The Washington times., 1934-11-08

with their eX- ~ I
periments. ssss lEsa$ sS5E&&&$
It is perhaps Lewis Haney
conceivable that an increased
sense of responsibility may lead
to more caution, but this is
very doubtful. 1t is more likely
that, flushed with power, they
will go straight ahead.
This means that they will in
crease Government spending, thus
bringing the public easury
nearer and nearer to bankruptcy.
It means that the trend toward
Government banking will be in
tensified, the notion being that
the Government can thus use
credit to carry on its spending,
without the restraint of "old-
fashioned" banking principles.
It means that the drift toward
initiation will increase, and infla-
ton become more inevitable. The
old excuse will be accepted,
namely, I'VE will control it,
this time.
It means a more cocksure inter
ference by government in bust
ness. New Deal leaders will now
wonder why they ever bothered
to worry about what business
men want.
In the second place, the elec-
tiOns show, not only that the
Republican party is diSOrga-
niZed, but that there is a posi-
tive aversion to old guard Re.
publicans. 1t even seems that
to some extent there was a
"vOte of protest" against old
line Republican senators. Their
'full dinner pail'' appeal has
been stolen, and they have
nothing left.
This proves that young Re-
pubIicanS will have to reorgan-
ize as a Liberal party, to repre-.
sent the intelligent middle
classes-the great body of Amer
lean taxpayers. They must
stand for the evolution and rea-
sOnabIe reform of American
institutions.
In the third place, we learn
that when radicalism is really
brought right home to the people
of a particular locality, it loses.
When the people (even those of
southern California; get right up
against the question, what would
socialism do to our business, they
reject it.
It is because the New Deal is
so vague and general, and still so
remote, that it wins. If Sinclair
had merely said, I stand for a
more abundant life, he would have
won-because that means nothing.
Once the New Deal schemes are
applied and bring their inevitable
economic confusion home to the
people, it will lose, too.
I get two prediction letters
which throw some light on the
New Deal following.
O1Ac says.
you have forgotten God.
SO for the sake Of God and His
kingdom and His people, get be-
hind the President and let's 20
places. Repent We, for the king
dom Of Heaven is at hand"
The other says:
eff you had your way, Won
would have American labor
working like Nero did, with a
long whip behind and on their
backs. wish and believe that
the masses will have more good
brains than you have, that they
will elect all the Roosevelt men.
I hope Roosevelt will put all the
industries under Government
control, and make them greedy
dishonest capitalists and crooked
bankers run their business hon.
est way"
Evidently here are two loyal
New Dealers.
The fact that unemployment
has increased and that industrial
activity is no greater than before
Roosevelt was elected, has made
no difference. 1t will not, as long
as the Government is willing and
able to take money away from
those who have it and give it to
those who haven't. AS long as the
New Dealers can distribute funds,
they can win elections.
Apparently this country will
have to go through bankruptcy be-
fore it learns the lesson of 1929.