Social Security Act of 1935 Quotes

There is no such thing, biologically, socially or economically, as absolute security; but the greatest security comes from within the individual rather than from without and the Thames unduly to ensure, will so weaken the individual and cannot adapt circumstances and environment to himself, or himself to his surroundings.

John C. Parker, President of the Brooklyn Edison Company.

If the provisions of the bill now pending should be adopted, the country should realize that within a decade there will be a tax burden amounting to as much as $1 billion.

Chamber of Commerce statement.
292605/05/1935 | Full Details | Law(s): Social Security Act of 1935

In other countries, the problem is handled by taking the necessary sum each year from the current taxes. Otherwise the load would get so big as to be a menace. On the other hand, if industry is burdened with too heavy taxes, the result may be more unemployment in the future, killing the goose that lays the golden eggs.

Harper Sibley, the incoming president of Chamber of Commerce.

So-called social security [will] mean industrial in-security.

National Association of Manufacturers, May, 1935.
293105/01/1935 | Full Details | Law(s): Social Security Act of 1935

This bill opens the door and invites the entrance into the political field of a power so vast, so powerful as to threaten the integrity of our institutions and to pull the pillars of the temple down upon the heads of our descendants.

Rep. James W. Wadsworth (R-NY)

[Social Security will ] impose a crushing burden on industry and labor [and] establish a bureaucracy in the field of insurance in competition with private business.

Republican statement on the Ways and Means committee vote.

The lash of the dictator will be felt and 25 million free Americans will for the first time submit themselves to a finger print test.

Representative Daniel Reed (R-NY)

Never in the history of the world has any measure been brought in here so insidiously designed so as to prevent business recovery, to enslave workers, and to prevent any possibility of the employers providing work for the people.

Representative John Taber (R-NY)
292104/19/1935 | Full Details | Law(s): Social Security Act of 1935

Business and industry are already operating under heavy burdens: and that old –age insurance would cause more unemployment.

Allen Treadway (R-Mass), the ranking minority member of the Ways and Means committee.

The Senate Finance Committee stands between us and stands between businesses that are almost prostrate, stands between us and destruction, and we feel that we can come to you for support and for protection. You will have no taxes to pay anything with if you do not keep American industry alive, and we have a right to depend on you gentlemen to do it, no matter what propositions, impractical propositions, are brought up.

Elon H. Hooker, president of the Manufacturing Chemists Association. Senate Finance Committee hearings.