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Show HAS OUR PROSPERITY WAVE BEGUN It seems to us that the work which has been done at Washington Wash-ington so far, and the other remedial legislation that is apparently apparent-ly certain of passage, has already done a great deal toward relieving reliev-ing fear in the business and financial world. There is at least a feeling of hopefulness, which was almost lacking a few months ago. It is hard to blame people for being apprehensive when there seems to be no encouragement ahead. It is hard for a man to keep up his couragq in the dark. It took a long time for most people to realize that we had all been dazzled by the false prosperity of a few years ago. Money was easy, jobs were plenty, wages were high and, as it turns out now, even the men whom we regarded as wise and intelligent leaders in business and finance were fooled., fool-ed., like the rest of us, into believing that these conditions could go on indefinitely. Most of us spent money recklessly, and a lot of us were greatly surprised when we discovered that the old natural na-tural laws were still in force. It turns out that the old fable of the ant and the grasshopper still provides the safest guide for human beings. From all we hear and observe, we think that people generally have got over the notion that there is any easy road to sudden wealth. Folks we know are much more reconciled to working hard and living within their means than they were three years ago. We know a good many who were never fooled and they are the ones who are sitting pretty today. And, as we said in the beginning, all the signs that we can read point in the direction of better times ahead. It looks to us as if along around 1936, we may be looking back on 1932 as the year when the biggest of all our national prosperity waves began. For one thing is certainly true, and that is that the United States has never failed to come back from "periods or depression stronger and more prosperous than ever before. The Park Record. |