The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-05-25

essential TO social progress.
As n result, we are right back
where we were prior 90 1916.
and again faced with the prob
lem Of centralized political
power.
And we know that these
policies Of the New Deal, whether
labeled liberal or 'reactionary.
have not worked. and will not
work. for the reason that they
violate the nature of the produc-
tive system which we have built
up in the United States.
why. then. did the New Deal
adopt their policies of restricting
production and raising prices :?
Because they adopted a defeatist
attitude. Because their leaders
began with the assumption that as
far as private enterprise was con-
cerned. the possibility of sustained
expansion was at an end.
Suggests Policy
AS against this defeatist at
titude of the New Deal. what
should the Republican position be ?
In the first place. the conception
of a limited outlook for American
enterprise, and the reactionary
policies OF economic restriction
should be decisively rejected.
THE Republican party
should take the position that
American enterprise can ex-
pand more, offer more In
yestment opportunities for
savings, provide more jobs for
workers In factories and on
farms, and create more profit
able outlets for the energies
Of the people generally In the
next s5 years than u did In
the 25 years before 1929, II
too many hurdles are not
thrown In the path by public
policies Of government.
None of the reasons back Of
the New Deal contention that our
private economy has matured past
the possibility of further expan-
sion, stands up under examination.
Entirely 'Defeatist
ION all four counts. the New
Deal conception of a limited and
lessening future for enterprises Of
American people Is defeatist and
In defiance of the facts.
IF this conception OF the
American future il permitted TO
go on dominating our national
policy, a sense OF Illustration and
futility will increasingly dull the
venturesome spirit of millions of
Americans who are normally cour-
sgeous and eager to take the risks
of pioneering economic develop
ments.
We must not permit this con-
ception To continue. And that Is
the task OF the Republican party.
Outlines Issue
I'VE believe that the central is
sue confronting national leader
ship today. is that of securing full
employment of the manpower, the
technical skin. and the economic
resources OF the nation.
I'VE believe that such full en-
ployment can be accomplished
only through sustained expansion
of the normal enterprise of the
people. And we believe
that such expansion is not only
possible. but inevitable II public
policy does not throw too many
obstacles In the way.
There are no limits 10 the
possibilities Of American en-
terprise, except the imita-
lions we create by our own
lack Of intelligence and will.
or by falling into . fataiism
Of outlook as the New Deal
leadership has done through
Its misunderstanding Of eco
nomic America
THE starting point Of sound
economic policy for the nation at
this particular juncture is, there
fore, a fact based realization that
the private economy of America
has not come to a dead end, has
not been stricken with creeping
paralysis. but is crowded with pos
sibilities Of fruitful growth and
profitable expansion, and that
these possibilities will more surely
and quickly be realized under a
regime that sccords 10 men the
largest measure of freedom In
their enterprises. consistent with
the safeguarding and serving Of
the common interest
THE only kind Of q system un-
der which people have q decent
chance to realize a sustained high
Of living h one which
permits a free. creating and ex-
banding life. And that Ia the Re-
publican system.
ut may be that eur economy
of free enterprise has not always
justly the relative
II has created. but how
much better this, than the polite
atty dominated economies which
49, -. .A....Aa. - IN 4. A.