THE OLD DEAL AND THE NEW by

THE OLD DEAL AND THE NEW

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KIRKUS REVIEW

This is more than a campaign document, although the authors have presented their facts in such a way that both parties will find much to comfort them -- and ammunition to use, pro and con. A skillfully objective analysis of 11 years, from 1929 to 1940, with conclusions that ""there's so much good in the worst of us and so much bad in the best of us, that it hardly becomes any of us to talk about the rest of us"". Economic and mechanical analysis of the shift from old deal to new, of the inheritance in 1933, as a result of the ten years preceding. The disastrous international results of the gold and silver policies; the good results of the control of stock market and investments; the financial finagling -- good and bad; the various efforts at recovery, each with something to recommend it in permanent values; the courage of the agricultural program -- and its weak features; the contradictory foreign policies over an eight year span. An interesting book, which advances little that we do not know, but clarifies and challenges things that have grown hazy during the years. Beard does not use his material as a basis for his own generally recognized isolationist stand. It is a reportorial and analytical job rather than a new creed or philosophy.

Publisher: Macmillan