SUPPORT FOR PRESIDENT.
BUSINESS LEADER’S STATEMENT. WASHINGTON, Jan.' 20. Fifty of the nation’s business lenders presented to President Roosevelt a statement promising their co-opera-tion in combating recession, but demanding radical revision of the President’s Wages and Hours Bill, and a truce with public utilities. President Roosevelt was cautioned against a general purge of holding companies and against any further tinkering with the currency. The statement concluded w r ith an expression of faith in the efficacy of the principles of democracy. President Roosevelt said the Government was seeking the simple machinery by which its policies could be formulated. He insisted that Congress must pass the Wages and Hours Bill. The quarrel with public utilities was only with the recalcitrant 15 per cent. Labour unions should voluntarily make public their receipts and expenditures in the same way as under the British system.
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https://paperspast.natlib.govt.nz/newspapers/MS19380121.2.101
Bibliographic details
Manawatu Standard, Volume LVIII, Issue 45, 21 January 1938, Page 7
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141SUPPORT FOR PRESIDENT. Manawatu Standard, Volume LVIII, Issue 45, 21 January 1938, Page 7
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