Evening star., 1939-07-10
Lauck Urges
u. 5. Control
Of Industries
Necessary to Avoid
Crisis, Virginia U.
Institute Told
BY the Associated Press.

By the Associated Press.
CHARLOTTESVILLE, Va, July
l0.-An economic adviser to c. I. o.
Chieftain John L. Lewis argued to-
day that Government regulation
and control of the Nations basic
industries under program of eco
nomic planning within the Frame
work of the present business sys-
tenn is necessary to avoid Nation
wide crisis and collapse.
William Jett Lauck, who also is
acting chairman of the National
Policy Board of the American AS
sociation for Economic Freedom,
told the University of Virginia s
Institute of Public Affairs that such
affirmative action by the Federal
Government was a necessity be-
cause I'VE have found voluntary
action by industry and finance to
be futile in the past"
He declared there would be "a
crisis much more serious than that
of six years ago" without immediate
and constructive action.
"On the one hand" Mr.. Lauck
stated; I'VE have the leaders Of
our old system of banker-finance-
capitalism using their great powers
to re-establish pre-depression con-
ditions so that they may resume
their unenlightened and disastrous
dominance over American indus
trial and political life.
New Deal "at Dead End"
"On the other hand, we find that
the New Deal so far as funda-
mental constructive policies are
concerned, is at an lnpasse. It's
condition Is not one of stalemate
or defeat. Its activities are pro-
digious, humanistic, inspiring and
reformative. But it has come to
dead end in that it now has Moth
Ing fundamental to offer which en-
ables us to envision a future in
which there will be assurance of
unemployment, economic we'll
being, and genuine democracy"
Another institute speaker, Wen
dell Berge, chief of the appellate
section of the antitrust division in
the United States Department of
Justice, expressed the belief that a
vigorous policy of antitrust en-
forcement" would stimulate business.
Mr.. Berge contended that such q
policy would break the log jam that
is choking us with our own wealth,
free channels of distribution and
pave the way for full realization OF
our productive capacity"
A third speaker, Thomas C. Blais-
dell, jr, chief of monopoly study
for the Securities and Exchange
Commission, said that when the peo-
pie of the Nation have learned to
use their savings, I'VE shall have
found one way for the lower third
of the community to produce the
goods and services which it needs"
New outlets for the use of savings
by private industry and by Govern
ment must be found. Mr.. Blaisdell
said. IF we fail to find these out
lets, then the danger is that our
savings will be lost. If they are
not to be lost, then they must be
used currently. If we cannot invest
all our savings and do not want to
lose them, then we must find ways
to consume them" he added.
The Rev. John F. Cronin of Balti-
more said last night that to preserve
and foster democracy the church
must first probe the cancer which
seems to be corroding modern soci-
ety. and then apply such healing
remedies as lie within her sphere.
Speaks at Vespers.
Speaking at vesper services which
launched the Institutes second week.
Father Cronin, professor of econom-
les at st. Mary's Seminary, stated,
There is sound reason to believe
that democracy cannot survive un.
less the grave social problems of to-
day are solved"
He pointed out that the church
had a real interest in safeguarding
democracy, since men who are free
In politics are likely to be free in
matters of worship. A slave state
usually has slave religion, if any
at all is permitted.
Another vespers speaker, Dr. Rus
sell j. Clinchy of Hartford Conn,
declared that people are best stirred
to action for the maintenance of
freedom by the impulse of re-
ligious conviction"
Presenting the Jewish viewpoint
Of the vespers topic, the RESPONSE
bility of the church in a democracy"
Rabbi William Braude of Provi-
dence, r. l., declared:
For 1000 years Judaism has been
q non-political religion. The syna-
gogue has seen monarchies, aristoc-
racies, the sporadic dictatorship of
men on horseback, but in the end
we feel spiritually most at home in
the bosom of democracy"
Domestic Problems to Fore.
Emphasis at the institute will
shift this final week from foreign
affairs to domestic problems, but
attention will be given internal
conditions in some foreign lands,
especially as they relate to religion
and education.
High lights of the week will in
clude addresses by Maj. Gen. j. G.
Harbord and Senator Robert A.
Taft of Ohio, and a round-t table
on the position of the individual
in rival political systems" under
the sponsorship Of the 186th and
18th districts Of Rotary Interna-
tional.