Evening star., 1933-06-11
TyD|NGS ENTERS
LITERARY FIELD
Senator Dissects Economic
and Political Troubles of
World in Book.

Senator Millard E. Tydings, Demo-
crat, of Maryland, has launched lit
erary campaign of his own against the
economic and political troubles of the
world. The Bobbs-Merrill Co., Indian
apolis, today published Counter Attack,
Battle Plan to Defeat the Depres-
sion,'' of which he is the author.
In sprightly and vigorous language,
Mr.. Tydings discusses his theme as
problem in military science He uses
the Technology Of battlefield strategy
throughout. His metaphorical foes he
describes as "the Four Horsemen of the
Depression-Capt. Tariff and Embargo,
Capt. Deprecated Currency, Capt. War
Debt and Capt Armament" The style
he has adopted gives vitality to quoted
theories and statistics, dry-as-dust
facts, with the result that the book is
distinctly readable.
Book of 14I Pages.
The text is divided into nine chap
ters, making total of 141 pages Be
ginning with the statement that the
armistice of November IL. 1918, was
but the beginning, or rather a con-
tinuation of the old conflict" Mr.. Tyd-
ingS argues, the same strategy and
the same old objectives remained The
visible enemy was supplanted by an
invisible foe-an adversary more insidi-
Gus, more subtle, more cunning. Today
we are at the Marine in this new
struggle. Each separate nation of
the earth is struggling at once for su-
premacy and for national existence"
But the Senator adds, There seems to
be lack of the patriotic spirit of 1917
1918; no impulse in the people that en-
genders the ideal of sacrifice for the
common good"
There is no hope for improvement,
Mr. Tydings says, in either "a silly
and short-sighted nationalism" or "a
stupid and short-sighted information
alism." Both have been tried; both
have failed. Now "the whole world is
in retreat before the Four Horsemen.
1t is obvious that "a plan to crush them
must be formulated"
But he insists there is yet a chance
for victory"
Mr.. Tydings analyses the problems of
the status of the United States as
money lending nation. American ad-
vances of cash to European govern
ments during the World War altered
the country's position in the world eco
nomic order, but the metamorphosis
has taken place without substantial
appreciation or comprehension by us of
just what such a change involves in
our dealings with other countries" The
nations indebted to the United States
came to the end of their capacity to
pay in golf, and tariff barriers stopped
any effort to pay in goods. These deb
tors then perforce ceased to purchase
American commodities, but production
continued without regard to that fact.
The policy Of continuing to lend was
futile.
Sources of Distress.
Supplementary sources of distress,
crease in the cost of government, over
expansion in industry resulting from
unwise extension Of credit, the flotation
of foreign bonds in the American mar
ket to make feasible a continuance of
the universal armament race, chauvin-
istic propaganda campaigns and tariff
and embargo retaliations against Amer
lean tariff protection.
To save the country, its people must
be organized to man, the Senator be-
lieves. He calls for an agricultural
corps, manufacturing and mechanical
industries divisions, transportation
and communication battalians and
professional service organization, all
to be trained and led in a grand
counter attack" on poverty, interna-
tional rivalry and war.
Specifically, Mr.. Tydings advocates a
drastic liberalization of tariff policy, so
that labor and trade may be freed