By Mark Nelson
We capitalists have got to decide how much we are going to pay for capitalism.[1]
Marriner S. Eccles: New York Times, May 1935
This is the crowd that wants power rather than recovery- the crowd that for 12 years was in power, that tried the very policies which ended in the greatest smash in our economic history; the crowd that willed this administration a debt of 20 billions and a demoralized, prostrate country; yet they have the sublime audacity to propose that we go back to the very policies which wrecked the country. They have been proved false profits on their own record.[2]
Marriner S. Eccles: memo to FDR, December 1935