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The Spectator in Joliet, Illinois

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Spectator

Location

Joliet, Illinois, United States of America

Date

Dec 29, 1938

Page

2

Townsend and Brewster discuss old age pensions and tax plan

Rep Ralph O Brewster of Dexter Maine argues in a Townsend movement letter that 40 to 50 dollar monthly old age pensions are affordable if funded by taxes. He favors a direct transaction tax and warns current benefits rely on borrowed money, urging a definite distribution plan to win broad support.

Townsend National Ralph O. Brewster Dexter Maine Brookings Institution

Townsend Plan for Recovery If We Tax the People

The text argues a balanced budget and conservative tax based plan as the cornerstone for recovery. It suggests a monthly provision between fifty and sixty dollars for eligible beneficiaries and discusses the potential cost of two hundred dollars per person. It references Brookings Institution estimates of productive capacity and production potential above 1929 levels. It also notes the weight of blood as 1-18 of the body.

LeNeras Ion Townsend Reed Smooth Ways and Means Committee Moulton Brookings Institution

Suits Filed Over State Old Age Support Requirement

The State Division of Old Age Assistance plans suits against well to do adults shifting to the state the burden of supporting their parents. A Franklin County Circuit Court decision upholds the Illinois Old Age Assistance Act provision requiring financially able children to support their parents, despite challenges as a defense to alien.

Franklin County Xacovelycalony Abeberty

Also Mentioned on This Page

Happy Zoo Jack Sadie Brookfield Zoo Lawmaker Townsend Friend Reed Smoot Chamber of Leo Remillard Hotel Marshall Aurora, Illinois Fox Valley Party Vincent Pierce Janet Joyce S. Broadway Aurora, Ill Edward E. Dwyer Mgr Ann Kriesches N. Broadway White
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