The Bismarck Tribune

21 BILLION DOLLAR PUBLIC DEBT DROP NOTED BY WHEELER

National Deficit to Be Partially Made Up Without Taxation, Says Montanan

Minot, N. D., Sept. 28.-(P)--Although the national debt has increased 14 billion dollars, the "public debt" has been reduced 21 billion dollars, Senator Burton K. Wheeler of Montana asserted Saturday night in officially opening the North Dakota Democratic campaign.

Senator Wheeler stated that "about one-third of the national debt will be repaid without resort to taxation."

While the national debt increased 14 billion dollars the past few years, bank loans, which he referred to as "public debt", have been reduced from 36 billion to 15 billion dollars since 1929, Wheeler said.

"The Democratic party is just as anxious as the Republican to balance the national budget" Wheeler said in supporting the candidacy of President Roosevelt, "Before we balance the national budget, we are going to help the people balance their budget," he asserted. "When the people's budget has been balanced, the national budget will take care of itself."

Moses, Holt, Nygaard

Also speaking at the Democratic keynote meeting were John Moses candidate for governor, and Henry Holt and J. J. Nygaard, candidates for congress.

Lauding the president for his "strong sympathy for the ordinary man," Senator Wheeler asserted Roosevelt "knows more about the northwest than any president this country ever had."

"If the liberty leaguers and much of our industrial and corporate royalty will, after they have been soundly beaten in November, cease trying

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21 Billion Dollar
Public Debt Drop
Noted by Wheeler

to frighten the people into submission by undermining all of the recovery policies of the administration, and will cooperate, we will balance both the people's budget and the national budget," Wheeler continued.

"If our industrial royalty, even after the election, continues to undermine recovery, it will take longer to balance the budget and it will be more expensive certainly much more expensive for them."

Moses Opposes Sales Tax

Moses, discussing the Democratic state platform, said that while "personally opposed" to a sales tax, he would "tolerate the sales tax only in case of absolute necessity."

"We demand that the surplus of the sales tax shall be used as a replacement tax, and we favor that such surplus be used for the purpose of creating a homestead exemption, and replace in whole or in part, taxes on the homes in North Dakota," Moses stated.

Moses said he favored reduction in the legislature from a membership of 162 to 40, as an economy move; establishment of a civil service for state employees; and replacement in whole or in part of the taxes on the homes in North Dakota," Moses stated.

Speaking for the entire Democratic ticket, Moses said he believed the party has nominated men who stand for the highest principle in Progressive government."

Advocates Conservation

Holt declared that if elected to congress, he proposed to initiate necessary legislation to carry out a water conservation and land utilization program for the state.

He also said he proposed to advocate soil conservation and crop insurance, if elected.

Nygaard lauded the work of the AAA, WPA, Resettlement and other federal agencies in asking support for President Roosevelt.