The Fireside Chats of Franklin Delano Roosevelt by Franklin Delano Roosevelt
page 21 of 298 (07%)
page 21 of 298 (07%)
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avoiding the smell of the pork barrel; and secondly, we are hoping
that at least half of the money will come back to the government from projects which will pay for themselves over a period of years. Thus far I have spoken primarily of the foundation stones--the measures that were necessary to reestablish credit and to head people in the opposite direction by preventing distress and providing as much work as possible through governmental agencies. Now I come to the links which will build us a more lasting prosperity. I have said that we cannot attain that in a nation half boom and half broke. If all of our people have work and fair wages and fair profits, they can buy the products of their neighbors and business is good. But if you take away the wages and the profits of half of them, business is only half as good. It doesn't help much if the fortunate half is very prosperous--the best way is for everybody to be reasonably prosperous. For many years the two great barriers to a normal prosperity have been low farm prices and the creeping paralysis of unemployment. These factors have cut the purchasing power of the country in half. I promised action. Congress did its part when it passed the Farm and the Industrial Recovery Acts. Today we are putting these two acts to work and they will work if people understand their plain objectives. First the Farm Act: It is based on the fact that the purchasing power of nearly half our population depends on adequate prices for farm products. We have been producing more of some crops than we consume or can sell in a depressed world market. The cure is not to produce so much. Without our help the farmers cannot get together |
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