Evening star., 1934-10-01
Proposal Outstanding in
Speech Which Gives Critics
Sharp Answer.
INTIMATl0NS OF SWING
TO RIGHT ARE LACKING
Address Gives Only Indirect An.
swer to Queries of U. S. Cham
Der of Commerce.
BY G. GOULD LINCOLN.

b1 u. OOULD LINCOLN.
President Roosevelt's proposal for q
specific trial period of industrial
peace" contained in his. address to
the American people over the radio
last night, brought general approval
today. The approval came from lead
ers both of industry and of labor.
The country will await with interest
the working out of the details for the
conferences which the Presi6crS said
he was planning within the coming
month" with representatives of labor
and industry. At those conferences
he will seek their cooperation in
bringing about the truce which he
believes should obtain.
Proposal Outstanding.
This new proposal of the President,
made soon after the country has
witnessed one of the largest and most
costly strikes in the cotton industry.
overshadowed in a measure the rest
of the Presidents address. The ad-
dress. however, was interpreted today
as a clear announcement that he was
retreating no whit from the New
Deal. There was no indication in it
that he was swinging to the right,
although he did say that he would
count in the future on the driving
force of individual initiative" and
the incentive of fair private proft
to help the country on its road to re-
covery.
The President in this speech, the
first he has made to the people from
the White House since he left Wash
ington to 60 to Hawaii, did not an
nounce his policy with regard to cur
rency.
He did not say what he intended
to do about balancing the budget.
Hints at n. r. A. Course. -,~-
He did not say what direction the
N. R. A. would take under Its new
set-up, although he did indicate that
there might be notifications relating
to control of production and price
fixing, and that the plan might be
| withdrawn from small businesses in
smaller communities.
He did not outline what legislation
he will propose to Congress either
with regard to the N. r. A. or any OF
the other features Of the New Deal
program. He did say that there
would be proposed permanent legisla-
tion to continue the N. r. A. Other
wise the national recovery act would
automatically be repealed next June.
And if it were repealed, section (a).
which places in the Federal law the
right of collective bargaining by en-
ployes, would expire with it.
The Presidents speech was not in
any sense a reply to the QUESTIONABLE
propounded to him by the United
States Chamber of Commerce, since
| it did not answer the questions asked
therein except by implication in some
cases. 1t was a reply to the critics
of the Roosevelt New Deal. including
the members of the Chamber Of Com
merce.
Answers Foes Sharply.
Without using names. the President
took the bankers of the country to
task for failure to come to-the coun-
try's assistance in the depression. He
slapped at critics of his New Deal
| policies, who, he said. have now come
out of their storm cellars" and ap-
parently have forgotten that there
| ever was a storm. These critics, he
said fortunately were few in num-
| ber and were frightened by boldnesS
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