Business & Finance: Harry Hopkins, Convert

"We must make plans to avoid mass unemployment after the war. We must not imagine that increased taxation and vast public works alone can do the job. . . . It must be done by the establishment of new businesses. . . . Industry must be given every incentive to expand."

These words were noteworthy last week because they came from no free-enterprising businessman, but from New Dealing Harry Hopkins. Once, in the old days of "tax & tax, spend & spend, elect & elect," WPA Boss Harry Hopkins had spent over $5 billion on vast public works trying to prove...

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