Show I 1 economic highlights that affect the lh III clr ner ielli checks and aid tax e or lavery In individual dividu a 1 and international arob ll 11 leiam from boal birwe tho Aing american rican Fedei Fedo aloi callon of lt li borst bora report on 1934 prospects was a pod debit deal more alit ami important than documents of the kind usually ure ahai that for employment and earnings ar ings are considerably brighter but F that one phase of present rei compy covery efforts i threatened tion ly iby hat flat money endangers tho the whole show four changes forthe better bodtfer W f 1933 wore were chronicled a gain in employment ot f more than a drop di op of 4 houm lit in berago verago work week hotter better or gani gank atlon among industrial work eral fall all kinds an all Inci aae in n coq woi rots ors incline of iper per cent tho tao report pointed outi out on tile the debit side that business la Is 30 0 per cent below normal stilt still that most lm important tiling thing Is restoration mst oratIon ot of business confidence that private initiative la is still of 0 paramount im belief was expressed thai workers always lose josh through inflation that only wealthy 7 latora have 74 a cianco chance to gogain gain at about tile same bame time the ro dort por was issued the national ra ile covery coaty was making plans as best befit it could to find jobs for or as many kis aa possible of the ili people still registered as unemployed the president has laid plans plana where public works ac ti villes and expansion in private industry will absorb the nold now on OWA rolls rolla that will wili atul still leave the problem 00 0 per bent un solved general johnson believes MOt forking week must conie como down aroi tt its present 40 hour average frfd aad that changes would havo have to 1 be made gradually jil jn the light of r financial atil ability lity to carry larger payrolls hope la Is for an day a oay week lop loll ping pine a day from froin the week would it la IS estimated create cleafe hoy how io fo reduce working hours em employ more mope men ralso raise wages cut production increase ba business siness caja capacity city to pay the bill la is the problem pr lf it you ou like big figures take a look at the reconstruction finance cor corporations first complete report to the public between february 2 1932 and december 31 1933 it harl had disbursed or authorized dlo diri of to institutions in 1932 was distributed 55 per cent to banks baft tes 20 per cent to railways tile thoi balance balanca to insurance companies building and loan concerns relief agencies etc the was duo due to pass away on january 22 1934 but bat it was given a now new lease on life bills went smoothly through senate and house extending lla its activities until february 1 1935 permitting it to sell another of debentures ben tures to the treasury trea aury with which to finance future operations the presidential proclamation fixing the price ot of silver at 64 cents per ounce Is in the view of a nui number riber of monetary experts B sim imply the first important step in bringing the silver problem to a 9 logical conclusion the 64 cent price marks a definite advance over recent silver quotations laota llona but during the I 1 last ast few months there has bem been a jump in the value osgold 0 gold of more than fifty per cent as part of the governments ern orn ments monts dollar devaluation pol icy alie result Is that silver in relation to gold to la actually cheaper clie aper than usual it la Is the belief of many that the essential thing Is the establishment of a definite relation lit in the values of gold and silver silvero 0 o that when goli go I 1 goeb up or down the value of silver will follow they believe that ahat only in this thia way can call foreign trade be really stimulated and our lost com commerce regained this theory theo ryot of coerce has its expert opponents precisely as it hag bag its export expert advocates that ta is tho the debate will bring it before the public and and widen our general knowledge bt bf the whole question of money it Is some thing for every citizen CHUM to watch |