The Waterbury Democrat., 1937-10-30

flee their political rights and iber- ties in favor of any kind of collec- tiveism. They prefer to eradicate usury and preserve their rights and liberties.
 On the other hand while Hoover ism and its modern capitalism is gone forever, it is more apparent than ever that we are steering pell mell into the ditch of New Deal Communism which has done every thing within its power to destroy our Constitution, our love for law and order, and our social liberties, as 1t bends over backwards in preserv- ing intact the private coiners of money.
 In other words, the followers of Social Justice are in the middle. On the extreme right are the modern capitalist and on the extreme left are the New Dealers. Both of them appear to be hostile to our views.
 Believing that the so-called mid- dle class in America are dissatisfied with both the extremes, it is neces- sary for the followers of Social Jus tice to take council together and pursue the 16 principles for which we stand.
 That is why it is necessary to es- tablish and organize under a com- monship, as together we wash our hands of all politicians. Politicians by the way are interested only in their salaries, and in keeping their jobs by following the majority of the people. They are not interested, ex- cept on rare occasions and in few instances, in sacrificing their pat ronage, their salaries and their po- sitionS for what is right and con- stitutiona1 and Christian. {,
 Since the Supreme Court issue has arisen, it has become evident to a multitude of Americans that the warnings issued by the Rev. Charles E. Coughlin were not idle. Twelve months ago, it was incredible to be- lieve him when he maintained that New Dealers had Communistic tend- encies and were affiliated to Com munistic leaders. Twelve months ago the most ardent supporters of Father Coughlin actually wiaced when he was prophesying industrial disorder and general strikes.
 Twelve months ago Father Cough lin was rightfully regarded as a pessimist when he was pointing out the dictatorial tendencies of New Deal leaders.
 Time has proven the soundness of these assertions. Time has also proven how futile 1t was for the New Deal to bring back prosperity through program of destruction. Time has clearly demonstrated that there can be no prosperity without financial reform.
 The present administration has attempted everything under the sun to bring about prosperity, except to restore to congress its right to coin money and to insist that the Congress regulate the purchasing power of the dollar. Until this finan- cial reform becomes an actuality, @ million social reforms will be worth- less.
 Today the world has come to the end of an era. The industrial age has revolutionized the conditions of mankind. Labor can produce easily more than man can use for his preS- ent necessities according to the economic set-up in vogue. The old tools and the oil and gasoline that made the economic motors spin up to 1929 can no longer perform the task. Eilaire Belloc noted historian and economist in his book The Crisis of Civilization says "The pro- fits from machines are greater than from the labor of men and women and children. These profits must be distributed as to care for those whose places have been taken by mechanical deviseS."
 Unless this is done-and speedily, the people cannot much longer have patience with an antiquated money system, and laws that do not meet present day requirements. A speedy radical change is imminent in our system of government unless the people, who are the government are satisfied. The government alone, acc cording to the Constitution of the United States has the power to coin and regulate money. There must be enough in circulation to make 1t an effective medium of exchange. The government ean and should eeAn fl sovereign money.
 GEORGE |. AYCTTE,
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