Roosevelt seeks broad authority to cut government costs
President Roosevelt asks Congress for power to slash government employee salaries up to 15 percent and to curb veterans relief funds, signaling a sweeping overhaul of federal spending including a parity price plan for farm products. The Senate and House debates reveal party splits and strategic moves shaping the bill’s fate.
MENTIONED IN THIS ARTICLE
Ee Roosevelt
Congress
House of Representatives
Senate
House
Roosevelt
Senate Chamber
Friends of the Veteran
Wallace
Secretary of Agriculture
United States
Kansas
Los Angeles
Reconstruction Finance Corporation
William G. McAdoo
Banking Crisis Tests Roosevelt Administration Resolve
The March banking closure in 1933 underscored the fragility of the financial system and the need for emergency legislation. President Roosevelt and Secretary Woodin faced secrecy, public fear, and the challenge of restoring confidence while ensuring banks could reopen. Officials relied on expert input, with Morgenthau aimed at consolidating farm credit and cutting costs.
MENTIONED IN THIS ARTICLE
Congress
Roosevelt
Senate
Robert Worth Bingham
Louisville, Ky
Great Britain
Jesse Isador Straus
R. H. Macy & Co
New York
France
Josephus Daniels
Navy
Jesse J. Straus
Mexico
Arthur Robinson
Rep
Ind
Bingham
England
America
Washington
Treasury
William H. Woodin
Woodin
Michigan
Maryland
Ogden L. Mills
Arthur A. Ballantine
John Douglas
Mills
Why the postal service costs so little for so much
The piece argues the 3 cent to 4 cent letter rate hike reflects the postal service’s role as a public good rather than a profit maker. It notes the system costs 600 to 700 million annually, stresses government funding when deficits arise, and explains why private business would not replace a uniform national mailing system.
MENTIONED IN THIS ARTICLE
Postal Service
Congress
T Am
Post Office Department
Peer
Western Newspaper Union
Also Mentioned on This Page
Henry Morgenthau, Jr
Federal Reserve System
Federal Reserve Bank
Treasury Department
Federal Treasury
Chicago
Blood
Utah
Federal Reserve Banks
U. S. Supreme Court
Sam Spicer
Hargis Bank and Trust Company
Breathitt County
Kentucky
Supreme Court
Tennessee
Mississippi River
Cumberland Mountains
Pope Pius
Pius
Pietro Fumascul-Biondi
Villeneauve
Quebec
Angelo Dolci
Innitzer
Vienna
Costa
Florence
Fossati
Turin
Italy
Rome
Chamber of Deputies
Herriot
Daladier
League of Nations
China
Hugh R. Wilson
Snland
League
Far East
Wester Newspaper Union
William Bruckart
Sound Money
Henry Morgenthau
Federal Farm Board
Morgenthau
Mr. Morgenthau
Henry A. Wallace
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