The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1934-08-17
Price Sees Right And Left
In New Deals Tug-Of-War
Great Speculation Now
Entered Into Bearing
On Roosevelt Admins
lration

WA5ftaN1hoNs Aug. IL
Rluks Or Left2 a. no pre-
vieus stage Of the Roosevelt adj
mlnissEasios has that perennial
ausstisn received more earnest
semsldsraassa IN Washington,
states Byren Price. Chief Of
bussau 81 shs Associated Press.
Should the government con
tinue ita new effort TO treasure
buslneas." o. should It disregard
The complaints Of those who dis
trust ihe economic soundness of
che "new deal aud forge ahead
wlth the original program of read
tuaimcnag
The question has become urgent
because of = special train of cir
eanisianeea. Sentiment on both
sides has been. heretofore. some
what fluid: now there are signs of
greater solidarity in both camps,
wlsh . corresponding increase Of
pressure fer a more definite adj
mlnlstFatlon choice one way or
the olher.
nuainess civea 'Rest'
last spring the swing Of the
pendulum PROFESSIONALLY was To
the flght-that h. away from fur
Their radical Innovations. and to-
yard relaxation Of some Of those
nlare advanced "new DEAL poll
eiss which were worrying the
husiurss verdi.
To the white House, the gov
efnment departments. and con-
mfess powerful industrial and a.
maneial groups made and re-
iteFated = plea whose burden was
this ''ilte us q rest from SUR
pFieea and new restrictions. Bust
meaM $40 - hsttes 81 a. emlysssis
lefs alaue."
TIE petillon bad is effect.
Nnfioua radical measures were
amoihefvd il congress. The stock
market bill vas modified. the Sc
euFiiiea act amended. NRA was
deprived 1T sons Of Is teeth. The
President went on a long vaea-
tlen. and passed the word that
Washington was to enter the
niiemca. n aid.
Il u Left Again7
What happcnedg
Tn the right, the complaints
~ husimeas Increased. The stock
mafket weut down. The summer
dfup In Industrial activity was
summed up 81 Standard Statistics
e. somewhat greater than normal.
Prem che left came pro-
neuneed reaction % the suspected
peftemiae of washington's policy
toward BIG business. II cropped
oat 10 renewed demands for in
flauon. IN protests against
''mouopoliatie' tendencies. in a.
nelabls outbreak Of labor trou-
hles.
AZ that stage Dir. Roosevelt re-
turned aeross the west. The re-
esptiun be- received convinced him
thai the masses. the ordinary
eeteFs. were Cor the ''new deal.
That conviction was reflected
iu his Green Bay speech: he
prpmlsed his policies would march
on. although he did add an assur-
anee that no harm was intended
toward ''honest business"
Tho speech WAS not what GER
tain business men had asked for.
Wa lhe pendulum swinging again
o. The ieftg
a Tug-o-WaF
Back IN the White House. the
President was exposed at once
&C. renewed pressure from the
Eleht.
II vas argued that the armis-
tiee granted had been neither
long enouEh nor complete enough
g. permit business 10 show re-
suits; that = much more sweeping
Fecessipn frem some Of the con.
tiHuing "new deal" policies would
g. nsressary actually to restore
confidence
To this IN. Reosevelt's left
wiae supporters replied that no
ntMlter shat concessions were
taade. biN business never could be
wun over anyway; that the adj
fainistFation had the sure support
IL The majority. and could retain
il snly II the ''new deal" policies
we're carried through without
emAseulation.
u b a tug.of.war Of far greater
proportions than the day-t0-day
eastward developments hint.