Word: governability
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...Lloyd George in his younger days who saddled Great Britain with the Income Tax Act. Today at 71 he hopes to stump up enough enthusiasm for his New Deal to be called to power in coalition with a Labor Government after the next general election. "Labor will win a big electoral victory," declared Prophet Lloyd George, "but will be unable to govern effectively . . . alone. ... I am ready to co-operate...
...Public Works program, including Government-built low-cost housing, to prime the pump of heavy industry which refused to be primed by the first $3,300,000,000 appropriated last year. Such a program was discussed about the White House in astronomical terms of billions of dollars. Prime point was govern-ment spending on such a scale as the country had never before dreamed...
...late as 1929, Lord Londonderry publicly hoped that Prime Minister MacDonald would lose his parliamentary seat in Seaham, where his miner constituents dig Londonderry coal. Two years later Lord Londonderry exploded that the last Labor Cabinet headed by Scot MacDonald "is clinging like limpets to office . . . unfit to govern...
1.Are you in favor of continuing the N.R.A policy of having industrialists govern national policies of business through their code authorities? Russell: Yes, if more effective power is given to consumer Luce: Yes, provided protection can be given small scale industry...
...interview with Professor Chamberlin printed in last Saturday's CRIMSON, he is reported as saying: "Looking backward, it seems no loss than a nightmare that business should have been handed a blank check, as it was under General Johnson, to 'govern itself' with no thought for the consequences. . . Much of the power which largo industrialists have secured for themselves with government sanction will never be retaken from them." It is this in the New Deal that I object to; it is this objection which any honest person should object to. It is the taxing of the bread and meat...