The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-10-21
Importance OF Home
Issues Overshadowed
Affairs in Europe, Asa Unfortunately Subordinate
Domestic Problems War Prosperity Feared

companies it, defers further sound
consideration and critical analysis
Of our problems consideration
long overdue, one that Is preemin-
emily vital to our present and future
prosperity"
If foreign developments did not
subordinate domestic issues, the
executive states, "there caarl be little
doubt that this nation during recent
weeks would have experienced a pol
itical rarity; an educational cam
paign along the social and economic
lines rivaling the Jackson-U. s.
Bank, the Lincoln-D Douglas debates,
or the Bryan-McKinley silver issue
Of 1896.
Consider our situation. Our DOM
este problems, and the policies that
we are pursuing or should pursue to
solve them, are of such magnitude
that the value Of constructive
campaign, which would haze pres
ented each side the opportunity and
obligation to state its case fully and
openly, can hardly be over-estima-
ted.
Merely to list some of the matters
that could have been debated is to
realize the enornity of these prob
lens and our loss in not having
both sides of each issue presented.
Among these matters would certain
ly be the following:
The national debt, initiation and
taxation.
Unemployment, its cause and
cure.
National defense, how best to
meet the bill.
Capitalization of government
powers.
The relationship of government
tai powers.
The relationship Of agricultural
prosperity to American progress.
The union labor situation.
Postponing Solutions
"Our failure to come to grips with
situations such as these, our tenden-
cy to look for an easy detour around
these Instructions in the path of
progress, has been responsible for
many of our difficulties.
I'm avoiding the development of a
solution that would benefit many
but possibly harm few, we have
increased the seriousness of the adj
verse effect of our problems to the
point where many more rae poten-
TALLY affected than at first would
have been the case"
Mr.. Heiman notes " vital need
at this time for us to be seriously
concerned about certain tendencies"
These inslude, in his opinion, in
difference to the rising national
debt and the possibilities of initiation,
the changed attitude toward indus
try, the disinterest over centraliza-
ton of governmental power, and the
absence of desire to save, coupled
with general acceptance of artific-
ally low interest rates, without re-
gard to their eventual consequent
ceS.
Basic Viewpoints
Underlying such PHILOSOPHERS
there is some basis of fact" he
says, "but, that modern man has no
power to shape the rough-hewed
ends of destiny is complete denial
Of mans progress to date. The
trends may be in certain directions
but that does not obviate the neces-
sity of observing the usual danger
signs to stop, look and listen. The |
need of challenge is self-evident.
"A credit executive, in Analysing
The credit of our people as a nation, |
would appraiss alacely their existing
Of life, their attitude |
10 problems, as we'll as the tangible
assets and liabilities that appear in !
The American balance sheet. He |
would know that the existing phil
'sophies and attitudes to today will
determine what tomorrow's balance
sheet will be-"