Evening star., 1938-04-15

lOdnS-dnd Lne ldCter sum, because
they are loans, will come back to the
Treasury in the future.
The net effect on the debt of the
Government is this-between now and
July /, 1939-15 months away-the
Treasury will have to raise less than 9
billion and a half dollars of new
money.
Net Addition to Debt Held
Exceeded by Benefits.
Such an addition to the net debt OF
the United States need not give con-
Germ to any citizen, for it will return
to the people of the United States
many times over in increased buying
power and eventually in much greater
Government tax receipts because OF
the increase in the citizen income.
What said to the Congress in the
close of my message I repeat to you
Let us unanimously recognize the
fact that the Federal debt, whether it
be 25 billions or 40 billions, can only
be paid If the Nation obtains a vastly
increased citizen income. 1 repeat
that if this citizen income can be
raised to 100000, 100000 a year the
National Government and the over
Whelming ma jority of State and local
governments will be out of the red =
The higher the national income goes
the faster will we be able to reduce
tho oil of Il
local debts. Viewed from every angle,
| todav'S purchasing poWer-the citi-
zenS' income of today-is not sufficient
to drive the economic system at higher
speed. Responsibility of Government
requires us at this time to supplement
the normal processes and in so sup
planting them to make sure that the
addition is adequate We must start
again on long. steady upward incline
in national income.
And in that process, which
believe is ready to start, let us avoid
the pitfalls of the past-the over
production. the ver-speculation, and
indeed all the extremes which we did
not succeed in avoiding in 1929. In
all OF this, Government cannot and
should not act alone. Business must
help. I am sure business will help.
We need more than the materials
of recovery. We need a unitel ma
tional will.
We need to recognize nationally
that the demands of no group how
ever just, can be satisfied unless that
group is prepared to share in finding
a way to produce the incom, from
which they and all other groups can
be paid. You. as the Congress. I.
as the President. must bv virtue of
our Offices. seek the national good by
preserving the balance between all
groups and all sections.
Capacity Limited Only by
Ability to Work Together.
Eve have at our disposal the ma
tional resources. the money, the skill
OF hand and head to raise our eco
nomic level--our citizens income. Our
capacity is limited only by our ability
to work together. What is needed is
the will.
The time has come to bring that
will into action with every driving
force at our command. And I am
determined 10 do my share.
Certain positive requirements
seem to me to accompany the will
If We have that will
There is placed on all of us the
duty of selfrestraint. !" That is
the discipline of democracy. Every
patriotic citizen must say to himself
or herself that immoderate statement,
appeals to prejudice. the creation of
unkindnesS. are offenses not against
an individual or individuals. but of
fenses against the whole population
of the United States. 80
'Self-restraint implies restraint BY
articulate public opinion. trained to
distinguish fact from falsehood.
trained to believe that bitterness is
never useful instrument in public
affairs. There can be no dictatorship
by an individual or by group in this
Nation. save through division fostered
by hate. Such division there must
never be"
Finally I should like to say a per-
sonal word to you.
never forget that live in a house
owned by all the American people and
that I have been given their trust.
I try always to remember that their
deepest problems are human. I con-
stantly talk with those who come to
tell me their own points Of view-with
those who manage the great industries
and financial institutions of the coun-
try-with those who represent the
farmer and the worker-and often
with average citizens without high
position who come to this house. And
constantly seek to look beyond the
doors OF the White House. beyond the
officialdom of the National Capital
into the hopes and fears of men and
women in their homes. I have Travelled
the country over many times. My
friends. my enemies, my daily mail
bring to me reports of what you are
eAiiihihS dilu lloplIlS L WdllU W UN
sure that neither battles nor burdens
of office shall ever blind me to an inti-
mate knowledge Of the way the Ameri-
can people want to live and the simple
purposes for which they put me here
Men and Women Entitled
to Decent Standards.
In these great problems Of Govern
ment I try not to forget that what
really counts at the bottom of it all
is that the men and women willing to
work can have a decent job to take
care of themselves and their homes
and their children adequately; that
the farmer, the factory worker, the
storekeeper, the gas station man, the
manufacturer the merchant-big and
small-the banker who takes pride in
the help he gives to the building of
his community-that all these can be
sure of reasonable profit and safety
for the savings they earn-not today
nor tomorrow alone, but as far ahead
as they can see.
can hear your unspoken wonder
fo who