FDR: “The unfair ten percent could produce goods so cheaply that the fair…”

On the record

The unfair ten percent could produce goods so cheaply that the fair ninety percent would be compelled to meet the unfair conditions.

Said by

Democratic · New York

Source

Roosevelt explains how unfair practices by a minority can undermine fair competition in the cotton industry.

More from FDR

Mar 25, 1945

The logic of events and our clear and pressing national interest must override our old party controversies.

Apr 4, 1945

It may be in another week or ten days.

Mar 25, 1945

It will recommend agricultural policies and advise Nations on their food and agricultural problems, but it will have no power to coerce or command.

Mar 25, 1945

The point in history at which we stand is full of promise and of danger.

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FDR: “The unfair ten percent could produce goods so cheaply that the fair ninety percent would be compelled to meet the unfair…”