Indianapolis Times, Indianapolis, Marion County, 9 January 1945 — Page 2

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.Highlights of Roosevelt

Message on the Budget

(Continued From Page One) : r © WAR COSTS .

; “THE TOTAL war program . X tor the fiscal®years 1041 through 3 A946, will total 450 billion dollars.” = Ty.

» . . FOREIGN AID

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- » —— SWE SHALL continue to provide lend-lease, and our allies to pro-

2 vide reciprocal lend-lease, to the full extent necessary to win the war.

liquidated with the end of the war. But when the war draws to a

» = »° “Lend-lease has been and will be an instrument of war; it will be

« (close in any theater, it may become urgently necessary for us to assist "in relieving distress in the liberated areas.”

AFTERMATH-OF-WAR

“TOTAL EXPENDITURES for (war veterans, interest on ‘the public debt, and tax refunds). are'increasing from 1.6 billion dollars in 1039 to an estimated 7.2 billion dollars in the current fiscal year, and “will probably amount to 9.8 billion dollars in the next fiscal year. This “increase arises directly out of the war. The 1946 total is larger than * ‘the whole federal budget five years ago. ~ “The number of veterans of the present war will increase until at ‘full tide these veterans will constitute one-tenth of the population and almost one-fourth of the labor force.” .

~~ AGRICELTURE .. 3

-, « « WE MUST, develop a program to elintinate malnttrition dnd rural poverty... . Farmers and the nation as a whole must be pro=tected against heavy fluctuations in agricultural prices and .income, and this must be accomplished without the accumulation of unmans afeable surpluses. So long as a largé number of people have an inadequate diet, we cannot have a true surplus of agricultural production, We can have only too much of the wrong things.” + SOCIAL SECURITY “1 HOPE that the congress will give early consideration to extension and improvement of our social security system and will re-examine the financial basis-of the program.” PUBLIC WORKS : “I RECOMMEND... appropriations for planning of public works

which the congress has already authorized, We must continue to stock up a shelf of meritorious construction and development projects

to be undertaken as manpower and material become available.”

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GENERAL GOVERNMENT

“APPROPRIATIONS for other thah direct war or war-related activities have been reduced to rock-bottom. When the war situation permits™$ reduction in the war program, it will also be possible to reduce war activities of the civil departments.” :

TAXES

“WARTIME TAXES must be maintained as long as large-scale war expenditures are necessary. There is no justification’ for tax reductions as long .as we are engaged in a major war. When a favorable development of the war allows a major decline in war expenditures, minor tax adjustments will become possible ‘and desirable.”

a THE PUBLIC DEBT (He said it would rise to $292 billion by June 30, 1946.) “I FAVOR a policy of orderly but steady debt reduction, consistent

with the objectives of long-run economy policy. The mistakes in debt management and tax policy after the last war should not be repeated.”

Fg —_—-—RECONVERSION

. “AS LONG as we are at war—at war against two powerful enemies or against only one of them—we will give unqualified priority to all war production and to all manpower needs of war. Nevertheless, some ~reconversion of war industries may become possible, dependent on the progress of the war.” » » » » » 8 The Human Side—“. . . I am particularly concerned over the fact that broad categories of workers are not covered by present legislation and that- present standards for unemployment compensation are not adequate in many states. . . . A strong, integrated: system of public employment offices is a basic necessity. . . . We should provide assistance for travel and retraining of war workers., We must also see to it that eur administrative machinery for the adjustment of labor disputes is ready for the strains of the reconversion period.” 8. an’ - 2 5 =» The Material Side—“Should also be conducted with a view toward the long-range objectives of economy policy. Strplus property disposal should contribute to filling the needs of production, domestic . and foreign. . . . Every effert should be made to achieve full civilian’ use of plants built for war purposes when they are no longer needed for war production and to facilitate their rapid transfer to private in- + dustry for productive use.” : INTERNATIONAL FINANCE “AS THE war progresses, we must hasten our plans to secure worldwide economic co-operation in both the transition period and the post-war period. We have learned that just as-the United States can-. not. afford to be isolationist in its political philosophy, neither can it stand the malignant effects of economic isolationism.”

