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Editorial
February 22, 1933
Imperial Valley Press
El Centro, Imperial County, California
What is this article about?
Will Rogers critiques Carter Glass's Senate statement on the flawed Reconstruction Finance Corporation, arguing it unfairly prioritized aid to bankers and big business during the Depression, creating expectations for universal government assistance without sufficient funds.
Merged-components note: Merged image with Will Rogers column due to spatial overlap and contextual fit.
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Full Text
WILL ROGERS says:
BEVERLY HILLS, Feb. 21. (Special)—Carter Glass, when he told the senate that the whole Reconstruction Finance thing was bad, told them exactly what every senator knew in his heart, but didn't have the nerve to say. Every man, every industry in the U. S. was hit by depression. Before you start dealing out public funds to help, you should have first found out, "Have we enough money to give aid to everyone, every industry?" If not, I am not going to give part of them a sandwich and leave the rest go hungry.
But no, they didn't do that. They just started right in by helping the bankers. So every man, woman and child in the U. S. thinks, and rightfully so, that they have got as much right to get some sort of government aid as the bankers.
Due to lack of foresight of our lawmakers, the bankers, the railroads and big business got the first U. S. dole, and it will never be finished 'till the last one hundred and twenty million reach in and get theirs, because they feel they got it coming.
No wonder Glass was too smart to be treasurer.
Yours,
Will Rogers
Quips McNaught Syndicate, Inc.
BEVERLY HILLS, Feb. 21. (Special)—Carter Glass, when he told the senate that the whole Reconstruction Finance thing was bad, told them exactly what every senator knew in his heart, but didn't have the nerve to say. Every man, every industry in the U. S. was hit by depression. Before you start dealing out public funds to help, you should have first found out, "Have we enough money to give aid to everyone, every industry?" If not, I am not going to give part of them a sandwich and leave the rest go hungry.
But no, they didn't do that. They just started right in by helping the bankers. So every man, woman and child in the U. S. thinks, and rightfully so, that they have got as much right to get some sort of government aid as the bankers.
Due to lack of foresight of our lawmakers, the bankers, the railroads and big business got the first U. S. dole, and it will never be finished 'till the last one hundred and twenty million reach in and get theirs, because they feel they got it coming.
No wonder Glass was too smart to be treasurer.
Yours,
Will Rogers
Quips McNaught Syndicate, Inc.
What sub-type of article is it?
Economic Policy
What keywords are associated?
Reconstruction Finance
Government Aid
Depression
Bankers
Carter Glass
Will Rogers
What entities or persons were involved?
Carter Glass
Will Rogers
Bankers
Railroads
Big Business
Senate
Editorial Details
Primary Topic
Criticism Of Unequal Government Aid Via Reconstruction Finance Corporation
Stance / Tone
Critical Of Favoring Bankers And Big Business
Key Figures
Carter Glass
Will Rogers
Bankers
Railroads
Big Business
Senate
Key Arguments
Senators Know Reconstruction Finance Is Bad But Lack Nerve To Say It
Before Aiding With Public Funds, Check If Enough For Every Man And Industry Hit By Depression
Started Aiding Bankers First, Leading Public To Demand Equal Government Aid
Lack Of Foresight Means Aid To Bankers And Big Business Will Continue Until All 120 Million Americans Get Theirs