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THRIFT PLANNED FOR U.S.A.

LESS EXPENDITURE ON RELIEF

TOTAL REDUCTION OF 250,000,000 DOLLARS

(United Press Assn.—Telegraph Copyright) (Received April 19, 11.55 p.m.) NEW YORK, April 19. The Washington correspondent of The New York Times says that it is reliably reported that the forthcoming message to Congress from the President (Mr Franklin D. Roosevelt) about the estimates, relief expenditures, the Budget’s needs and plans for the coming fiscal year proposes reductions totalling 250,000,000 dollars, of which 100,000,000 dollars will represent the reduction in relief and 150,000,000 dollars new savings in various departments. Mr Roosevelt is expected to express the hope of a balanced Budget in 1939, which is a year’s postponement on his prediction in his message to Congress in January last. The effort to economize is caused by the failure of taxation.

Senator A. H. Vandenberg (Republican) expressed the belief that the current figures of employment overestimated the unemployed in the United States by 5,000,000. He sent the Secretary of Labour (Miss Frances Perkins) a private computation, estimating the employed, excluding agricultural workers, at 38,145,000, which is 3,000,000 in excess of 1929, and the unemployed at 2,975,000. Miss Perkins said that the figures were based on erroneous assumptions. Senator Vandenberg replied that whether he was right or wrong it demonstrated the need for a reliable census of employment.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19370420.2.72

Bibliographic details

Southland Times, Issue 23178, 20 April 1937, Page 7

Word Count
218

THRIFT PLANNED FOR U.S.A. LESS EXPENDITURE ON RELIEF Southland Times, Issue 23178, 20 April 1937, Page 7

THRIFT PLANNED FOR U.S.A. LESS EXPENDITURE ON RELIEF Southland Times, Issue 23178, 20 April 1937, Page 7

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