Word: aaa
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Dates: during 1940-1949
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...when he went to Manhattan in 1930 to join the slick big-time firm Chadbourne, Stanchfield & Levy. And he was still more so when he volunteered his services to the New Deal "for the duration" (his words to Felix Frankfurter) in early 1933. By that fall, as counsel to AAA, he had led the revolt of consumer-minded, non-agrarian New Dealers that ousted George Peek. Less than two years later he was himself ousted in a similar revolt against the more durable Chester Davis. Rex Tugwell, his friend and sponsor, quickly got him placed in RFC. Thence he moved...
Next day Candidate Thomas Dewey claimed he had turned up a whopping error in the President's figures. Quoting New Deal scripture (an AAA study), he showed that, while State, county and local debts had fallen only $130 millions, Federal debt had increased some $21 billions. And even if the President had included the big drop in private indebtedness, said Mr. Dewey, he would still be making an error of $9 billions...
...President's retort : As for those $9 billions, the AAA report had been mis taken, had made certain duplications...