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O'Daniel seeks reelection and backs social security program plan
Gov. W Lee O Daniel in a radio address announces his bid for reelection and seeks a supportive legislature to fund a broad social security program. He proposes increasing funding for old age pensions, aid to the blind and dependent children, and teachers retirement con gentions, with a plan to raise 45 000 50 000 000 more in state revenue via production taxes and a 1.6 percent transactions tax. He favors replacing the ad valorem tax with a new system and stresses cooperation with an approved legislative plan.
MENTIONED IN THIS ARTICLE
Austin
W. Lee O'Daniel
Texas
O'Daniel
State General Revenue Fund
General Revenue Fund
O’daniel