The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-01-16

cling faith REEVES
change the whole future Of labor
in this country. In general, sec
tion IA provides to all employees
freedom to join or not to JOIN
any kind of organization or I'M
ion they choose, without preJud-
! ice to their Jobs.
There is not the slightest ques-
ton that both capital and labor
have abused this section. There
are unouestioned cases in which
employers have influenced, by
threats or otherwise, their enl-
ployes.
Union organizers have also
abused it, telling employees they
must Join union to get the ben
efits of the Recovery Act, some
times threatening them if they
did not ION their particular IN
ion.
THE FARMERS
The agricultural act benefits
have pleased farmers almost IN
exact proportion to the amour:
of money received. In the south,
where the cotton money was dis
triLuted literally and promptly,
they were crazy about 1t.
AS you move north, where the
gravy was not quick so thick and
was served later, it was less pop
ular.
The agricultural problem runs
straight on a problem just like
(Which came first, the hen or
the egg?" Every farm leader
money can he buy the farmers
has purchasing power first, then
he will buy the city's products
and industrial prosperity follows,
Labor leaders insist that only
when the city worker first has
money cut he buy the farmers
products and thus keep up then
prices.
1t would seem to me that this
team must be driven, not in tan
dem, but in double harness. What
happened, of course, was that the
NRA put the industrial horse a
lump ahead, and the wagon of
advancing industrial prices gave
the farm horse a bad humping.
Up to now, it seems to me that
cutting the acreage in cotton,
wheat, and to a less extent in
corn and tobacco, has been pref
ty successful. If this goes ahead
until overhanging carryovers are
removed, then we shall see what
we shall see. That will be new
problem.
THE MONEY PROBLEM
The money question reveals a
trust in the president that is as
tonishing and even a little pa
thetic. | believe the average man.
stuffed to the ears with ha-
rangues pro and con on dollar
devaluation, silver, sterilization,
and the gold standard, largely
has abandoned any effort to
make anything of it. and simply
puts his faith in President Roose-
welt that he will not allow us to
take the awful slide into the
abyss of paper money initiation.
| think the number who con-
sciously want paper money infla-
ton is small.
! Even among bankers, the in
stinct to "trust the president" is
widespread.
THE BUILDING QUESTION
Despite the general feeling
among business men that great
building and expansion projects
await only a stable dollar to gC
ahead, l was unable to find spe
cific examples, though inquired
in every city.
Undoubtedly there are some
nobody known how many, | thin
: that, in general, business is get
. ting used TO monetary uncertain
, ty as the only certainty, and pre-
ceeding or that basis.
: In every city you visit, yo
find an overbuilt downtown sec
ton with empty offices and, loft:
There is one construction 10
going on IN almost every city
the new Federal Building.
l could find little evidence o
waning support of the presiden
One business man in Detroit tol
me che could not be re-electe
tomorrow" That stood out, III
ique.
T | was impressed by the trus'
+ in Franklin D. Roosevelt that
n is held By all kinds of people,
). high and low, Democratic and
e Republican.
f Opposition? Of course. B;
l believe there is less right no
Y than there was LIN Z. 1922 Mhel