Business & Finance: The Government's Week: Apr. 25, 1938

Last week the U. S. Government did the following for and to U. S. Business:

¶ Finally produced a full-fledged program intended to defeat Depression. As Franklin Roosevelt explained it to Congress in a special message and to the nation in a "fireside chat." it boiled down to the familiar New Deal story of "pump-priming" (see p. 10).

¶ Put part of the recovery plan into effect. Those items in the President's program which needed no further Congressional approval last week included such highly technical inflationary devices as desterilizing the $1,392,000,000 gold the Treasury has...