"The big interests realize Roosevelt's plan would not cost them anything, which is the same as saying it will be no relief to the poor. Here is the proof of that admission from the financial page of the New York Times of January 18, 1935: The action of the stock markets yesterday indicated that Wall Street was not alarmed by the President's message to Congress on social security legislation. The financial community had been hopeful that the plan would not be so ambitious as to retard recovery. By its freedom from liquidation, when the message appeared on the news tickers, the market indicated that Wall Street did not feel that the plan would increase taxation unduly, since it would be largely self-sustaining. What Wall Street is saying by this dispatch is that the big men of Wall Street were a little bit apprehensive for fear Roosevelt would provide some relief or social legislation that would cost them something, but they are glad to see whatever he does will be self-sustaining. That is, the poor people who get relief will pay for it. In other words, the poor people will be allowed to help the poor people, a poor wage earner will be allowed to help his aged father or mother and take away a little more from his wife and children. "Ain't" that grand? Yet Wall Street says they are much pleased with it because it means they will not be touched for the necessary money to cure the ills of our people."