The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-04
Continued From Page One

en- by no plague Of locusts. Com
pared with the perils which our
forefathers conquered because they
believed and were not afraid, we
still have much to be thankful for
Nature still offers her bounty and
human efforts have multiplied it.
Plenty is at our doorstep, but a
generous use of it Ianguishes in the
very sight of the supply. Primarily,
this is because the rulers of the eX-
change of mankind's goods have
failed through their own stubborn
ness and their own incompetence,
have admitted their failure and abb
Dictated.
Money Changers Indicted
"Practices of the INSCRIPTIONS
money changers stand indicted in
the court of public opinion, reject
ed by the hearts and minds Of men.
True. they have tried, but their
efforts have been cast in the pat
tern of an outWorn tradition. Faced
by failure of credit they have pro-
posed only the lending of more
money. Stripped of the lure of
profit by which to induce our peo-
pie to follow their false leadership,
they have resorted to exhortations,
pleading tearfully for restored con-
f1dence. They know only the rules
of a generation of self-seekers.
"They have no vision, and where
there is no vision, the people perish.
THE money changers have fled
from their high seats in the temple
of our civilization. He now may
restore that temple to the ancient
truths. The measure Of the re-
storation lies in the extent to which
we apply social values more noble
than mere monetary profit
Happiness lies not in the mere
possession of money; it lies in the
joy of achievement, in the thrill Of
creative effort. The JOY and moral
stimulation of work no longer must
be forgotten in the chase of evane-
scent profits.
These Clark days will be worth
all they cost us if they teach us
that our true destiny is not to be
miniStered unto, but to minister to
ourselves and to our fellowmen.
Wealth Not Success Standard
Recognition of the falSity of ma
terial wealth as the standard of
success goes hand in hand with
abandonment of the false belief that
public office and high political posi-
ton are to be valued only by the
standards of pride of place and per-
SOnal profit; and there must be an
end to a conduct in banking and in
business which too often has given
to sacred trust the likeness of
callous and selfish wrongdoing.
Small wonder that confidence
lanquishes, for it thrives on hon
esty, on honor, on the sacredness
of obligations, on faithful protec-
ton, on unselfiSh performance:
without them, it can not live.
Restoration calls, however, not
for changes in ethics alone. This
nation asks for action, and action
now.
Our greatest primary task is to
put people to work This is no UNI
solvable problem, if we face it wise
ly and couTageously. 1t can be &C
complished in part by direct recruit
ing by the government itself treat
ing the task as we would treat the
emergency of war, but at the
same time, through this employ
ment, accomplishing greatly needed
projects to stimulate and reorgan-
ize the use of our natural resources.
Must Use Land
And in hand with this. we frankly
must recognize the overbalance of
population in our industrial centers
and, by engaging on a national scale
in a redistribution, endeavor 20 pro-
vide a better use of the land for
those best fitted for the land.
The task can be helped by defin-
ite efforts to raise the values of
agricultural products and with this
the power to purchase the output of
our cities. 1t can be helped by pre-
venting realistically the tragedy of
the growing loss, through fore
closure of our small homes and
our farms. 1t can be helped by
insistence that federal, state, and
local governments act forthwith
on the demand that their cost be
drastically reduced.
1t can be helped by the unifying
of relief activities which today are
often scattered uneconomical and
unequal. 1t can be helped by ma
tional planning for and supervision
of all forms of transportation and
of communication and other utili-
ties which have a definitely public
character.
There are many ways in which it
can be helped, but it never can be
helped merely by talking about it.
We must act. and act quickly.
Must Supervise Banking
Finally in our progress toward
resumption of work, we require two
safeguards against return of the
evils of the old order; there must
be a strict supervision of all banking
and credits and investments; there
must be an end to speculation with
other peoples money, and there
must be provision for an adequate
but sound currency.
These are the lines of attack. I
presently shall urge upon a new