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TOWNSEND PLAN POLICIES

INTERNAL DISSENSION DISCLOSED (United. Press Association—By .Electrio Telegraph—Copyright) . WASHINGTON, 30th March/ It was disclosed at the Congressional investigation to-day into the Townsend plan for the payment oL pensions'to. ,all at 60 years of age that' whereas during the last quarter of 1935 the income,. of the plan—namely, Old .‘Age Revolving Pensions, Ltd., from the 10-ceiits monthly dues from members was 350,000 .dpllars, it shrank to 180,000, in .the. nextquarter. - ~ /■;: -f, Internal dissension over basic policies among the leaders, of the movement. ,vf(is also considered to have seriously affected the standing of the organisation, the most recent - resignation being that of Mr McGroarty, who was the organisation’s spokesman in Congress. Mr McGroarty alleged that Df, Townsend had deserted his original plan and was now advocating an entirely different scheme which he was unable to' support. ' •"

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19360401.2.72

Bibliographic details

Nelson Evening Mail, Volume LXX, 1 April 1936, Page 5

Word Count
137

TOWNSEND PLAN POLICIES Nelson Evening Mail, Volume LXX, 1 April 1936, Page 5

TOWNSEND PLAN POLICIES Nelson Evening Mail, Volume LXX, 1 April 1936, Page 5

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