Home
Search transcripts:    Advanced Search
Notable New     Yorkers
Select     Notable New Yorker

Frances PerkinsFrances Perkins
Photo Gallery
Transcript

Part:         Session:         Page of 578

revival of industry.

I had been in conference with a little man up in New Hampshire, whose name I can't remember, though it will come back to me some day, with John Winant, and other New Englanders about the plan of this little man's for the revival of industry, which curiously had something of this NRA quality in it. His plan was a kind of a false subsidy to industries - that is, the government was to order from key industries, spotted because of their strategic geographical location, a supply of whatever it was they made, such as shoes, sheets, chairs, for the purpose of stimulating industry. The government was to make their order and the government's pay for it dependent upon the number of persons they employed, or re-employed. The idea was that you would get more money, more orders, if you employed a hundred people than if you employed fifty people. In other words, it was to stimulate them to spread the work, as well as to move the wheels around, seeing that they got a profit to help them to keep the wheels moving. That was his plan. Of course, his plan was made exclusively for New Hampshire. He had the places spotted and the factories spotted. In his organization of the plan in his own mind he saw exactly what you would do in a small state with a small, but very important, industrial life.





© 2006 Columbia University Libraries | Oral History Research Office | Rights and Permissions | Help