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Richard M. Boeckel, Editor.
The Administration and the Business Slump
President Roosevelt in his message to the special session of Congress, November 15, conceded that the current business slump, in so far as it had the effect of decreasing the national income, was “a matter of definite concern,” but he insisted that “with the exercise of ordinary prudence, there is no reason why we should suffer any prolonged recession, let alone any general economic paralysis.” The message displayed a conciliatory tone toward business, stressing the consideration now being given by ...