So I have also urged in the present day that the Congress make our agricultural financial system more stable. Only three years of it, and the economic system will already be quick 25% or so. The Revolution and the War Between the States had been fought on our personal soil, however at the moment this struggle can be received or lost on other continents and in distant seas. We are face to face with this danger in the present day. Today I have additionally suggested the Congress of the importance of dashing up the passage of the tax bill. I have told the Congress that inaction on their part by that date will go away me with an inescapable duty to the people of this nation to see to it that the struggle effort is no longer imperiled by the menace of economic chaos. I have advised the Congress that the Administration can not hold the actual value of meals and clothes all the way down to the current stage beyond October first. And so I've asked the Congress to take this motion by the first of October.

In the event that the Congress should fail to act, and act adequately, I shall settle for the accountability, and I will act. It is tough to inform whether or not they are going to ever turn their consideration to East London. I need not tell you that this might have a demoralizing impact on our individuals, troopers and civilians alike. I cannot inform what powers might have to be exercised so as to win this conflict. Those in search of quick fixes or on the spot gratification might discover themselves upset with such a investment. There could also be those that will say that, if the scenario is as grave as I have said it to be, I should use my powers and act now. If you don't have the suitable attire readily available, hit the mall or go procuring in a pal's closet. We will need to have some flooring under farm costs, as we've under wages, if we are to avoid the dangers of a postwar inflation on the one hand, or the catastrophe of a crash in farm prices and wages on the opposite. I've recommended that in addition to placing ceilings on all farm merchandise now, we also place a particular flooring below those prices for a period beginning now, continuing by way of the battle, and for so long as essential after the war.

At the same time that farm costs are stabilized, I'll stabilize wages. Our experience with the management of different prices during the previous few months has brought out one vital fact-the rising value of dwelling can be controlled, providing that every one components making up the price of dwelling are controlled at the identical time. I can only say that I have approached this problem from every angle, and that I have determined that the course of conduct which I am following in this case is per my sense of duty as President in time of battle, and with my deep and unalterable devotion to the processes of democracy. Wages in certain key industries have been stabilized on the basis of the present cost of dwelling. Prices and wages will go up so quickly that your complete production program will probably be endangered. Over-all stabilization of prices, salaries, wages, and profits is essential to the continued increasing production of planes and.

It'll imply an uncontrollable rise in costs and in wages, which can result in raising the over-all value of living as excessive as one other 20 percent soon. But it's obvious to all of us that if the price of meals continues to go up, as it is doing at current, the wage earner, particularly in the decrease brackets, will have a proper to an increase in his wages. That will imply that the purchasing energy of every dollar that you have in your pay envelope, or in the bank, or included in your insurance coverage or your pension, can be lowered to about eighty cents' worth. The American people may be sure that I shall not hesitate to use each energy vested in me to accomplish the defeat of our enemies in any part of the world the place our personal security calls for such defeat. I feel I do know the American farmers. I feel that also is an essential justice and a practical necessity.

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