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Roosevelt's Spending Stance Shapes 1940 Fight
The Graettinger Times reports President Roosevelt's retail policy speech signals continued government spending as a normal function, with internal White House clashes between spenders and retrenchment groups. Analysts see a looming 1940 Democratic convention split between New Deal supporters and anti New Deal factions, amid rising congressional opposition. World defense costs dwarf peacetime budgets, highlighting strains on global economies and democratic allies.
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Alsop and Kintner
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Morgenthau
Hanes
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Morrow
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