The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-01-02

ssen are eternal" q Cor. 4:l|'lo)'
Christian Observer
TIE NEW YEAR AND THE OUTLOOK
As the country enters upon another year
the matter of chief concern to majority
Of the people, measured by conversations
ond discussions, is material conditions. Inc
naonle are interested in general business
and industry and farming and the outcome
Of efforts to restore normal condiuoi"
tbropobout the country. Questions most
frcopentIv propounded to The TimeS-NeWS
relate to this newspapers views about ouSl-
ness and the probable results OF the gov
ernment's fight to get the country PACK u
2 normally prosperous state.
This newspaper has no inside intorma-
ton and is not acquainted with any cltlzen
who has-in fact, we doubt II ohlc'al
Washington is i'm much better position 10
make predictions as to the future than Is
the average intelligent citizen elsewhere
so one guess is about as good as another
However, it is fact that some improve
ment has been noted, taking the country
as whole, in general conditions. more
raonIe are employed now than year ago
HIGHER wages are being paid IN some INES
Of industry. commodity prices IN some INES
have advanced. Some of the larger DuSl-
ness enterprises of the country show M
provement in the amount OF gross business
done and in net earnings. 1t can be truth
fuIIv said that the country is in an improve"
nosition in comparison with the beginning
of 1888.
There is difference of opinion among the
leaders of the country, in public lie an"
in the business ranks, as to the lasting oehe-
fits which may be expected from the gov
ernment's efforts and all the other things
now being done with view to restoring
better conditions. There is little ground
for difference of views about one matter
and that is the temporary character OF the
federal governments program. The one
thing that is a certainty is the fact thaE
the government cannot go along indefinite
" spending billions annually for rellet'
public works and private works, and III
various channels where the need for en-
penditure does not exist and where no
benefit to the public will result
There will come an end to the govern
ment's ability to spend mOney-and then
will come payday, and that will be an
other story.
The hope of the country, as The Times
News sees the problem, is in the eXpecta-
ton that the majority of the people will
manifest commOn-sense. patriotism and
the better American Characteristics, and
that during this time when the government
is helping a large proportion of the popu-
lation, the people will return to the sound
American plan of helping themselves.
The administration declares that It's
measures are adopted for an emergency.
At the end of the emergency the people
will be thrown back on their own re-
sources. Whether the emergency ends this
year or several years hence, the govern
ment will not be able to carry its present
program along indefinitely. It may be able
to carry on until the emergency has passed
or it may not be able to last that long
Therefore, the all-lmpOrtant matter Tor the
people of the country is to attempt an early
!. recovery from the prevailing economic anC
! political brainstorm and to restore the
country to sound economic, social, politica
J and business policies.
The government is only undertaking t.
hold the front line trenches until the grea