THE PRESIDENCY: Strangled Rabbit

At least one white rabbit a year out of his fine high hat was produced by Franklin Roosevelt in the first five years of his Administration, to solve and save the U. S. economy. For his sixth year, with some 11,000,000 workers still jobless, the Budget still reeling, the President appeared to have lost his urge for new projects. Nonetheless, his advisers persuaded him to try at least a grey rabbit: revision of corporate taxes deterrent to Business. Secretary of Commerce Harry Hopkins heralded it, Secretary of Treasury Henry Morgenthau nursed it...

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