Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-04
Continued From First Page.)


must be forgotten in the mad chase
of evanescent profits. These dark
Gays will be worth all they cost us
if they teach us that our true des-
tiny is not to be ministered unto
but to minister to ourselves and to
our fellowmen.
Recognition of the falsity Of mate
rial wealth as the standard of sue
cess goes hand in hand with the
abandonment Of the false belief
that public Office and high political
position are to be valued only by
the standards of pride OF place and
personal profit; and thRe must be
an end to a conduct in banking and
in business which too often has given
to a sacred trust the likeness of
callous and selfish wrongdoing.
Small wonder that confidence Ian
cuisines, for it thrives only on hon.
esty, on honor, on the sacredness
of obligations, on faithful protec-
ton, on unselfish performance:
Without them it cannot live.
Restoration calls, however. not for
changes in ethics alone. This Nation
asks for action, and action now.
Our greatest primary task is to
put people to work. This is no I'M
solvable problem if We face it wisely
and courageously. 1t can be ac-
complished, in part, by direct recruit
ing by the Government itself, treat
ing the task as we would treat the
emergency of war, but at the same
time through this employment ac-
complishing greatly needed projects
to stimulate and reorganize the use
of our natural resources.
Hand in hand with this we must
frankly recognize the overbalance Of
population in our industrial centers
and, by engaging on national
scale in a redistribution, endeavor to
provide better use of the land for
those best fitted for the land. The
task can be helped by definite ef-
forts to raise the values of agricul-
tural products and with this the
power to purchase the output of our
cities. 1t can be helped by prevent
ing realistically the tragedy Of the
growing loss through foreclosure, Of
our small homes and our farms. 1t
can be helped by insistence that the
Federal, State and local Governments
act forthwith on the demand that
their cost be drastically reduced. 1t
can be helped by the unifying Of
relief activities which today are
often scattered. uneconomical and
unequal. 1t can be helped by ma
tional planning for and supervision
OF all forms of transportation and Of
communications and other utilities
which have a definitely public char
acter. There are many ways in
which it can be helped, but it can
never be helped merely by talking
about it. We must act and act
quickly.
Finally, in our progress toward a
resumption of work We require two
safeguards against a return of the
evils of the old order; there must be
a strict supervision Of all banking
and credits and investments; there
must be an end to speculation with
other peoples money, and there must
be provision for an adequate but
sound currency.
These are the lines of attack. I
shall presently urge upon a new
Congress in special session detailed
measures for their fulfillment, and I
shall seek the immediate assistance
of the several States.
Through this program Of action
we address ourselves to putting our
own national house in order and
making income balance outgo. Our
international trade relations though
vastly important, are in point Of
time and necessity secondary to the
establishment of a sound national
economy I favor as a practical
policy the putting Of first things
first. I shall spare no effort to re-
store world trade by international
economic readjustment, but the
emergency at home cannot wait on
that accomplishment.
The basic thought that guides
these specific means of national re-
covery is not narrowly nationalistic.
1t is the insistence. as first con-
sideration, upon the interdependence
of the various elements in and parts
of the United States-a recognition
of the old and permanently import
ant manifestation Of the American
spirit of the pioneer. 1t is the way