This means that the private utility companies, for example, need no longer fear Government competition, or perhaps it should be said that possible investors in private titilty companies need have no such fear, The government, moreover, has instruments to prevent financial collapse and encourage expansion, Housing construction. is "improving in a way which has astounded the officials of the THA, thanks to the government policy of insuring mortgages. International trade, even though it may be stimulated by foreign rearmament, Ig holding. its own, There is none of that almost joyous spirit with which the heavy problems of 1933 were tackled. Among the 'Administration advisers there tired and disillusioned air. They {trled their experiments, they praised them, based the hopes of the country pon' them, announced that what was happening' was not fortuitous "wel planned it that way," and then.the experiments in new governmental methods broke down and the country' was back where it started. Stocks were in a tail spin industrial produc: Yon was falling off and the most! Impressive achievement of the New. Deal seemed to be a national debt that was nearly doubled, Now nobody quite knows what to do next. And even if they know it fs doubtful it they could get it done.
Text read from the printed page and cleaned; old type leaves the occasional error.