President Theodore Roosevelt used the concept of a contract to convey his attitude about the economy because it needed resuscitation from the Great Depression.
He notes that the American voters have empowered him with their mandate to revive the economy.
In paragraph 2, Roosevelt emphasizes the importance of inaugurating a New Deal that will reign in the excesses of profiteers, government involvement in the regulation of economic activities, and partnering with businesses to revive failed industries.
He requests that Congress should grant him more extensive Executive powers to carry out the New Deal. For him, the emergency of the Great Depression requires the waging of war.
Thus, since the concept of a contract involves a partnership agreement, the President, having obtained the people's mandate, requires Congressional approval to revitalize the failed economy.
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