Washington, Apr. 17.
As the depression entered its seventh month the atmosphere in the American capital began to assume! something of -the character of pre-Rooseveltian 1932 defeatism. The sountry's morale had reached a new six-year low along with some of the Jeading stocks and shares. The bright young men, who came to Washington in the early days of the New Deal either have become less bright or grown less confident. They have no to offer and no special enemy to blame.
ven the most fanatical among them do not really believe that 60 families of economic royalists have deliberately sabotaged the New programme. 'They gaze out ov wreckage of their hopes with a bewildered expression, murmuring did' General Braddock when—the Grill-book strategy falled against the Indians, "Who would have thought lon, moreover, is over and even were it not over the spirit of Congress is such that the President oven it Ihe wished would prothbly not able to secure the passage of "reform" measures of a drastic chi-
Text read from the printed page and cleaned; old type leaves the occasional error.