The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-10-19
WANTED-ECONoMIC REALIsTS

WANTED-ECONOM REALISTS
Under the above caption The United
States News calls for economic realism to
take the place of the economic tiddlmg
and experimenting which have been car
Pied ON for the past four years. The News
asserts that President RooscyeltS plans to
re-distgibute purchasing power are lmpoS-
s0le of realization. Production per work
,r is going down now, when it ought to be
going up: and real wages lthe purchasing
power of wageS) are being cut by the hlgh
cost of living and by tax barriers which
impede and reduce trade and the volume
of business.
Such is the entire history of nearly five
Years of the new deal and of attempts to
introduce and make effective in this coun-
try President RooSeyeltS economic ideas,
plus his desperate attempts to change the
form of our government and enthrone IN
Washington as the supreme authority IN
the United States totaltarian system Of
government.
I'm one of his more recent pronounce
ments the President declared that one
third OF the population of this country
is "iU-houSed ill-nouriShed and ill-clad.
That is the condition at the present time,
ne asserts.
One-third of the population is more than
was estimated to be in dire distress and
want at the bottom of the depression; so
il is clear. on the word of the President
that as far as this submerged or distressed
segment of the population is concerned,
there has been administered by the fed
eral administration in the past five years
no real or lasting relief and there has been
no actual improvement in the condition OF
these people.
The more abundant life" and social
and economic security have in no degree
been experienced and realized by these
people; and remember that they constitute
a proportion of the population fully as
large as any number that was ever claimed
10 be i'm distress and want by our profess
siOnal pesSimiSts, alarmiSts and uplitterS.
And don't forget that this is the eSti-
mate Of the chief new dealer himself. He
said that here and now, in the year 1881,
after more than four years of new dealsm,
one-third of the people of this country are
"nl-hOused, ill-nouriShed and ill-clad.'
II that is as many, or more, people than
were in distress at the peak of the depreS-
sion, then it is obvious that four years Of
new dealiSm has accomplished little or
nothing as far as these people are con-
cerned. Yet they are the people always
placed first on the new deal social and
economic program; they are the people
who were TO be introduced in Il body to
the more abundant life; they are the
people on whom IL to 10 billions of the
money of the tax payers have been Law
ished in about four years.
The plight of this third of the popula-
ton, when the President referred to it a
few months ago, was asserted by him to
be so desperate that nationwide emerg-
ency existed and this state of affairs was
so dangerous and pressing that he called
upon the country to back him in compel
ling Congress to enact legislation to make
the Supreme Court a bureau of the eXecu-
tive department, so he could use it to van
quish the impending debacle.
Now, of course, the country is prepared
to admit without argument that everything
Roosevelt has desired to do or has sought
to do, has not been accomplished; but an
examination of the record, disclOses that
the country has had an ample Overdose
would be nearer the TRUTH dose of new
dealiSm; it has not worked; and there is
absolutely no sound reason for believing
that more of the same, or worse, will