Evening star., 1941-03-14
President Plans
Talk Tomorrow
Night on Crisis
Radio Address to Be
Made at Dinner Of
Correspondents
By JOHN c. HENRY.

President Roosevelt Will address
the American people tomorrow
night by radio from the annual din
ner of the White House Correspond
ents Association, reporting at that
time on the part which this Ma
ton now seems destined to play IN
the world crisis.
Announcement of the Chief Ex-
ecutive's plan, the first instance
of a President speaking at one Of
the annual dinners of the asSocia-
ton, was made at Mr.. Roosevelt's
press conference today.
Actually, the President requested
permission of the association in the
open conference and was assured
by Thomas F. Reynolds, president
of the organization. that arrange
ments would be made. The address
will be broadcast on the major radio
networks from $50 to 10 pm.
Remarking that this is topsy-
turvy world when the President Of
the United States has to ask per-
mission to address reporters, Mr..
Roosevelt laughingly promised that
his speech would cover multitude
of sins.
Sterilization Fund Profit.
His press conference today, Incl
dentally, also covered a multitude OF
matters, ranging from report Of
$50 100000 profit on the S2,000000.-
900 stabilization fund to a discus
sion of extension of the social Sc
curity program. and a discussion Of
the problem of sending food relief
to unoccupied Europe.
Immediately following his confer
ence, the President was scheduled
to confer with Secretary of Treasury
Morgenthau on the problem of de-
fense financing and taxes
AS guests of the White House cor
respondents, many persons of promi-
nence will hear the Presidents ad-
dress personally. Among those who
have accepted invitations are Wen
| dell L. Willkie; the British Ambas-
sador, Viscount Halifax; Secretary
of State Hull, other members of the
Cabinet, leading members of Con-
! gress, and others high in Washing
! tons official life.
1t was with noticeable pride that
Mr.. Roosevelt reported the profit
margin on the administrations
stabilization fund.
Since initiation of the program
in 1884, he recalled, there have
been frequent stories about deple-
ton of the fund, losses being in
CURED and secrecy shielding opera
tions from the public. At the same
time, he remarked, many interests
have been trying to get their fingers
on the fund.
Aid in StabiliZing Trade.
Instead, he pointed out, an Amer
lean government which proved it
self not wholly amateurish in world
finances has managed to keep the
capital intact from depreciation and
through its transactions accumu-
lated profit of S22,000,000.
At the same time, he continued,
the fund has done a lot of good
in stabilizing world trade. both be-
fore and after the war began, par
ticularly before
1t was in response to questioning
that the President revealed con-
tinuing study Of the problem of ex-
tending the social security program.
particularly with regard to old-age
benefits.
The present objectives, he ex-
planned, are to extend coverage to
many millions more of old persons
and to make the individual benefits
larger. The administration feels,
he went on, that yearly progress in
liberalizing the program should be
sought.
Principal effort to improve the
old-age benefits picture, he said
would be made by trying to increase
(See ROOSEVELT, Page A-4O