Salt Lake Telegram | 1932-07-12 | Page 4 | Afraid of What?

I AFRAID OF WHAT JUST about the best comment that could be made on the depression seems to have come from a New York banker This man as quoted in press association dispatches the theother theother other day remarked s j New Yorkers are all afraid of something I that is going to happen They dont don't know what it is but they're afraid just the same r. r The plain truth is that it already has happened happened hap hap- and that we are still alive and may may- Po ing i I doubt If any crisis that could possibly possibly possibly pos- pos sibly arise would be worse than what we have haver r survived There has been of course an enormous amount of fake optimism broadcast since the depression began If it had been possible for us to talk ourselves back to economic health we would be robust by this time But at the same same time there has been an amazing i undercurrent of fear and this like the verbal 4 1 optimism has been sadly overdone For more than a year people have been I expressing this fe fear r privately Youve You've heard them them everyone everyone has Dark prophecies of doom have enlivened enliven d every bridge party and andr f r every luncheon table The result has been V the acquisition by the country of a prof pronounced pro- pro I f case of the jitters Timidity and jittery nerves do not provide 1 t the best possible background for Zor a business revival While we are wailing walling and looking for new and blacker storm clouds to arise the the- stage is slowly being set for a return to toI prosperity If we stop looking behind each I I bush for a bogeyman we can recognize our opportunity when It arrives If we dont don't we shall simply prolong the agony