ABSTRACT

Labor advocates a whole series of large-scale government credit measures, as remedies for unemployment. Such measures aim to benefit the citizen as a producer rather than as a consumer. Labor has not developed a program directed to specified groups of producers other than these measures and policies shared with organized agriculture. Labor's appeal to consumers has been summarized; no part of it is directed against the farmers, our largest group of producers, and nearly all of it appeals to them as strongly as it does to labor. Indeed, many of the measures mentioned came from agricultural progressives in the first instance. Progressives are as anxious as conservatives that national wealth should not be wasted. But the conservatives revolt even against such federal expenditure, since it is paid for partly by taxing the rich. The objections offered to the present small but promising beginnings of these two types of federal expenditure by Republican and Democratic anti-progressives are astounding.