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Franklin Delano Roosevelt's First Inaugural Address by Franklin Delano Roosevelt
page 4 of 7 (57%)
population in our industrial centers and, by engaging on a national
scale in a redistribution, endeavor to provide a better use of the land
for those best fitted for the land. Yes, the task can be helped by
definite efforts to raise the values of agricultural products and with
this the power to purchase the output of our cities. It can be helped
by preventing realistically the tragedy of the growing loss through
foreclosure of our small homes and our farms. It can be helped by
insistence that the Federal, the State, and the local governments act
forthwith on the demand that their cost be drastically reduced. It can
be helped by the unifying of relief activities which today are often
scattered, uneconomical, unequal. It can be helped by national planning
for and supervision of all forms of transportation and of
communications and other utilities that have a definitely public
character. There are many ways in which it can be helped, but it can
never be helped by merely talking about it. We must act; we must act
quickly.

And finally, in our progress towards a resumption of work we require
two safeguards against a return of the evils of the old order; there
must be a strict supervision of all banking and credits and
investments; there must be an end to speculation with other people's
money, and there must be provision for an adequate but sound currency.

These, my friends, are the lines of attack. I shall presently urge
upon a new Congress, in special session, detailed measures for their
fulfillment, and I shall seek the immediate assistance of the
forty-eight States.

Through this program of action we address ourselves to putting our own
national house in order and making income balance outgo. Our
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