Evening star., 1934-03-04
Every Citizen
Is Touched
by Tests.
TRADE REVIVAL
MOST DIFFICULT
President Plans to
Continue Heavy
Spending.
BY G. GOULD LINCOLN.


This is New Years day for the New
Deal. President Roosevelt begins his
second year in the White House.
The governmental and economic
experiments undertaken in his first
year in Office will be weighed in the
balance during the next II months
experiments that touch every citizen
of the United States.
But that is not all. The President
is going forward with new proposals
in his drive to bring back more pros
porous days.
He has a new and more permanent
relief plan to meet the situation that
is to develop when the Civil Works
Administration has been demobilized
the 1st of May.
He is pressing Congress for power
to make commercial agreements with
foreign nations in order to revive
Americas foreign trade.
He Is setting up export import
banking corporations, so that there
will be governmental aid to the for
eign trade of the country.
Will Seek Sterilization.
He is soon to tackle the vexing
problem of the war debts, billions of
dollars still owing to the American
people.
He will continue to control the
monetary situation and will seek an
eventual stabilization Of the dollar and
the foreign exchange.
He is asking the establishment OF q
Federal communications commission.
He is proposing new Philippine
independence act, with the withdrawal
of American military forces from the
islands.
He is moving for a general disarm-
ament agreement among the nations
of the world and for a treaty that
armed forces of no country shall in
wade the territory Of another in vio-
lation Of treaty rights.
He is proposing Government regula-
ton of stock exchanges.
These and other problems make the
program for Roosevelt's second year
in the White House tremendous one.
And there Is one subject of vital
importance to the people which the
President has already indicated he in
tends to deal with-continued increas-
ing governmental expenditures. He
has told the Congress and the country
that the spigot out OF which billions
of dollars of Government money are
pouring must be turned off.
The President has predicted that
the public debt of the United States
will reach the staggering sum of $751;
1874, 100000 on June 30. 1885. Already
1t is we'll on its way to that figure.
And he has urged the Congress. in
making appropriations, to seek to hold
the debt within those figures, and has
pledged the cooperation of the Execu-
tive in making estimates to that end
The expenditures for the fiscal year
1886, which begins July l, 1885, must
be kept within the revenues of the
Government expected for that year.
$4,000 Projects Approved.
Under the direction of Gen. Hugh
S. johnson. the NJ r. A.. through
which the Government is controlling
and regulating industry to a greater
extent than ever before, is to be re-
vamped to meet criticisms leveled
against it, some of which appear to
be valid. Industry and labor both are
expected to have hand in this re-
vamping.
The huge public works program,
directed by Secretary Ickes, is ex-
pected to flower during this second
year of the Roosevelt administra-
ton. Somewhere in the neighbor-
hood of $4,000 projects for public
works, State and Federal, located in
every part of the country, have been
approved. Because of the necessity OF
examining the proposed projects to
see that they are worthy and because
of the time required for drawing plans
and letting the bids, 1t has been i'm
possible during the first year to get
this huge $4,000, 100000 plan into
quick operation.
As the Roosevelt second year swings
10 action, how does the President
stand with the Congress and with the
people? Generally speaking, he con-
tinues to be the dominating figure in
CONTINUED on Page 4, Column 2)