The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1935-01-08
War Funds Show
Biggest Increase
Continued from Page y

The cut in the deficit and in the
national debt, of course, will be
greeted warmly by the financial mo-
guls, whose corporate profits" the
President announced today, Gin
creased considerably" Quite obvi-
ously, the fiscal improvement was
made at the expense mainly of the
estimated three and a half million
unemployed "employable" heads of
families, all Of whom, according to
Roosevelt's plan, are to be taken
off the relief rolls by July 1. or at
the latest, the Fall Of 1885. and
transferred to the various forced
labor projects of the low-wage
single, new and greatly enlarged
plan" for emergency employment. ("
Though one and half million "un-
employable" heads of families are to
be tossed off the relief rolls by Feb.
l. 1885, Roosevelt asks for only
$500, 100000 for direct relief pur-
poses until July 1, 1895, when it is
expected the new employment"
program will be fully launched.
To Extend c. C. G.
In his budget message, the Presi-
dent asks that $4,000, 900, 900 be
appropriated by the Congress in one
sum, subject to ALLEGATION by the
Executive (Roosevelt) principally
for giving work to those unem-
ployed on the relief rolls" This
$4,000 100000. Roosevelt stated in a
special budget press conference Sat-
urday, will also take care of the
militaristic Civilian Conservation
Corps, the operation and guidance
of which is under the War Depart
ment. What "the extension and
enlargement of the successful work
OF the C.C.C.," called for in Fridays
opening presidential message, will
mean for the next fiscal year in
dollars and cents can only be
guessed but it is certain that it will
go well above the 1901 ,O37,3l5 cur
rent expenses for the fiscal year
ending this June 80.
In addition to asking that all of
the present emergency taxes" be
made permanent, Roosevelt indi-
Gated emphatically at his Saturday
conference that If Congress should
pass the veterans bonus over his
head it will be paid by new taxes.
That is, it will not come substan-
TALLY out of taxes on the big prof
its increased so handsomely by the
New Deal but will be taken from
the wage earners and salaried
classes.
Against Debt Cancellation
Discussing the bonus, Roosevelt
announced that he would not stand
for what he described as any min
GRITTY like the veterans who, he said
seek to have debts forgiven by the
government. He indicated, thereby
that he is still opposed to cancelling
the insupportable debts of the small
and middle farmers. Asked Satur-
day whether he expects to balance
the budget" by 1887, Roosevelt re-
piled blithely that hope springs
eternal. In his budget message
however, he declares that he is Sub
hitting to the Congress a budget
for the fiscal year 1886 which bal
ances except for expenditures to
give work to the unemployed" eff
this budget receives the approval OF
the Congress, the country will
henceforth have the assurance that
with the single exception of this
item, every current expenditure OF
whatever nature will be fully COW
cred by our estimates of current
receipts. Such deficit as occurs will
be due solely to this cause, and ii
may be expected to decline as
rapidly as private industry is able
to reemploy those who now are
without work"
In addition to refusing to restore
the final 5 per cent of the Is per
cent Federal employees wage cut
until July l rather than on jan
uary l as requested by Federal en-
ployee organizations. Roosevelt pro-
posed the continuation of the g.
cent postage rate for non-local first
class mall one of the main pur-
poses of which is to make the
people bear large part Of the bur-
den of the graft-laden steamship
and aircraft subsidies-the heads oil
which concerns pay VIGOROUSLY low
wages.
Business Activity
Roosevelt, in his summary of the
year just ended and for the period
which goes halfway through 1885,
declared that Business was sub
stantially more active during the
fiscal year 1884 than in either OF
the two preceding final years" He
stated that g. the total number
of unemployed at the end of the
fiscal year 1884, although still very
large, decreased by about 100000
as compared with June, 1898, and
100000, as compared with the
worst point of the depression, which
fell in March, 1888" He neglected
to point out here, however, that the
June, 1888, employment increase
was caused mainly by speculative
production, while the March, 1888
period was the lowest point of the
economic crisis. He is also silent
about the American Federation of
Labor's conservatively estimated
announcement that in November
1894, unemployment had increased
100000 as compared with the CORE
spending month of 1888, the sixth
successive monthly unemployment
increase.
Rejecting higher wage rates and
an expansion in total hours worked
industrial payrolls averaged sharply