Evening star., 1934-04-22
DEMOCRATIC OPPOSITION
TO "NEW DEAL" is URGED
Republican Opposition Is to Be Ex'
pected- -Fascism Seen in Con-
tinuance of Present Trends.

careful statement of the beliefs of
those who oppose the radical portions
of the new deal Such a statement,
If done well. might turn out histori-
cally to have almost the distinction
of the Declaration of independence or
the Constitution of the United States,
of the famous Virginia Bill of
Rights" or even Magma Charta.
There is ahead of us a clear fight
between two fundamental conceptions
of human society: One of the con-
ceptionS is the elevation of the in
dividual, the safeguarding of the in
divldualS rights as expressed in the
American Constitution. the old Vir-
ginia Bill of Rights" and some other
ancient documents. The other con-
ception of organized society toward
which the radical portions of the new
deal lead may be described as a bee
hive" type of society. in which the
individual is submerged in the inter
est of the State as a whole.
Securities Act Hit.
Some one with a genius to make
this distinction clear to Americans.
some one who can write the plat
form of those who oppose the beehive
type of social organization-such a
person might be able to make a name
in history for himself.
Does any one still doubt that the
new deal tends. Intentionally or not.
to lead to changed form of Ameri-
can society? If so, I ask them to
read the following. This did not
come from DR.. Writ. It came from
within the administration, from an
agency created by N. r. A. 1t is Of
fetal.
On March 8 N. r. A. Administrator
Gen. johnson set up a committee
to get the viewpoint of industry as
10 what is needed to further recov-
cry. This committee now reports
that the extent of recovery is meas
ured by the number of men back
at work on normal and productive
Jobs" and that there are still some
, 100000 unemployed in what is called
heavy industries
Then the letter recites one main
reason for the lag of recovery in heavy
industries: The securities act en-
acted almost year ago has definitely
lntertered with the free flow of pri-
Vate savings into industrial enter
prlSe-ln the worthy attempt to pro-
tect the average investor against oc-
caSlonal fraudulent and unfair manip-
ulatlVe practices, the great majority
o1 honest American business men and
bankers have had imposed upon them
Sucn impossible liabilities and pen
alties that few prudent men are
willing to risk the issuance or sale
of securities. The result Is the almost
complete stoppage of the flow of pri-
Vate savings into normal investment
channels"
Enforcing Naturalization"
In addition to the securities act
the report names other reasons for
nesltancy OF private capital to invest
III neaVy industry, one is a lack "of
in the Governments fu-
-ure policies" The particular future
policy, fear of which retards recoy-
cry. Is expressed in a strong sentence
Inc sentence might have come from
Or. Writ, but is hardly to be disputed
hhen IL comes from this official
~ h A. source: In con-
nectlon with the many legislative
emergency measures of the last wear
Ine conclusion to clear that, perhaps
conscious intent. we are
gradually enforcing the nationaliza-
Ilon OF productive wealth"
In that sentence is one phrase call
ng Tor comment, perhaps without
conscious intent" That America at
his moment is moving toward ma
of productive wealth"
STATE soclallsm) is fact. About the
'enoency at the present moment there
,an hardly be dispute. Those who
would raise any question at all about
MS statement would merely say that
-ne tendency is an incident of emer-
5ency and that it will be stopped.
Inc real point for discussion. how
ever, is in the phrase perhaps with
out conscious intent" DR.. Writ and
others like him would say there is
conscious intent" These being
acutely suspicious would say that
here is somewhere within the admin
Stratlon some on. person or group
possessing subtle intelligence and un-
1erstandlng the art of revolution. from
whom flows the successive moves
Which carry US toward naturalization
lState socialism,.
Question Where Will Trend Stop.
A different school of thought would
say there Is no conscious intent, but
hat there is what has the same effect.
namely, combination of several
measures, each accelerating the other,
and the whole composing a momen-
,um SO great as to make complete
naturalization of America Estate So
,ialism inevitable. The nature of
his process is such, so this school
If thought says, that each step taken
makes the next step necessary.
There can be no question about the
.rend. There can be no question about
me destination if the trend is kept
Up. The only question is whether the
administration will stop the trend
This is much the same Though not
wholly the Same) as saying this: That
he only question is whether the ad-
will sooner or later scrap
most of the N. r. A., scrap most of
A. A. A. and scrap most of the other
new activities it has taken N since it
,ame into power. The President has
said he has no intention of scrapping
NJ R. A. AS to A. A. 49,, he said in
he beginning that if it turned out to
De mistake he would not hesitate to
End it. Actually, the administration is
A. A. A. and putting new
,eeth into the enforcement of 1t.