So many problems are calling for solution that a recital of all of
them, in the face of the known limitations of a short session of
Congress, would seem to lack sincerity of purpose. It is four years
since the World War ended, but the inevitable readjustment of the
social and economic order is not more than barely begun. There is
no acceptance of pre-war conditions anywhere in the world. In a
very general way humanity harbors individual wishes to go on with
war-time compensation for production, with pre-war requirements in
expenditUre. In short, everyone, speaking broadly, craves
readjustment for everybody except himself, while there can be no
just and permanent readjustment except when all participate.
General
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