THE PRESIDENCY: Alarms and Excursions

NATIONAL AFFAIRS

Alarms and Excursions

Again last week, Franklin Roosevelt applied himself with experienced calm to battling his second depression. Most spectacular moves in the campaign were two talks with the heads of two huge Eastern utilities companies (see p. 14).. Then came the President's message to Congress calling for legislation to encourage private capital to start a private housing boom (see p. 18). On the pressing subject of taxes, the President announced that he favored the revision being discussed in .the House as soon as "Congress is ready." A balanced budget...

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