution."

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