Townsend plan dangers to nation’s politics and economy
A William Bruce Art column warns that the Townsend old age pension proposal threatens political stability and fiscal health. It argues the plan would destabilize currency, burden workers with taxation, and erode public trust as it gains unlikely support among candidates in upcoming campaigns.
MENTIONED IN THIS ARTICLE
James A. Farley
Democratic National Committee
New York State
Democratic Committee
Farley
Townsend
Mr. Townsend
Mississippi
Secret Service
W. H. Moran
Doctor Townsend
Congress
Uncle Sam
Townsend Plan
Transportation woes and the threat of government rail ownership
The piece argues against government ownership of railroads while warning that hidden plans to burden railroads with costs like a rail pension law and shorter hours could force bankruptcy or push rail lines toward government control. It notes labor demands and tax implications as ongoing pressures.
MENTIONED IN THIS ARTICLE
Townsend
Roosevelt
Congress
Western Newspaper Union
Also Mentioned on This Page
Swrigley
Agence
Fetts Res
eNota D Wedle Wes Mus
MK Hosel
Galmle
By C. M. Payne
Ana
Aga
Lolly
Finney
FORCE
Fez
Ima
Mina & Lkein
Adamson
By O. Jacobsson
Fred Harman
Gluyas Williams
William Bruce
Reo Pert Pee
Washington
Pein