In the recommendations that I have laid before Congress and in the organizations created in the last few months there is a very definite rounded program for turning the tide of def...
The broad purpose of all this program is to restore the old job instead of creating a new made job.
I'm confident that in restoring these institutions to their normal functioning we will see a revival in employment in new construction.
The maintenance of our American system of individual initiative and individual and community responsibility in all these various problems.
Almost every locality in the country has reported now that it can take care of its own.
But in order to assure that there will be no failure to meet problems as they arise, the organization will be continued over the winter.
Now, the major steps that we have to take are domestic.
A considerable part of it depends on voluntary action.
Our employers have organized and will continue to give part-time work instead of discharging a portion of their employees.
The essence of this proposition is to give time to permit debtor governments to recover their national prosperity.
I do not approve in any remote sense of the cancellation of the debts to us.