PRESIDENT ROOSEVELT.

Wanganui Chronicle, Volume 76, Issue 105, 6 May 1933, Page 13 (Supplement)

PRESIDENT ROOSEVELT.

Back to first principles is the plea of this magnetic personality who is restoring hops and confidence to his fearridden people. “We must make American individualism what it was intended t > be—equality of opportunity for all. the right of exploitation for none.” Throughout the book one secs the expression of an inflexible determination to grapple with the financial octopus. It will cause some of tho Wall Street manipulators no end of concern. “I believe,” says the President, “that the individual should have full liberty of action to make the most of himself; but I do not believe that, in the name of the sacred word individualism, a few powerful interests should bo permitted to make industrial cannon fodder of the lives of half the population of the United States.” President Roosevelt sharply criticises his predecessor, Mr. Hoover, for “excusing” the depression and blaming it on “events from abroad, which are beyond tho control of either our citizens or our Government.” Mr. Roosevelt says the depression began in the United States and spread to the rest of the world, and should have been tackleG at the source —and because he has begun immediately to essay the gigantic task of putting his principle into action, not only his own country, but the world which has suffered from the reactions of the American conditions which he attacks, has found fresh cause for hope