Evening star., 1932-11-10

when he smiled. He seemed calm and
philosophical, but the manner in which
he handled the long cigar he was smok-
ing at the time suggested nervousness
and director of the Federal Reserve:
Prior to Mr. RooSevelts nomination
for President I said: Big business has
absolutely nothing to fear from Gov
Roosevelt as President With Mr.
Roosevelt elected by the overwhelming
vote of the people, and with the GER
tainty of Congress sympathetic to his
aims and ideals. l now reiterate this
statement In my Judgment the forces
making for business recovery will move
steadily ahead at an accelerated pace
under Mr.. RooSevelt'S guidance. His
makeup and outlook on life and affairs
are so definitely founded on fair deal
ing and equal justice to all concerned
that his official policies may be trusted
to be for the sound progressive ad-
vancement of the Nation as whole -
Barton Cites Advantages.
| Bruce Barton, author and publicist:
Il voted for Hoover but I think there
are two real advantages in the election
as it stands.
| The first is that in time of wide
| spread unrest and dissatisfaction 1t is
a great safety valve to let our people
feel that our Government is flexible
and that they can give expression to
their desire for a change.
| THE second is, / feel that our prob
lens are, on final analysis, interna-
tional and 1t is decided advantage
to have a President and Senate of the
same party, SO that the President in
dealing with problems which affect the
trade of the whole world will know that
| the Senate will back him up.
$50 far as our own business IS con-
cerned the decline stopped some weeks
ago. 1t is my judgment that business
will be better in the Spring and very
much better next year"
| M. H. AyleSworth, president, National
| Broadcasting Co.: Now that the cam
paign and the election are over, business,
which has been hesitant, will go forward
with assurance. 1t was the uncertainty
of the last several months which made
| 1t difficult for business men to map out
their plans.
I'VE already have had expressions
from leading Republicans and Demo-
| Gratis indicating clearly that they will
| cooperate in making the transition
| from one party to the other period
| of forward march instead Of business
| stagnation. The corner stone of eco
nomic recovery is the confidence We
| have in ourselves. Without public con-
fidence in our institutions, and in our
! financial structure in particular, a firm
foundation cannot be built for the
| future.
"The events of the last "a hours
assure us that the American people are
going to have a unity and spirit Of
| cooperation for the common good
paralleled only by the national accord
| of war times. Business, in my judgment,
will progressively reflect the widespread
! confidence of the hour that We are on
! the threshold of real recovery"
Upswing Anticipated.
]. C. Penney, chairman Of the board,
j. C. Penney CO. THE election is over
In unmistakable terms the American
| people have declared for Franklin D.
| Roosevelt as their leader during the
next four years 1t is characteristic OF
| the spirit of this Nation that after the
1 excitement of strenuous political cam
paign we can turn Wholeheartedly TO
| the support of the chosen Executive
regardless Of his party afhliation or OF
our preference or party.
"The voters of this country have
voiced their confidence in the Demo-
cratic party and have placed their hope
I Ill LIE lltW ~
! of the tremendous popular majority and
because of the unquestioned control OF
| both houses of Congress, Mr.. Roosevelt
and his party will be able to carry for
ward forcefully their plans and policies.
| The American people have placed
! clear stamp of approval on Mr.. Roose-
velt. I personally feel that he and his
many able and outstanding associates
! in the Democratic party will lead this
great Nation of ours steadily forward.
/ THE very size of the vote will give
/ to our newly chosen President meas
ure of courage responsibility and in
spiration that can mean only good for
this country Without reservation !
anticipate an upsWing in the general
+. feeling of our people and winning re-
! turn to better conditions under the
leadership of Franklin D. Roosevelt"
Albert Davis Lasker. former chair
man, United States Shipping Board:
"As follower OF the principles OF the
Republican party, including a belief IN
! a high tariff. l had hoped and worked
| for the election of President Hoover.
The American people had opportunity
! to measure the concepts OF both partles
fully as expressed by their candidates
and decided in overwhelming and posi-
! tive terms that they desire Demo-
cratic administration.
The greatest menace to the Speediest
! possible recovery of normal times would
be the failure of all Americans to &C
cept heartily the decision as expressed
at the polls regardless of personal
views. There are many fundamentals
on which there has been but little dlf-
( ference of opinion, to wit: The need
for reducing the inflated expenditures
of governments, Federal and local alike,
balancing of governmental budgets and
| the obliteration of prohibition as an
issue which has clouded for all too long
constructive thinking on most other
major matters.
THAT the new Congress cooperating
with the new President can undertake
to settle these matters declsively and
expeditiously gives hope for stability
| that certainly should aid largely IN the
J process Of recovery. Conditions outside
the United States have much to do with
the course of business curves and com.
modify prices in the United States.
The very fact that we have for so many
months been in a presidential cam
paign has limited the policies of other
governments. The decisions arrived at
at the polls in Germany and the United
States in the last several days will nor
mally be followed by decisive develop
ments in worldwide questions and this,
| too augurs well for the hope that added
processes of recovery are in the max
ing"
(Copyright 1892 by the North American