23 AUGUST 1935, Page 6

* * * * I value transatlantic contacts. The following

reaches me from New Hampshire, but its author is said to be,a New York stockbroker :- " I wonder if you appreciate the tremendous responsibility you and I are carrying I Note these New Deal Statistics :

Population of United States .. 124,000,000 Eligible under Townsend Pension Scheme .. .. 50,000,000

74,000,000 Prohibited from working under Child Labour Act, or already working for the Government .. 60,000,000

14,000,000 Unemployed • • . • • • . • 13,999,998 Balance (You and I) left to produce the Nation's goods 2 (And I'm all tired out)."