Evening star., 1934-06-08

these acres with others on Wnlcn at
least living can be earned.
The rate Of speed that we can use
fully employ in this attack on i'm
possible social and economic condi-
tions must be determined by business
like procedure. 1t would be absurd
to undertake too many projects at
once or to do a patch of work here
and another there without finishing
the whole of an individual project.
Obviously, the Government cannot
undertake national projects In every
one of the ABS congressional districts,
nor even In every one of the 48 States.
The magnificent conception of ma
tional realism and national needs that
this Congress has built up has not
only set an example of large vision
for all time, but has almost consigned
to oblivion our ancient habit of pork
barrel legislation; to that we cannot
and must not revert.
When the next Congress convenes
carefully considered national plan,
covering the development and the
human use of our national resources
of land and water over longer period
Of years.
In considering the cost of such a
program it must be clear to all of
us that for many years to come we
shall be engaged in the task of re-
habilitating many hundreds of thou
sands Of our American families. In
so doing we shall be decreasing future
nncfS for tho ra1iof nf Iocfiftr-
ton. I hope that it will be possible
for the Government to adopt as clear
policy, to be carried out over long
period, the appropriation of a large,
definite, annual sum so that work
may proceed year after year, not un-
der the urge of temporary expedi-
ency. but in pursuance of the well
considered, rounded objective.
Insurance Security.
The third factor relates to security
against the hazards and vicissitudes
of life. Fear and worry based on un-
known danger contribute to social un-
rest and economic generalization. II,
as our Constitution tells us, our Fed
eral Government was established,
among other things, ito promote the
general welfare" it is our plain duty
to provide for that security upon
which welfare depends.
Next Winter We may well undertake
the great task of furthering the Sc
curity of the citizen and his family
through social insurance.
This is not an untried experiment.
Lessons of experience are available
from States, from industries and from
many nations of the civilized world.
The various types of social insurance
are inter-related; and I think 1t is
difficult to attempt to solve them
piecemeal. Hence, I am looking for
sound means which I can recon-
mend to provide at once security
against several of the great disturbing
factors in life-especially those which
relate to unemployment and old age.
I believe there should be a maximum
of cooperation between States and
the Federal Government. l believe
that the funds necessary to provide
this insurance should be raised by
contribution rather than by an in
crease in general taxation. Above all.
I am convinced that social insurance
should be national in scope. although
the several States should meet at least
large portion Of the cost of manage
ment, leaving to the Federal Govern
ment the responsibility of investing.
maintaining and safeguarding the
funds constituting the necessary in
surance reserves.
To Submit Plan Later.
I have commenced to make. with
the greatest care, the necessary
actuarial and other studies for the
formulation of plans for the con-
sideration of the Seventy-fourth Con-
gress.
These three great objectives-the
security of the home. the security of