The Waterbury Democrat., 1938-04-13

tor of Catholic Rural Life. Dr. O'Hara has done much research and organizational work in connec- ton with credit unions, and is at present chairman of the Parish Credit Union national committee.
 Henry Somerville, who will give the final discussion on insecurity entitled, Remedies Offered by the EncyclicaT'. presents a colorful ca- reer. A native of England, he started work in a factory at the age of 13, and before he was out of his teens had started what is believed to be the first Catholic social study club of working men in Eng land. At 21, he went to Ruskin col lege, Oxford, which is considered by the British labor movement. He has worked in various capitals, inn cluding Moscow in Soviet Russia.
 Finance, Credit
 The sectional meeting on finance and credit will have as it's speakers the Most Rev. Karl J. Alter, bishop of Toledo, and assistant chairman of the social action department of the National Catholic Welfare Confer ence; the Rev. John F. Cronin, pro- lessor of economics at St. Mary's Seminary, Baltimore; Malcolm Bryan, vice-governor of the Federal Reserve bank at Atlanta, Georgia; and R. Dana Skinner, vice-president of Townsend Skinner in New York.
 Honorary chairman for this ses- sion is Bishop Alter. Father Cronin will speak on "The General Con- trol of Economic Life" When Father Cronin was assigned to teach eco- monies at St. Marys Seminary, he found that he had pioneers job ahead of Him, for this was one of the first full length courses in eco- monies to be given in an American seminary. He aimed at teaching course which was at once realistic and in accord with the encyclicals, and the result of this was a text book, Economics and Society.
 Malcolm Bryan will speak on "The Management of Money and Credit" In this second address on finance and credit, he will discuss the ideals and practices of the Federal Reserve bank.
 Money Credit
 "The Management of Money and Credit (Other Inf1uences)" will be the subject of MT. Skinner's talk. Besides being vice-president Of Townsend Skinner, he is adviser of several New York savings banks on bond investments and money market conditions, and edits Money Market Measures, weekly publication. He is author of recently published book entitled Seven Kinds of h. flation.
 Youth in Industry promises to be one of the high lights of the sec tional meetings. The member of the hierachy who will act as honor ary chairman is as yet unnamed. Outstanding among all youth lead- CTS are the three who will address this meeting. They are: Dr. Homer P. Rainey, director of the American Youth commission; William J. Campbell, state director of the N. Y. A. in Illinois; and Rev. Vincent Mooney, c. s. C., director of the Catholic Youth Bureau of the Ma tional Catholic Welfare Conference, Washington.
 Dr. Rainey will discuss, "The Present Position of Youth ill h. dustry". The American Youth com- mission of which Dr. Rainey is di- rector, is a non-goVernmental agency that is studying and plan ming a comprehensive program for the care and education of Ameri- can Youth. In collaboration with this commission he has recently written a book entitled, How Fare American Youth?", which is con- pilation of the results of the. re- search which has been done by the commission. Before becoming direc- tor, Dr. Rainey was for four years president of Bucknell university in LeWisburg, Penn. Here he earned a national reputation among educa- tors for sponsoring modern type liberal education program in which the arts were given a prominent part.
 "The Improvement of the Eco- homie Stateus of Youth by Govern mental Agencies" is the title of the paper to be read by William J. Campbell Before becoming state di- rector of the N Y. A. in Illinois, MT.