Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-01-03
President States He Will
Not Fail American People
tContinued from Page One.)


treaty obligations con the part of 9th
ers, this nation must &c "adeuuate-
ly strong in self-defcnse."
world peace through international
agreements Mr.. Roosevelt said. sis
most safe in the hands of. democratic
representative governments, or in otli-
er words, peace is most greatly leo
pardized in and by those nations
where democracy has been discarded
or has never developed" ~
The message, one of the longest of
the administration, totaling about a..
900 words, covered the whole field of
major legislation for this session a.
well as business policies and inter
national affairs. '"''-' r r.
Wants Wage-Hour Bill.
Principally, Mr.. Roosevelt asked for
revival of the wage and hour bill,
which was shelved by the House dur
ing the special session; enactment Of
the government reorganization bill:
final action on the "all weather" farm
bill now pending before a joint House
Senate committee; continuation of the
none shall starve" relief policy:
maintenance of necessary government
functions unimpaired; expansio of
purchasing power to point at which
taxes will produce adequate govern
ment revenue; modification of taxes
without reduction of income.
Broadcast Over World.
Radio chains spread the message
across the nation and transcriptions
and. translations were made for re-
hroo CT ox,ar. tho vxyorII
While he urged the adoption of
many business reforms, Mr.. Roose-
welt said there were specific limits to
the extent government, could go in eff
fecting them. He stressed the neces-
sity for cooperation between capital,
labor and government.
Hold Detectives Sound.
"a government can punish specific
acts of spoliation," he said, +cut no
government can conscript coopera-
ton. We have improved some matters
by way of remedial legislation. But
where in some particulars that legis-
lation has failed, we cannot be sure
whether it fails because some of its
details are unwise or because it is be-
ing sabotaged. At any rate, We hold
be sound. We will never go back on
them
Abuses Enumerated.
Business practices, which the Presi-
dent said "most people" believe should
be ended, he listed as: tax avoidance
through corporate and other methods:
excessive capitalization, investment
write-ups and security manipulation.
price-rigging and collusive icidding in
defiance of the spirit Of the antitrust
laws by methods which battle prose-
cution under the present statutes"
Strikes at Critics.
Placed in the same category were
high assure. Craftsmanship which
creo1 , cycles of over-production with
in given industries, and consequent
recessions in production until such
time as the surplus is consumed" Of
patent laws to enable larger corpora
tons to maintain high prices, unfair
competition to the detriment of the
small producer; intimidation of local
or State governments to prevent en-
actment Of laws for the protection of
labor "by threatening to move else
where and the shifting of actual pro-
duction from one locality to another
in pursuit of the cheapest wage
SCALE
"The enumeration of these abuses
Mr.. Roosevelt said, docs not mean
that business as a whole is guilty of
them. Again, it is deception that will
not long deceive to tell the country
that an attack on these abuses is al.
attack IN hdJcinaSS !"