Speech #740105283

I mean the collecting of interest by bankers annually on ten times the amount of money they actually own. The word " subsidy" is entirely too mild a term to apply to this form of grand larceny. but here again in no instance of legislation enacted by this or the Seventythird Congress will it be found that direct gifts or subsidies to bankers was authorized. I resent the inference and insinuation that American labor has been subsidized by proper restrictions on immigration. Charges are made often and somewhat anthoritatively by Members of this and the other body of Congress. that several million unlawful aliens are either working in this country or living on Government relief doles. and with the American Federation of Labor saying that 11.000.000. people are unemployed. that statement alone will refute the inference that labor is so subsidized. Consequently.