Nogales international., 1938-04-09
There Is An Answer

THAT business conditions and employment are not
as good as they were few months ago. and not as
flourishing as they should be- is admitted by ALL
Whether it be another depression, a recession or
whatever it may be called the fact remains that Op-
ponents Of the national administration are blaming
the present cycle Of business jitters and increasing
unemployment upon President Roosevelt and his
policies.
Notwithstanding that the Presidents broad OBJ
Jectves sound it cannot be denied that some of
his policies have failed to cure the defects at which
they were aimed; to argue otherwise is foolish How
ever it is just foolish to argue that Roosevelt poll
ces and Obectves have caused the present recession
1t is true that the stock market has taken fearful
drubbing during the past few months, but is it due
to the national administration?
On the English board of trade British securities
have been worse hit than have American stocks on
this side of the Atlantic Roosevelt policies could not
have caused the English debace.
On the French Bourse, securities have been hard
er hit than have American securities Wall Street.
Roosevelt policies cannot be blamed for what has be-
fallen the French.
Other European financial districts have felt the ef-
fects of falling prices and general business unrest to
a far greater extent than has America. Certainly
that cannot be because of the policies of national
administration.
The American dollar is the soundest currency in
the world today While the British pound the French
franc the German mark, the Dutch guder and the
Italian liar downward in value, the American
dollar stands firm in strength and dependence
The world is Jlttery, unrest is everywhere War in
Asia. War III Europe. RumOrs of war, threats of
throughout the world Is it any wonder that business
is uneasy, wondering what will come next? Is it any
wonder that the population of every country is rest
less, anxious fearful Of the future Under the cir
cumsanceS is it any wonder that business is not eX
pandlng, that the unemployment rolls are increasing
With war-crazed military party in Japan driving
that country towards annihilaion through debt and
poverty because Of its desire to control Asia; with
one ambtiOn-craZed dictator in Europe gobbling up
weaker states, and another breathing threats of
toward all who may stand in the way of his ambition
to emulate and transcend the power and conque1ing
glory OF Ceasar the whole world has been thrown in
to state OF apprehension and fear which precludes
financial or personal stability, safety security
We have everything in the United States to make
this nation of we'll fed, we'll clothed well housed
happy and contented people. It must be that world
conditions rather than domestic policies is the cause
for our business stagnation resulting in unemploy-
ment and It's attending evils and Distress
This nation has millions of unemployed who want
to work. We have the consuming power for every
thing that we can produce. The labor is here, the
markets are here, the material and natural re-
sources are here, and still have millions unempoy
ed and business StagnatiOn. The state Of Arizona
alone developed to its capacity is capable of produc
ing sufficiently to sustain half the population of the
nation The states west of the Mississippi are CAPABLE
fully developed, of sustaining the total population of
the nation on much higher scale of living than e-
l0CS COuy of eASCeu at the he1ght OF the greatest
prosperity this nation has known We don't pre-
tend to know what the answer is BUT WE KNOW
THERE IS AN ANSWER (Dunbar's Weeklv)
A lot of talk we have heard damning business has
also had the effect of damnling business
White lies may be justifiabe at times but those
who begin telling them may eventually become color
blind.
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