Draft of a memorandum to Secretary Henry A. Wallace from his
Economic Advisor, Mordecai Ezekiel, May 9, 1933. Ezekiel presents an estimate of employed
and unemployed people in the industrial sector of the economy, including manufacturing,
mining, transportation, trade and distribution, and services. He concludes that because of the
number of unemployed (roughly 12 million out of 40 million previously working in the sector),
"unemployment relief, to be really effective, must start with a large scale and vigorous program
of construction and other public works."
page 1 | page 2
page 2
Series I.1, Documentary Files, 1914-1939, Box 1.1/15, file "IX B1a, Secretary Wallace,
Henry A., correspondence. 1932-May 1933." USDA
History Collection, Special Collections, National Agricultural Library.
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Special Collections Telephone: 301-504-5876 e-mail: speccoll@nal.usda.gov http://www.nal.usda.gov/speccoll/collect/history/ezmem1-2.htm 7 May 1999 |
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