National Affairs: Same Old Story

For seven years Franklin Roosevelt has poured out farm benefits, strengthened labor's bargaining position, piled new tax burdens on the rich. His reward: to the lower-third of the U. S. he is a savior; to economic royalists "that madman in the White House—" This week Commerce Department economists, having broken down national income payments by years, 1929-39, found that, despite marked shifts during depression-bottom years, the basic national-income pattern in 1939 was virtually the same as in 1929.


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