President's annual message urges regulation and growth
The president’s address to Congress emphasizes strengthening federal control over interstate commerce, railroads, and big corporations, while promoting safeguards against dishonesty. He calls for currency flexibility, an emergency issue system, an extended federal oversight of trusts, and a nationwide employers’ liability act. He also urges public measures on labor, housing, taxation, and resources, with a focus on national waterway development and land reclamation.
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