THE PRESIDENCY: Third Term?

Franklin Roosevelt did not exactly reverse himself on his Tax Program last week (see col. 3). He simply surrendered the ball to his opposed advisers on the fourth down to let them see what they could do with it. By his speech to the Retailers week before he was still committed personally to more spending and the cart-before-the-horse theory that the New Deal would work economically when an 80-billion dollar income is achieved, a defense notably limned by Cartoonist Burt K. Thomas in the Detroit News (see cut).

All of which convinced many...