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About Southern Oregon miner. (Ashland, Or.) 1935-1946 | View Entire Issue (March 13, 1936)
Page 6 SOUTHERN OREGON MINER Townsend Topics — By Publicity Committee — Asidand Townsend Club - - - ----- - Townsend Plan Radio Talk ■ of truth and understanding, that the Townsend Plan stands on its By R. E. Clements own feet. The Townsend Plan does Co-founder and Nat'l. Sec. not require that the government In the limited time I have, I sell bonds or borrow money as am going to confine my talk to the government is now doing It the transaction tax which is to be does not call for the printing of collected to pay the pensions when new currency or greenbacks We the Townsend Plan is enacted into advocate the policy of pay as law. Before I go into that, how you go and stop increasing the ever, I want to clear up, so that j national debt. you may better understand how With this in mind the Townsend ridiculous is the charge made by our opponents that the Townsend Plan provides that the pensions to Plan will, by paying $200 per be paiu shall not be paid from month to our retired elders, bank-1 loans or other government reve rupt the National government and nues now collected. It provides that these pensions be paid by a destroy its credit. special tax; and that the monies This, of course, is false, and is collected from this special tax only made to frighten those who shall be deposited in the United are not informed as to the sound basic principles upon which the States Treasury and used only for the payment of old age pensions; Townsend Plan has been worked out by its founders. Let me re that this pension money, raised peat, here and now, in the interest by this special tax. shall not be used for any other purpose; and that no other taxes, revenue, or | receipts of the federal government shall be used for old-age pensions Let me repeat, the Townsend I Plan stands on its own feet. It cannot bankrupt the government | or the states or destroy the credit of the United Statin. All [tensions will be paid front and only from this special tax. which is clearly set forth in the bill be fore Congress And let me say I further, that as a safeguard, and as a complete answer to this f^lse charge about bankrupting the national government that* if the amount collected from this tax is not suf ficient during the first few months — or at any time to pay every qualified applicant $200 per month then, and in that event, each an nuitant will receive his or her share- the total amount to be paid out. divided by the number of pen sions to be paid. And at no time will the government pay out more money in pensions than there is money in this special annuity fund. This wise provision in the Town send Plan removed all honest fear that the Townsend Plan might in- Friday, March 13, 1936 I volve the government's credit or 1929 to lx* l.ldh billion dollars The ever heard of tin* Townsend Plan funds raised for other purposes. i l'nit«*<l States Department of Com A hearing was held on mat pro And the Townsend Plan does not merce recently issued a bulletin posal before the Finance Commit- require any tax to be levied by. or | Maying tout check traiiMacUon a- tee "i the United »tales Senate on the state governments as is . lone ill 141 cities estimated by the It had the endorsement of th«* big now required by the present old- Board of Governors of the Federal gest busincHH organizations in Am- age pension law which has just Reserve System, representing 70 erica Here is what they said a been declared unconstitutional by to 7ft percent of all checks drawn ti'iiiiMU'tlon tax would d<> In rais the state Supreme Court of Okla J in the country, amounted to 93ft ing price*. I hold in my hand the honui. Now that I have tried to j billion dollars in 1929. Tiildng printed hearing of the Senate Fin make thia clear, let me cxpluin , these authorities, and others that ance Committee of May 20. 