Support Grows In Congress For Resumption Of Government Spending
Congress debates reviving government spending to combat recession. Senators discuss stimulus, relief, and private investment, with views from Bailey Byrd LaFollette and Norris. Some favor increased works programs. others warn against pump priming while Roosevelt aims for a balanced budget.
MENTIONED IN THIS ARTICLE
Congress
LaFollette
Works Progress
Byrnes
D-Sc
Adams
D-Colo
Bailey
Roosevelt
Capitol Hill
Congress weighs new spending to spur business
A cross section of congressmen from both parties push for resumed government spending on a modified scale to lift business activity. Debate centers on timing and whether to start in January or February with a pump priming approach. Some senators urge a public 10 point program to halt the recession.
MENTIONED IN THIS ARTICLE
Vandenberg
R-Mich
Bailey
D-Nc
Byrd
D-Va
Gerry
R-Ri
Senate
Lewis Douglas
Schwellenbach
Dwash
Washington
Dec
Congress
Roosevelt
Fragmentary Political Memo on Balanced Budget and Private Enterprise
The text discusses balance between capital and labor, reliance on private savings, profit motive, and the American private enterprise system. It mentions general tax burden, states’ rights, non-political relief distribution, and collateral entry. A small group including ce is noted as possibly preparing the document.
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Precious Mary Geraghty
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John H. Geraghty
Chicago
Geraghty
Galileo
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Yerba Buena
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London
Central Ice Delivery CO
High Street
Bo Co
High Point Floral CO
English Street
Madame Meredith
High Point, N. C
American Discount CO
Pat Brown
Washington Street
High Point Office
Commerce
Security Bank
Samuel Hyman
Hamilton
Bulova
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Gruen
Waltham
Cnquiitely
Coligbilty
Hamilton Marterprees
Fulton
Wedding Bend
Erec