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Show ON ENTERING THE NEW YEi:. Every Aaieru.uu shjid be an.'u-tious an.'u-tious to mako '.OS? a prosperous progressive yrjr. Never huv. ovr re -'.-'.). ?es, from thft standpoint of capital., .-run or machines, ma-chines, been so ,',reat. iveer have we possessed such un abundance of potentialities po-tentialities for future ai hievemcnts. The nation is beginning to emerge from the depression wave which engulfed en-gulfed us more than a year ago. There is nothing fundamentally wrong with America, and our ills are of the most transitory sort. One of the most hopeful signs for future national stability and progress is the vast amount of effort now being given giv-en by leaders in all fields of endeavor to find workable solutions of our so-sial so-sial and economic problems. Instead of being either overly optomistic or stupidly pessimistic they are approaching ap-proaching them scientifically. It is trite to say that future prosperity pros-perity will be largely the result of j industrial development. The electric industry, railroad, automobile, telephone, tele-phone, mining, oil progress in any one of them is connected with progress prog-ress for all other business. Industry's great future problems will be mainly those arising from governmental policies toward business. busin-ess. There is a strong, politically-backed, politically-backed, trend toward socialism in this country. Men in high official positions po-sitions are seeking some sincerely, some for the sake of the political capital it makes for them to put the government into various lines of business and pass unnecessary restrictive re-strictive laws. The 1930 depression unquestionably largely the result of political agitation to discredit industrial indus-trial leadership. ' 1 Socialism in the United States will succeed only if the American public fails to recognize that it is a violar tion of the spirit of our constitution and a denial of those social and economic eco-nomic rights and liberties laid down by the founders of the nation. In the same catagory must be included in-cluded efforts to control the habits and personal affairs of our citizens through sumptuary legislation. There is no greater menace facing our! people than the growth in scope and increase in power of an organized bureaucracy. Its ultimate result will be to establish a dictatorship of office-holders, which can be prevented only by unceasing vigilance on the part of voters. . . If the sole achievement of 1931 is a start toward a return to fundamentals fundamen-tals in the relation between government govern-ment and industry, and government and the individual, it will be remembered remem-bered as one of the greatest years in our history. From the purely material standpoint, stand-point, there is no reason why the new year should not be the beginning of a new and greater epoch. The machine age has become firmly established. Industrial and agricultural mechanization mechani-zation is now an accepted fact. Domestic Do-mestic life, aided by labor saving devices de-vices and modern conveniences has reached new standards of comfort Commodities and services that were once only possessed by the wealthy are now in reach of all., The American workman, commanding record horsepower, horse-power, leads the world in wages and production. All that preceding generations discovered, dis-covered, evolved and perfected is ours to use. No other nation ever had so firm a foundation on which to build. But we must not lose sight of the fact that the modern world is a cocp- erative world in which no nation can stand alone and remote from the rest. A broad and tolerant international spirit is supplanting the insular nationalism na-tionalism of an earlier day. Friendly diplomatic and commercial relations between nations are the surest guarantees guar-antees of world peace and progress. The volume of our foreign trade "may, in coming years, mean the differeence between prosperity and depression in the United States. Local prosperity depends on buying and selling- between be-tween individuals and industries world prosperity depends on buying and selling between nations. Political bickerings, sectional' jealousies, jeal-ousies, local prjidices, industrial depressions de-pressions all must be conquered and: forgotten in the work of accomplish-, ing the greatest possible good for the greatest possible number of people, j i |