Keynes to FDR: You have made yourself the Trustee for those in every country who seek to mend the evils of our condition by reasoned experiment within the framework of the existing social system. If you fail, rational change will be gravely prejudiced throughout the world, leaving orthodoxy and revolution to fight it out. But if you succeed, new and bolder methods will be tried everywhere, and we may date the first chapter of a new economic era from your accession to office. This is a sufficient reason why I should venture to lay my reflections before you, though under the disadvantages of distance and partial knowledge.
An act: To encourage national industrial recovery, to foster fair competition, and to provide for the construction of certain useful public works, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
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Social studies teachers should use summer ’08 bank runs as an opportunity to teach about the Great Depression.