Presidents -- United States -- Messages; United States -- Politics and government -- Sources
As an aid to unemployment the Federal Government is engaged in the greatest
program of public-building, harbor, flood-control, highway, waterway,
aviation, merchant and naval ship construction in all history. Our
expenditures on these works during this calendar year will reach about
$780,000,000 compared with $260,000,000 in 1928. Through this increased
construction, through the maintenance of a full complement of Federal
employees, and through services to veterans it is estimated that the
Federal taxpayer is now directly contributing to the livelihood of
10,000,000 of our citizens.
We must avoid burdens upon the Government which will create more
unemployment in private industry than can be gained by further expansion of
employment by the Federal Government. We can now stimulate employment and
agriculture more effectually and speedily through the voluntary measures in
progress, through the thawing out of credit, through the building up of
stability abroad, through the home loan discount banks, through an
emergency finance corporation and the rehabilitation of the railways and
other such directions.
I am opposed to any direct or indirect Government dole. The breakdown and
increased unemployment in Europe is due in part to such practices. Our
people are providing against distress from unemployment in true American
fashion by a magnificent response to public appeal and by action of the
local governments.
GENERAL LEGISLATION
There are many other subjects requiring legislative action at this session
of the Congress. I may list the following among them:
VETERANS' SERVICES
The law enacted last March authorizing loans of 50 per cent upon
adjusted-service certificates has, together with the loans made under
previous laws, resulted in payments of about $1,260,000,000. Appropriations
have been exhausted. The Administrator of Veterans' Affairs advises that a
further appropriation of $200,000,000 is required at once to meet the
obligations made necessary by existing legislation.
There will be demands for further veterans' legislation; there are
inequalities in our system of veterans' relief; it is our national duty to
meet our obligations to those who have served the Nation. But our present
expenditure upon these services now exceeds $1,000,000,000 per annum. I am
opposed to any extension of these expenditures until the country has
recovered from the present situation.
ELECTRICAL-POWER REGULATION
I have recommended in previous messages the effective regulation of
interstate electrical power as the essential function of the reorganized
Federal Power Commission. I renew the recommendation. It is urgently needed
in public protection.
MUSCLE SHOALS
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