ECONOMIC CONTROLS

“ HOLDING THE line on prices and wages has prevented, and is still preventing, inflationary developments. , . . It will be necessary to retain the machinery for allocation and price controls as long as certain materials and finished goods are in short supply.”

DEMOBILIZATION

“LARGE-SCALE demobilization can hardly be expected to begin during the period covered in this budget. Nevertheless, as we continue to mobilize for a long, hard war, we must under no circumstance be caught unprepared for peace.”

“FULL EMPLOYMENT

¥+ ++. BEFORE LONG there may be 60 million men and women to be employed. , ..} sured only when the reduction in war demand is approximately offset by additional peacetime demand from the millions of consumers, busi=nesses and farmers, and by federal, state, and local governments. “And that means that consumers’ expenditures and business investments must be incréased by about 50 per cent, measured in constant prices, above the level of the year 1939 if full employment is to be provided by private-€ntérprise. 4 “It is the responsibility of business enterprise to translate market opportunities info employment and production. “It isthe responsibility of the government to hold open the door of opportunity and to assure ‘sustained markets. Then and only then

‘carl free enterprise provide jobs.”

WHAT WE MUST DO “WE MUST develop the human standards and material resources of the nation, which in turn will tend to increase our productivity and most effectively support business expansion and employment. . “Our program should include provision for extended social gecurity, including medical care; for better education, public health and nutrition for the improvement of our homes, cities, and farms: and for the development of transportation facilities and river valleys. “We must plan now so that these programs can become effective when manpower and material are available.”

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3 which he said could be tackled now:

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By SANDOR S. KLEIN + United Press S(¥f Correspondent WASHINGTON, Jan. 9 (U. P.).~ President Roosevelt, reminding congress that there will be need for 60,000,000 jobs after the war, called today for an immediate start toward an adequate post-war social and ‘leconomic - program, He emphasized in his fiscal 1046 budget message that full employ~ ment ‘constitutes part of this country’s stake in post-war world-stabil-ity. and prosperity. The President added that other nations are .fully, conscious “that international cooperation cannot succeed unless the United States is prosperous.” & Calling for an attack on every front of the employment” problem, Mr, Roosevelt outlined these salient features of a post-war program

ONE—A revised tax structure to stimulate consumer demand and to {promote business investment should {be developed now so that it could 'be put into effect-after victory. I TWO—National and international {policies affecting credit, trade, in{vestment, competition and mon-

| President Sees Need for 60,

; portunities for new and growing

sure jobs for ‘all returning war veterans and discharged war workers’ v3

while could hardly be expected to begin Jduring the- coming. fiscal year “we .mjust” under no circumstances be caught unprepared for peace.”

{opoly, should be adopted now to

ployment, opportunities; and

persons are employed in war pro=- | determine future business and em- | duction or in civilian industries and “we business,

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must make sure ‘that there are op- serving in the armed forces, _ After the war, Mr. Roosevelt said, many of these persons will retire, resume their schooling, or devote ‘themselves to their homes and fam-

business.” nl THREE — Planning musf begin now on development of human jljes,

standards and material resources of | But this reduction in the civilian the country to increase productivity [labor force, he emphasized, would and most effectively support busi-| be more than offset by .demobijlizaness expansion. This, he said, -in- tion of the armed forces and by volves extension of social security| the natural growth of the working to provide better medical care, edu-|age populatien. .. cation and nutrition, as well as| “Thus, before long there may be planning “for the improvement of (60 milllon men and women to be our homes, cities, and farms, and employed,” he said. “Huge war exfor the development.of transporta-|penditures have brought full emtion facilities and river valleys.” |ployment, more than full employ--"'T shall,”"Mr, Roosevelt promised, | ment,” “from tinfe to time submit to the] Then, the President posed this congress recommendations for legis- question: lative measures to implement our demobilization program and to as-|federal expenditures are 50 and 25 billion dollars in the period of demobilization and thereafter?” Budget. Director Harold D. Smith explained to newsmen that the President obviously was referring to a range of possible governmental costs in the post-war years, o “The -Américan people,” Mr. Roosevelt said, “have learned during the war the measure of their productive capacity, and they will remember that experience in the peace to come.

