The Daily Alaska empire., 1933-10-19
BASIS FOR BELIEF.

Capt A. E. Lathrop. visiting here this week en- route to his home in Fairbanks after an extended business trip to the States which took him as lar East as New York City, said: T believe that the MIRA is going to be the salvation of the country He has a sound basis for that belief. He found conditions nightly improved throughout the country Of course we are not back to high level of pros perity there are millions still out of work and want still stalks abroad in the land but things are so much better than they were a year ago that com parisons unnecessary
 Just little more than seven months ago Frank lin D. Roosevelt was naugurated President. Things began to happen immediately. The biggest of these was the NRA, which eliminated all Of the pre- lminary movement initiated under his leadership
 The MIRA has set America on the road to a planned economy It has coded some 30 industries, reduced hours, increased minimum wages and out lawed many unfair practices Partly a result of this revolutionary law almost 3,000000 men have been put back to work buying power at the rate Of S372O0 100000 year is being restored 100000 children under 16 years of age have been freed from wage labor.
 serious effort is being made to prevent profit eering and bids fair to be more than passibly successful
 The Agricultural Adjustment Act and other influ- responsible for an increase of $12l70o000o in the farmers gross income Mortgage relief is slowly being extended to home owners of farm and city.
 The Public Works Administration has allotted S1 653 591 40 out of it's $33O000oO00 work relief fund. That only s7OOOOOOO has been disbursed is not the fault of the Administration but is largely due to the failure of localities take advantage Of the Governments aid
 The Reconstruction Finance Corporation has lent more than s2000000000 and is setting about to buy preferred stock of banks and reopen many closed banks possible. It is preparing to loan upwards S1 00O to MIRA industries refinance rriga- tion districts and insurance companies and otherwise expand public credit
 The Emergency Relief Administration has under taken to beat the enemy hunger. Out of it's $50O- 100000 war chest it has granted S1760O0000 to the States It is purchasing s75OOOOoo worth of food surplus to distribute to the poor organizing transient relief, and adult education work for idle teachers.
 Through the Civilian Conservation Corps, the s25 100000 subsistence farm fund. Muscle Shoals the oil timber, coal and other codes real conservation movement has been initiated
 The Nations current finances have improved. Aside from the emergency debts the normal budget shows deficit of only some $212O00,000, as against three times that amount year ago. Customs, tax and postal receipts climbing. Prohibition repeal and beer taxes will add to the national revenues.
 In our foreign relations have not lost ground In the handling of the Cuban situation, the Nation has strengthened it's position in all Latin American countries. We have added to prestige by our attitude in the current crisis the Disarmament Conference. In spite of the unstable dollar our foreign trade is gaining.
 Thus a great deal has been accomplished in