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they've got ability to revive. You put more people to work. They'll spend some money and that keeps things moving.” He was a great believer for public works. He was one of the pressures for them in the months when the whole issue was uncertain, because what he saw primarily was the movement of goods.

He'd been accused of having too much of an interest in cotton, and he may have, but cotton was very important. One of the great panic spots of our whole economy was the terrible state of cotton selling for four cents in the world market - a dreadful situation. Ten cents had been a sort of standard idea in the past of what cotton should cost. Not only did Jones explain that, but Wallace explained it, Garner explained it, Roper explained it. The people who knew the economics of cotton and the place that cotton played in the total economy of the United States explained cotton over and over again. I know that it had some awfully funny ramifications.

However, Jesse Jones, dealing with public works, was not as much interested in cotton as he was in the demand that the public works would make on the goods and supplies industry and upon the transportation industry. So he supported us on that very well, and in a calm kind of a way that gave assurance to people.