The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-04
Text of President Rooeves Inaugural Address Washington
helped by preventing realistically the

helped by preventing realistically the
tragedy Of the growing loss through
foreclosure, Of our small homes and
our farms. It can b helped by insis-
tence that the federal. state and local
governments act forthwith on the de-
mand that their cost be drastically re-
duced. It can be helped BY the unity
ing Of relief activities which today
I are often scattered, uneconomical and
unequal. It can be helped by nation
al planning for and supervision Of all
forms Of transportation and Of COM
munications and other utilities which
have q definitely public character.
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.
Demands Sound Currency
Finally, in our progress toward q
resumption Of work we require two
safeguards against . 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 . new con-
gress in special session detailed meas.
ures for their fulfilment. and 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 interna-
tional trade relations though vastly
important, are in point OF time and
necessity secondary to the establish
ment of q sound national economy.
favor, as a practical policy, the put
ting Of first things first. I shall spare
no effort to restore world trade by In
ternational economic readjustment,
but the emergency at home can not
wait on that accomplishment.
THE basic thought that guides
these specific means Of national re-
covery Is not narrowly nationalistic. l.
Is the insistence, as q first consider
alton, upon the heterogeneous OF
the various elements In and part OF
the United States-a recognition OF
the old and permanently important
manifestation of the American spirit
Of the pioneer. It IS the way to re-
covery. It Is the immediate way. It
is the strongest assurance that the re-
covery will endure.
Would Re Good Neighbor
I'm the field Of world policy woulc
dedicate this nation to the policy OF
the good neighbor-the neighbor who
resolutely respects himself and be-
Icause he does SO, respects the rights
of others-the neighbor who respects
his obligations and respects the sane
tity of his agreements In and with q
world of neighbors
If I read the temper Of our people
correctly, we now realize as we have
never realized before our interdepend-
ence on each other: that we can not
merely take but we must give as well:
that II we are to go forward we must
move as q trained and loyal army.
willing to sacrifice for the good Of =
common discipline, because without
such discipline no progress Is made, no
leadership becomes effective. We are.
I know, ready and willing to submit
our lives and property to such discip-
line because it makes possible lead
ership which aims at q larger good.
This propose to offer, pledging that
the larger purposes will bind upon
us all as a sacred obligation with
Unity of duty hitherto evoked only In
time Of armed strife.
with this pledge taken, assume
unhesitatingly the leadership Of this
great army Of our people dedicated
to disciplined attack upon our COM
mon problems.
Action Is Feasible
Action in this image and to this
end is feasible under the form OF
government which we have inherited
from our ancestors. Our constitution
is so simple and practical that 1t is
possible always to meet extraordinary |
needs by changes In emphasis and ar
rangement without loss Of essential
form. That is why our constitutional
system has proved itself the most
superbly enduring political mechan-
ism the modern world has produced.
It has met every stress Of vast expan. |
sion Of territory. Of foreign wars, Of
bitter internal strife, Of world rela-
tons.
1T IS to be hoped that the normal |
balance Of executive and legislative
authority may be wholly adequate to
meet the unprecedented task before
us. But it may be that an unpre-
cedented demand and need for UNI
delayed action may call for temporary
departure from that normal balance
Of public procedure.
II am prepared under my constitu-
tional duty to recommend the meas
ureS that a stricken nation In the
midst of a stricken world may require.
| These measures, or such other meas
ures as the congress may build out Of
its experience and wisdom, I shall
seek, within my constitutional author
ity, to bring to speedy adoption.
But II Congress Fails
But In the event that the congress
shall fail to take one Of these two
courses, and in the event that the ma
tional emergency Is still critical, !
shall not evade the clear course of
duty that will then confront me. I
shall ask the congress for the one re-
naming instrument to meet the crisis
broad executive power to wage q
war against the emergency, as great
as the power that would be given to
me II we were In fact invaded by q
foreign foe.
For the trust reposed In me will
return the courage and the devotion
that befit the time. can do no less.
I'VE face the arduous days that lie
before us In the warm courage Of ma
tional unity; with the clear conscious
ness Of seeking old and precious moral
values; with the clean satisfaction
that comes from the stern perform
rance Of duty by old and young alike.
we aim ct the assurance Of . round
ed and permanent national life.
I'VE do not diStruSt the future Of