One of those optimistic Depression-era “look on the bright side” song hits, recorded most successfully by rising star Bing Crosby (listen here: https://youtu.be/Gcx-UiaIe00 ). The Teddy Raph credited as leader on this release was musician-arranger-composer Ted Raph, who played trombone in a number of Columbia recording sessions.
From 78rpm Columbia 2482-D - Wrap Your Troubles In Dreams (And Dream Your Troubles Away) (Barris-Koehler-Moll) by Teddy Raph & his Orchestra (Ben Selvin), vocal by Orlando Roberson, recorded in NYC June 15, 1931