PRESIDENT SAYS DOWNHILL DRIFT HAS BEEN TURNED
National Recovery Drive is a
Success Press Association. —Copyright. New York, Aug. 26. The President, Mr. F. D. Roosevelt, to-day hailed the national recovery drive as a success and in an address to the people of his home county he asserted that the - downhill drift had definitely turned and become an upward surge. Mr. Roosevelt took occasion to make a full exposition of his policy in industrial reorganisation of the nation. He declared an end must be made of monopolies and announced a new principle of "home community”—that no individual or family had a right to do things that hurt its neighbours. “It is true,” he said, “your Government hopes that the building up of wages that are starvation wages and the shortening of hours of work in every part of the United States will result in a greater distribution of wages and an increase in the number of persons employed, but we seek definitely to increase the purchasing power of the American people. It is unfair to our neighbours if we allow cattle to roam on their lands or maintain a pigsty on the street; it would become unfair to our neighbours if we sought to* make unreasonable profit from a monopoly in a service, such as electricity or gas_ or railroad tickets, which they had to use.”
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Bibliographic details
Stratford Evening Post, Volume II, Issue 342, 28 August 1933, Page 5
Word Count
226PRESIDENT SAYS DOWNHILL DRIFT HAS BEEN TURNED Stratford Evening Post, Volume II, Issue 342, 28 August 1933, Page 5
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