“The attack on business so well popularized by the present administration at Washington unquestionably prolonged the Depression, perpetuated the dole, and added millions to the unemployed… I do not favor governmental interference with business, because it usually leads to disaster. We want a continuance of the fundamental principles [to] back our business organizations that have made us the richest nation of the world and have given our workers a higher standard of living than any other country. If we tear down these principles and adopt European standards – as in Russian, Italy and Germany – we must expect to lower our living standards to their level.”
It was conservative editorials like this that compelled the editors at New Masses to write a slanderous profile on the man – Click here to read it.
Click here to read more about FDR and commerce.
