Evening star., 1932-07-30
The President Carries On.

President Hoover is pressing forward
with his program to aid business recov-
cry. 1t is his job to see that the relief
measures passed by Congress in accord
ance with his recommendations are
made effective. Congress has gone. The
Executive remains on duty to see
that the aid intended by the legislators
be given. Yesterday the President an
nounced to the country a nine-point
program in aid of business and agri-
culture. Included in it, of course, are
the relief measures already widely pub
lished to the country. The President,
however, plans to go beyond these
measures. He is having and will con-
tinue to have conferences with leaders
in the business world and with leaders
of agriculture and labor.
One of the matters which the Presi-
dent is examining with the aid OF in
dustrial heads and the heads OF the De-
partments of Labor and Commerce Is
the use of fewer working hours and the
shorter working week, so as to spread
employment over a larger number of
workers. On Monday the President Is
to confer at the White House with rep
resentatives of a recent New England
conference on this subject.
The President is planning for the
creation of a Board of Engineers to
hu bn Ocfrl1rtinF
Finance Corporation for Self-liquidating
public works. He is giving attention to
proposals for the immediate demolition
of slumS and the substitution in their
places of suitable dwellings for the
workers one such self -hquidating
operation in the interest of employment
and the city dwellers at the same time.
In order to aid agriculture. the Presi-
dent explained, co-ordinated pro-
gram for feeder loans to help the live
stock industry is being worked out with
the Farm Board. In addition, every
effort Is being made to restore orderly
marketing of farm commodities. The
Reconstruction Finance Corporation, the
President also sets forth, will become
active in the interests of agriculture,
taking a leading part in cooperation
with the Farm Board and the De-
partment of Agriculture.
With the Reconstruction Finance
Corporation the President has taken up
plans for wider expansion Of credit
facilities to business and industry,
through business, the banks and the
Federal Reserve banks. This expansion
of credit is to aid in production, which
has been curtailed, and If made effective
will greatly aid in increasing employ
nent. Already there have been con-
ferences, the President said, with heads
| of railroads with the purpose of de-
| Ve1opIng programs for increased repair
and maintenance, in cooperation with
the agencies Of the Government for the
purpose of expanding railway employ
ment and orders for supplies. AS soon
as possible the President will appoint
the members of the newly created
Home Loan Bank Board and set in op-
Grafton the machinery to carry into ef-
feet the provisions Of that law, designed
to aid the home owners and home
builders of the country.
The Presidents statement is a timely
reminder of the great work that /;
ahead Of the country, the work of re.
storing business and employment. Il
is his purpose to do all in his power tc
bring back to the millions of unem.
ployed the jobs which they have lost
in the last three years. He will USE
the great Office which he occupies anc
the laws Of Congress to be OF aid.