Atter experiments and false starts which continued since the inception of the Deal, the Administration began this yet to mould the business and industry ihe country with the ald of instruments rich have existed from the beginning, namefy the anti-trust division of the Department Justice and the Federal Trade Commission, Rsiped by the New Deal Social Securities!
mission. Meanwhile a joint Congressional Departmental Committee has been estjilshed to study the problem of concentrated health, or as it #8 usually phrased "monopoly." the chief characteristic of this renewed jot to supervise business activities for the benefit and safety of the public is that the crusading spirit has vanished, The Adistration have evidently decided that you cannot accomplish constrictive work with a jieige hammer. There was a period of cooperation between business and Government fader the N.R.A—in fact many criticized jie Government for turning over the country lick stock and barrel to the Chamber of! commerce, but with thesfall of the URA. fegan the series of terrorist and punitive jitacks upon business held responsible for the ills to which the country was heir, The question of government and business ations cane approached from the point view of whether they shall be antagonistic ce-operative, Tt can also be approached rom the more tangible side of whether busiis shall be forced to compete (on the theory' nat competition between units to attract lie favour of the public will best secure for ie public what'it wants) or whether it shall consolidated and controlled.
Text read from the printed page and cleaned; old type leaves the occasional error.