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ECONOMIES ADVOCATED

PRESIDENT HOOVER'S PLANS.

UNEMPLOYMENT AND DROUGHT. By Telegraph—Press Assn.—Copyright. Washington, December 2. President Hoover set unemployment and'drought relief at the top of his programme in- his message to Congress today. . • ■ ’ .’ ; ■ He requested- emergency appropriation up to £30,000,000 to accelerate Federal construction during! the next six months. Estimating that the year’s deficit would reach £36,000,000, he said: “I cannot emphasise too. strongly the absolute necessity’. to defer any other plans . for •an increase of Government expenditure. There is a surplus'of only £6,000,000 in sight, for 1932.’’ ■ ■ . The President issued a warning that, even, with the discontinuance of the one per cent, tap: reduction on incomes, rigid economy was necessary to avoid increased taxation. , ’

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19301204.2.121

Bibliographic details

Taranaki Daily News, 4 December 1930, Page 11

Word Count
114

ECONOMIES ADVOCATED Taranaki Daily News, 4 December 1930, Page 11

ECONOMIES ADVOCATED Taranaki Daily News, 4 December 1930, Page 11

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