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^MORTGAGE LOANS '.RENTS QOLLECTED TELEPHONE. SHORE ROAD 8-15OO ESTATES MANAGED APPRAISALS WOLFF & STILLMAN CO., INC. REAL ESTATE AND INSURANCE 7118 THIRD AVENUE OFFICE HOURS. 9 A.M. TO 9 P.M. SUNDAYS A N D HOLIDAYS 9 A M TO 5 P.M BROOKLYN, N. Y M December £7, 1928. Mr. Marrlnes S. Eecles, Washington, D. G# Dear Mr. Eecles: After reading your l e t t e r to Senator Byrd of Virginia in yesterday's Few York Tribune, I donft think i t will take the Democ r a t i c Senator Byrd long to show up the hollow shell game of Few Dealism where by creating less and less you will have more and more. Whyf h e l l f the Hew Dealers have proven to the Americans in the past five and one-half years they haven r t brains enough to end their man made depression. Your l e t t e r reads something like the answers we used to get from Secretary Wallace of words to t h i s effect: sorry you can't see that by producing less and less you will have more sn$ more and by robbing Mr. John Public of h i s wealth he can buy more end more. Wellf just turn back to 1932 when the New Dealers were shouting a #16,000,000,000 debt is t e r r i b l e , this will have to be paid by the sweat of a l l workers! I wonder what will pay the beastly Hew ^eal debt of $40,000f000,000* The interest on this debt takes the entire earnings of 1,000,000 men at flOOO. per year and this is the smallest item on their debt l i s t . It also takes the lion share of the wealth of the dead plus the confiscation of the earning of nearly a l l business to try and balance the Hew Deal mistakes. S t i l l , the debt r i s e s by about |5,000,000,000 a year* with 10,000,000 men s t i l l unemployed, half of our people one third fed and with millions who have lost their homes. And then you fellows try to t e l l Mr. John Public this is good for himl ff'ell, he will be a bigger fool than i would think he i s if he ever wants to see a third Hew Deal term. It i s about time for more common democratic and Bepublican wealth creative ideas and away with Hew Dealism for ever, life don f t need any of the European ^isms11 in this Country. Let's stay at home and mind our ovn business and end this man made depression in a Country where we have more i*od natural wealth than we can use plus gold and silvereaough to l a s t us a billion years. We don't need to go foreign to give away our money to buy their wealth to pauperize their Countries sncf our own. Let the farmers create wealth and put men to work instead of bribing them with the hard earned d o l o r s of Mr. John Public which places him in a position where he can only buy l e s s and less every year which in turn creates idle factories. Your system has this Country so close to bankruptcy that i will bet you a hundred dollars the Federal debt would reach #60,000,000,000 in five more years which would take close to a yearly salary of 2,000,000 men to pay the i n t e r e s t . Why, the Mr* Merrines S# Eccles -2- December £7f 1938. Amerioan industrial dollar has reached the low earning power of about two per cent. It i s no wonder business i s afraid to expand under Hew Deal ism. Set back to doing things African and you will see the Amerioan standard of living improve sixty per cent. Yours for doing things American, E33:H
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