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United States. Presidents.

"United States Presidents' Inaugural Speeches"


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.


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