Evening star., 1932-10-23
DECLARES c. 0. P.
RESTORING Jobs
: Republicans Are Winning
( Battle for Recovery, Pres
. ident Declares.
Continued From Fourth Page.)

mortal man could accomplish this end
both these agencies promptly denied
they could produce this rubber dollar
May 3, 1882: The House committees
and the Democratic House refused to
PASS the economies originally proposed
by the administration from $3.50, 900 900
and reduced them to less than
S50,000,O00
June 7, 1882: The Democratic Garner
Rainey bill was passed by the House,
one section of which provided for in
creased expenditures by the taxpayer
of S12G0 100000. This was the pork
barrel bill. This bill did not get through
the Senate because of public protest.
The Democratic vice presidential candi-
date still advocates it.
June Is, 1882: The Patman bill was
passed by the Democratic House prov1d-
ing for the cash payment Of adjusted
service certificates to veterans. requiring
the immediate expenditure of $780,
100000.
June Is, 1882: The Democratic House
passed a provision for the issuance Of
So 300 100000 of fiat money-a form of
currency imitation best exemplified by
the similar action by the German gov
eminent in issuing paper marks in 1922.
Had this measure ever become law
every farmer and every workman would
Rainey Bill Vetoed.
July 7, 1882: The Democratic House
passed the Rainey bill, including a pro-
vision for injecting the Federal Govern
ment into direct personal banking. In
Vetoing that measure I stated it would
mean loans for every conceivable pur
pose on every conceivable security to
any one who wants money. 1t would
place the Government in private bank
ing in such fashion as to violate every
principle of public relations on which
We have builded our Nation and would
render insecure its very foundations.
July l3, 1882: The House passed the
relief bill, but insisted upon injecting
1922 100000 of expenditures upon the
taxpayer against my protests. These
are by no means all the Democratic
House did. but they indicate the con-
trolling elements of that party
now wish to discuss a proposal of
the Democratic candidate himself.
Early in september there appeared
amongst the unemployed In some of our
cities reproductions of a letter from
Gov. Roosevelt. which read:
'Mr. Lowe Shearon.
356 Front Street,
New York NJ Y.
In accordance with your request I
shall be glad to have you quote me as
follows:
L believe in the inherent right of
every citizen to employment at living
wage and pledge my support to what
ever measures I may deem necessary for
1naugurating self-liquidating public
works. such as utilization of our water
resources. flood control and land recla-
nation, to provide employment for all
surplus labor at all times
Your very sincerely,
FRANKLIN D. ROOSEVELT"
Reported in Newspapers.
This did not appear in the press until
October 13, when it was published in a
leading New York journal It was re-
published on the 14th. and on the 18th
1t was again published. with the state
ment, quoted from Gov Roosevelt, that
1t was substantially correct
There can be only one conclusion
from this statement. 1t is hope held
OUT TO the lO,O00,000 men and women
now unemployed and suffering that they
VIII be given jobs by the Government.
II is a promise no Government could
1uln1l. 1t is utterly wrong to delude
suffering men and women with such as
surances.
The most menacing condition In the
world today is the lack of confidence
and faith. 1t is terrible thing to in
crease this undermining effect by hold
ing out. Tor political purposes promises
10 IU,UUO,O0O men which cannot be kept
and must end in leaving them dis
illusioned
Whole Plan Fantastic.
There are score of reasons why this
whole plan Is fantastic.
These 100000 men, nor any appre-
ciable fraction of them, cannot be pro-
Vlded with jobs in this fashion. The
only way is by healing the wounds of
the economic system to restore them to
their normal jobs
There are many reasons why all this
Is true. To give living wage to these
100000 men, either through employ
Ing them directly on such works or in
directly in the furnishing OF supplies
and services. would cost the Government
from 9 to IL billion dollars a year. The
borrowing of this amount of money
would draw the resources from industry
and commerce and cause unemployment
to other millions. 1t would destroy Gov
eminent and private credit on which all
present employment is built and upon
which all hope of future employment
rests.
There are not in the United States
enough of these self -liquidating projects
to employ but small fraction of this
total, and the Reconstruction Corpora
tion Is today engaged in considering
and authorizing such available projects
If there were any beyond their resources
it would require at least year or two
any of them into action before any one
could be employed. To increase land
reclamation would hugely increase ag-
ricultural production at time when
our farmers are already paralyzed by
enormous surpluses. 1t would erect the
most gigantic bureaucracy in all history.
Normal Jobs Are Needed.
But above all, I ask you whether or
not such frivolous promises and dreams
should be held out to suffering unem-
ployed people. Is this the new deal?
may reiterate that the only method by
which we can step suffering and unem-
ployment is by returning people to their
normal jobs in their normal homes,
carrying on their normal functions OF
life. This can only be done by sound
processes of protecting and stimulating
the existing economic system which we
have in action today.
have tonight confined myself to the
measures which we have taken to save
this country from gigantic disaster
and which are in action 70 overcome the
present emergency have not attempt
ed to cover the long-view program OF
the administration and the Republican
party. That I will do upon some other
occasion.
In dealing with the present emergency
I have insisted that we snail as Ma
ton rely upon the initiative and re-
sponsibilities of our citizens, Of our in
stitutions and of our fabric Of local gov
eminent; that the full powers OF the
Federal Government shall be used for
the protection of our people in this
emergency; that the great instrument
talitles and the measures which We
have erected shall be conducted with
out interruption and with constantly
inspiring vigorous action until restora-
A.. q. o1r,r1ofoI orI ohovo that