The Archive · 1933

U.S. TO LOWER ALL TARIFFS

New York, Jan, 26.

The "Special Interests" of the United "States, "against "whom Politicians have vailed for a quarter of @ century, will be sacrificed in the inferent of public good, if such oxford Tugwell, adviser to the edu becomes imperative, Mr. President-elect, Int, Roosevelt, said to-day. "Special Interests" is the wealth, 4 Politician's term for accumulated

Mr, Tugwell was giving what said would be the framework of the Democratic policy for the next four years, The purported seven-point programme which he outlined envisaged drastic economic and financial readjustments, but the policy of sound money without {inflation will be retained.

The seven, points liven to the press by Mr. Tugwell axe as follows:

1, Higher taxes_on incomes, pecially those in the upper brackets, 2, Public works requiring: the expenditure of $5,000,000,000 at the start, Relief to the unemployed will be handled by the Government, in the most direct manner possible Pablic funds will be used in clearing slum avens wherever such procedure Franklin D. Roosevelt, despite the implied reservations.

1 bers of the Republican al-

the President-elect in preparing, ministration who are. working with for the discussions said' th considered Great Britain's sugges. tion that all subjects could not. be Aiscussed, completely and conclusions reached, because of the forthcoming economic conference, was a friendly gesture to France.' Mr. Roosevelt, was represented as feeling that this was entirely proper.

The British Note said: that many Jeconomic questions in which nations other than the United! States and Great Britain were! interested, were to be considered at the World Conference. Agreements could hardly be reached in regard to those matters before the larger conference was convened it that he" President-elect "desires \e" general. impression here

that. there be no anti-French bloc jat_the Economic Conference, and that, the interests of France will mot be ignored. Mr. Roosevelt, will not agree to any move to disregard French interests" because France: failed to meet her December. ws debt instalment, United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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