FDR: “Today a great steel company announced a reduction in prices with a…”

On the record

Today a great steel company announced a reduction in prices with a view to stimulating business recovery, and I was gratified to know that this reduction involved no wage cut.

Said by

FDR

Democratic · New York

Source

gutenberg.org

Editor's note · Context

Roosevelt shares positive news about a steel company reducing prices without cutting wages, signaling hope for recovery.

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FDR: “Today a great steel company announced a reduction in prices with a view to stimulating business recovery, and I was…”

Editor's note · Context