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The Great Depression


Rejecting Socialism During the Depression (American Opinion, 1963)

Novelist Taylor Caldwell (Born Janet Miriam Holland Taylor Caldwell: 1900 - 1985) recalled the bleak days of the Great Depression - and the perpetual appearance of American socialist who seemed always to be in recruitment mode.

"Open or crypto-Communists, they had one unwavering theme: Communism was a System with a Heart. Communism was the new Christianity. Communism was the savior of the working people. America must become Communistic, if it was to pull out of the Great Depression. The Light of the World was not in my church. It was in Moscow."

Click here to read further about American Communists during the Great Depression...

In 1887 the NEW YORK TIMES reviewed the first english edition of Das Kapital by Karl Marx, click here to read it...

 

How Poor Was America? (New Outlook Magazine, 1933)

Economist Robert R. Doane (1889 - 1961) presented numerous charts and figures amassed between 1929 through 1932 to argue that America was still a wealthy nation despite the destruction wrought by the Great Depression:

"In 1929 the United States held 44.6 percent of the total wealth of the world. In 1932 that proportion has increased to almost 50 percent. We still have half the banking-power of the world. We still have half the income. In all of the items of economic importance and efficiency, the United States still stands supreme."

 

The Formerly Rich (New Outlook Magazine, 1933)

"The last report of the Bureau of Internal Revenue furnishes conclusive evidence that many of the families who were maintaining our social front during the delirious decade ending in 1930 have been reduced to incomes that are negligible... Well-worn suits, cobbled shoes and re-enforced linen is what the quondam well-dressed man of 1929 is now wearing, even when he appears at such country clubs as have managed to survive by waiving dues rather than close their doors."

The wealthy were targeted for high taxation...

 

Threat of Nationalizing (Liberty Magazine, 1938)

In the winter of 1938, when one of FDR's anointed Brain Trusters made an off-the-cuff remark that the Federal Government would "take over industry" if the economy did not turn around, it must have alarmed many of the industry captains and sent the stock market through the floor. It also moved the eccentric Bernarr MacFadden (1868 – 1955) to put a fresh ribbon in his typewriter and have at it:

"The present administration has made a ghastly failure of the business management of this government. It has increased the national indebtedness at the rate of five to ten million dollars every day. It has added more than twenty thousand million dollars to our national debt, and it probably has twenty million or more of our citizens on the dole, or in charity jobs, which is the dole in another form."

 

Women on the Relief Rolls (New Outlook Magazine, 1935)

- from Amazon:

"It is illuminating to realize that more persons are receiving relief in the United States than there are individuals in such well-known countries as Romania (18,000,000), Mexico (16,500,000), Czechoslovakia (14,800,000) and Yugoslavia (14,000,000); over twice as many as Belgium (8,000,000) and Holland (7,920,000); about three times as many as in Sweden (6,140,000) and to cut theses comparisons short - almost seven times as many in all of Norway (2,800,000)... Clearly, it is not in the least inaccurate to speak of the relief population of the United States as a great nation within a nation... Women and children comprise as much as two thirds of the relief population."

 

The Unhappy Constituents (New Outlook Magazine, 1933)

"If President Roosevelt were a Caliph in ancient Baghdad, he would disguise himself as a Congressman and wander about the country asking the man at the filling station, the hitch-hiker, the farmer and his wife, the local chairlady of a woman's club - he would ask them what they thought of FDR, the NRA, [General] Hugh Johnson, Brain Trusters, Jim Farley and the entire set-up in Washington... He would be startled. Mr Roosevelt is growing exceedingly unpopular - not so much the President himself as his Administration."

More about New Deal problems can be read here...

 


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