Word: joblessness
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Reconstruction Finance Corp. had only $3,318,778 left in the bottom of its $300,000,000 jobless relief fund last week when President Roosevelt signed a bill amply replenishing Federal resources to help the nation's destitute millions. Authorized was the expenditure of another $500,000,000, to be raised by R. F. C. through sale of its obligations to the Treasury and turned over to an Administrator of Relief...
President Roosevelt did not want the country to get the idea that this new Federal unemployment fund relieved communities and citizens from doing their loyal duty toward their local jobless. Said he: "The bill, in effect, is a challenge to governors, legislatures and local officials to stimulate their own efforts. . . . The first obligation is on the localities . . . then the State must do its utmost. . . . Only then can the Federal Government add its contribution...
...Jones has been on the R. F. C. board since its inception (February 1932), has acted as chairman in rotation with the other three active members for two months. He has seen R. F. C. loan resources rise to $3,500,000,000, plus $300,000,000 for state jobless relief. In 15 months he has helped to pass out $2.260,021,958 to banks, railroads, insurance companies, building & loan associations, farmers and the like. Of this sum $464,753.681 had been repaid up to April 22. As Chairman Jones took command, the four...
...Many a vengeful ex-husband stayed in jail rather than pay his wife a penny. In New York City prisons alone last week were 130 delinquent alimony payers when the new laws became effective. Judges were now given wide discretion. If a husband could not pay because he was jobless and without property or income, the court was free to suspend its contempt orders, let him go. By his power to modify alimony payments, a judge likewise could keep divorce debts from piling up on an imprisoned husband. No longer could irate wives, as a matter of legal right, demand...
...They must either go on with their education, a course already made difficult for them by the University's failure, however unavoidable, to cooperate in the emergency by providing free post-graduate courses and college privileges, or they must go out to swell the ranks of the Nation's jobless. The essay contest suggests the possibility that under the stimulus of reward in a tangible from some practical solution to this problem will be found...