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I had an idea of what ought to be done, but I will say this about myself at this moment - I was very green and ignorant about all other aspects of the government except the thing I knew about. I had not certainly considered myself as having a right to say anything about the balancing of the budget. Sure I was for the balancing of the budget in purely theoretical terms, but I had no idea what it meant to balance the budget on the governmental level. I was for it as a policy, I suppose because I had been connected with the Bureau of Municipal Research, or rather my husband had, and I had heard all about how you balance the budget. It was a good idea, I thought. I had no convictions about how you could do it, or whether it was of first importance. It was one of the President-elect's pledges and he had every intention of doing it.

He also had every intention of doing something about the financial situation. He had ever intention of doing something to revive industry. He had said so. He knew we were in a very bad trough. We were in one of the worst periods in our history. He knew that and he knew he had to do something about it. He had every intention of doing something to relieve the unemployed, but God knows what it was! It was as vague as that. It was good intentions and no program.