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| | ==United States Senate== | | ==United States Senate== |
| | Bailey missed a quarter of all roll call votes during his tenure in the Senate.<ref>[https://www.govtrack.us/congress/members/josiah_bailey/401051 Sen. Josiah Bailey]. ''GovTrack.us''. Retrieved February 16, 2021.</ref> | | Bailey missed a quarter of all roll call votes during his tenure in the Senate.<ref>[https://www.govtrack.us/congress/members/josiah_bailey/401051 Sen. Josiah Bailey]. ''GovTrack.us''. Retrieved February 16, 2021.</ref> |
| | + | |
| | + | ===Conservative Manifesto=== |
| | + | Being a fiscal conservative and supporter of [[free market economics]] in opposition to President Roosevelt's expansion of federal government powers, Bailey 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| |
| | + | # Immediate revision of taxes on capital gains and undistributed profits in order to free investment funds. |
| | + | # Reduced expenditures to achieve a balanced budget, and thus, to still fears deterring business expansion. |
| | + | # An end to coercion and violence in relations between capital and labor. |
| | + | # Opposition to “unnecessary” government competition with private enterprise. |
| | + | # Recognition that private investment and enterprise require a reasonable profit. |
| | + | # Safeguarding the collateral upon which credit rests. |
| | + | # Reduction of taxes, or if this proved impossible at the moment, firm assurance of no further increases. |
| | + | # Maintenance of state rights, home rule, and local self-government, except where proved definitely inadequate. |
| | + | # Economical and non-political relief to unemployed with maximum local responsibility. |
| | + | # Reliance upon the American form of government and the American system of enterprise.}} |
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| | ==Quotes== | | ==Quotes== |