Evening star., 1933-11-07
WALLACE APPEALS
FOR FAIR CHANCE
Declares in Radio Speech Re-
covery Machinery Is
Worth Trial. !
BY the Assoclstsd Press:

~ VIC 1eo9tl4tS4 ~ tot.s " Y
Asking for q fair trial Of the new re-
covery machinery Secretary Wallace
last night told industry and agriculture
that they must pun together without
being "unduly jealous Of each other
to lift their load from the depression
mire.
Wallace said in a speech that
Frankly, the situation has been dis
turbing," but added:
81 believe the recent increase in pay
rolls VIII soon be reflected in the
stronger purchasing power of city con-
sumers fer our butter. beef, pork and
eggs. There Is encouragement for
farmers IN that. And there is also con-
ISOLATION In the fact that the rather
rapid rise in industrial prices seems to
have been checked, and prices paid by
farmers have remained practically un-
changed during the eight weeks of Sep
tember and October"
The secretary's address was broadcast
over the National Broadcasting System.
Believes In Machinery.
Perhaps the time has come" Wallace
said, for US to say. a little more
plainly. that we believe the new ma
chinery of the national recovery pro-
gram Is worth giving a fair trial We
can insist upon that, it seems to me,
without growing fat-headed about it;
we can, whenever the facts justify it,
admit mistake, and we can from time
to time, admit the necessity for some
change in the operation of the ma
chinery.
But If the principles upon which the
new machinery is designed are sound,
there is every reason for upholding them
lrv1rr %z rrfxr full nj
fair trial; and for resisting attempts to
supplant them with principles and
methods we do not and cannot believe
in"
Referring to the see-sawing between
farm prices during early Summer and
recent rises in industrial wages while
agricultural prices fell, Wallace said
some variation in the rate of recovery
was inevitable and it was the progress
over period of many months that
really tells the tale"
He explained that in past years gross
farm income and factory pay rolls had
gone up or failed together, and had
fallen faster and farther than the total
national income until the income OF
agriculture was about half what it
should be and pay rolls So per cent OF
what they should be.
Doubled Income Held Possible.
IF N. r. A. increases total pay rolls
| from So to 100 per cent within the
next Is n onths-and please notice that
offer this as a possibility, not
as a prophecy-it will not be long
thereafter until the gross income Of
farmers is virtually doubled" Wallace
said adding:
1T will take, fear, at least a couple
| -
were before the depression. Some peo.
pie think we never will get back there
But am convinced that if we really
use our heads and our hearts. if We
have intelligent patience with one an
other, we can make remarkable stride!
during the next year"
Wallace lauded the accomplishment
of the N. R. A. in eliminating chilt
labor and raising wages in certain
notoriously backward industries" ant
expressed his desire TO see the sam,
broad principles eventually applied u
] agriculture. He said it was importan
that the N. R. A. increase wages NOR
rapidly than profits of industry, ant
that industries must be satisfied will
small profits.
"As I see it." he said, "the N. R.
and the A. A. A. are concerned pri
marily with increasing the income o
laboring men and farmers, while a
the same time enabling business mel
/. SO TO regulate their affairs as to max
a state of healthy balance possible.
II Il have been disturbed during recen
weeks to see the way in which certail
selfish groups have tried to get the bet
ter Of one another. The grea
. bulk Of the people of the United State
, do not belong to those warning factions
and it is In behalf of this vast, In
] articulate majority that public servant
tmust continually be working. To thi
end the N. r. A. under Gen. (Iugh S.
. johnson and the A. A. A. under Georg
(N.) Peek viii ever be devoted"