The people's voice. [volume] (Helena, Mont.) 1939-1969, 1945-07-27
How America Can Strengthen
Continued from Page one)

How America Tan Strengthen
Continued one,
domestic economy which sound foundation for the
operation of Economic and Social Council
third step America could take to tackle the issue OF
prices country Our corporations have de-
veoped conception of full volume out put and narrow mar
gins They become the adapted to restrictive
policies and high COSTS Our distrbutve system still pm
Through high capitaizations of patents price
maintenance practices and abundant advertising have
maintained highly artificial price structure There is little
evidence that this structure will be abandoned AS phase
this structure high valuations of land have been significant
1t is not to write formula which will lead private
corporations from their eng Mere words of counsel
enough Price controls apt to be unavalng de-
spite expressed intention pare dsrbuve costs dur
ing the period of reconerson Corporate power is too great
Instead have reforms, drastic reforms We must
up patent system prohibit the of patents
patent protection to be granted We must make udicous
of taxation to absorb land values and monopoly profits
We must genuinely prohibit restraints of trade Then too we
not substitute industries by bounty to support
a declining segment of our economy
While governments subsdize exports to compensate
higher domestic costs this does not onduce to international
amity
by outlay of $500 900 10 years4
by direct federal grant, and two billion by credit
aperng off the subsidy cotton gradually and converting
low-yield cotton farms to other farm production.
The sponsors assert that adjustment of cotton prices
downward would cost estimated 1888 million five
years. and that teps to be taken to shift 100000
engaged in farming in the South into nonarm jobs
AS the proponents admit
'n the pricing itself of the
market for product that depends the world
ket for its principal outlet
Reducing production world that has had
enough of the essentials of fe effective to
gain and maintain
A. America initiate steps for international controls
many segmens of the worlds economy and ALLEGATION
of basic materials and of markets
creation of the United Nations Food Agricultural
Organization the International Bank for Reconstruction
International Sterilization Fund should be supplemented
to strengthen the Economic and Social Council
Similar agencies should be created
(a) to nations not only of equal to
materials but of fair erma quite different task
O to allocate the markets of the world and foresta the
mad scramble of major and some minor nations for CONNER
cial supremacy-a pregnant provoker of future
(c to allocate the borne and air borne commerce
of the world.
Pearl Buck, discussing America Empre? "This
Month" March 1945) writes:
"Do Americans to rule? No. not yet. We only
want to trade But what must realize is that trade has
always been the forerunner of rule
"The whole history of imperialism follows the pat
trade, conquest empire.
he peoples of Asia today frightened ever
If Empire They the world of tomorrow committed to
not only the empires they know of Britain France
and Japan, but to potential empires.
Zone of them the United States country the nation
hat belongs to the American people.
"It is quite possible that may be building empire
without knowing it."
only the peoples ASIA Africa and of Central
md South America and perhaps Europe-"are fright
med than of Empire
5. Ending racial discrimination America would be
east psychological strengthening of the council Of
mportanceand certainty would not cost casha
of great weight for nation facing 1925 billion
government debt.
Can America play the part it should in the Economic
nd Social Council under scarcity profit competitive system
At best under such system its support will be restricted
The next few will give the and determine
whether the American people, whose homes have been
bombing whose strategic targets intact prize
eace enough to exchange profits for it.
We in America must realize that the major nations with
"The whole history of imperialism follows the pat
nder form of state socialism state control In many
the transformation will be compete-a in Russian
Their partial
The international relations of the world will be shaped
this fact Inevitable conflict must result if seek to
anarchstc private international relations while other
ountries operate of effective governmental
social ownership. The question is whether can long
0nnue should long continue we too
need minimum effective governmental control
Will America be wiling to pay the price for such inter-
ational To