The Waterbury Democrat., 1934-01-02

The United States is facing 1894 with a new confidence and it is this new confidence which is the out standing development of 1884 for us. Eunice Avery, current events speaker, stated yesterday in the third of her series of talks this sea- son in the borough. The lecture was held in the Congregational parish house.
 Tt is one of the most pronounce ed psychological changes we have seen in some time'' she stated. Twelve months ago we had long faces and were inclined to be pes simistic. Now we have rounder faces. can see humor in many things and are more optimistic, she said.
 '"The government to-day com- mands more respect than 1t did 12 { months ago and this is a definite help because the moment govern ment becomes vital, it means we, the people, have taken our tools in our hands and are going to do something.
 Conquered One Fear
 In 1883 we have conquered one fear, Miss Avery said, the economi- cal fear. However, another fear IS now taking it's place. This is the fear that war is an imminent thing, a matter of months. This is what they're telling us will happen and it can be true-if we will let it be true. "We can kick ourselves out of the war fear just as we conquer ed the economic fear, but 1t de- bends on us as to whether or not we shall have war, she continued.
 The only things which will pre- vent war is to stop things which produce it, the speaker said. There are certain kinds of treaties and boundaries which will result in war and these should be eliminated, she asserted. Some in this country re- gard war as an emotional advan- tage, she continued. They think it releases pent-up patriotic feelings and does away with a population surplus. Others feel war is an aW- full thing but think that by a lot of sentiment against it, it could be averted. Both theories are wrong, she claimed. Practical cooperation between nations is what is needed to prevent it.
 On IaFIH
 In discussing tariffs which she says often causes disagreements among nations, she said there are three things which have to be bought and sold, raw materials, in- dustrial necessities and luxuries. Nations are tending to be indus trially self-sufficient now and the former belief that the nation which G.,e,k al ,,e, lead in its production is being blasted, she pointed out. It is in luxuries that certain nations seem to have a tendency to excel, Persia in rug production for instance, vidual art of it's own in making wines. We should try to find out what things other nations can't produce as well as we or won't pro- duce and concentrate on these she asserted.
 In discussing gold she said that gold is the measure of the yard stick of money which regulates the values of our things. She said we put the gold in box and issue symbols such as dollars, to show how much gold is in the box. In oIuCI tIlll d IldIlOI SllOulu otdy oIl the gold standard internationally two things are needed,
 1. Unrestricted import and ex- port of gold.
 2. Government redemption of official pledges to pay in gold. When the United States went off the gold standard we refused to permit the export of gold. There are only five nations now left on the gold standard, she asserted.
 Five Nations
 These are France, Belgium, The Netherlands. Switzerland and Pc land. Only the Dutch and the Swiss are on the prewar standards of gold. There is an economic law, Miss Avery stated, that when a thing is strong, you need little or It and when it is weak you need much of it. When you have strong money, prices are down, when you have weak money prices are high' is the belief.
 President Roosevelt was given power by Congress to dilute the amount of gold in the dollar and to issue paper money. He has used the first power but not the second ao yCtt Nhioo HNCiy o'AS 5o'S the following as her interpretation of the presidents moves in regard to gold and imitation, which she advised her leaders listeners to take or leave as they saw fit: "President Roosevelt is one of the most astute politicians in the coun- try. He wants to be president for eight years and he intends to be there eight years.
 Seeks Reelection
 He realizes that for reelection a president must have mastered con gross and public opinion by the end of his first term. If he had not done one of these two things he won't be elected. again. He knows congress meets Wednesday and re- alizes that only the public can con- trol congress. The only thing which will act on congressman Is the very human desire to be reelected, Roosevelt knows this.
 He therefore sent for Professor Warren, agricultural economist several days before scheduled in- hationist meeting with Senator Thomas, inflationist leader, at its head. The lack of buying power in the agricultural section has been one of the main problems and a real political threat to Roosevelt Is