The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-27
: THE INDIANAPOLIS TIMES
PUT
BACK TO WORK.
RICHBERC SAYS
Employment and Business
Gains Under New Deal
Are Cited.
BIZ Lnited Prcss

By United Press
WASHINGTON, Aug. 27-Donald
R. Richberg today presented Presi-
dent Roosevelt with a chart of en-
ployment and business gains under
the New Deal, showing that the first
sixteen months had put 4,120,000
persons back to work and boosted
business profits.
The campaign year summary of
NRA and PWA benefits declared
the unemployment battle was far
from won but reported that:
l. NRA shorter-hour codes pro-
vided 2,23O,O00 jobs.
2. New jobs from March, 1888, to
the creation of NRA aggregated
!, 100000.
3. PWA projects are providing
employment for $4,000 persons, but
these neither were definitely allo-
Gated to nor excluded from the fore
going 4,12O,O00.
Factory Pay Rolls Gain
4. Manufacturing pay rolls in
creased from S96,000,000 in June,
1888, TO S132O0O,O00 in June, 1884.
5. Business failures - principally
small busineSses-decreased 40 per
cent February to March 1884, COM
pared with a like period in 1929.
6. Corporate profits rose from
deficit figure of SO in the first quar-
ter of 1888 to q profit figure of 1872
in the second quarter of 1884.
7. Approximately 95 per cent of all
industrial workers are covered by
NRA codes, providing higher wages
and shorter working hours.
8. Ninety-nine out of every 100
counties has at least one PWA
project.
9. Living costs have gone up
slightly faster than the individual
workers pay.
10. Industry was employing 49,
10000 persons in June of this year.
Urges PWA Extension
The report dealt with industrial
unemployment relief through pri-
vate enterprise (NRA), and public
works. 1t was prepared by Mr..
Richberg as secretary of the execu-
tive council.
Buried in the report was an
nouncement that PWA Administra-
tor Harold L. Ickes had recon-
mended legislation to continue PWA
at least until 1887 That is two
years beyond the date set by Mr..
Roosevelt for the country to begin
living within its income.
Mr.. IckeS has $35,00O,000 left of
his $3,700,000,OO0 appropriation.
Today's report is the first of seven
for presentation to Mr.. Roosevelt by
mid-September as the congressional
campaign enters its final stage. The
reports, providing New Deal candi-
dates with ammunition, will pre-
sent: Agricultural relief; relief of
restitution; relief of financial pres
sure; advance in public services; adj
ministrationS services, and promo
ton of foreign trade.
100000 Still JobIess
The employment statistics of
various agencies are not correlated
and the aggregate of new jobs listed
is we'll above 100000 Mr.. Rich
berg said the figures were impress
sive evidence of continued unem-
ployment. Unofficial estimates place
the jobless at 100000 to 100000.
Labor's share in the national in
come was reported up from 1913 in
June, 1888, to 62.5 in June, 1884. Mr..
Richberg said June living costs had
increased 9.6 per cent, while the
weekly wage increased only 85 per
cent.
The work week in all industry
has been reduced in June by six
hours to an average of thirty-seven
hours, he said. Average wages in
creased 26 per cent to $50 cents an
hour. Mr.. Richberg claimed the
wage increase was due directly to
NRA codes.
American Federation of Labor
membership increased by 100000,
and the number of trade associa-
tons of employers more than dou-
bled.
Mr.. Richberg's report was based
on 1ootprio1 from Uo TfO1Ic foIaro1