Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-10
BETTER TIMES SEEN
BY S|LAS STRAWN
Tells Radio Audience More
Faith and Fewer NostrumS'
Is Need of Day.
BY the Associated Press.

BY the Associated Press.
Encouraging signs, in the expressed
opinion of Silas Strawn, president OF
the United States Chamber Of Com
merce, are appearing on the business
horizon.
He expressed this belief last night in
a radio address in which he said more
faith and fewer nostrums' was the need
of the day.
LET us quit talking about our troubles
and regard the present as an oppor-
tunity to demonstrate our capacity 1or
accomplishment" he told his radio
listeners. The whole world looks TO
America for leadership. Let us justify
their expectations. :.
Il cannot predict when we snail
evolve out of our present economic con-
dition. but when we look backward and
see that in the past we have always
come out of depressions and gone on TO
greater prosperity, am confident that
we shall repeat our past experience.
When that recovery will come. no one
will have the hardihood, definitely, 10
forecast. Certain it is that it can only
be brought about by cooperating indl-
vidual effort and not by Government
action.
Urges Courage and Optimism
Meanwhile. let us be courageous and
optimistic. Let us have an abiding con-
fidence in the fundamental soundness
of American institutions. in the endur-
ing principles of our Government Let
lis have faith in our financial 1nstltu-
lions and in the securities of our in
dustries and utilities and let us De
patient and frugal"
On the matter of wages. the former
president of the American Bar Associa-
ton expressed belief that the situation
would receive cooperation from capital
and labor
BY reason of the lack of continuous
employment" he said. the difficulties
of our Wage-earnerS would be increased
if obliged to take a reduction in wages.
On the other hand. the wage-earners
must come to a realization that some
manufacturers cannot resume produc-
ton at a cost too high for the consumer
TO pay.
Certainly no sensible American citi-
zen would contemplate for moment
precipitating this country into the dole
and unemployment insurance systems
now obtaining in Great Britain and
Germany. and which have necessitated
the appeal by those countries for out
upon their treasures. The work.
ers of this country don't want doles-
they want jobs
Il Major Depressions.
Reviewing briefly the economic con-
ditionS during the last 100 years, the
speaker asserted that there had been
no less than II major depressions dur
ing that period. and added:
In 1887 conditions in business and
finance were infinitely worse than they
are now, but we came out of that de-
preston. as we'll as those of 1857, 1873,
1893, 1907, 1914, 1920 and 1921, and
went ON to enjoy greater prosperity and
a higher standard of living than ever
before"
Approval Of President Hoover's I'M
employment relief organization was
that business men are better able than
politicians to deal with conditions.
I'VE must come to a realization of
the patent fact that we cannot expect
to climb back Immediately to the era
of unprecedented prosperity which
ended with the stock market debacle in
the Fall of 1929, but we can, by the
exercise of courage and determination,
begin now to work our way back to the
level of prosperity which obtained, say
in 1925"
He predicted that the chambers
Continuity of Business Committee in
its forthcoming report would point
out the peril of the dole" and Endorsed
President Hoover's selection of gen.
eral committee to encourage local COM
mittees to take care of their own
unemployed.