Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-11-17
WHY WAIT FOR GEORGE TO SPEND IT

Legend tells is of a Chinese ruler who decreed that at a given
moment each and every one of his subjectsGshould yell at his loudest
81 that the man in the moon might hear.
The great day came-and silence. Not a sound was heard in all the
land except the feeble cry of one old deaf man. Everyone else Kept
j. quiet sc that he himself could hear the others.
Thus we see that one more ancient discovery may be credited to the
resourceful Chinese-that of letting George do 1.-THE most widely
used of all their gifts to civilization.
Today too many of us re waiting for George to spend it.
l am no prophet. | have no standing IS N economist. And I am
not a magician despite my claim that a thing can be made larger by
taking away a part of it.
What do l mean?
The best way to insure capital is to spend a part of it when prices
are low. 1& 80 4 sr@ ~
The mn who spends one dollar out Of ten in making business
better will find the nine worth more than the ten as values rise.
Mass achievement is ever a matter of individual and cooperative
action. Napoleon got his army over the Alps a mar 1t a time. We must
rescale the peaks of prosperity the same way. The Now Is The Time To
Buy Trail is our easiest path.
Each one who can must spend-and millions can spend if they but
will
While we are waiting for the release of frozen funds to start a
buying wave, nineteen O of every twenty dollars in 1865 banks are
free to spend as we will $685. 6o5, e4, 600 ae o deposit. This il, Is per
cent more money than we had in all of our banks when we went into
the World War to help save those across the sea.
Now we refuse to save ourselves.
Depression will linger if we wait to spend out of income instead
of out of capital-and our capital may shrink while we wait.
Industry has signed with N. R. A. Some have signed until it hurts.
The public should now sign with industry and spend some of its capt.
tai. The COW without pasture can give n milk. An industry without
sales can pay no wages. Feed industry. Buy something. Build some
thing. Let u s not forget this-bettr a hour of work than a dollar
for dole.
Capital is going to take care of the unemployed-ehher by buying
what labor produces or by dole taxation. The choice is obvious.
And when we spend, personal ~sel6shness should take a holiday.
The chisel should not replace the golden rule as a business tool. Those
who use it will help proong depression and in the end murder quality.
Let's take a look at the Blue Eagle.
We see in its grasp the symbols of industry and action. The chsel
is conspicuous by it's absence. Let's remember this whenever we do
business with our fellow men.
And further, neither capital nor labor should attempt in times like
these to intrench itself at the expense of the common good. And no
chisel should luk in any political coattail. Let us have public, as well
as private, unselfshness.
Ours is the richest country in all the world. 1t is rich in money 1t
is rich in market. 1t is rich in a necessity of replacement and repair
built up by the highest standards of living the world has ever known.
Let's initiate our confidence before we initiate our currency. Let's
remember that Cod helps those who help themselves and that Mr..
Roosevelt is not likely to do more. He can't throw the forward passes
and catch them too. He expects each and every one of us to play ball
with him.
Let's stop nursing depression. Let's begin to count our blessings.
Business is better. 1t is like a man with a trunk half way up stairs. Ii It's
but taking a rest before starting for the top. Let's give it a boost.
Buy Something!
Build Something!
This message is not addressed to those who cannot spend or to
those who now are spending. 1t is addressed to the man who is jinghng
the Stacker dollar in his pocket, little aware that it is growing less in
purchasing power as prices rise.