President Roosevelt, in his message of April 29, 1938, called the attention of the Congress to a growing concentration in this country of private economic power, without equal in history. He said that this concentration is seriously impairing the economic effectiveness of private enterprise as a way of providing employment for labor and capital and as a way of assuring a more equitable distribution of income and earnings among the people of the nation as a whole.
Publication Year
1938
Citation
100 Forum 303 (1938).
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President Roosevelt, in his message of April 29, 1938, called the attention of the Congress to a growing concentration in this country of private economic power, without equal in history. He said that this concentration is seriously impairing the economic effectiveness of private enterprise as a way of providing employment for labor and capital and as a way of assuring a more equitable distribution of income and earnings among the people of the nation as a whole.
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