The Washington times., 1931-10-01
Improvement In Business Is
Up to All Citizens

That has marked of business in this
country well in most other parts Of the world for year
or two, everyone admits.
That it can be ended so far as the United is
cerned definitely and quickly only the and of
America take firm action is the conclusion of careful
thinkers.
of mind than by any lack Of crops manufactures
wealth, demand for the neCessares Of lfe
Crops have been good that steps being urged to
diminish them year. Factories stand ready with both
equipment and workers. to turn out all the products required
by civilized The banks loaded with cash. much of
which seeking opportunity to be used at small
profit The population steadily increases carrying with il
larger needs for food clothing housing and the comforts Of
modern existence.
Why then, does business halt?
Just the other day two representative Americans gave he
views as to the seat Of the trouble.
prominent merchant declared the chief trouble just
when gradual Improvement is being noticed attitude
Of bankers and those who lend money When they get over
their fears their damaging desire to have safes filled with
ready cash, business will revive"
On the other hand able banker laid the blame fright
ened citizens who nure themselves and the country by with
drawing money and hiding it. It is not the bankers safes
that are filled with deposit boxes old mat
tresses, and other hiding places"
While these two views seemingly dramatically opposed
to each other yet they actually pointing out the real
reason for the business slump.
That reason is FEAR-and banker and merchant
sense the great truth.
The banker fears to lend money
his stock of goods the manufacturer fears to keep his
production well ahead of the market and the average citizen
fears spend his lest he suddenly find himself without
job
It's vicious circle Banker merchant and manufacturer
fear the buying of the multtudes will not continue
The fear that the employers will suddenly them
with nothing fall back unless they hoard their pres
ent income
Now clear be that with all the natural
Of this nation unmpard they admittedly there is abso
uely real for the public stop buying the fac
tory quit manufacturing the bank refuse to lend money
for legitimate enterprises.
nowhere for the merchant that the banker
will not do his and for the latter to lay the
on the door of the merchant You another is child
sh answer and reveals nothing but childish attitude
Instead of ndugng the old game Of 1.-THE pot calling the
kettle black let quit wasting energies in repinng
accusing Let remember that the talents that
used that multiply while those unused lose their value and
eventually vanish.
this reason in order to put the inherent wealth of
the nation that the Hearst newspapers advocating
100000 bond issue for Government construction This
estimated would take up the slack in the labor
market inspire confidence business factories stimu
enterprise and bring prosperity back to practically every
door.
This considered by thousands of prominent to be the
most constructive proposal yet offered In the meantime is
every and in America to engage in individual
effort for betterment
every city State of this Union today powers lying
idle which, used would clear up business depression in
fortnight
Let's sffen up mental backbones-the of the
trouble is all mental anyway.
Let revive faith in neighbor in city, in
country. All are well worthy of our confidence.
Above ALL let BANISH FEAR, the great enemy of the
human race-AND GO FORWARD!