Evening star., 1933-08-26
NE|CHB0RS HONOR
ROOSEVELT TODAY
Douglas Instructed to Have
New Budget Ready by
December !.
By the Associated Press.

n LIE fAfth. IN. L, AueuSI 20
President Roosevelt took today off to
mingle with his old friends and neigh
bors at long-planned reception given
by Duchess County.
Before motoring the short distance
to PoughkeepSie, to be welcomed by
the people of his home county, he as
sured himself of firm fiscal founda-
ton for the Government and inquired
into the progress of the National Re-
covery campaign.
He was pleased with reports from
his two principal financial aides and he
regarded tidings from washington as
meaning fulfillment of the new indus
trial order by Labor day.
Talks yesterday with Secretary of
the Treasury William H. Woodin and
Lewis Douglas, director of the budget.
convinced the President that two billion
dollars in financing for the Govern
ment during the next six months could
we'll be maintained with the admins
tration's strict economy rule.
Money Available.
Douglas was given orders to keep
the budget for the next fiscal year
within the limit of the total expendl-
lures for this year. In other words,
there is going to be near II not an
exactly balanced budget The Presi-
dent doesn't feel there could be much
more in the way of economy but he
uyil1 increase
in costs above this years limited out
lay.
Mr.. Woodin is sure that plenty OF
money is available for the Government,
but he does want to know just when
it is needed, and SO Secretary 1ckes Is
coming here Monday to inform the
President Just when he will need the
money for the 100000 public
works program The object is to time
expenditures with collections.
Also Mr.. Ickes is going to talk over
with the President the personnel of the
board to enforce the agreement among
the warning oil factions for new deal
in this disturbed industry. Meanwhile
there is no hint here of whom the
President has in mind for this i'm
portant agency.
On Monday also, Mr.. Roosevelt is
awaiting flSlG llOul llAo OAA AAANaAN
and political lieutenant, Postmaster
General James A. Farley.
Speculation Revived.
Ever since Mr.. Roosevelt came back
here a few weeks ago for the first
time as President this old Republican
county has been planning a day to
show appreciation to a native son who
went to the highest Office in the land
The appearance here of the two
financial leaders-Woodin and Douglas
served to revive the speculation over
imitation and to bring a fresh exposl-
ton of the administrations policy,
which was reported as unchanged and
for a steady rise in commodity prices
and the purchasing power of the dollar.
1t was said that the word imitation
was not mentioned in the WOodin par
ley. No doubt was left, however, that
Mr. Roosevelt, in pursuing his policy
for an upward trend, would take such
action as is deemed necessary. No new
move is in prospect.
Mr. Woodin, who IS recuperating from
a severe throat infection, departed yes
terday for New York and probably will
not return to the Capital for six weeks
or two months, but it was stated plain
ly that the subject of his resignation
was not mentioned here. The Presi-
dent wants him to go on If possible
Budget by December 1.
In the interest of getting d running
start on the next session of Congress
convening In January. Mr.. Roosevelt
proposed to Douglas that the budget
estimates for the new Government yeal
| be ready by December to peEmit the
House Appropriations Committee tc
start work on them.
, While further cuts in Government
costs below the total of about $2,45O,-
900, 900 for current expenditures fixec
for this year are regarded as improb-
ent limit kept.
Fiscal affairs occupied almost all at
tention yesterday at the Summer White
House. A technical order defining
gold" for purposes of enforcing the
anti-hoarding and embargo regulations
was received from the Attorney Gen.
! eral, but it was not made public. There
is every expectation it will be signed
within the next few days.
On Monday Mr.. Roosevelt will con-
, slider the personnel for the board tc
| enforce the code for the oil industry
with Secretary Ickes. who is the pres
| ent oil administrator Pending that
! talk there is no intimation here ol
! who the administration has in mind.
Railroads Exempted.
| No direct word has been received or
the progress Of the National Recovery
! Administration for establishment of the
working code for the bituminous Goa
industry, but it was said Mr.. Roosevelt
expects to get this agreement early