The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-03-18
NEW DEAL TO
REQUIRE MORE
| LEGISLATION
|lOsevelt Outlining Broad
Aogram Touching Rails,
Other Problems
UlL BE OFFERED
IN CONGRESS SOON

: FREDERICK A. STORM
Led Press Staff Correspondent
TASHINGTON, Mar. IS (UP)
-ls:ermined to clear the decks
( al pressing matters necessary
> ,geedy economic recovery.
hxient Roosevelt last night
n;, preparations to toss an
ns- comprehensive program in
| > ne congressional hopper.
n. Roosevelt assured by lead
H. Of the senate and house that
| IA members would forego a re-
csS in order to give him action.
viii submit recommendations on
variety of subjects pertinent
to his pledge of a new deal. "
They Will include the follow
ng:
An appeal for legislation
+: rehabilitation of the nations
| u system.
Safeguards against specu-
srn.
! Temporary revision of GER
b phases of the banking laws.
| Unemployment relief.
General legislation involv-
liz his complete program.
I was expected by close
s1ds that congress would be
nd Monday to give considera-
IN to the unemployment prob
Z for which a definite plan
IL been drawn up. AT that
N the president would, it was
SEed, send Up a message out
NJ the details of a project to
gre the administration to put
east 100000 men to worS
|E.0ut delay.
! his connection it was learn
Z nat Mr. Roosevelt had aban-
&,st the idea of financing the
employment relief sch e m g
TOagh a half billion dollar bond
zze. The exact financing plan
: not known but some advisers
r convinced that enough money
Is been found in unexpcnded
csasUry balances and in Recon
FACTION Finance Corporation
1tiers to provide a start.
The railroad program Is ex-
ated to follow closely along
Z lines of the one Mr.. Roose-
Z: enunciated in his Salt Lake
IT. speech during the cam
agn. In that address he urg-
! me consolidation of lines, and
r,er regulatory powers over
KS and trucks engaged IN
-State commerce.
Frederick H. Prince, Boston
csStrialist, has been working
2 ne railroad problem which
+ has discussed several times
4 he last few days with the
liSient.
s. far as the banking situa-
I s concerned, it was point
g II that Mr.. Roosevelt felr
aat Sap-gap legislation was all
Saa' could be hoped for in this
VEGA session of congress. 1t
'S sIplained that time did not
sinI; the drafting of measures
Nldlng a complete overhauhng
lie financial structure be-
zen now and May when con-
Is Is expected to adjourn.
U the intervening months be-
ven the converting of congress
iegular session it was the
Ss.2lon of sources close to the
EIe House that a complete
@Nng revision program could
a, fNhCN Jul.
Aeanwhile the president pre-
70 to carry out the authority
Sa'ed him under the terms of
economy bill that will per-
him to slash $500, 100000
~ government expenditures
balance the federal budget.
sas understood he already has
Iacted Budget Director Doug
| % begin pairing, first of all
veteran and civil service
bends explained that Mr..
2eveIt has accepted cheer
~ the additional burden of
.H that falls to him through
S"n TO keep congress in ses-
\, until all emergency legisla-
Is passed.
Saey added that the confer
@ In the last three days be-
k.o the president and con-
ss~I9nal leaders brought about
h. determination to scrap the
% a months recess as orr
by agreed upon when the
|o.Ser called them into extraor-
TTS1fy session.
Inc leaders were represented
D,oS g;e5riectlv willing to go along
h ,ueu the program was rush
ling the day Mr.. Roosevelt
''OntInued on page fOur)