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President Roosevelts Plan for Economic Reform and Labor
The address champions currency reform with emergency bank notes secured by bonds and tax provisions. It endorses revision of the Sherman Act to allow necessary combinations while curbing harmful ones. Railroads would gain capital and rate freedom under Interstate Commerce Commission oversight, with new licensing for interstate business. The message supports tax reform, tariff review after 1932, and papers on women labor conditions, farm training, and injury compensation, predicting no vast Congress action this session.
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