Show LOOKING FORWARD Nineteen dairty two tivo may be a n crucial vear ear in the history of the united states for more than two 0 5 cars im have lian e endured andul ed one of the most severe and prolonged general depressions of nil all time in company with the other great nations of the world there rs is no magic magie remedy for curing economic ills how soca our problems will be solved ed largely large v is up to us as india individuals ideals and as members of a bolat nineteen thirty two wo is a presidential car ordinarily such buch an election and the political questions it raises would loom large on the horizon but this is not an ordinary period and local political idies issues so far as they attach themselves to men and parties ha hav e become in the public mind a very small thing when contrasted with economic and social issues people who are vv N ordering ond on dering crin r how to find jobs arc are not interested in burti san platforms nor in political bicke rings the ile greatest danger of a depression is that we ne may lose our heads that a sort of mol hysteria listeria may take the place of reason we may fry ry to overcome economic law with panaceas already many such efforts are fire being proposed the new congress before it has completed its session aull m ill be stamped with suggestions for relieving the unemployed with gig gigantic 0 antie bond issues for helping the farmer ii uth ith goi governmental ern mental sub subsidies sidie and attempts at price fixation for helping the small busi nebi at the expense of the large one for helping the poor and those of moderate means by overtaxing the wealthy while such proposals may be made in good faith most of them are based on misconceptions prosperity will rill return as the result of stimulated employment stimulated buying tu aing 0 stimulated trade commerce and building ve cannot prad produce nee that by frightening the capital we need we cannot do it through governmental govern mentar af meddling which inevitably forces retrenchment and inaction on the businesses it touches and ly by example on oa the entire business structure the potential destructive forces of politics cannot be measured we cannot create prop prosperity erity by heaping additional tax burdens on businesses and individuals already struggling under a tremendous tax bill robbing peter to pa paul is not sound economics all taxes must eventually be paid by the public business must pass all costs onto those who buy its products or services for the nation to go further into debt to appropriate additional millions and billious bil liotis for temporary and unsound relief schemes is the height of folly our basic industries live lime shown a commendable spirit in seeking b to solve sole their problems which in reality are the workers problems and the con consumers umers p oblenis electricity in duraine su sil raine ranLe oil gas gis railto ids form organizations organ all hive h tie shown progressive tendencies th realize the duty that is upon them to prevent so tar far as possible the up and down swing swing of the business chart in the future HIP flit booms that are followed b ba drops the inflation that precedes picc edes deflation tl TI e cv arc are working worling to stabilize employment to find fina a means of assuring the r good worker ins lifs livelihood at 01 times to protect the future of workers when the get belond their point of usefulness useful liess business can do this better than government what the dole has done to england it would do to a greater degree r to the united states for we ive spend money on a more wore lavish scale cile for all chii gs it could cowd plunge us into debt to the point of bankruptcy and crowd business to the edge of ruin with taxes the dole shat self respect and in england it has ila apparently helped to aggravate li bv discouraging industrial expansion there arc are problems of course that no nation by itself can hope to bol belve c problems of international significance these too the public must take an interest in if we me arc are to have liae officials capable of representing us in the work of world rehab disarmament the stabilization of silver siler the encouragement of international trade a sound tariff policy for all nations may seem abstract things but they hai have e a direct and important effect on the prosperity of every ci ery country every ei cry business every wage earner earmer and in investor estor to repeat 1932 will m ill be an outstanding 0 year in our history it will avill be lie a vear ear of great problems leml all of our national character aggressiveness and initiative will be needed to solve them courage and faith must displace gloom and fear if the mists of 1 and e 1931 are to rise in 1932 |