AMERICA'S PLETHORA OF RECIPES.
HOW LONG? A writer from the United States, in the ‘ Round Table,’ under the heading of ‘ New Deal or Old Mahogany,’ says: “ How long can wo go on like this? Undoubtedly no country was ever more favourably situated. With magnificent natural resources, unrivalled physical equipment in plants and factories, abundance of willing , and , competent labour, vast hordes of impatient money in the banks, and immunity from, the ancestral suspicions and animosities which beset so many European nations, we are now kept out of prosperity perhaps indefinitely by a clamorous demagogy eager to exploit America’s misfortune for some private cause. “ Only Fascism can save us. “ Only Communism can save us. “ Only bimetallism can save us. “ Only devaluation can save us. “ Only more codes can save us. “ Only more Government spending can save us. 1
“ Only social security can save us. “Only the Townsend plan for distributing 50 per cent, of the national income in the form of pensions to those over sixty, at the rate of 2,400d0l a year, can save us, “ Only crucifying bankers can save us.
“ Only ‘ soaking ’ the rich can save us. One can go on for ever. “ There is yawping and confusion everywhere. Those who have , earned and saved a little money hestitate to invest it in a mad country , with a mad fiscal system and madly divided counsels and no effective sane leadership. We have now staked our , all on the victory of government credit in a mad race between it and the, return, of prosperity, and it looks as if we might conceivably lose. “ More noise. Is it Father Coughlin excoriating the bankers? In the subbasement of the Shrine of the Little Flower at Royal Oak, Michigan, more than fifty typewriters are rattling away for the National Union of Social Justice. Twenty thousand letters come in daily. Carpenters are enlarging the rooms. Still more noise. ,
“Is it Huoy Long, denouncing something—almost anything? “Is it the Sound Money League denouncing sound money? “ Is it the American Legion denouncing those who oppose the cash payment of the bonus?
“Is it that very popular gentleman in,the White House denounring everything that happened before March 4, 1933?
“0, dear, wouldn’t it be pleasant if only we could have ciuiet just for a little while? Then perhaps someone could think. Surely there are people left in this country who can think? Or aren’t there?” «
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Bibliographic details
Evening Star, Issue 22070, 2 July 1935, Page 3
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398AMERICA'S PLETHORA OF RECIPES. Evening Star, Issue 22070, 2 July 1935, Page 3
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