Thousands of U. S. businessmen lunched in hundreds of groups last week and talked about the jitters.
The President had tried to lay his hand soothingly on Business (TIME, Aug. 20), but, like a shell-shocked animal, it kept on trembling all the more. Unable to hog-call Business himself, the President dispatched his Secretary of Commerce to the microphone to swear that the "Roosevelt Administration . . . believes in just profits for management and capital" (see p. 17). But businessmen still had the jitters.
Front-page stories from Washington reported...
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