2

The President pointed out that large = scale demobilization

At present, he continued, 52,000,000

with another 12,000,000

“What will be the oytlook, when

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“It is the responsibility of business enterprise to translate market opportunities into- employment and production. no “It is the responsibility of the government to hold open the door of opportunity and to assure sustained markets. Then and only then can free enterprise provide Jobs.” — 3 To assure full employmént by pri~ vate enterprise in peacetime, the

President said, consumers’ expendi-|

tures must increase by about 50 per cent above the level of the calendar year, 1939, when they totalled $61,700,000,000. In the calendar year 1044, these expenditures totaled $87,000,000,000. -

KIWANIANS TO HEAR INTERNATIONAL CHIEF

Ben Dean, president of Kiwanis International, will speak before the Indianapolis Kiwanis club tomorrow at the noon luncheon at the Columbia club, is etter Mr. Dean, who makes his home in Grand Rapids, Mich; has been a Kiwanian 16 years. He'is chairman of the Better Business bureau at

Grand Rapids and is director ‘of the Chamber of Commerce.

CC TURSDAY,JAN.9 10% |

000,000 Post-War Jobs

CHANGES IN MERIT -

LAWS. 0 BE URGED |

The legislative committee créated by the 1943 general assembly to

study the state's merit system today was preparing a number of f

recommendations designed. to strengthen present laws.

| ‘The committee headed by Senator i

John A. Kendall (R. Danville) is expected to make a report next week. 1 r A two-year study of the welfare department completed recently by a legislative committee headed by Rep. Earl B: Teckemeyer (R. Indis anapolis) found present merit sys~ tem operations ineffective. The latter group felt among other

things that there was evidence of “i persons being discharged withous |

proper hearings. Their recommen= dations have been included in pending measures, : = The Kendall committee 1&4 expected to investigate all phases of the merit selection, employment, assignment and discharge of state personnel before submitting ite recommendations early next week:

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FAMOUS HOUSEWARES, SEVENTH FLOOR

“«. WASF marizing ] year 1048, for fiscal »

Direct tax * individu: Direct tax corporat Excise tax Employme Customs Misc. rece

Total Deduct ne tion for . ge an insure fund ..

Net recei and spec

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War activ tive es 1046) (8 ' ernment low (b) Interest debt .. Refunds . Veterans’ and ben Aids to as Bocial sec and refi Social st gram ' Work re " Retireme Aids to General” 1 program General | Legislati ! The jud I Executiv Presid:

mo Civil 4¢

and aj Postoffic ment . fund District (fed’1 | Expend anticipat _ mental tions .. . Statutory retireme Total ex! general accounts

Exoess of tures, g special 1 Checking governm " .. rations agencies ditures { ing acco War. act Redemptio gations | ket .... Other acti

Net expe checking of gover poration: cies ...,

(a)=—Inc able in th

$688,800,000. 300.00. mates>of ap will be subn budge}. - Cor (ey ~—Incl tions for. fis (d)—Inc]

bonds issued (e)—Exci

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WASH. the world various yes Year Endir Jiite 30 1917 1918 1919 1920 1625 1929 1930 1931 1933 1933 1934 1935 1036 1937 1938 1039 ' 1040 , 04) 1942 1043 1044 1945 (Est ~ 1046 (Est (8)—Surpl

Public Deb

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WASH] the presen! et the. as trillion dol And th - years of th The P defense pre By Jur . .And or remaining The P in the five

Type 0 Munitions, War consti Indust: Non-in tio Total oy | tPay, subst Total v

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