The Archive · 1938

U.S. Economic Situation

Grave Conditions in Spite of Expenditure of $15,000,000,000 by the Government By Armur Soper Five crowded years of enthusiastic effort and toil and $15,000,000,000 of good national money have not been able as yet to put America's economy together again, The ghastly truth is that the de-vently-hoped-for deliverance has not come, and there is apprehension that worse is yet to be. The moment calls for more courage and greater fortitude than at the di atic outset of Roosevelt's first term in March 1933. The great President, in the fate of that dark boni with' his winning personality, did seta new and bold attitude for the whole nation. This dynamic political leadership gave the main body of the people at once a sense of Providential security.

The double term has almost three years yet to go. Within that period ihe Roosevelt regime must demonstrate whether or not it can bring ubout the wished-for economic salvation,

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

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