Evening star., 1934-01-14
ITALYS new LAW
CENTRALIziNG POWER
IN GUILDS, APPROVED


CONTINUED From First Page.)
wish to advance the opinion, however,
monetary maneuvers cannot bring an
effective and lasting rise in prices. II
we wish to delude the human race we
money clipping.
But the opinion Of all those who do
not react favorably to empyric eco
nomic and social experiments is this:
Imitation Is the road to catastrophe"
Turning to Communism, Mussolini
expressed emphatic disagreement with
Senator who had remarked that If
it had been outlined in IAN advanced
country like Germany" it might have
proved more successful"
Anti Communism Reiterated.
Facing the embarrassed Senator, Il
Duce said
Il have not one atom of sympathy
for Communism. deny that If 1t were
applied in Germany it would have
brought results different from those OBJ
tanned in Russia.
"At any rate it is evident the Ger
man people did not want anything to
do with it"
Then, in a striking comparison, Mus
solini declared that Communism as it
appears in some of its manifestations
among exasperated Americans Is Moth
ing more than a form Of state Social
.zation and characterization Of
economy"
IJje oddroes c,,pop,ad ,,p tba Capota,c
discussion Of the cooperative plan,
course combining good points of other
systems and doing away with their
faults.
AS approved by the Grand Council
of Fascism on December 10, the system
would involve the giving of law-making
powers to the corporations or guilds,
each representative Of sphere OF en-
deavor.
Promising that the cooperative sys-
tenn will bring discipline to all parts
of the country's economic life, Mussolini
asserted it would be just as necessary
If the present crisis ended, as it lis
in the midst Of it,
I'VE should hold no illusions about
the rapid end of the crisis" he added.
The road will be long.
But even if by chance there were
to be an immediate and general eco
nomic recovery and those conditions
of economic latitude that obtained in
1914 were to return, this discipline
would be as much needed as now.
Men easily forget and would, if
left to themselves, commit over again
the same errors and stupidities that
brought on the present state of affairs.
Dnc~n,xs Dr;y.<~ n,nu>.x,,
Pledging respect for private property
Mussolini said holding it was not just
right, but duty
I'VE regard the holding Of property
as a social function" he explained.
1T is not passive, but an active
function. Ownership is not limited to
enjoying the fruits of wealth. but
should develop and multiply them"
Regarding capital. he said enterprises
that gather in the investments of peo-
pie cease to be private organizations
and come under the "tutelage" of the
state.
Under the generalized capitalistic sys-
tenn of today, II Duce concluded, "ex-
elusive private and individual economy
does not exist
II Duce declared the cooperative law
under which industries, trades and pro-
fessions would be organized into 1a
groups. whose leaders will have legis-
lative powers and will control production
and working conditions-was mot SO
much a product of doctrine as the result
of IL years of experience"
The heavy over-subscription of T.
100000 lire treasury loan currently
$500 .000000, which was offered the
public January 10. was eloquent proof
he said, that Italians approve the new
system.
Seven billion lire already have been
subscribed and this is the equivalent
of 7,0000000 900 votes" he went on.
Mussolini declared the cooperative
system is not a menace nor a danger
but a guarantee of salvation"
When the system is definitely func.
tioning constitutional reform will be un.
dertaken, he revealed, and the fate OF
the Italian Chamber of Deputies will be
decided.
The cooperative project was said
earlier to be due to start this month
It was suggested that heads of the
various guilds would supplant the
chamber.