Old age pensions. Townsend plan, report to accompany H. R. 6466 [to provide for and promote general welfare of United States by supplying to the people more liberal distribution and increase of purchasing power, retiring certain citizens from gainful employment, improving and stabilizing gainful employment for other citizens, stimulating agricultural and industrial production and general business, and alleviating hazards and insecurity of old age and unemployment, to provide method whereby citizens shall contribute to purchase of and receive retirement annuity, to provide for raising of necessary revenue to operate continuing plan therefor, to provide for appropriation and expenditure of such revenue, to provide for proper administration of this act, to provide penalties for violation of act, and for other purposes]; submitted by Mr. Doughton.

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