President Roosevelt has issued vigorous challenge to' his critics. commending the Government's relief Programme he claims to sense an "atmosphere of recovery." The basis of the comprehensive scheme of employment relief is essentially the protection of the nation's morale from the numbing effect of enforced idleness. The bill in terms of money may be big. Yet the price for the benefits ultimately secured in tiding the country over the period of walting for the actual operation of the Fecovery "atmosphere" may not_ considered too high. Uncomfortable, however, is the thought that this huge Programme of government spending may automatically blunt the critical faculties of organizations which normally would apply a salutary correct tive to administrative zeal. possibilities of "ineMelency, bad
may not altogether convince some management and misuse, of ' funds" his orities. "They will be disposed to point out that, in the Administra tion's campaign against the tility companies, the evils alleged to exist were prominently brought to notice and offsetting "benefits sedulously velled, The change in technique when commending the relief programme to national support may noted as significant. "And even now there is the awkward-question of the manner in which this lavish public Jexpenditure is to find its place on the national balance sheet, When the President says considerable amount of tonnage to be reabsorbed into the world's carrying trade before it can be said that nor= ality has been regained. That British vessels are indeed going back to work will be welcome news to those who have had an opportunity fof seeing the long lanes of unemployed vessels which were to. be found in many estuaries and bays around the British isles, mot only because it means the removal of very depressing sight, but also ensures that large numbers of British mercantile officers and men who have been eating the bread of idleness
Jafloat and earn money again." But for years, past willie able to. get Jabove all this there is the indication that trade is again on the upward. trend, and, while It may be 9 long time before the world as a whole regains its former trade figures, the fact that shipping is already react ing must tend to greater confidence for the future,
Text read from the printed page and cleaned; old type leaves the occasional error.