Business: Flutter

"Do you think, sir," President Roosevelt was asked one day last week at a regular White House press conference, "that domestic commodity prices have gone far enough to justify stabilization?"

As every correspondent expected, the President emphatically did not think so. Embroidering on a pet subject, he went on to declare at some length that the purchasing power of the new dollar was not yet in line with the burden of old private debts. Because he has said the same thing over & over again during the past two years, few White House...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!