The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-02
THE INDIANAPOLIS TIMES
Liberal Viewpoint
--BY DR. HARRY ELNER BARNEs


THE close of the eighteenth century was
i marked BY great revolution which brought
autocracy to an end in France and prepared the
way for the downfall Of autocrscy or feudalism
in many other countries Of Europe. Today, there
are many who predict that we are on the eve
of another revolution period which viii shatter
the system of capitalism and nationalism.
Professor William L. LANCER of Harvard uni
versity is editing series Of twenty volumes, pre-
senting wildly the evolution Of modern society
from the close Of the middle ages to the growing
spirit Of revolt in our own day! The first TWO
volumes to re published, dealing with the French
revolution and the succeeding reaction now are
before U.S.
Professor Brinton gives us an excellent review
Of the French revolution which overthrow Tor
the time being the old order in France. CA
Decade Of Revolution" BY Crane Brinton. Har-
per. $3.50 It embodies the latest scholarship
and the story is told in clear and lucid fashion.
Professor Artz gives an equally excellent account
of the swing-backs to reaction after 1915. Gre
action and Revolution" BY Frederick B. Artz.
Harper S375O His volume will provide mate
rial for reflection on the part OF our present
day revolutonists if they hope to avoid the as
astrous backwash which has usually followed
on the heels of past revolutions.
MIR. LEWIS COREY has written thorough
wi account of the weaknesses Of contempt
y,
collapse and anticipating revolution. Cine De-
cline of American Capitalism. BY Lewis corey.
Covici-Friede; SO
It is comparable, in a general way, to the
literature of criticism which preceded the French
revolution but none of this eighteenth century
critical literature possessed any OF the elaborate
Recommendation to be found in Mr.. Coreys VOL
ume. 1t is a challenge to American bouroons
and New Dealers alike, which can not be DIS
missed lightly.
The MARKHAM note which runs through 1t VIII
lessen its value and CONTINGENCIES in the opln-
ion of certain readers But this is certainly no
ground for refusing to face the vast mass OF
relevant and disconcerting facts which Mr.
Corey has gathered with care and put togetner
in cogent fashion.
The reaction to the situation, which Mr.
Corey so thoroughly describes in his treatment
of the crisis of contemporary capitalism, Will
take one of three possible forms: Cd Blind re-
action refusing to reckon with the facts or with
experience; 90 bold experimentation to better
conditions without entirely relinqushing capt.
talism; CD thorough-going communlsuc reVo-
luton ending all vestiges Of capitalism
MIR. ROBEYs book is a splendid example of
wi blind reaction advocating, believe it or
not return to the principles Of Harding, Cool
idge and Hoover. Roosevelt Versus Recovery.
BY Ralph Robey. Harper. So The old argu-
ment about defation, a balanced budget and
the like are trotted forth, but in very sprltely
fashion.
The advocates of social credit furnish good
example Of those who would try to save the
day by grave notifications of capitalism in
stead of completely abandoning it. Mr.. Hotter
has written a clear introduction to the social
credit scheme, a proposal which can not be
ignored by the student Of contemporary eco
Monies. CThe ABC of Social Credit. BY E. S.
Hotter. Coward-McCann. SD
Communism represents the effort to make
clean sweep of everything which savors of cap
italism We ordinarily look upon Communism
as having its only important center of strength
in Russia but General Yakhontof tells us of
the enormous growth of Communism in China,
the creation of Communist government OF
80 100000 Chinese set up in the heart of Rus
STA, Chinese Communist party second only to
the Communist party in Russia and the develop
ment of a Chinese Communist army which has
defed the efforts of nationalist generals to
crush it.
Here is an account of development which
may hold within it the most momentous conse-
quences for the west as well as Tor the far east.
cThe Chinese Soviets. BY Victor A. Yakhontof.
CoWard-McCann $275)