Word: townsends
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Dates: during 1930-1939
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...Stuart Chase is "our outstanding economist." Says that "private bankers control credit on the basis of what's in it for me. Let us give back to the Federal government where the Constitution placed it, the control of currency and credit." Mr. Goodwin places all his eggs in the Townsend Plan basket. This plan provides for a monthly pension of $200 to all men over SIXTY with the proviso that the recipients must spend it all within the month. The money is to be raised through a sales tax, but when the committee questioned him on the details...
...fabled Dutchman and the non-stop salt machine, the President was discovering that his New Deal liberalism was undamming an undisciplined torrent of independent Leftist movements all over the country: Huey Long's Share-the-Wealth Clubs, Prestonia Mann Martin's "Commons & Capitals," Dr. Francis Everett Townsend's pension scheme (TIME. Oct. 15). There was an EPIW in Washington. Some 200,000 persons were said to be enrolled in the Utopian Society. If this sort of thing kept on, conservatives predicted that they would probably be clinging to Franklin Roosevelt as the last man left...
Apart from raising an estimated $1,000,000 and enlisting the solid support of the California Press, the tactics of conservatives have proved largely negative. In self-defense, Acting Governor Merriam espoused, under his breath, the Townsend Plan, a wild-eyed scheme to pay oldsters $200 a month with the understanding that each month's pension be spent in full within 30 days. But nobody took him seriously. Big drive of the "nonpartisan" Stop Sinclair movement took the form of a blizzard of pamphlets proclaiming: "Out Of His Own Mouth Shall He Be Judged." Material was culled from Author...
...Townsend Plan is not to be confused with other California products. Except for the support of individual Utopians it has no connection with the Utopian Society, a mystic mixture of Technocracy, Communism and Ku Klux Klannishness which sprouted in Los Angeles and is now burgeoning throughout the West. It does not even have the sympathy of Upton Sinclair, whose EPIC plan would pension all oldsters at a mere $50 per month. Candidate Sinclair has said of it: "It would only take money away from able-bodied young people and give it to a group of old persons. It would impose...
...Townsend, grey, gentle, diffident, lives with his wife Minnie in Long Beach, has a grown son and daughter close at hand. Happy are they in the faith that Papa's Plan will win national attention when Congress opens. That a groundswell of public sentiment for old age pensions is rising was indicated last week by results of a New York Herald Tribune questionnaire. Of nearly 5,000 U. S. newspaper and farm journal editors who replied, two-thirds reported their communities solidly behind some compulsory government sys tem of old age pensions. Of many another New Deal plank, only minimum...