| • Science | • People | • Locations | • Timeline |
1. Nobody should be allowed a personal fortune of more than 100 to 300 times the average family fortune, which would limit personal assets to between $1,500,000 and $5,000,000. Annual capital levy taxes would be assessed on all persons with fortunes exceeding $1,000,000.
2. Every family to be furnished with a homestead allowance of not less than one-third the average family wealth of the country.
3. A guaranteed annual family income of at least $2000 to $2500, or not less than one-third of the average annual family income in the U.S.
4. No person would be allowed an annual income in excess of 100 to 300 times the average family income. Income taxes would be levied to ensure this.
5. An old age pension for all persons over 60.
Huey Long was a radical populist, extremely popular in his home state of Louisiana, but was widely viewed as having one of the most corrupt administrations in American history during his term as governor. Many saw his Share Our Wealth proposal as an unworkable plan that threatened the more responsible reforms of Franklin D. Roosevelt and the New Deal. Many also suspected that Huey Long was planning on using the Share Our Wealth Society as a vehicle for mounting a third party challenge to Roosevelt during the 1936 Presidential electionPresidential CandidateElectoral Vote Popular Vote Pct Party Running Mate(Electoral Votes) Franklin Delano Roosevelt of New York (W) 523 27,751,597 60. 8% Democratic John Nance Garner of Texas (523) Alfred Mossman Landon of Kansas 8 16,679,583 36. 6% Repub. Any Presidential ambitions which Long had were cut short by his assassination on September 8September 8 is the 251st day of the year (252nd in leap years). There are 114 days remaining. Events 1331 Stefan Dusan declares himself king of Serbia 1380 Battle of Kulikovo Russian forces under Grand Prince Dmitrii Ivanovich defeat a mixed army of Tatar, 1935Events January January 1 Italian colonies of Tripoli and Kyrenaika are joined together as Libya January 7 World War II: Italian premier Benito Mussolini and French foreign minister Pierre Laval conclude agreement in which each power undertakes not to oppo in Baton RougeBaton Rouge is the capital of Louisiana, a state of the United States of America. As of the 2000 census, its population is 227,818. It is the seat of East Baton Rouge Parish. Baton Rouge is home to the main campus of Louisiana State University and to Sout.
After Long's assassination, the control of the Share Our Wealth Society fell to Gerald L. K. SmithGerald Lyman Kenneth Smith ( February 27, 1898 April 15, 1976) was considered a demagogue by many. He was briefly the leader of the Share Our Wealth movement. Smith was born in Pardeeville, Wisconsin. He was ordained as a minister in the Disciples of Chri, who was widely viewed as a demagogue. Smith brought the Share Our Wealth Society into a brief coalition with the followers of radio priest Charles CoughlinFather Charles Edward Coughlin ( October 25, 1891 October 27, 1979) was a Roman Catholic priest from Royal Oak, Michigan, a priest from Shrine Catholic Church, and one of the first evangelists to preach to a widespread listening audience over the medium o and old-age pension advocate Francis Townsend in support of the short-lived Union Party, a third party effort which ran William Lemke of North Dakota for President in 1936, but under his leadership, the Share Our Wealth movement quickly fell apart. Gerald L. K. Smith continued a lifelong career as a demagogue, increasingly flirting with anti-Semitism and extreme anti-Communism during the post- World War II years, and was an early advocate of Holocaust denial .