The points of the document ring as true today as they did in 1937. But who among the current republican leadership could communicate a message like this to the American people?
The following are the ten points of the Conservative Manifesto (1937), as described by the New York Times:
- Immediate revision of taxes on capital gains and undistributed profits in order to free investment funds.
- Reduced expenditures to achieve a balanced budget, and thus, to still fears deterring business expansion.
- An end to coercion and violence in relations between capital and labor.
- Opposition to "unnecessary" government competition with private enterprise.
- Recognition that private investment and enterprise require a reasonable profit.
- Safeguarding the collateral upon which credit rests.
- Reduction of taxes, or if this proved impossible at the moment, firm assurance of no further increases.
- Maintenance of state rights, home rule, and local self-government, except where proved definitely inadequate.
- Economical and non-political relief to unemployed with maximum local responsibility.
- Reliance upon the American form of government and the American system of enterprise.