FDR

Some do and some don't.

There isn't a mention of the effect of changes in the tax law on the forty million people who are sub-standard so far as living goes.

By virtue of and pursuant to the authority vested in me by the United States Housing Act of 1937, approved September 1, 2937.

I have called a special session of Congress to enact, among other things, a wage and hour bill which I hope will supplement and strengthen your legislation in behalf of workers.

I have followed with great interest the progress that has been made in State labor legislation during this administration.

I now congratulate you on the extent to which you have been successful in bringing about these much needed improvements.

I hereby designate and authorize the Honorable Martin Travieso, Associate Justice of the Supreme Court of Puerto Rico, to perform and discharge the duties of Judge of the District Court of the United States for Puerto Rico.

The will to peace still characterizes the great majority of the peoples of the earth

The Federal Reserve System, tested by nearly. a quarter of a century of operation, is a public institution capable of adaptation to future, as it has been to past needs and conditions.

Only in that way can we hope to achieve and maintain an enduring prosperity, free from the disastrous extremes of booms and depressions.

With their help, and the added counsel of practical farmers throughout the Nation, I am confident that your committees and your fellow members can draft permanent legislation that will serve the Nation for many years to come.

We must never again invite the collapse of farm prices, the stoppage of farm buying and the demoralization of business that followed the Federal Farm Board's attempts to maintain farm prices without control of farm surpluses.

It should provide for storage of reserve food supplies in an ever-normal granary, so that if severe and widespread drought recurs consumers will be assured of more adequate supplies with less drastic increases in price than would otherwise…

In other words, whatever goes out must be balanced by an equivalent amount coming in.

That purpose is to gain for all of our people the greatest attainable measure of economic well-being, the largest degree of economic security and stability.

It should protect both farmers and consumers against extreme ups and downs in prices of farm products.

It should provide for control of surpluses when and as necessary, but at the same time it should preserve the export markets that still are open to our farmers.

It cannot be attained by that System alone, but neither can it be reached without the proper functioning of our monetary and credit machinery.

I dedicate this building to progress toward the ideal of an America in which every worker will be able to provide his family at all times with an ever-rising standard of comfort.

We must not complacently suppose that we have achieved perfection.

It is my sincere hope that the Congress, when it enacts new legislation to protect agriculture and the nation against the calamity of farm price collapse, will assure the continuity and permanence of the agricultural conservation program…

The new national farm act should safeguard farmers' income as well as their soil fertility.

The total public debt will be increased in the current fiscal year by $695,245,000 provided that the balance in the general fund on June 30, 1938, is the same as it was on June 30, 1937.

The situation with respect to the impending surplus cotton crop, which will make it necessary for the Commodity Credit Corporation to make cotton loans, $130,000,000.

The estimated net deficit (excluding debt retirement) for the fiscal year 1938 will be $695,245,000.