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Newspaper
Bowie Booster
Location
Bowie, Texas, United States of America
Date
Jul 04, 1935
Page
2
Nye of North Dakota urges strong laws to curb collusion and foreign patent leakage in shipbuilding, cap profits, and require lobbyists to register. Roosevelt backs tax and labor reform, proposing inheritance taxes, higher top rates, corporate tax changes, and federal oversight to curb wealth concentration.
Britain yields to Hitler in a bilateral accord granting Germany up to 35 percent of the Royal Navy tonnage and, in certain cases, parity on submarines, drawing French protest led by Laval and a mixed reaction from Mussolini while Eden seeks Paris approval.
Roosevelt's unemployment program favors human values over big projects and aims to provide jobs for the largest number of workers. The plan diverts $4 billion to productive public work, focusing on light construction and maximum employment. many large projects are scaled back to fit per worker cost targets.
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