I have told the Congress that inaction on their part by that date will leave me with an inescapable responsibility, a responsibility to the people of this country to see to it that the war effort is no longer imperiled by the threat of economic chaos.

As I said in my message to the Congress:

In the event that the Congress should fail to act, and act adequately, I shall accept the responsibility, and I will act.

The President has the powers, under the Const.i.tution and under Congressional Acts, to take measures necessary to avert a disaster which would interfere with the winning of the war.

I have given the most careful and thoughtful consideration to meeting this issue without further reference to the Congress. I have determined, however, on this vital matter to consult with the Congress.

There may be those who will say that, if the situation is as grave as I have stated it to be, I should use my powers and act now. I can only say that I have approached this problem from every angle, and that I have decided that the course of conduct which I am following in this case is consistent with my sense of responsibility as President in time of war, and with my deep and unalterable devotion to the processes of democracy.

The responsibilities of the President in wartime to protect the nation are very grave. This total war, with our fighting fronts all over the world, makes the use of the executive power far more essential than in any previous war.

If we were invaded, the people of this country would expect the President to use any and all means to repel the invader.

Now the revolution and the war between the states were fought on our own soil, but today this war will be won or lost on other continents and in remote seas. I cannot tell what powers may have to be exercised in order to win this war.

The American people can be sure that I will use my powers with a full sense of responsibility to the Const.i.tution and to my country.

The American people can also be sure that I shall not hesitate to use every power vested in me to accomplish the defeat of our enemies in any part of the world where our own safety demands such defeat.

And when the war is over, the powers under which I act will automatically revert to the people of the United States--to the people to whom those powers belong.

I think I know the American farmers. I know they are as wholehearted in their patriotism as any other group. They have suffered from the constant fluctuations of farm prices-- occasionally too high, more often too low. n.o.body knows better than farmers the disastrous effects of wartime inflationary booms, and postwar deflationary panics.

So I have also suggested today that the Congress make our agricultural economy more stable. I have recommended that in addition to putting ceilings on all farm products now, we also place a definite floor under those prices for a period beginning now, continuing through the war, and for as long as necessary after the war. In this way we will be able to avoid the collapse of farm prices that happened after the last war. The farmers must be a.s.sured of a fair minimum price during the readjustment period which will follow the great, excessive world food demands which now prevail.

We must have some floor under farm prices, as we must have under wages, if we are to avoid the dangers of a postwar inflation on the one hand, or the catastrophe of a crash in farm prices and wages on the other.

Today I have also advised the Congress of the importance of speeding up the pa.s.sage of the tax bill. The federal treasury is losing millions of dollars each and every day because the bill has not yet been pa.s.sed. Taxation is the only practical way of preventing the incomes and profits of individuals and corporations from getting too high.

I have told the Congress once more that all net individual incomes, after payment of all taxes, should be limited effectively by further taxation to a maximum net income of $25,000 a year. And it is equally important that corporate profits should not exceed a reasonable amount in any case.

The nation must have more money to run the war. People must stop spending for luxuries. Our country needs a far greater share of our incomes.

For this is a global war, and it will cost this nation nearly one hundred billion dollars in 1943.

In that global war there are now four main areas of combat; and I should like to speak briefly of them, not in the order of their importance, for all of them are vital and all of them are interrelated.

1. The Russian front. Here the Germans are still unable to gain the smashing victory which, almost a year ago, Hitler announced he had already achieved. Germany has been able to capture important Russian territory. Nevertheless, Hitler has been unable to destroy a single Russian Army; and this, you may be sure, has been, and still is, his main objective. Millions of German troops seem doomed to spend another cruel and bitter winter on the Russian front. Yes, the Russians are killing more n.a.z.is, and destroying more airplanes and tanks than are being smashed on any other front. They are fighting not only bravely but brilliantly. In spite of any setbacks Russia will hold out, and with the help of her Allies will ultimately drive every n.a.z.i from her soil.

2. The Pacific Ocean Area. This area must be grouped together as a whole--every part of it, land and sea. We have stopped one major j.a.panese offensive; and we have inflicted heavy losses on their fleet. But they still possess great strength; they seek to keep the initiative; and they will undoubtedly strike hard again. We must not overrate the importance of our successes in the Solomon Islands, though we may be proud of the skill with which these local operations were conducted. At the same time, we need not underrate the significance of our victory at Midway. There we stopped the major j.a.panese offensive.

3. In the Mediterranean and the Middle East area the British, together with the South Africans, Australians, New Zealanders, Indian troops and others of the United Nations, including ourselves, are fighting a desperate battle with the Germans and Italians. The Axis powers are fighting to gain control of that area, dominate the Mediterranean and the Indian Ocean, and gain contact with the j.a.panese Navy. The battle in the Middle East is now joined. We are well aware of our danger, but we are hopeful of the outcome.

