| Show meanwhile now new dealers are beginning to worry about a ausla ess recession early in 1040 1940 somo say it ddll be a sharp slump others that it will be jhoil and mild but all new deal economists agree that there will NOR be a slump this of course opens the door tor for more talk about bend lend and ami what have you on the part of the determined small group mentioned above what these obese folks fall to realize la is that the present business upturn L did ll 11 d ll 11 not 0 t s start ta t u until 1 lt 1 1 last lils t slay lla y w which alc 1 1 w was a s a after f te r C congress 0 n g r e ss h had a a b begun e gu n t to 0 do a number of things which gave hope to the business community Con congress greiss turned thumbs down on aid it tightened blank check spending it began a probe of the national labor rela bela gions board it made some tax law changes and showed a willingness to make more and since then business has gone up and up and up its a pretty safe hot bet that it if the now new dealers dont try to tam raia a hunch bunch of now experiments down congressional throats next january tho the boniness bus bu Anesa upturn will continue and the 1940 recession it if it comes corn 09 will be just a passing phase in ili this connection people who have done some isome traveling lately bring iback back to washington interesting accounts of the condition of business alnesa bu they out for example tile dlf difference ference in business conditions in california washington and oregon geographically next door neighbors in california anil and washington business generally Is bad to slow in oregon it la Is much better business la Is improving in pennsyl auala and it 11 generally on the upgrade in ili new england perhaps uie the political situation ju in thee states is only a coincidence but it probably kibly Is much more than that in new england la in ana oregon party affiliations vary but each state has a so go called moderate or conservative government lu in the state of washington daw dave beck and his teamsters union are maintaining a labor monopoly while california has a governor who was as elected to office oo on a 30 e every ery thursday plank and who fress tom mooney and war ren billings in other words radical or alib liberal states seem to be having a tough time of it the moderates or are farine much better |
