Work meanwhile was being rushed on the superdreadnoughts North Carolina and Washington and additional ships of the 35,000-ton class 1989 would reach—$2,097,735,600 Patronage-hungry Congressmen who "torpedoed previous economy moves and who are facing elections this year, heard the President's new demands in silence.
The President was firm in renewing his appeal for widespread economies in order to hold the 1939 deficit of $949,600,000 under the estimated deficit for 1938, He forecast that the rapidly mounting public debt would reach the gross sum of $38,- 528,252,018 by the end of the 1938-39 fiscal year.
The legislators are facing curtails ment of largess and Federal air for highway construction, land reclamation, river and harbour work and other local undertaking. Some reports said an undercover drive to bridge the financial crisis through even wider slashes of- appropriations then the President recommended, bit concentrating on New Deal projects such as the Tennessee Valley Authority.
Text read from the printed page and cleaned; old type leaves the occasional error.