The Daily Alaska empire., 1936-02-10

nounced by several speakers and vehementy denounced in the platform. They rather raise the question as to whether wisdom displayed in perhaps seeking too much profit at this stage of business recovery Entirely impartial observers might consider the pro- priety of investing of this unusual usufruct in absorbing portion of the vast army of unemployed which subject the platform but languidly con- cerned It merely said in effect that with President Roosevelt of the way, this huge problem not how described such would solve itself, auto matically.
 Apart from the provision that both stockholders in industrial corporations and their employees must be educated" and quotations from General George Washington the platform is exposition of "The American System to which it is demanded the Ma ton must return For example The American System offers greater than any other of equality Of opportunity for all men, with rewards in accordance with the contribution of each to the wealth and welfare of the community Again: "The American System (N A Ms capitas) provides the maximum incentive to ability ambition industry and thrift to invention new methods and reduction in costs" And also "The American System has not failed it has not collapsed It lid not break down in depression"
 Furthermore this system demands (a) government expenditures confined solely to the proper and cessary functions and purposes of government this is necessary prevent destructive taxation uncontrolled credit currency infation; (b) currency main- tained upon dollar of fixed gold content Co mita tion of the of governments Supervisory powers banking and credit solely to the purpose of main taning the safety of bank deposits and sound credit structure"
 Probably very few if any of President Roosevelts friends will regret that such opposition is out in the open But when its chief spokesman, President Bardo admonishes the country that industry, much against its will has been forced in sheer self-detense to enter the political arena it is not surprising that editorial commentators all the land should dazedy inquire when his organization has ever been out of the political arena. The memory of the so-caed Muhall congressional investigation of 1913 which obtruded itself the exceedingly busy first year of the Wilson administration seems not to have been dimmed by the years. Nor the extreme arrogance of special session of this particular association held in Wash ngton early June of 1883 for the purpose of outln ing to the Roosevelt Administration just how far it might go but further, in applying restoratives to business.
 And when one of their shrillest speakers, promi nent automobile manufacturer bespoke fears of bur reaucratc socalizaton it is not impertnent to recall that his industry sold five times cars this year as in 1892. Was it unkind when Ben Marsh of the Peoples Lobby inquired: Well, if you know what to do why didn't you do it in l930 1881 1892 and even in 1883 when you beseechng President Roosevelt as you had mplored Hoover in 1881, and while Senator David A. Reed of Pennsylvania bemoaning the lack of dictator?"
 Of course the answer is that Business men do not believe in the illusions set forth by the Supreme Court of the Liberty League in the platform of the National Association of Manufacturers The vast majority of business men doubtless subscribe to the sentiment expressed by the venerable George Foster Peabody T submit that some business leaders doing great harm to the body polite of which they should be ants truly as our officials"