…2. We propose to limit the amount any one
man can earn in one year or inherit to $1 million
to the person.
- Now, by limiting the size of the fortunes and
incomes of the big men, we will throw into the
government Treasury the money and property
from which we will care for the millions of people
who have nothing; and with this money we will
provide a home and the comforts of home, with
such common conveniences as radio and
automobile, for every family in America, free of
debt….
— Senator Huey Long, 1935
President Franklin D. Roosevelt responded to
the circumstances described in this passage by
(1) renewing New Deal programs to help big
business
(2) raising taxes to assure a balanced federal
budget
(3) stressing free market economic principles
(4) increasing New Deal efforts for relief and
reform
