AMERICA'S HOPES.
_♦ TOO MUCH OPTIMISM A DANGER. SIR .1 OS lAII STAMP'S VIEW. (UNITED IMtKSS ASSOCIATION— BY ELICTKIC TELEGRAPH—COPYRIGHT.) (Received July 12, 0.20 p.m.) LONDON, July 12. Sir Josiah Stamp, broadcasting to Great Britain and the United States, said that the success of Mr Roosevelt's measures depended on the mental and moral calibre of the American people. The great thing they had to fear was too high speculative activity, with its inevitable reactions. If hopes for the future dashed frantically ahead of the existing facts, then disillusionment might well have results too fearful to contemplate. The psychology of Americans and their ability to let hope outstrip discretion op the stock exchange, were the greatest obstacles to the success of Mr Roosevelt's programme.
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Press, Volume LXIX, Issue 20906, 13 July 1933, Page 9
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122AMERICA'S HOPES. Press, Volume LXIX, Issue 20906, 13 July 1933, Page 9
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