Warning that the sole means of financing the Roosevelt programme is taxation, Mr. Hamilton declared that "business cannot flourish with the strangling hold of the tax collector on its neck," and reiterated that "one of the major troubles in the present situation is that business is bowed down with taxation.
Earlier today, in a radio debate with Mr. Lister Hill Democratic Representative of Alabama, Senator Arthur Vandenberg, Michigan Republican and a leading contender for the Republicans' 1940 presidential nomination, similarly criticized Administration policies.
Senator Vandenberg maintained that further spending would hurt confidence, impede recovery, help only "the next election."
President Roosevelt today summoned Administration leaders for conference on Monday on plans to expedite the recovery drive and to break the deadlock on other major legislation now before Congress.
The conference is expected to result in a decision on a probable adjournment date and discussions of the revenue act, on which conferees are now deadlocked, the wages-and-hours bill, now being bitterly debated, and the regional planning bill.
Administration leaders said the President had agreed that pump-priming recovery legislation must be given first attention, including the milliard and a quarter appropriation for the Works Progress Administration and a milliard for Public Works Administration lending projects. Democrats are confident the recovery measures will be enacted quickly, despite bitter Republican opposition.
Southern representatives threaten to "talk to death" the wages-and-hours bill
Text read from the printed page and cleaned; old type leaves the occasional error.