Hutchinson dictates a speech to be given to the National Industrial Council, New York, on Tuesday December 4th. He calls himself a revolutionary and calls for a revolution as an extension of the past 2000 years, especially built upon the actions of the Founding Fathers. He opposes both the New Deal and communism. Among his criticism of New Dealers, both Democratic and Republican, is his opposition to price controls, singling out rent control.

The dictation is incomplete. The text of the speech is found in box 26 along with the original disc.