IF PRESIDENT SPOKE
PRICES WOULD JUMP
WAITING FOR CODES TO WORK
(Eeceived September 21, 11 a.m.)
WASHINGTON, September 20. Senator Thomas asserted today that President Roosevelt was gradually bringing about.an inflation of the currency, but that "he will not even dare to admit it." "My opinion," he added, "is that the President does not want to make a statement on inflation, because if he even hinted at it commodity prices would jump too fast and too high before the money is distributed among the.people. When all these codes are signed under the N.B.A. and millions of persons are returned .to work, .the President will be free openly to concede inflation. That time is now approaching rapidly."
A gigantic march on Washington next month is proposed by Senator Thomas as a pro-inflation demonstration. Unless the President- acts meanwhile, he proposes to have a million farmers, industrial workers, and war veterans from all parts of the nation parade the streets of the capital. ■ ■■ ■
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Bibliographic details
Evening Post, Volume CXVI, Issue 71, 21 September 1933, Page 11
Word Count
161IF PRESIDENT SPOKE Evening Post, Volume CXVI, Issue 71, 21 September 1933, Page 11
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