4. The European area. Here the aim is an offensive against Germany.

There are at least a dozen different points at which attacks can be launched. You, of course, do not expect me to give details of future plans, but you can rest a.s.sured that preparations are being made here and in Britain toward this purpose. The power of Germany must be broken on the battlefields of Europe.

Various people urge that we concentrate our forces on one or another of these four areas, although no one suggests that any one of the four areas should be abandoned. Certainly, it could not be seriously urged that we abandon aid to Russia, or that we surrender all of the Pacific to j.a.pan, or the Mediterranean and Middle East to Germany, or give up an offensive against Germany. The American people may be sure that we shall neglect none of the four great theaters of war.

Certain vital military decisions have been made. In due time you will know what these decisions are--and so will our enemies. I can say now that all of these decisions are directed toward taking the offensive.

Today, exactly nine months after Pearl Harbor, we have sent overseas three times more men than we transported to France in the first nine months of the first World War. We have done this in spite of greater danger and fewer ships. And every week sees a gain in the actual number of American men and weapons in the fighting areas. These reinforcements in men and munitions are continuing, and will continue to go forward.

This war will finally be won by the coordination of all the armies, navies and air forces of all of the United Nations operating in unison against our enemies.

This will require vast a.s.semblies of weapons and men at all the vital points of attack. We and our allies have worked for years to achieve superiority in weapons. We have no doubts about the superiority of our men. We glory in the individual exploits of our soldiers, our sailors, our marines, our merchant seamen. Lieutenant John James Powers was one of these--and there are thousands of others in the forces of the United Nations.

Several thousand Americans have met death in battle. Other thousands will lose their lives. But many millions stand ready to step into their places--to engage in a struggle to the very death.

For they know that the enemy is determined to destroy us, our homes and our inst.i.tutions--that in this war it is kill or be killed.

Battles are not won by soldiers or sailors who think first of their own personal safety. And wars are not won by people who are concerned primarily with their own comfort, their own convenience, their own pocketbooks.

We Americans of today bear the gravest of responsibilities. And all of the United Nations share them.

All of us here at home are being tested--for our fort.i.tude, for our selfless devotion to our country and to our cause.

This is the toughest war of all time. We need not leave it to historians of the future to answer the question whether we are tough enough to meet this unprecedented challenge. We can give that answer now. The answer is "Yes."

October 12, 1942.

My Fellow Americans:

As you know, I have recently come back from a trip of inspection of camps and training stations and war factories.

The main thing that I observed on this trip is not exactly news. It is the plain fact that the American people are united as never before in their determination to do a job and to do it well.

This whole nation of 130,000,000 free men, women and children is becoming one great fighting force. Some of us are soldiers or sailors, some of us are civilians. Some of us are fighting the war in airplanes five miles above the continent of Europe or the islands of the Pacific--and some of us are fighting it in mines deep down in the earth of Pennsylvania or Montana. A few of us are decorated with medals for heroic achievement, but all of us can have that deep and permanent inner satisfaction that comes from doing the best we know how--each of us playing an honorable part in the great struggle to save our democratic civilization.

Whatever our individual circ.u.mstances or opportunities--we are all in it, and our spirit is good, and we Americans and our allies are going to win--and do not let anyone tell you anything different.

That is the main thing that I saw on my trip around the country-- unbeatable spirit. If the leaders of Germany and j.a.pan could have come along with me, and had seen what I saw, they would agree with my conclusions. Unfortunately, they were unable to make the trip with me. And that is one reason why we are carrying our war effort overseas--to them.

With every pa.s.sing week the war increases in scope and intensity.

That is true in Europe, in Africa, in Asia, and on all the seas.

The strength of the United Nations is on the upgrade in this war.

The Axis leaders, on the other hand, know by now that they have already reached their full strength, and that their steadily mounting losses in men and material cannot be fully replaced.

Germany and j.a.pan are already realizing what the inevitable result will be when the total strength of the United Nations. .h.i.ts them--at additional places on the earth's surface.

One of the princ.i.p.al weapons of our enemies in the past has been their use of what is called "The War of Nerves." They have spread falsehood and terror; they have started Fifth Columns everywhere; they have duped the innocent; they have fomented suspicion and hate between neighbors; they have aided and abetted those people in other nations--including our own--whose words and deeds are advertised from Berlin and from Tokyo as proof of our disunity.

The greatest defense against all such propaganda, of course, is the common sense of the common people--and that defense is prevailing.

The "War of Nerves" against the United Nations is now turning into a boomerang. For the first time, the n.a.z.i propaganda machine is on the defensive. They begin to apologize to their own people for the repulse of their vast forces at Stalingrad, and for the enormous casualties they are suffering. They are compelled to beg their overworked people to rally their weakened production. They even publicly admit, for the first time, that Germany can be fed only at the cost of stealing food from the rest of Europe.