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Henry a Wallace — Part 1
Page 183
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~ Oo saca-
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weer ee
ow, two years after Franklin D.
Roosevelt's death, there keeps
returning to me the memory of those
great qualities which he had in so large
a measure and which today are so lack-
ing in our national leadership. He had,
first of all, a surpassing talent for im-
provisation, an ability to call forth
genius to flesh out his dreams. He had,
secondly, an overwhelmingly infectious
humanity, « quality of affection that
’ sadiated from him to his countrymen
and was returned with the same in-
atensity. He had, lastly, that huge sense
of destiny which grew and grew over
. the years until it almost completeiy
” obscured his human faults and failings
and made him, while he still lived, pact
’ of the American legend.
Roosevelt was a masterful improviser.
He caught at ideas like an atstist,
absorbed them, implemented them, re-
jected them as soon as his imagination
caught a fresher note that served his
broad purposes better. He came to
Washington in the spring of 1933, to
a city paralyzed by the dead hand of
custom and habit. He destroyed the
paralysis by rejecting all the patterns of
convention and throwing the doors of
Washington open to the men whom
the “practical” world called crackpots.
He arrived with no‘ inflexible code of
ideas; within a month he had made our -
Capital the most powerful center of
fresh thought in the Western world.
Dseamers and planners, schemers and
vey eet Suns ania aed hall aliianh ain Feemiation on metabo nnttenmeameintenmnetenen
1
politicians, poured in, all of them mag-
netized by the man in the White House
whose eyes sparkled when he heard
them talk.
My first conversation with Roosevelt
was in the summer of 1932 when he
first broached the sheiter-belt idea to
me. Roosevelt was a great lover of
trees; the concept of a belt of trees
stretching across the conotinent and
sheltering the arid plains had long in-
trigued him. He thought the shelter-
belt might even change the climate of
the continent. Though experts disagreed
with him on his concept of climatology,
it bothered Roosevelt but little. He
wanted a continental shelter-belt and 2
year later men were planting it. His
detailed planning, his mastery of the
hard facts that went into grand schemes
was sometimes faulty—but the grand
schemes themselves were his domain.
Tn a city of small-minded men, he col-
lected them like a connoisseur.
Other ideas came to him similacly
from all quarters. He knew that some-
thing had to be done quickly to reverse
the spiral of deflation. The actual tech-
nique was a matter for experts to work
out, Homer Cummings, several others
and myself were convinced very early
that the point of attack on deflation was
the price of gold. We felt it must be
raised. I suggested that the President
call in Professor George A. Warren
and James Harvey Rogers (author of
America Weighs Her Geld). - Roose-
“
oa eo. . .
LACE ene ener reer me se an 8 wD RE A "
( ‘:) NEW REPUBLIC
velt received them, listened to them
and installed them immediately in an
office in the Department of Commerce.
There he put them to work on the tech-
nique of a new gold program and
almost overnight the Administration
had a new gold policy.
The times were such as to aorake
broad and sweeping acts permissible,
and this was the nature of his own tem-
" perament. He throve on sweeping new
concepts. It was suggested to Roosevelt
that he set up a Commodity Credit Cor-
poration as a possible mechanism for
handling gold purchase. We set up a %
corporation with sweeping powers un-
der the laws of Delaware. It was never
used for gold purchase—but it served
a dozen other purposes; Roosevelt hearti-
ly applauded as we used it to issue farm
loans on cotton, corn, wheat. Later it
traded extra cotton for rubber and the
American people had 20 million extra —
automobile tires as a result.
The trail-blazer
pr forget the hard times of the
early thirties. Those were the days
when farmers in northern Iowa jerked a
judge off the bench in a foreclosure
case, when a physical revolt of our farm-
ing population was going on not only
against misery and failure, but against
law and order, too. We used the Com-
modity Credit Corporaticn to double
corn prices with four-percent, non-re-
Cee ee Le Bet
course loans. Roosevelt gave us the green os =
Treen maps pene pene ee ge ne
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