Word: sinclairism
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...other California products. Except for the support of individual Utopians it has no connection with the Utopian Society, a mystic mixture of Technocracy, Communism and Ku Klux Klannishness which sprouted in Los Angeles and is now burgeoning throughout the West. It does not even have the sympathy of Upton Sinclair, whose EPIC plan would pension all oldsters at a mere $50 per month. Candidate Sinclair has said of it: "It would only take money away from able-bodied young people and give it to a group of old persons. It would impose an exorbitant sales tax which the masses would...
...Either our genial President stretched the truth in order to be jovial with his new-found comrade, or Sinclair wished to keep the minds of the reporters off embarrassing ground...
...sharp drop in California oil, utility, packing, and merchandising stocks as well as bonds during the past week, reflects the reaction of security holders to Sinclair's campaign. His chances of election at present seem about even. The situation from a market standpoint is intriguing as market weakness in one group of stocks often precipitates a general selling movement...
...very unlikely that Mr. Sinclair's election could automatically bring about all the starting points in his EPIC program, for be will face a legislature which is not only conservative, but which is secuntoured to dancing to the super-conservative time of the late Jim Rolph. But in the present state of business psychology, rumor is as powerful as accomplished fact in raising the already high blood pressure of the financial world. If conservative experts predict that the credit of the United States will be rendered hazardous by the comparatively mild radicalism of Rooseveltianism, it is certain that the startling...
...Sinclair professes readiness to cooperate with the President to the fullest extent, at least to the fullest extent of an ex-Socialist's powers. If he were really in deep sympathy with the New Deal, it seems that his inclination should be to assist the President to reassure a nervous business and financial world, rather than to place it, so far as California is concerned, in a condition of plain hysterics...