Imperial Valley press., 1938-04-15

IS not much better, ana losses IN
some industries are greater. 1t
should be obvious that something
is wrong with the pump. The fault
is that we have been trying to
change human nature overnight. 1t
is time we went TO work and cor
rected this situation The issue is
far bigger than party politics. The
future of America is at stake!
The easiest thing in the world,
of course, is to sit back in the gal
lery and "kibitz" During the past
few years there has been an end
less baTage of destructive New
Deal criticism by businessmen with
out constructive suggestions. Let
business alone" is a favorite slogan
when times are good. DO some
thing for business is the cry when
things are slow
One of the biggest faults of the
New Deal has not been in writing
Reform legislation, but rather in
going too far with such legislation
What we need today is to take a
thorough inventory of recent laws,
chop out the bad parts, and keep
the good Throw away the acts aim
ed at changing human nature, and
keep those designed to strengthen
human beings.
Instincts Cannot be Legislated
There has been too much loose
thinking in connection with the
"ill-housed, ill-clothed, and ill-fed'
These unfortunate people never
will be properly taken care of until
we get down to fundamentals. HUI
man nature cannot be outlaWed
or outmoded by the waving of a
wand The world is still ruled by
the instinct to own and to protect
private property.
Moreover, the system Of doing
business for profit and loss" is
inbred. 1t has been developing
through thousands Of year. 1t can
never be changed overnight. Hence.
feel strongly that the President
should not now attempt another
operation, but follow the
best physicians by letting Nature
make the cure. He should start
now by preaching some basic econ
lomic truths.
Lest I be criticized as another
'kibitzer". let me tell you what I
would do right now IF I were Pres
dent. I think the following moves
would cure the basic troubles which
IRE allowing people to Starve in
his great land of plenty:
Stop price Freezing"
d l would assure the nation n
rec market for labor and cOmmO-
iitieS. All attempts to "freeze" the
lrice Of either market lead directly
o more unemployment. This APP
)lies to labor unions. farm organiza
ions, and business corporations. All
orms Of monopolies add to jobless-
less. Hence, pricd-fiXing Of all
linds should be stamped out as
harmful to the nation as a whole |
Politicians talk about over pro-
iuction". It is true that an in
iiVidual industry may get out of
inc by producing too many goods |
It one time. There. however. can
,e no production in ALL in
iustries. 1 would teach the people |
hat only as more is produced, is |
here more to divide. The stan
lard OF living can be raised only !
through boosting total production; |
lever by curtailing it.
t2) l would endeavOr To have the !
'ecurities and Exchange Acts and |
FEDERAL Tax Legislation amended |
o as to encOurage-rather than 10
iScOurage-new enterprises. Con-
ress should differentiate between |
peculation in NEW risks ana specu-
alton in OUTSTANDING securities.
fore income may be needed by the
reasury after eliminating restrictive
BUSINESS taxes. If SO put a special
ak on Trust Funds.