The Nome nugget., 1934-03-17
THE NEW DEAL ECONOMICALLY

Dear ST: Since the establish, ment of the United States of Am erica as separate nation we have abhorred anarchy in every form--yet during the past sev- eral decades it has been stealth fly creeping into our economic structure.
 You have all heard the phrase, rugged ind vidualism." lear ed of 1t in school from text books. It has been shouted at us for years by our political leaders, our monetary experts, and our lead ing economists. It is in fact the bulwark of the eapital'stic sys- tenn. Upon this noble-sounding phrase was built the vast num- Der of strangling trusts that spread like a blight across the United States, levying tribute on every city, town and hamlet. These two words are responsible for the condition that permitted the amassing of tremendous wealth in the hands of the com parative few. They created the system which permitted the same twenty men to sit on .nterlocking directorates of over eight hun dred banks and corporations. If you do not believe this, consult Senator Norris (of Nebraska) speech delivered in the United States Senate on th.s subject These two words are responsible for the un-American credo of the recent past, that the Government should be operated by, and for the benefit of the wealthy and the well-born. Forgotten in recent years have been Lineoln's immort- al words. "that government by, the people and for the people shall not perish from the earth"
 We have, however, through the haze and mark of the past four years. definitely found out that rugged individual sm simply means every man for himself and to h--l :, with the rest.
 The doctrine of the New Deal has shown us the absolute depen- dence of all classes upon one an other. We are forced to recog- nize the necessity of providing livable Incomes and honest work for all the citizens of our repub- lie. We have come to see that the former inequality could not and must not continue.
 The leader of the New Deal. backed by the ordinary citizen of the land. you and :. established the arm of government known as the NRA Economic stress, it is true, led to the adoption of this ar arm of government but the changes that it made in the con duct of our national life will not
 
 tional equilibrium. Future years will see giant strides along the road opened to us when the Ma tional Recovery Act was made in- to law.
 One of the most revolting spec tacles on the horizon of our na- tional life has been relegated to the limbos of the past; child labor. This blot on our national honor was erased with courage and determination; which we trust will never return.
 The leader of the New Deal, with high courage, knowing the wishes of the people, immediately attacked that nefarious amend ment to the constitution which interferred with the personal con- duct of our people, prohibition. That the American people knew what they wanted, is attested by the vote, state by state. We are free at last to work out the best solution for the handling of li- uuor.
 Under the New Deal, the farm CT, backbone of the nation, has been meted out economic justice. We have long known that for many years the farmer has been throttled both by the middleman and by the control of markets by monied interests. Under the New