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421
of running itself. They are only beginning. They have
never attempted before these new conditions they are
trying today. Take, for instance, shoes. We have enough
machinery in the country to turn out 900 million pairs of
shoes -- shoe factories that can turn out that many shoes --
and we only use in this country about 300 million pairs
of shoes. Now, 1s the shoe industry, as an industry,
capable with absolute fairness to every individual, of
handling the problem of the excess manufacturing capacity?
And at the same time of not preventing the improvement
of the shoe industry as a manufacturing unit? Now, we
don't know. They have only just begun. At the same
time, Government isn't infallible by any means. Gov-
ernment is only beginning to learn a lot of these new
tricks. We are all going to school.
Q Do you think we will reach such a top?
THE PRESIDENT: It will never be a top, but better than in
the past.
Q Do you think the industrial magnates will give us a square
deal?
THE PRESIDENT: That all depends on the future.
Q About the future of NRA?
Q Was this all off the record?
THE PRESIDENT: Yes.
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"ocrText": "66 - 18\n421\nof running itself. They are only beginning. They have\nnever attempted before these new conditions they are\ntrying today. Take, for instance, shoes. We have enough\nmachinery in the country to turn out 900 million pairs of\nshoes -- shoe factories that can turn out that many shoes --\nand we only use in this country about 300 million pairs\nof shoes. Now, 1s the shoe industry, as an industry,\ncapable with absolute fairness to every individual, of\nhandling the problem of the excess manufacturing capacity?\nAnd at the same time of not preventing the improvement\nof the shoe industry as a manufacturing unit? Now, we\ndon't know. They have only just begun. At the same\ntime, Government isn't infallible by any means. Gov-\nernment is only beginning to learn a lot of these new\ntricks. We are all going to school.\nQ Do you think we will reach such a top?\nTHE PRESIDENT: It will never be a top, but better than in\nthe past.\nQ Do you think the industrial magnates will give us a square\ndeal?\nTHE PRESIDENT: That all depends on the future.\nQ About the future of NRA?\nQ Was this all off the record?\nTHE PRESIDENT: Yes."
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