1921. Just what thia special transaction I do not have time to quote, it is On page 3HH th«* incrcuxcd coat of tax ia and the amount we believe fair and conservative to aay that sugar, because of a i'> tranauction it will raise. during times of prosperity,the total tax. ia given as 3 41 percent, fig Briefly stated, and I must be volume of business in this country ures furniahetl by Herman Bros , brief, the transaction tax called will and has amounted 1.200 bil New York, who are in th«* augur a turnover tax by some la a tax lion - the figures given by the Fed business, on bread it la given us levied on every business transac eral Reserve Board's statistical de 2'.; information obtained from tion every turnover In business partment. Personally, I contend wholeaah* and retail dealers in The Reseat ch and Statistical De that with the Townsend Plan in N«*w York On beef, founded on partment of the Federal Reserve i*ff<*ct. the total business In this figures furnished by Armour and country will far exceed that Company, th«* increase would be Board at Washington, in 1932 two years before the Townsend amount. But for th«* sak«* of being only 2’y‘<. on * null (,f clothe*, Plan w a s proposed by Dr. conservative • amt taking figures figures given by u New York clo Townsend and myself gave this from conservative sources - I will thier, the Increase In cost to the information to the Ways and use 1,200 billion us th«* correct consumer would la* 2 34 percent; on a pair of gloves. 2H percent; Means Committee of Congress estimate. A two percent transaction tax on on :i pair of shoes. 3 3 percent; on "The total volume of business transactions in this country in 19- 1,200 billion dollars will produce I an auto lire, 3.2R9 percent; and 2» was about 1.200 billions of dol two billion dollars per month - to 1 th«* machinery manufacturer* frr- for the lars” The Dow-Jones business sta put into this special pension fund nislicd tin* information Seiinie Committee hearing that a. tistical organization of New York, which I hai i* already <*xplaln«*d It is estimat«*d that eight million transaction tax of 1'4 would til reported our business volume in persons could or would qualify for ere. um * th ■ cost to the farmers the $200 per month That would from 3 to 3*x percent. Thia is the Information fumlsh- require one billion 000 million «lol- i o tie i tailed »tales s* aata 1» lare a month This would create - after paying th«* $200 |M*r montn 1921 by th«* largest business firms to «igtit million penslon«*rs - a *<in - in U m I'nitv.i »taiM oa tha hi plu of pm . million doll ii i in the ereused cost to the consumer if a pen *ion fund every month - or five I1, transaction or turnover tax bill on N00 dollars a year - a sur wax levied against business This plus sufficient to r« Ire th«* nation offi ini information, given to th«* al i ebt in five years And th«* fig- Congress in 1921, confirms our re ure.*i I am giving you are not mine. peated statements that a two ,a*r cent transaction tax will not In* ; !«.■ baaed ■ n tin which I have Just quoted My be ere se consumer costs over 5 to •> lief la. I repeat, th«* figures which pet ent ua the figures i just gave 1 u. e arc loo conservative Certain- you from thia Senate document j ly. th«*y arc taken from conaerva- were based on al', tax. and they are therefore, one-half of what a | tiv«' sources. 2' < tax would amount to. ( But tt’«unu* these figures and nil So let me say to y«»u In closing, c.Mt ncites are tOO iugh In lh.it thut the figures and statemcnls i event. w<* have two safeguards i First, we have figured a mirgit which I have quoted i<> you from others, from official and private • of 400 million dollars a month, sources, g ves to you ami me con i ib< ve the amount necerxary to pay crete proof of the questionable th«* $200 per month. Second, we ‘TAL/AN ami malicious campaign that the TOWNSEND TOPICS GAL 2 U Townsend Clubs of America must BALM have th«- absolute safeguard that me *1 But our cause is just, and no more money will be [mid out truth and honesty will prevail than the two percent (ü)algreen Sip km Driicj Store EAST SIDE 3 BIG SALE DAYS Thursday Friday and Saturday PHARMACY 27c Hobnail D«»ifn Genuine GLASS SHERBETS EVERSHARP PENCIL Spociolb Prlcad ........ t'/i-lnoh Platt to Match............ /GOLD FISH and BOWL ‘e Wc 49« Utet 4-inch square lead« 3 «rater» included. ;r..w.17c \Jeansing Tissue« '”^" “*■ ■»•«23c 2 with every purchase of $1.00 or more HINKLE PILLS transact- J Ion tax will produce So j much for I that. I Now let me say a word 1 about the 1 effect of the trsntmi tion tax on th« . consumer - what would It I cost the I consumer it is our contention *hat j it will not increase the cost to th 'consumer ■ to ♦> ¡>erceni lift let me give you th«* authorities First, let me quote Roger Batoon, I »lock mark* t analyst, well knowr j nere in New York on this [ artic ular subje-t H«* says in a «pacta circular issued last December on I the Townsend Plan: "It would in- i ci-ease th«* demand for small hous es • it will tend to increase empioy- I m«*nt ax industrial activity ini- proved to aauSfy new-created pur- ■ basing power it would tend to I raise wage rates" Anil I remind you that Mr Babson Is NOT a supporter of the Townsend Plan However, he says further in this bulletin, which I haven't tim«- to quote further, that th«- Townsend Plan will raise th«* cost of con sumer good.