"UP THE ALLEY OF INFLATION”
WHERE IT.S.A. IS HEADING, SAYS HOOVER. United Press Assn.—By Electric Telegraph—Copyright. NEW YORK, February 14. Mr Herbert Hoover, in a" speech assailed the New Deal as a mixture of coercion, collectivism and lust for personal power. He declared the three great missions of the Republican Party are the preservation of personal, intellectual and economic freedom, economic restoration and peace for America by avoiding entanglements in another "great war. Mr Hoover termed President Roosevelt’s spending policy as an “economic hallucination. ’ After quoting Mr Roosevelt’s saying that this generation has a rendezvous with Destiny. Mr Hoover commented: “The most probable spot for that rendezvous to-day 7 is inflation. When this generation has gone up that alley it will find its freedom is gone and our rendezvous will bo a lull-sized dictator.”
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Bibliographic details
Pahiatua Herald, Volume XLVIII, Issue 14068, 15 February 1939, Page 5
Word Count
134"UP THE ALLEY OF INFLATION” Pahiatua Herald, Volume XLVIII, Issue 14068, 15 February 1939, Page 5
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