Changes

====Conservative Manifesto====

====Conservative Manifesto====

Being a fiscal conservative and supporter of [[free market economics]] in opposition to President Roosevelt's expansion of federal government powers, Bailey and Republican Arthur H. Vandenberg co-authored the [[Conservative Manifesto]], which consisted of the following ten points:<ref>[https://northcarolinahistory.org/encyclopedia/the-conservative-manifesto/ The Conservative Manifesto]. ''North Carolina History Project''. Retrieved February 16, 2021.</ref>

Being a fiscal conservative and supporter of [[free market economics]] in opposition to President Roosevelt's expansion of federal government powers, Bailey and Republican senator Arthur H. Vandenberg of Michigan co-authored the [[Conservative Manifesto]], which consisted of the following ten points:<ref>[https://northcarolinahistory.org/encyclopedia/the-conservative-manifesto/ The Conservative Manifesto]. ''North Carolina History Project''. Retrieved February 16, 2021.</ref>

{{cquote|

{{cquote|

# Immediate revision of taxes on capital gains and undistributed profits in order to free investment funds.

# Immediate revision of taxes on capital gains and undistributed profits in order to free investment funds.