Hand in hand with this we must frankly recognize the overbalance of
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. 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, State, and 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, and unequal. It can be helped by national planning for
and supervision of all forms of transportation and of communications
and other utilities which have a definitely public character. There are
many ways in which it can be helped, but it can never be helped merely
by talking about it. We must act and act quickly.

Finally, in our progress toward 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.

There 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 several States.

Through this program of action we address ourselves to putting our own
national house in order and making income balance outgo. Our
international trade relations, though vastly important, are in point of