* 1ft'; This we deny, but likewise. Mr itabson has den ied in the statement certain col lege economists nnd newspaper columnists, who claim th«* trans action tax will increase the price of commodities 100'z4, or as the associate «*ditor of a New York magazine said, .*>00 r. In 1921, a transaction tax was proposed and a bill introduced In th<* Congress calling fo ra \*/t tax This was over ten years before you Giant Po-Do “ VofUr" SHAVING CREAM And 10 Po-Do ALARM CLOCK Fully ûOr Guaranteed Beautiful cloiaonette dial. Accurate and dependable. Razor Blades cama * Toilet Soap KOTEX '*o*^*r*ofz •” •# 12 2 #or 35c minerai 43c YOU CAN SAVE MONEY TOOTH BRUSH F.-0« PLAYING CAROS JERGEN’S lotion so« Six*....... 38c Treated < Brietlet______ . Perfection ZAMPHO CLEANSING LYPTUS TISSUES OINTMENT 500 AW '.«/■«« X9c Cough Syrup Campho-Lyptus, 8-oz. Baume Bengue 75c Size .............. ............. Camphorcfed ^nacin Tablets 5-»*- 37c si»*......•** ■E 51« 17« Tin of 12 ...... ________ Bismadine 50« 5-ox. 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Sir. wqc .... 89c 75c Ylck’s tooth p ASTE BUY YOUR 47« T oiletries Extra Values Dolph Liniment, 4-oz. 47c 55c Prince«« Pat Rouge ................... 42c Lavender Lotion, 6-oz.................. 37c 50c Multified Shampoo 34c Orlis Tooth Paste............2 for 25c Perfection Cold Cream, 8-oz........................... 59c Orlit Mouth Wash, Pint............................49c Gillette Blades 10 for 49c Syrup of Figs, 5-oz. .. 34c Valentine Tooth 19c Brush ............... Centaur Playing Cards ....................... 27c Rubber Buby Pants .... 7c Psylliu n Seed, lb...... 29c Peroxide, Full Pint .. 21c Zinc Stearate............. 18c Phospho-Comp. Tonic, Pt............................. 89c Epsom Salts, lb..........16c 75c Doan's Pills....... 51c '*1' "‘ o7 m O J m Ma9n«,/ < «* 49« i milk '"'‘«nd 47c PHILCO NOW! 5 Big Reasons 1. Greater Values 2. Bigger Trade-in Allowances $1.00 $11« LUCKY TIGER HAIR TONIC Hottlo___ _ 3. Lower Down Payments 4. Easier Terms 5. Tree Demonstrations 79c f HAH* OIL Kt—43c ¿JSP* Usm*»-C“1H” Monarch Shamp°° Founta»n Syringe a.Qi. ^$9 c siM L »h* »‘•‘r , ,or one yasr. • •J SM Raffinali* I Il Chocolates 39c Í 1 I I The most out* • t e n d I n f candy fea* ture we have ever offered. i J Fluid _N*ad'» 1 Se*tri I Maltose i fi—......... The district meeting of P. T. A units in to be held next Tursday it Grants Pass A delegation from Ashland la expected to attend 95c 51« Vapo-Rub .... 53c Breethex 49c Inhalant Pertussin 89c 60c Size —. 89« • The anniversary cr.ebratlon of Alphn Chapter of the Eastern Star has been postponed to March 17, it is announced by Mrs H. C Sparr, worthy matron There will be a covered dish dinner at ti 30, followed by an interesting pro gram BROMO se «- tzer For Noto Afhc * Throat Very .lflcl.nl. ... 16« nandù H'H shop Mr and Mrs Donald Caul op ene<l tile sandwich shop at 279 East Ma'n street Monday night New decorations have been instai - led and the shop prenentn a neat appearance. 37c ATOMIZER Drug Needs Olive Oil, Full Pint .. 57c Dr. Lyon's vaJ«ntine ^a,r Tone FOR COUGHS and COLDS I SlM______ 2U66 WAFFLE And get this gift, too. A double opportunity available only during this sale I In lox.„ 27« WASH CLOTHS New Lowboy The Townsend Club meeting last b riday evening wax well attend- ed Only routine business was tuk- eii care of Club No 2 has cunsol- {dated with Club No 1 and we now have one enthusiastic Townsend family in this vicinity Steady pro- gross is being made fifteen new members at our last meeting Every qualified voter should reg- later and be prepared to vole thls mil. This Is very important. You can help the movement by attending the 1-eap Year dance on Friday evening the 13th. fi Chocolateer rl Package 69c °v«r I a '•»orli., ,nj,,M««( ,r»«la. *nd *i.w ■ R A Tl H q ™* New PHILCO 625 S V 1 fruttiti L philco J Tune-in program* from home ind »broad with this hig-vslue Console! Hand*omc floor-t[«e cabinet. With exclusive huiltirt Aerial-Tuning System that double* foreign re ception . . , ELHART’S $84.50
