Excerpt from Harry L. Hopkins’ “Toward Economic Security; A Review of President Roosevelt's Economic Security Program,” 1935
Unemployment compensation boils down to this simple meaning. If a worker loses his job, there would be a fund from which he would receive a benefit for a certain period of unemployment. The Wagner-Doughton-Lewis bill which embraces President Roosevelt's recommendations for economic security is a realistic piece of legislation. It would not remove the necessity for all measures for unemployment relief, but it would lessen the need within the realm of possibilities. Now about old age. We have two problems of old age to face. There must be security for the future of those still in their working years and security for those who are already old. Insurance for the future of those still working can be worked out on an actuarial basis. It is not easy, but this old-age insurance problem can be put on a basis of definite figures. For the people whose job-holding days are over, it is a matter of pensions, not insurance, in the usual sense of the word. The legislation also carries help for widows and children in homes without a breadwinner. That, too, calls for a pension system. . . .
Use the excerpt from Harry L. Hopkins’ “Toward Economic Security” to answer the question.
In addition to the Federal Emergency Relief Administration, what New Deal program would Hopkins most likely use these arguments to support?
A.
Emergency Banking Act
B.
Securities and Exchange Commission
C.
Federal Housing Administration
D.
Social Security Administration