Exit

Exit Standing ruggedly ready but idle in the wings of the New Deal show for several weeks has been General Robert Elkington Wood, president of Sears, Roebuck & Co. Last March when business appeasement was in the wind Secretary of Commerce Harry Hopkins invited him to Washington as a special adviser. Since then Harry Hopkins has been ill, and appeasement in U. S. politics like appeasement in European politics, has lost its vigor. Last week, as even hoped-for revision of deterrent corporate taxes disappeared (see p. 17), General Wood left the wings without going on stage and returned to his desk in Chicago.

He left "Dear Harry" a note: "I wish you well in your efforts to promote a broad recovery." Secretary Hopkins replied to "Dear Bob": "I know ... I can call upon you should the occasion arise in the future."

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