The Archive · 1938

US. Economic Situation

Grave Conditions in Spite of Expenditure of $15,000,000,000 by the Government Five crowded years of enthusias-lie effort and toil and $15,000,000,000 of good national money have "not een able as yet to put America's economy together again, The ghastly truth is that the de-Voutly-hoped-for deliverance has not come, and there Is apprehension that worse Is yet to be. The moment calls for more courage and greater fortitude than at the. dram-alle outset of Roosevelt's first. term in March "1993. 'The great. Presid-cent, in the fate of that dark hour, with his winning" personality, "did seta new and Wold attitude for the whole nation. This dynamic political leadership gave the main' Body of the people at once a sense of Providential security.

The double term has almost three years yet to go. Within that period the Roosevelt regime must demonstrate whether or not it can bring labour the wished-for economic sal= vation,

Text read from the printed page and cleaned; old type leaves the occasional error.

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