The Omaha guide., 1945-04-21
Does U. S. Mean To Cooperate In Collective Security?
Congressional Delay
Might Lead Other
Nations to Think So.
Saws Christian Council

pays ChflSOIdH So"iiOn
New York city: Pledging full
support o. the Breton Woods None
tafv Agreement. the United Christ
ian Council Tor Democracy today
warned churchmen over the nation
that Indefinite delay in Congress
ionaI approval might lead other nat
ions 10 conclude that the United
States does not really mean to coop
crate in "A fun program Of collective
b security.
Calling the dual international plan
..au absolutely necessary foundation
stone in the structure ~ world CO.
operation We must build the Coun-
ell declared that the Administration
and the leaders in Congress have
placed the issue in the hands Of the
people Of the country TO decide.
oMemtars Of Congress haven't heard
enough from home the Council
says so that April 25 and San
Francisco draw near with this nat
icn.s atSitude on Breton Woods still
IN doubt. TT Is urgent hat the mill
""
.9lions Of American citizens. realiz-
ing that an extensive and reliable
world trade Is essential to full en-
pIoyment and economic security at
home and abroad should quickly ex-
press their support 81 the Fund and
Bank ~ their representatives in the
Congress"
The Council has sent to 1000
3 church leaders over the nation a
statement of the pros and cons of
the world monetary proposal from
the religious viewpoint drawing a
conclusion in favor of both the Fund
and the Bank. The statement notes
the criticism 81 the Fund now cur
rent among certain Of the bankers.
who argue that IL u a new and I'M
tried proposal and very risky bus
mess for the u $. The Council con-
tends that the real reason for the
opposition TO the Fund on the part
81 some big bankers more nearly
revolve around the apparent fact
that under the operations 81 the
Fund they are likely ~ have less
voice. indeed. less control thar for
merly when in combination with
financial and governmental interests
OF other nations. IL has been possible
10 direct adjustments in currency
exchanges 70 their own advantage"
The object ~ the International
Monetary Fund. say the United
nNa..W4n. Eau...HN Fww nannnnnnnn
churchmen. is 10 eliminate the econ
omic warfare OF the past which has
been waged with the weapons Of in
ternational exchange. II is main
tanned that "unscrupulous manipul
aeion" Of currency in the past has
put unearned profits IN the hands o.
the few. tending in the long run,
F., however ITO restrict the flow Of
> trade and thus to depress the living
standards Of the majority Of the
people in any nation which. for n
reason or another. permits a deval-
uatiop OF its currency. Gould any
thing be more unsound than a return
70 the practice Of the Thirties7 BY
these munipulatave strategems for
'profft' war became inevitable Yes
terday and. II continued. viii be in
evitable tomorrow"
In urging progressive churchmen
To communicate with Senator'S and
Congressman asking immediate rati-
fication by the Congress of the
Breton Woods Agreement. the
Councils report concludes: "As
Christian citizens we recognize the
solidarity or the people 81 all nations
1t cannot be well with any Of us un-
I'll il is well with all OF us. The deep
scars Of an spaflingly devastating
war may hardly find complete heal
ing IN our time. But surely a con-
siderable healing for the nations is
10 he found in world cooperation
which restores financial stability
and makes available the
for material reconstruction where
ever there is need
The six national unofficial church
organizations cooperating in the
United Christian Council for Dem
ocracy are: Evangelical q Reformed
Council for Social Reconstruction