the strong position whick the Con stitution occupies in the affections of the people was not realized by President Roosevelt when the Court re-Jectod the N.R.A. As soon og he had thoroughly mastered the decision he made a vigorous attack upon it in 'a memorable press conference which lasted nearly an hour and a half, The eneral gist of conference was' that had been stopped dead her tracks: that the Administration had been deprived of powers which every other Government of a civilized country possessed, and that, politically speaking, the' country "had been sent back to "horse and buggy" days.
The effect in the country would be far-reaching the President prophesied, the old rule of tooth and claw would back again, cut-throat competition and immoral chiselling would sweep the business world. If politically th country was back in the horse and Dungy days, economically it was back the chaotic days of Genesis, without form and vold, with darkness covering the face of the deep.
The country however failed to seo matters from the President's point of view and events failed to justify It. The country did not go to tke dogs, in fact business began to Im= Prove almost from the very day the URA. was overthrown, "Moreover there was no popular clamour for the overthrow of the horse and buggy Constitution and the substitution of more modern streamlined model.
Text read from the printed page and cleaned; old type leaves the occasional error.