National Affairs: Smith & R. F. C.

Like many another Democrat, Alfred Emanuel Smith has a low opinion of the R. F. C. as a Depression-buster. Before a Catholic Conference on Industrial Problems in Manhattan last week he flayed its tight-fisted method of doling out small sums at high interest rates.

Cried Citizen Smith: "In the World War we took our Constitution, wrapped it up and laid it on the shelf until it was over. ... If we're going to get anywhere in this business of getting out of the Depression—of using public funds to stimulate business, we've got to appoint a Director General of Public Works to wipe...

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