The Waterbury Democrat., 1934-04-02
Roosevelt Nelv Deal
 To Get Vital Test
(Continued from Page 1,

6. Agricultural crop and mort gage loans and AAA benefits ex- ceed $1,172.00O,000.
 z. The 10 per cent wage in. crease plan is spreading through industry.
 Emergency loans, gifts and bene- fits have been distributed by the administration from coast to coast through a multiplicity of agencies to revive industry, agriculture and commerce.
 President Roosevelt's recovery schedule requires purely emer- gency aid to cease 15 months hence on June 30, 1885. Thereafter the country is to live within it's in- come. Three months of the current fiscal year remain. here is the re- cord:
 Treasury
 The new deals bank book.
 The treasury balance sheet for the first nine months of the fiscal year shows:
 1. Income $2,S05,S64,344.4o.
 Expenditures. $4,S17,522,-
 5S2.96.
 3. Deficit, to date, $2,511,65s.- 23S.56.
 Mir Roosevelts budget for fiscal year expenditure of $1O,569, 9,O06,967 and deficit of $7,309. 9.06S,211. It is unlikely so much can or will be spent between now and June 30.
 Employment
 Tho four principal job-making organizations of the new deal are estimated to have provided jobs di- rectly for about 6,0O0,000 persons as follows:
 MIRA industrial unemployment, 2,750,0O0 to 3,000,00O; PWA, H. 100000; CWA 2,Oo0,O0O; eco. 303,525.
 The American Federation of La bor which estimated a 13,689, 1000 peak unemployment of one year ago, credits the new deal with re- employing 5.S31,O00 persons.
 Civilian employees of the execu- tive branch of government, includ- ing all departments and emergency and relief Agencies. increased from 564,432 on June 30, 1893. to 591,- 113 January al, 1884.
 Employment figures are at best honest estimates.
 The Business Trend
 The federal reserve board bus mess activity index takes the aver age of 1923-25 business as an ar- bitrary 100. On that basis busin ess hit bottom of 60 in March, 1898; rose to 100 in July 1888, and de- clined to 72 in November, 1883.
 It Is rising now from a begin- ming of 75 in December of 1883 and a mark of 7S in January.
 Agriculture
 Under the Agriculture Adjust ment Administration approximate- ly 40.000,000 acres of corn, wheat, cotton and tobacco lands are being withdrawn from production.
 The administration has disbursed in excess of $232,392,167, including $S,979,933 for administrative ex- penses. Approximately $117,00O,OO0 has been loaned to cotton and corn farmers.
 In 46 states, 1,774,431 cotton wheat and tobacco farmers have received crop control checks ag- gregating $173,570,549.
 Expenditures for removal of sur plus farm products:
 1. Hogs, $3S,121,013; ?. Wheat, $1,980.042. ASottoA ahu CnCC6C, All these expenditures are to be self-liquidating through imposition of processing and compensatine taxes.
 Farm crop income at 1888 new deal prices was estimated at $3,. 271 100000 compared with $2,1l3,. 100000 in 1882. Industry Recovery Administrator Hugh s Johnson estimates MIRA has re. employed 3,000,000 persons and in. creased the national payroll by s3,. 000, 0,000.0 .000 annually. Codes of fair competition hay, been adopted by 373 industries tt eliminate child labor, sweat shop. and cut-throat competitions; ana to provide guaranteed maximum hours. minimum wages and linre. stricted collective bargaining ts workers.
 Ninety per cent of the 22,000.. 900 workers in industries subject tl codes now are covered by codes. The steel and automobile indus. ff}&G and I144or 1fi1}f4 IoEo 1{{Utf1f