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...Such action would undo every effort that is being made to reduce Government expenditures and balance the budget. The first duty of every citizen is to build up and sustain the credit of the Government. Such an action would irretrievably undermine it. That's all." Congressman Wright Patman of Texas is the House's loudest advocate of full Bonus payments.* His bill for that purpose was the first introduced at this session. He proposes that the two billion dollars be raised by straight currency inflation, that is, the issuance of unsecured paper money. His arguments for the bonus...

Author: /time Magazine | Title: ARMY & NAVY: Pro Bono Politico | 4/11/1932 | See Source »

...More soldier bonus legislation was widely anticipated last week by House leaders who declared they could not stop the stampede for the veteran vote. After the tax bill is disposed of, the Ways & Means Committee will consider a measure of Texas' Patman to pay the bonus in full by issuing two billion dollars in fiat money. Last week Congressman Patman declared that, with the election coming on. President Hoover would not "dare'' veto his bill...

Author: /time Magazine | Title: THE CONGRESS: Work Done, Apr. 4, 1932 | 4/4/1932 | See Source »

Sirs: Capt. Charles P. Smith's (Candidate for Congressman-at-large, Henderson, Texas) cordial invitation to you to take toll of your intestinal fortitude and decide whether or not you could withstand a visit to Impeacher Patman's district is untimely. Lacking or not lacking in intestinal fortitude, I am not lacking in my knowledge of Cass County. TIME'S statement is correct. There are hillbillies in Cass County. Lovable ones, however, and politicians. Rabbits have been cornered in hollow logs in Patman's district. And snuff (between lower lip and teeth, perhaps Levi Garett...

Author: /time Magazine | Title: Letters, Mar. 7, 1932 | 3/7/1932 | See Source »

...hollow logs and take Levi Garett snuff (between their lower lip and teeth) with their politics, I would like to suggest that if you have the guts to do so that you come down to Cass County and make some of those statements to some of Hon. Wright Patman's neighbors or any of his many friends all over Texas. If you did it would be a good idea to let your cow and calf together for you wouldn't get back that night...

Author: /time Magazine | Title: Letters, Feb. 22, 1932 | 2/22/1932 | See Source »

...Texas are proud of Wright Patman for it seems that he is the only Congressman who has the intestinal fortitude to fight for right and justice. The same international bankers who plunged us into the last "Big Business War" and are trying to involve us in another are the same War Profiteers who are now fighting the veterans who saved their...

Author: /time Magazine | Title: Letters, Feb. 22, 1932 | 2/22/1932 | See Source »

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