National Affairs: Double Dare

At Munich, Mr. Chamberlain and Mr. Hitler very ably appeased each other. Mr. Chamberlain by giving in, Mr. Hitler by declaring his good intentions. The big unsettled question about President Roosevelt's business-appeasement policy is whether it is the Chamberlain or Hitler kind. Last week it looked more like the Hitler kind when the head of the Federal Reserve Board, Marriner Eccles (the New Deal's prime advocate of spending for recovery), appeared before a Senate committee and gave Congress a lusty double dare. He challenged it to try economy. Said he:

"A great majority...

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