The Washington times., 1929-12-03

the maximum number or
taxpayers, with relatively
larger benefits to taxpayers
with small or moderate in
comes.
continuation and extension Of
their businesses. and this hest
tation unchecked could in itself
intensity into a depression with
widespread unemployment and
suffering.
have, therefore, instituted
systematic. voluntary measures
of cooperation with the bust
ness institutions and with State
and municipal authorities to
make certain that fundamental
businesses Of the country shall
continue as usual, that wages
and therefore consuming power
shall not be reduced. and that
a special effort shall be made
to expand construction work
in order to assist in equaliZing
other deficits in employment.
Due to the enlarged sense Of
cooperation and responsibility
which has grown in the bust
ness world during the past few
years the response has been re-
markable and satisfactory.
I am convinced that through
these measures we have reestab-
liShed confidence. ages
should remain stable. A very
large degree of industrial un-
employment and suffering which
would otherwise have occurred
has been prevented. Agricul-
tural prices have reflected the
returning confidence The mea-
Sures taken must be vigorously
pursued until normal conditions
are restored.
Agricultural Situation
The agricultural situation is
improving.
The number of farmer bank
ruptcies is very materially de-
creased below previous years.
Tie decline in land values now
seems to be arrested and rate
of movement from the farm to
the city has been reduced.
The most extensive action for
strengthening the agricultural
industry ever taken by any gov
ment was inaugurated
through the farm marketing act
of June Is last.
The Tariff Problem
The special session of Con-
greSs was called to expedite the
fulfillment of party pledges Of
agricultural relief and the
tariff. The pledge Of farm re-
lief has been carried out.
No condition has arisen in
my view to change my tariff
principles stated at the open
ing Of the special session. am
firmly of the opinion that their
application to the pending revi-
sion will give the country the
kind of tariff law it both
needs and wants. 1t would be
most helpful if action should be
taken at an early moment. more
especially at a time when bust
ness and agriculture are both
cooperating to minimize future
uncertainties. 1t IS just that
they should know what the
rates are to be.
IniuSticeS are bound to de-
velop, such as were experienced
by the dairymen. the flaxSeed
producers, the glass industry,
and others. under the 1922
rates. For this reason, have
been most anxious that the
broad principle of the flexible
tariff as provided in the exist
ing law should be preserved
and it's delays in action avoided
by more expeditions methods Of
determining the costs Of pro-
duction at home and abroad,
with executive authority to
promulgate such changes upon
recommendation of the Tariff
Commission after exhaustive In
vestigation.
Changes by the Congress in
the isolated items such as those
to which I have referred would
have been most unlikely both
because of the concentrations
of oppositionS IN the country,
who could see no advantage to
their own industry or State,
and because of the difficulty OF
limiting consideration by the
Congress to such isolated cases.
There is no fundamental con
flict between the interests of
the farmer and the worker.
Lowering of the standards Of
living of either tends to destroy
the other. The prosperity. of
one rests upon the well-being Of
the other. Nor Is there any
real conflict between the East
and the West or the North
and the South in the United
States.
Public Buildings
An expedition and enlarge
ment of the program in the
District would bring about di-
rect economies in construction
by enabling the erection of
buildings in regular sequence.
BY maintaining a stable labor
force in the city. contracts can
be made on more advantageous
term5.
The earlier completion Of this
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