Evening star., 1934-01-03
Highlights of Address
Roosevelt Tells Congress Recovery Requires Perna-
nent Readjustment of Social and
Economic Arrangements.

culture up to a level which will re-
store a proper balance between every
section of the country and every
form of work"
Il cannot, unfortunately, present
to you a picture of complete opti-
mism regarding world affairs"
I'VE have, I hope, made it clear
to our neighbors that we seek with
them future avoidance of territorial
expansion and of interference by one
nation in the internal affairs OF
another"
II have made it clear that the
United States cannot take part in
political arrangements in Europe. but
that we stand ready to cooperate at
any time in practicable measures on
world basis looking to immediate
reduction of ornaments and the
lowering of the barriers against
commerce.
I'VE have been shocked by many
notorious examples of injuries done
our citizens by persons or groups who
have been living off their neighborS
by the methods either unethical or
criminal"
self help and self control are the
essence of the American tradition
not of necessity the form Of that ira
dition, but its spirit"
I'VE have ploughed the furrow and
planted the good seed; the hard be-
ginning Is over
We seek to prevent ruinous rival
ries within industrial groups, which
in many cases resemble the gang
wars of the underworld and in
which the real victim in every case
is the public itself.
made it clear to our neighbors that
we seek with them future avoidance
of territorial expansion and Of in
reference by one nation in the in
ternal affairs of another. Further
more, all of us are seeking the
restoration Of commerce in ways
which will preclude the building up
of large favorable trade balances by
any one nation at the expense of
trade debts on the part Of other
nations.
Sees Fear as War Barrier
To European Promises.
In other parts of the world, how
ever, fear of immediate or future ag-
gression and with this the spending
of vast sums on armament, and the
continued building up of defensive
trade barriers. prevent any great
progress in peace or trade agree
mentS I have made it clear that
the United States cannot take part
in political arrangements in Europe
but that we stand ready to co-ope-
rate at any time in practicable meas
ures on a world basis looking TO
immediate reduction Of armamentS
and the lowering of the barriers
against commerce.
l expect to report to you later IN
regard to debts owed the Govern
ment and people of this country by
the governments and peoples OF other
countries. Several nations, acknoWl-
edging the debt. have paid in small
part; other nations have failed TO
pay One nation-Finland- paid
the inStallnentS due this country IN
full
Returning to home problems, We
have been shocked by many notorious
examples of injuries done our citi-
zens by persons or groups who have
been living off their neighborS by the
use of methods either unethical or
criminal.
Assails Tax Evasion
Among Wealthy Group.
In the first category-a field which
does not involve violations of the
letter of our laws-practices have
been brought to light which have
shocked those who believed that We
were in the past generation raising
the ethical standards of bust
ness They call for stringent pre-
vpntivp Or regulatory measures. |