Quote – P. H. Gadsden, President Chamber of Commerce, Philadelphia, Hearings Testimony, House Committee on Ways and Means.

We have just come from another hearing, of the Wagner Labor Board. Now, if you keep piling these things upon industry, where are the reserves going to come from to protect these things? You are going to stop the very recovery necessary to produce this reserve.

P. H. Gadsden, President Chamber of Commerce, Philadelphia, pgs 248-251, esp. 249, “Unemployment Insurance,” Hearings before the House Committee on Ways and Means, Mar. 21-24, 26-30, 1934.

Wednesday, March 21, 1934
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