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Updated: May 17, 2025
On May 28, 1945, in asking the Congress to raise the ceiling on benefits for civilian unemployed to not less than 25 dollars a week during the immediate reconversion period, I suggested that the Congress also consider liberalizing veterans' allowances. Elsewhere in this Message I reiterate my recommendation with respect to emergency unemployment compensation.
But seals would not find on oceanic islands the conditions favourable to their gradual reconversion into a terrestrial form.
Aided by sound government policies, our expanding economy has shown the strength and flexibility for swift and almost painless reconversion from war to peace, in 1945 and 1946; for quick reaction and recovery well before Korea from the beginnings of recession in 1949.
We must take urgent measures for the readjustment period ahead. The Congress for some time has been considering legislation designed to supplement at Federal expense, during the immediate reconversion period, compensation payments to the unemployed. Again I urge the Congress to enact legislation liberalizing unemployment compensation benefits and extending the coverage.
In the present period of transition we must deal with such temporary unemployment as results from the fact that demobilization will proceed faster than reconversion or industrial expansion. Such temporary unemployment is probably unavoidable in a period of rapid change. The unemployed worker is a victim of conditions beyond his control.
With the beginning of reconversion these developments have been reversed. Residential construction and outlays for plant and equipment are on the increase; inventories, too, are being replenished. In the past 3 months private exports have been slightly in excess of imports, for the first time since 1941. Consumers' budgets show a significant change.
During the past 6 months the net revenue receipts of the Federal Government have been about 20 billion dollars, almost as much as during the closing 6 months of 1944 when the country was still engaged in all-out warfare. The high level of these receipts reflects the smoothness of the reconversion and particularly the strength of consumer demand.
The telephone philosophically considered is an instrument for the conversion of a sound-wave into electrical motion, and its reconversion into sound at a distance. The sound is, as it were, committed to the electrical current and is thus sent to the end of the journey, and there discharged with its message.
Of course we are all aware that the most stupendous efforts are being made by the Catholic clergy and zealous believers to bring about a revival of the faith, and certainly in some circles there has been a measure of success. But the reconversion of a nation is the most formidable of tasks; and, in my own opinion, as in M. Zola's, France as a whole is lost to the Christian religion.
The lives of millions of veterans and war workers will be greatly affected by the success or failure of our program of war liquidation and reconversion.
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