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

…to impose this burden at this time, when industry is just struggling to get on its feet, is going to still further retard the very recovery which is necessary to create these reserves. That is the basis of our opposition to these provisions.

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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