AMERICA'S NEW DEAL
ASSAILED BY MR HOOVER “ ECONOMIC HALLUCINATION ” NEW YORK, Feb. 14. (Received Feb. 15, at 0.15 a.m.) Mr Herbert Hoover, in a speech, assailed the New Deal as a mixture of coercion, collectivism, and lust for personal power. He declared that the three great missions of the Republican Party are the preservation of personal, intellectual and economic freedom, and economic restoration and peace for America by avoiding entanglements in another great war. Mr Hoover termed President Roosevelt’s spending policy as “ economic hallucination.” After quoting President Roosevelt’s saying that this generation has a rendezvous with destiny, Mr Hoover commented; “The most probable spot for tjiat rendezvous to-day is inflation. When this generation has gone up that alley it will find that freedom is gone and our rendezvous will be with a full-sized dictator.”
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Otago Daily Times, Issue 23734, 15 February 1939, Page 9
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134AMERICA'S NEW DEAL Otago Daily Times, Issue 23734, 15 February 1939, Page 9
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