POLITICAL NOTE: Share-the-Wealth Wave

(See front cover)

Economic theories for the immediate salvation of the U. S. come & go like the waves of the sea, pounding loudly for a little while on the beach of public attention and then receding to the silent depths of history. The Utopian movement, whipped up into big breakers by the 1934 campaign, spent itself in the defeat of California's Upton Sinclair and his EPIC. Its successor, the Townsend Plan, touched its high watermark just before Chairman Doughton of the House Ways & Means Committee put the old country doctor on...

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