The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-11-20

against the haves"
Kent concludes his summary with view
of the Presidents position which is not re-
! assuring. Here it is:
Regardless of the collapse of many of his
schemes and the waste of time, effort and money
in Others wiped out of existence, Mr. Roosevelts
position is that he has made mistakes, that the
recession of business is not the fault of his poll
cies, but of business itself. Faced now with real
y desperate state of affairs apparently his pride
will not let him intellectually take the steps nee
essary-and which he knows to be necessary-to
deal with it. He cannot bring himself to go the
distance. His friends say you can't expect him
to repudiate hmself--hes got to save his face
The question is whether, with the nation on the
brink of bankruptcy, preserving the presidents
pride and saving his face going to prevent
saving the country, easy thing at best The
really encouraging sign is the demonstration OF
sentiment among the presidents adherents in con-
gress, who are convinced of the vital need for i'm
mediate action"
The foregoing recalls the systematic eff
of the new deal to discredt business and
business men. Business men We're pointed
to by the President and his most vocal lead
erS as eXploiters and crooks; and having
stirred the radical classes of the country
to frenzy by Huey Long tactics and made
possible a system and program of tyranny
never eQualled anywhere in modern times
outside of some dictator-ridden foreign
country, the new dealers always turned
squarely around with demand that bust
ness save the country.
The new dealers adopted and put into
operation systematic plans for hamstring-
ing business, and all the time they were
yelling that the country could only be lift
ed out Of the depression through the eff
forts of induStrialiSts and other classes OF
business men.
The new dealers called on business to
save the country by licking the depression
and restoring normal conditions, and then
they proceeded to use political power to
do practically everything that sllcKers
could think of to make it impossible for
business to respond to this call to save the
country.
The net result is that today, in spite of
everything in its favor, the country faces
another depreSSion-a recession OF busl-
ness" the new dealers have labeled it.
The fact is that everybody in the coun-
try, including the more intelligent new
dealers, is aware that what has stopped
recovery in its tracks, slowed down indus
try and business in an astounding and dan
gerous degree, and thoroughly frightened
the President and his advisers, is the sum
total of new deal policies or what has been
done to the country by this program. This
is, of course, chiefly the policies of the adj
ministration toward business.
The burdens of repressive and reStric-
tive bureaucratic interference with the
processes of business, plus the load OF con-
fiscatory taxation piled on industry and
every class of business; the complete de-
moralization of labor conditions in the
great industrial sections of the nation
through unjuStifed and highly dangerous
labor policies, are some OF the reasons Tor
the collapse of the false prosperity built
on borrowing and spending by the govern
ment To this should be added the loss OF
respect for and confidence in the national
government resulting from its course IN
dealing with labor union revolution and
the administration evident and marked
determination to work hand in hand with
John Lewis and the Go for the commu-
nistic subjugation of all industry in the
United States.
The fallacy, the utter recklesSneSs and
foolishness of the new deal is daily becom-
ing apparent to the country. Business men
have all along been able to correctly ap-
praise it. Pity It's that the eyes of many
other classes of citizens are not yet open.