Show LOOKING FORWARD ARD Nineteen l i thirty two may be a n crucial year in the history of the United States For more than two years we have hac l endured one of the most see tia e and prolonged depressions o of nIl all time time time-in in company with ith the great treat r nations of the world remedy for magic There a is no curing r economic ills ills how how soon our problems will be solved largely is is up lip to us as indi indi- individuals individuals and members of a ti as ast complicated ted society t two thirty i two 0 is is a Ordinarily Presidential year real and the ily such an election m po political questions it raises the hori hori- on V Lon loom this large is not alland an all o ordinary ordin- ordin in- in But zon political and local 1 ai ary Y period they attach far as issues So and parties aloes to men p themselves tl the public in le b bete ome me have have small thing when mend a very economic a and contrasted sled d with social issues Pf People P y who are to find Jobs are r how wald ling not interested in ill partisan plat bickering bicker- bicker forms nor not in in political il ilin ing in n greatest danger of a The rhe depression is is that we may lose lose Os our that heads heads that a sort of mob take the place of ol S Valeria steria ste ste. t la may reason renson We may try to to overcome overcome over over- come economic law with pan pan- Already many such efforts efforts ef efforts ef- ef forts are being propose proposed the proposed the l-the the n new v Congress before before it t has completed its session will be swamped with suggestions forthe for the unemployed with gigantic bond iss issues es for far helping r the farmer with governmental governmental governmental gov gov- subsidies and attempts attempts attempts at at- tempts at price fixation for helping th the small business ess at atthe atthe t the expense of the large one for helping the poor and those of moderate means by ov overtaxing overtaxing over over- r. r r taxing the wealthy While such proposals may be made in good faith most of them are based on Prosperity will return as the result of stimulated employ employ- employment employment ment stimulated b buying buying- ying simulated simulated simulated sim sim- trade commerce and building bunding We Ve cannot produce that by frightening the capital we need We Ve cannot do it through governmental meddling meddling meddling ing which inevitably forces re retrenchment retrenchment retrenchment and inaction on the businesses it touches touches and and by example on the entire business business business bus bus- iness structure The potential destructive forces of politics cannot be measured We Ve cannot create create- cre create t prosperity by heaping additional tax bur bur- burdens dens on business and individuals individuals already struggling under unde undera r I a tremendous ta tax bilL billj Robbing Robbing Robbing Rob Rob- bing Peter to pay Paul is not sound economics All taxes tales mus must eventually be paid by bythe bythe bythe the public public business businesS must pass pas s all costs onto those who buy its products or services For Forthe Forthe Forthe the nation to go further into debt to appropriate additional millions and mid billions for temporary temporary tem tem- and unsound relief schemes is is the height of folly Oui industries tries have i shown a commendable spirit t in seeking to solve their problems problems problems lems which in reality ar are the workers' workers problems and the consumers consumers con con- sumers Electricity insurance oil gas railroads form organizations organ organ- alI ail all have shown pro pro pro- tend indies They r realize realize re re- re alize the duty that is upon them to prevent so far as pos pos- fible the up-and-down up swing of ef the business chart in th the future the future the booms that are followed by drops the inflation that precedes deflation The They Y are working o o stabilize i employment employment em em- to find a means of assuring th the good worker his livelihood at all tim times to pro protect the future futuro of workers when they get beyond their point of usefulness Business can do this better than govern ment What That the dole has done to England it would do to a greater degree to the United Stated for we ve spend money on ona ona ona a more lavish scale for all things It could plunge us into into in in- to debt to the point of of bankruptcy bankruptcy bankruptcy bank bank- and crowd business to the edge of ruin l with taxes The dole shatters self respect and and in England it has a apparently ap ap- p. p helped to aggravate unemployment nt by discouraging ing industrial expansion There are problems that no nation by itself can hope to solve problems of n. n al nl sig significance i These too the I Ithe i the public must take an interest inter inter- I est cast in an if we are to have of officials officials offic- offic fie fie- i I capable of representing us us 1 I in the work of world tation cation Disarmament the sta- sta sta 1 sta-I sta of silver the en- en Jour b of international rade racie a sound tariff policy for 1 h nations these Nations hese may seem abstract things but they have i direct and important effect n the prosperity of every coun coup ry every business every v ry i vage earner and investor investor- To repeat 1932 will be an year in our his- his n rY It will vill be a year of great All of our national aggressiveness and will be needed to solve hem klem Courage and faith must mu t Displace gloom and fear if the i of 1930 and 1931 are to toise toise ise in in 1932 |