Abstract

Will Wonders Never Begin?

The American Administration, visibly disturbed by two or three serious rebuffs in the Senate and no doubt aware of the swelling popular demand for measures to counteract its recent deflationary policies, at last is giving serious heed to the problem of putting men back to work. Since Franklin D. Roosevelt took office there has been a further reduction of purchasing power, represented by about five billion dollars of deposits frozen in closed banks and a reduction of about four hundred million in veterans' allowances. It is even possible that the Administration will accept Senator Sidney Hillman's suggestion to establish a board in each industry in which collective agreements between employer and employed do not exist, such boards to fix minimum weekly wages and to supervise working conditions.