DRIVE A SUCCESS.

Star (Christchurch), Volume LXIV, Issue 852, 28 August 1933, Page 1

DRIVE A SUCCESS.

President Pleased With Results. DOWNHILL DRIFT STOPPED. United Presn Assn. — By Electrlo Tel egra ph —Co py r igh L NEW YORK, August 26. President Roosevelt on Saturday 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. The President took occasion to make a full exposition of his policy in the industrial reorganisation of the nation. He declared that an end must be made of monopolies and announced a new principle of a “home community” —that no individual and no family had the right to do things which would hurt its neighbours. “It is true,” the President said, “that your Government hopes that the building up of wages that are starvation wages and the shprtening of hours of work in every part of the United States will result in a greater distri- , bution 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 an unreasonable profit from a monopoly in a service such as electricity or gas or railroad tickets which they had to use.”