The President was equally frank in discussing domestic problems, bitterly assailing the "minority of businessmen" who he said were seeking to thwart New Deal "objective. He rejected the substitution of the dole for work relief, proclaiming that he would not retreat from the Administration's objectives. sponsion of the employment must end," Roosevelt "or the capitalistic system wi destroy itself through its own abus The President said Big Busin must abandon prai s of avoiding taxes, excessive capitalization, investment "write-ups," security manipulation, price-fixing, collusive bidding and high-pressure salesmanship. Large Corporations, he said, were using their patents to maintain high prices. He also accused them of unfair competition and intimidation of state and local governments to prevent legislation for the protection of labour. troversy with Big Business, The "Daily Telegraph" concluded by saying, "it certainly looks as though the President is resolved not to eàpituiate," The "News Chronicle" said, "The New Deal marches on methods not always perfect but its aims at home and abroad are magnificently right."
The "Daily Mail" believes the President's speech was a "formal admission that complete isolation as a traditional policy of the United States a is no longer feasible in these times, The "Daily Express" warned Britons not to expect "any more from Mr. Roosevelt's speech than his actual Words.... The United States is not going to do anything about dictate The "Daily Herald," however, said Mr. Roosevelt was "trying to undermine isolation, and lead the Am: can people into a new position where they will be willing to use their great power positively in the struggle for world peace."
"The Times" said the whole passage in the President's message regarding foreign affairs was "cast in a notably lower key intended chiefly to fortify his plea for national unity in meeting with internal difüculties."—United Press
Text read from the printed page and cleaned; old type leaves the occasional error.