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Newspaper
Carthage Citizen
Location
Carthage, Indiana, United States of America
Date
Nov 01, 1940
Page
3
A speaker asserts that America must be strong through cleaning democracy and ensuring full functioning of the democratic process free from corrupt political machines. The remarks emphasize moral duty and political reform.
General Hugh S. Johnson argues that a Roosevelt victory would lead to war and a wartime dictatorship with emergency powers. He claims such powers would be seized by those who have exploited crises to expand control and warns of the vast cost and risk of bankruptcy for the United States.
The country imported 68 277 000 pounds more meat in 1937 than it exported while in 1932 exports exceeded imports by 146 192 000 pounds. The 1932 period also shows protected markets for American farm products.
Government guaranteed bonds of six government corporations total 5.42 billion dollars. The guarantees are fully backed by the government but are not included in the government debt as viewed by New Deal policy.
In 1930 American farm product exports totaled 1,496,000,000 dollars. By 1939 reciprocal trade treaties with sixteen nations were in force and exports dropped to 683,000,000 dollars, less than half the 1930 level.
A Massachusetts insurance inquiry shows relief reaching families with incomes up to 4000 dollars. The finding reflects New Deal era relief efforts targeted at maintaining family support during economic hardship.
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