The Southwestern Historical Quarterly, Volume 53, July 1949 - April, 1950 Page: 343
The following text was automatically extracted from the image on this page using optical character recognition software:
mained as millstones upon the humanity of earth. Speaking for
a generation tragically affected by two world wars, Wecter stresses
the parallel between Wilson's New Freedom and the New Deal
as examples of the American quest for social justice, each
thwarted and then engulfed in the cross currents of war.
The present college generation, which has known few experi-
ences unrelated to depression and war, will obtain a better sense
of balance as they read this survey of the recent past, hitherto
often confused by inherited bias or bitterness toward Hoover or
Roosevelt. Americans will feel that they live again the harrowing
experiences of economic frustration born of unemployment, de-
clining farm income, or "plow under" stupidity. The first eighty
pages constitute a brilliant summary of Hoover's struggles with
the Depression, the change of command, and the initial resur-
gence of confidence when the banks were closed and reopened and
people became convinced that they would not starve. The recital
of changes in legislation to meet court decisions and new condi-
tions has been accomplished with a minimum of tedium.
The dependence of New Deal planners on British economist
John M. Keynes is accepted and the conclusion reached that the
"mechanism of Keynesian economics might remain a debatable
issue, but the grand strategy of Roosevelt, the humanitarian,
never lacked clarity." Also, "A president who tried everything
was bound to make mistakes." Possibly, nowhere have the mis-
takes been more obvious than in that maze of overlapping and
conflicting agencies and bureaus built up by Roosevelt which
Hoover was recently recalled to untangle. Nevertheless, a grateful
people do not scrap the safety deposit insurance features of the
banking law or the gains made toward stricter supervision of
stock market operations, although still in serious disagreement
over federal farm and labor policies. Hardly any major facet of
the shifting depression scene escaped the author's penetrating
observation, whether it be an evaluation of the Rust cotton
picker, the uprooting of the tenant farmer by poorly managed
crop control payments and seductive relief payments to the city
unemployed, or the effects of the "dust bowl" and "commercial
agriculture" on migratory Americans and Mexicans.
It will be interesting to read comments by representatives of
Here’s what’s next.
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Periodical.
Texas State Historical Association. The Southwestern Historical Quarterly, Volume 53, July 1949 - April, 1950, periodical, 1950; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101126/m1/419/?rotate=270: accessed November 15, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.