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{
    "localId": "198105",
    "label": "The Thirty-First Press Conference of President Franklin D. Roosevelt",
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{
    "id": "198105",
    "sourceUrl": "https://catalog.archives.gov/id/198105",
    "contentType": "document",
    "title": "The Thirty-First Press Conference of President Franklin D. Roosevelt",
    "citationUrl": "https://catalog.archives.gov/id/198105",
    "collections": [
        "Papers as President, President's Personal File",
        "Papers as President, Press Conferences"
    ],
    "subjects": [
        "Transcripts",
        "International relations",
        "Depressions",
        "New Deal, 1933-1939",
        "Economics"
    ],
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    "productionDates": [
        {
            "day": 5,
            "logicalDate": "1933-07-05",
            "month": 7,
            "year": 1933
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    "seq": 7,
    "pageIndex": 0,
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    "ocrText": "007\n31 -7-\nTHE PRESIDENT: Background is all right.\nQ Will you give me an explanation of how this stabilization\nof the dollar with reference to commodities can be\nbrought about -- this future stabilization that you\nspeak of?\nTHE PRESIDENT: I will put it this way: The easiest way\nis to give you an analogy. During the last Session\nwe were all in favor, the Administration and the Congress,\nin favor of shorter hours of work in order to put more\npeople back to work. Senator Black put in a bill which\nonly had one paragraph in it and it said that nobody\ncould work more than 30 hours a week. Now, that was\ndoing by what might be called fiat, without knowing\nthe effect of it or without considering the effect of it,\nlaying down definite hard and fast terms. We took the\nobjective of the Black Bill and Congress wrote the\nIndustrial Control Act, which is so broad that it en-\nables us in each industry to determine what the hours\nof work should be and to determine what the hours should\nbe in the north and south and to determine the concen-\ntration in terms of a minimum wage. In other words,\nit is an elastic bill that gives discretion and authority\nto carry out the objective along all kinds of different\nlines as the need arises but with a perfectly definite"
}