SECURITY AFTER WAR

Gisborne Herald, Volume LXXI, Issue 21548, 30 October 1944, Page 4

SECURITY AFTER WAR

ROOSEVELT’S PROGRAMME EXPANDED ECONOMY <lO a.m.) WASHINGTON, Oct. 2:> Addressing one of th'e most uproarious political rallies in Amei ,*can history at Chicago. President Roosevelt pledged himself to a post-wai security programme ensuring Americans of high incomes and an adequate return for farm and. iacto:;. Products. He. predicted a iutura American, economy to , provide jobs <or 60.000.000 citizens, the building o 1,000,000 homes yearly for 10 years, arid a three-fold increase in foreign trade which would provide a sound economy and foundation lor lasting peace. „ To achieve this programme President Roosevelt pledged the Government to help private enterprise, tc expand through normal investment Channels, arid to aid large and smal business to replace obsolete equipment bv accelerating the rate ot depreciation for tax purposes. President Roosevelt said that In American people were prepared tc meet the problems of peace in 1 ■ same bold way as they had met t.ie nroblems of war. Thev were resolvec that when the men and women returned from the battlefronts. the’would come back to the best posm; Place on the face of the earth. Price and production controls would he lifted after the war. “and this time th‘e veterans can grow armies on own farms instead of having to. ■jOi them at street corners.' he added.