The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1938-03-30
ASK THE DOLLAR IN YOUR POCKET!

"a subscriber writes Sharply:
:-t''You are the editor Of the Nations Business
and as such, ought to know something about the
nations business. Tell me why is capital on strike
In an article over your signature eight Facts
Looking For an Audience, May, 1887 you ADMIT
that 49, 900 100000 each year went into the deVeI-
opment of new things from 1900 to 1880 and since
then scarcely onetenth that amount. Have our cap
itahsts a streak of yellow"
The question is fairly put: Are there dollars in
hiding? Sulking? Cowardly? Afraid of their lives!
If so, why?
1t takes SIS 900 to provide tools and materials to
give one man q job in industry The man with
IS. 600. which he has earned, knows how hard it IS
to torral dollar In this respect he is unlike pub
lie servants He knows how difficult it is to per-
suade dollar to risk its life working year for
three or four cents. Dollars are that way in the
earner's pocket Ask onel Hear the answer:
You want me to go to work? What is the job?
How risky is it? How long do you want me to
work? new enterprise? The public may not
accept the product and III lose my life I'll want
more for that job. What are the conditions of
employment? Are the workmen who are to use
the tools IN furnish satisfied? Have you the
power to negotiate with them? You haven't? A
political board? Well, that's bad What assur-
9nce have you as to the item of tax expense?
Furthermore know l must stand ready to help
nay the $4O,OOO,OOOOOO debt and the interest
on it, Are the national rules written out in black
and white on statute books so that We'll know
where We are going? Or will bureau make
new rules from day to day? I'd like to work and
III take chances-I always have-but the con-
ditions must be halfway right. VIII our courts
protect me against appropriation, against confis-
full?
Ak the dollar in your own pocket!
The thonghtlesS fail to understand that the dol
lar gcrCcsentS something. 1t represents sacrifice
that sulneone has made, someone who has consumed
A,.ly less than he has produced. 1t is no more
han q certificate of credit to this effect. due bill
t5s.n of something produced and not consumed
So less an authority than the President of the
Uated States has said that every dollar comes
from the sweat of someone's brow. The dollar
knows this. The dollar knows how it came into
Icing. 1t was no twilight sleep. That is why it is
cautious 1t loves life 1t takes as few hazards as
possible. 1t wants to work. Like humans, it has
the urge to reproduce itself When it adventures
boldly, again like humans it does so in the hope
of reward and acclaim Where many dollars are
found in one mans pocket, there is less caution
The single dollar in thousand pockets cannot af-
ford to take the larger risks.
Why are dollars less eager than ever before in
the United States to put on overalls? Why?
Dolars-and the men who manage thenl--have
heretofore in the United States of America had an
incentive to take chances in thousands of industrial
undertakings.
DollarS-and the men who manage them-gave
us our industrial stride because We permitted them
to see far down the road by giving them govern
ment OF laws and not, as in other countries, and
as We are doing today, government of men.
Dollars-and the men who manage them-gave
US our industrial supremacy because our courts,
under the Constitution, through dozen stormy
Periods Of stress, gave protection from the dema-
gos0es and their attack upon success with the &C
companying cOnfscaton of income and property.
Straws in the wind indicate that we NAV bring
back Incentive to men and dollars by restoring
the American practice of written law and by refus
ing to punish success by tax and other reform
and 'yardstick' measures. In the meantime, the
doIars-and the men who manage theml-wait.-
Nations Business.