Salt Lake Telegram | 1933-09-06 | Page 4 | Confidence is Needed

l CONFIDENCE IS NEEDED I IF TP F THE N R A program program does no more than i create public confidence in a business revival re- re vival it will do a great dc J to make such a revival an actual fact Gen lI Hugh gh S. S Johnson T reminds us of this fact by implication in stating that one of the big needs of the day is a fU further er loosening of commercial credit facilities There is still a l timidity from the 4 depression p e period pe pc- nod and anti it has operated to o peep keep cr credit m more r constricted than should be the caseI case I 1 i do not DOt believe you can get extension 0 of credit by fiat he be remarks You have to establish establish es es- es this basis of faith and confidence first I I and rind that is what we are trying as hard as we know knowS how to do I If the N R B A A. program can reestablish this confidence it will have helped us a long way j back toward full recovery