Show NEWS BEHIN TH E Z by PAUL MALLON V released by western newspaper union WE WILL nave HAVE depression DEP nESSION ONLY IF WE ARE AHE FOOLISH 1 washington treasury sury tary snyder announced it was bad psychology to talk about a depression but it is less so now than before the election he joined the civilian production administrator in bemoaning that we are talking ourselves into a depression yet it would be foolish to think ourselves in clover when the grass Is getting thinner and the problem is to find more clover nail national I 1 business always gets down to the example ot of a typical individual business in a butcher shop the other day a well dressed woman picked out a piece of meat and after some consideration decided to take it until she found the price was she simply said without any aay protest or grievance that Is more than I 1 can pay immediately med lately a poorly dressed person who obviously did not have as much as the woman stepped forward arid said 1 I will take that hat piece ot of meat and he be did this shows exactly what is wrong behind the present business situation when you lay all politics aside people are beginning to buy more wisely and discriminatingly than they did they must conditions force them to it the great average of middle class incomes in this country has not risen like prices these homes which comprise the bulk ot of the economic life of the nation already have recognized they cannot meet the pinch of inflationary prices by buying everything for any price but the situation has been covered up in national statistics by the unwise yet really poorer person who will step forward and pay any price tor for anything although he is the one whose money will run out first and then he will call for relief socialism revolution or what not PRICES TOO HIGH production is the life blood of the nation but at prices at which the production can be consumed the economic theory upon which the nation has been going is that if it can only get production prices will readjust themselves that is a sound theory but we have not been getting that kind of production in hardly any line have we managed to get enough production to influence prices downward yet as we see a great many people cannot or will not buy at current prices and quality the nation has gotten into a production price stalemate strikes have proved the greatest impediment to the working of our sound basic economic theory destructive tive strikes have taken place lately hitler bitter foolish strikes la in which the strikers can never hope to make back the money they have lost by their strikes and the nation will have a hard time building back that lost portion of 0 its lifeblood to prevent itself from becoming increasingly anemic economically in I 1 knoxville for instance the journal figured out that the be fulton strike with which I 1 am not acquainted resulted in an economic settlement vilie whereby reby the worker will be 9 years and 32 weeks making up the loss he incurred when he was out of work for days the amount of money lost in the washington hotel strike will never be made up I 1 have asked tor for figures and cannot get them but they will show that the worker really struck against himself not only will he be a long time getting back what he lost in pay but also his fellow workers will never get their lost money back and when you calculate the amount of money lost to business by guests ol of the hotels business from a contract which was not signed or business not done you will see what these strikes are doing in a hopeful recovery period without even considering the amount of money lost by the management which would be comparatively infinitesimal infinitesimal Anite NOT ENOUGH NEW CARS ot or consider motors we simply are not getting anywhere near the planned number of new cars because ca use strikes in factories producing minor parts far down the production line are holding back the whole line the impact loss of these strikes does not tall fall most heavily upon the management but upon other workers in the automobile industry who cannot afford to lose the wages and the public which cannot spend its money tor for a new car while it still has the money this is our condition it is only politically unwise tor for the party in power to have it talked around before an election for our economic salvation it is of the utmost necessity that it be talked about and solutions be found true enough this nation has every basic factor present for a successful high economy for years to come a natural ability to produce fully a plentiful availability of land upon which to grow and factories in which to produce an adequate su supply ap pp ly of 0 labor and machines a market yearning for every type of product |