Stuart Chase Papers. Theodore Dreiser and Stuart Chase Correspondence on the Subject of Consumer Purchasing Power and Corporate Profits.

Typed letters between Theodore Dreiser (original letter dated January 29, 1932) and Stuart Chase (carbon of February 12, 1932 letter) provoked by Chase's critical review of Dreiser's book Tragic America. Using data from the late 1920s, Chase deferentially debates the accuracy of Dreiser's statistics on unemployment and the number of millionaires "plaguing" society, and takes issue with Dreiser's claim that "the [fluctuation of the business] cycle is deliberately fostered by bankers and great corporations, who welcome depressions because they find opportunity to cut wages and thus increase bank reserves and stock holders' profits."

Selections reproduced as facsimile page images: 4 pages.


Selected Document List | Page Images

January 29, 1932Letter from Theodore Dreiser to Stuart Chase
February 12, 1932Letter from Stuart Chase to Theordore Dreiser