One proposal during the 1920s, the McNary-Haugen
bill, would have fixed prices of some crops by a
complicated bureaucratic system and passed the costs on
to American consumers.When Congress, under pressure
from some farmers, passed the bill, Coolidge vetoed it.
In his veto message, Coolidge echoed major themes
of limited government.“I do not believe,” Coolidge said,
“that upon serious consideration the farmers of America
would tolerate the precedent of a
body of men chosen solely by one
industry who, acting in the name of
the Government, shall arrange for
contracts which determine prices,
secure the buying and selling of commodities,
the levying of taxes on that
industry, and pay losses on foreign
dumping of any surplus.”
Coolidge then added, “There is
no reason why other industries—
copper, coal, lumber, textiles, and
others—in every occasional difficulty should not receive
the same treatment by the Government.” He concluded,
“Such action would establish bureaucracy on such a
scale as to dominate not only the economic life but the
moral, social, and political future of our people.”
From here(.pdf).
That bureaucracy has been in existence since FDR and the only real cure is the complete dismantlement of it. Unfortunately I don't see that happening, too many people believe that hey are entitled to others money. |
