Washington, Dec. 1
One of the jokes in "Punch" which has become a classic depicts a passenger on a cross-Channel steamer tossed about by the storm whose sufferings are about to terminate in the logical manner. Authority, represented by a blunt seaman, dedo "You can't be sick here." "Cant I?" says the passenger, and is. Call the passenger Industry and the sailor President Roosevelt and you have a perfect cartoon of what is happening in the United States.
Contrary to every New Deal prediction industry is sick, perhaps not so sick as in 1929, but definitely in a bad way. The Administratior which had been confident that its policies in the past five years had flattened out the rolling curves of the industrial chart, says in surprised consternation "How can you be sick here?" To its credit it must be said that it has faced the situation and is endeavouring to find an answer to its question. It is not content with blaming industry for what has happened, or suggesting that a different regime would have led to a healthier constitution which might have weathered the storm
Text read from the printed page and cleaned; old type leaves the occasional error.