ABSTRACT
When asked some years later if he was the father of the term New Deal, as used by FDR in his speech accepting the Democratic nomination later that year, Chase responded. Chase wrote, he had not "the faintest desire to claim paternity," although he was "in favor of much of the legislation which passes under that label." In a June article for Harpers, Chase called for the creation of a "Peace Industries Board" modeled after the War Industries Board of World War I, as the first step in planning the economy. In a July 1932 article for Harper's the ubiquitous Chase returned to the topic of inflation that he had examined in A New Deal, reviewing again the advantages and disadvantages and the advantaged and disadvantaged. In the midst of the banking crash, Roosevelt delivered an inaugural speech that echoed many of the points argued in Chase's A New Deal.
