Show RESERVE RES BOARD AR B HEAD Nation Needs Optimism Harding Tells Commission WASHINGTON Aug 5 B. B Credit lt policies pol- pol of ot the federal reserve system continued continued con con- under examination of ot a n. congressional congressional con con- gressional commission today toda in a continuously continuously continuously con con- stormy atmosphere with Governor Harding o of the reserve board as witness Tho The t federal deral reserve board did not create creato this financial depression Governor Governor Governor Gov Gov- Harding exclaimed It saw Sow It coming and got ready rendy to Protect things and people ought ous-ht to bo be grateful It did Now all wo we need Js is cessation of ot pessimism which m marks bad t times as foolish optimism marks good times Wo We all know how c everybody was going goIng goIng go- go Ing crazy during the tho fall of ot 1919 This situation Is going to work out Theres There's no comparison between tho the condition a R. year ago os-o and conditions to to- to day Take cotton with a low yield and exports picking up Banks Danks are are fully Justified now In carrying loans All AU weve we've got to do Is 18 to got out of everlasting pessimism and quit saying saying say say- In ing everything Is going to tho the dogs Why a 8 man has to put up a n. good cheerful face taco if it ho bo wants ants credit You cant can't talk t to the banker like lIko you do ado doto doto to tho the tax assessor |