The Archive · 1937

More Federal Spending Anticipated

New York. Dec, 29.

Recurrent "Administration, attacks on "big, business" monopolies are proving most disconcerting to business. It is believed, however, that they.are largely motivated by tactic cal considerations of a political nature, with the primary purpose of blaming business for the recession.

At the object is the same time,

divided Democratic Party also an attempt to reunite the badly on the basis of an always popular busting" campaign, as well as to frighten business into abandonment of demand for a relaxation of Government control, The belief is also. prevalent that it is intended to prepare the ground for the Presidential message to Congress on January 3, which, inter alia. is expected to propose the resumption of Federal spending on the theory that business is unwilling to ce-operate towards recovery-

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

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