broadcast you hear. Therefore, let us keep our minds on two or
three simple, essential facts in connection with this problem of
unemployment. It is true that while business and industry are
definitely better our relief rolls are still too large. However,
for the first time in five years the relief rolls have declined
instead of increased during the winter months. They are still
declining. The simple fact is that many million more people have
private work today than two years ago today or one year ago today,
and every day that passes offers more chances to work for those who
want to work. In spite of the fact that unemployment remains a
serious problem here as in every other nation, we have come to
recognize the possibility and the necessity of certain helpful
remedial measures. These measures are of two kinds. The first is to
make provisions intended to relieve, to minimize, and to prevent
future unemployment; the second is to establish the practical means
to help those who are unemployed in this present emergency. Our
social security legislation is an attempt to answer the first of
these questions; our Works Relief program, the second.

The program for social security now pending before the Congress is
a necessary part of the future unemployment policy of the
government. While our present and projected expenditures for work
relief are wholly within the reasonable limits of our national
credit resources, it is obvious that we cannot continue to create
governmental deficits for that purpose year after year. We must
begin now to make provision for the future. That is why our social
security program is an important part of the complete picture. It
proposes, by means of old age pensions, to help those who have
reached the age of retirement to give up their jobs and thus give
to the younger generation greater opportunities for work and to