Evening star., 1934-05-06
President to Try the Rest Cure ON the
Country After Congress Adjourns

of credit closed to them will be start
ing to operate. This, too. is expected
to lubricate the wheels Of business and
to aid in employment. Besides. about
$3.50 100000 will be flowing into the
rural regions through bounty pay
ments to corn, hog and cotton farm
ers. These funds will serve to help
business in the farming areas affected.
The Public Works Administration, if
it is to prove of value as spending
agency any time soon, will be paying
out large quantities of dollars during
the months Just ahead.
At the same time that these agen-
cies Of help for business are pouring
there will be steady tightening up
of the budget
Recently Mr.. Roosevelt has shown
himself determined to adhere strictly
to the limitations of the budget he
has outlined. This calls for balance
of outgo and income for the fiscal
year 1896, which starts July /, 1895.
All the steps taken are within the
limits of that budget. The only thing
that may break through this program
would be an increase in the demand
for relief funds. At present the num-
Der of families getting Federal help
because OF unemployment is the high
est of the depression.
All in all, the effort of late on the
part Of the administration has been
to placate business and to recognize
its desire for a chance to show the
country what it can do toward get
ting the country's economic machine
IN gear.
II, after a trial Of several months.
the results are scarcely up to expec-
tations, or if there should occur an
other slump in prices that would
again start the spiral of deflation
then new doses of medicine might be
in store for the Nation. In that case.
the country will be calling on the pro-
feSsors once more.
These specialists. who have been
shouldered with heavy responsibilities
in the months since March, 1888, have
retired from the limelight as a result
Of the outburst from Dr.. William
Writ.
They are inclined to admit in pri-
vate that return of prosperity will
make their ideas and personalities
rather unpopular.
But if prosperity does not return in
a hurry, and if new remedies are going
to be needed, then the country is
likely to see more professors in Gov
ernment service
AS some advisers to the President.
including Henry Wallace, Secretary OF
Agriculture, see it, the future of the
dependent on world political and eco
nomic affairs.
If, with the prospective new tariff
bargaining powers. this country can
gain back lost foreign markets for
farm products and for some manufac-
tured products, then the controls such
as A. A. A. and N. r. A. will lose
much of their value, and the profess
sors will become unpopular.
If, however, world trade does not
revive and countries continue to dig
in and try to become self-sufficient.
even mbore drastic remedies will be
needed to balance up the situation
within this country through the A.
A. A. and the N. r. A. machinery.
Then the professors and their ideas
will tend to come back into vogue.
The next few months are expected
to tell the tale.
Mr.. Roosevelt, during those months,
apparently is inclined to give business
chance to show its colors with as
little interference as possible from
Federal authorities.
(Copyright. 1934)