Washington, April 10--President Roosevelt believes he can spend the nation out of the depression without using all of the $4,880,000,000 Work-Relief fund.
He said at his press conference today that he might be able to turn back some of the money to the Treasury. Mr. Roosevelt could start out tomorrow and spend $10,900,000 a day for the next year and still have a nice balance.
Apparently the long wrangle in Congress over the Work Relief Bill has had only one effect on the President's plans. Originally it was intended to get the peak of the work program--the employment of 7,000,000 men--under way in October. Today, Mr. Roosevelt said he believed the top would not be touched until November.
The President is going to insist that all the administrative work be done by existing government agencies, rather than through the creation of new boards and commissions.