The Nome nugget., 1949-11-18
, Alaska, Friday, November Is, 1949



 (Cties Service Co., "Servce'O
 There is lot of loose talk today about ldeologleS Are you Communist? Take the oath' He is Fas- cst" "The British have gone Socialistic Capitalism is on trial.
 All isros revolve around the savings of people, pressed by the word money" how they shall be used and by whom What is money? The dollar bill Tn your pocket is receipt for labor performed. It IS cert- cate it ceres to and all that you have produced that much more than you have consumed It IS due Dill on some other persons labor Its uses and by whom should not be complicated or involved or mysterious
 Capitalism is primarily concerned with putting sav- ings to work It abhors idle dollar It is happy only when it sees that dollar in overalls Happier when It sees that dollar reproduce itself and become two dollars
 Dollars are as temperamental as people. Ii you don believe it. consult the dollar in your own pocket ASK It if it wants to hire itself out and to whom and for now much dollar naturally wants to work. It knows how it into being through someone laoor Lapor that is and not twilight sleep. .y.y .--,.... a !;
 A captalisc system arranges for all this 1t sets up hiring hall where dollars gather look over the help wanted" on the bulletin boards and pick out the jobs that appeal them If the job carries the risk of losing both wages and lfe the pay has to be commensurate 10c 15c year more It becomes share ot stock
 partner in the risk If the job is safe one and the dollar is not in the mood to gamble, it will work year for penny or two It becomes bond, creditor Ot the enterprise.
 The point is that under capitalism is free dollar
 Under communism faSciSn, socialism, totalitarian- ism the dollar is not free The State drafts the dollar
 
 charge of the State decide Furthermore, 1t seldom, Ii ever has the opportunity to reproduce itself when eX pended by the State No selfrespecting dollar likes to be an expense dollar it wants to multiply itself through investment The State dollar is most unhappy dollar because dollars like want to be free As part and parcel of free people, ambitious to get on and up in the world they most enjoy what all pray for, an expanding economy.
 Isms determine who controls and spends the savings of individuals Those who oppose capitalism do it in the of the people They call themselves friends of the people, Yet the greatest test of riend of the people is this Has he such faith and confidence in them that he is willing let them allow their dollars to make and correct their mistakes Friends of the people will never admit it, yet they really stand for static society They want neither profits losses Nothing ventur- ed nothing gained" has never had better application by by capitalism. @ .. %
 There can be real freedom of individuals unless dollars are free There can be no expanding economy for America unless dollars encouraged to hazard their own lives in untried fields Millions of small savers collectively do better job of putting their dollars to work than political mentors and managers It well for us to remember that America is what is today be- cause alone of all the countries of the world have expanded under those Siamese twins, political and homie freedom.
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