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Show GOVERNMENT AND BUSINESS. One of the inevitable results of hard times is renewed demands for further extension of the activities of the federal government. Unemployment insurance, government govern-ment subsidy of this business or government gov-ernment ownership of that, gigantic "relief" bond issues hardly a day passes without a new, suggested panacea. ' The federal government might do more to bring back prosperity, so far as that is within the power of any one nation, by restricting its activities. activi-ties. There is only one cure for unemployment unem-ployment industrial development that will put men to work. There is only one cure for depression a new influx of active capital into business. High taxes and governmental interference inter-ference are a barrier in the way of both these cures. No individual would, for example, build a new home if he believed it would soon be taxed beyond bey-ond his ability to pay. And no group of investors would build a new factory fac-tory if there was danger of taxation growing so great as to make profit? impossible. Government should do everything it can to encourage industry, investments, invest-ments, employment. But it certainly should go slow in spending hundreds of millions of dollars of the taxpayers' taxpay-ers' money for transient and dubious "relief" schemes. |