Evening star., 1949-12-09
Naturalization Called
Short Cut 10 Ruin by
British nam Speaker
" the Associated Press

tSh governments natlonallzatloIl
of industry was described by a
British publisher today as a short
cut to ruin that may lead his
country into communism.
Cecil Palmer told the National
Association of Manufacturers that
where socialism takes hold, even
in its mildest form, communism
soon follows with all its destruc-
tive force"
The Britisher spoke before 5000
leading American industrialists
and businessmen at the MANS
54th Congress of American Indus
try.
Mr.. Palmer is a widely known
British book publisher and the
works of such authors as G. 4.
Chesterton, Arnold Bennett and
Frank Harris have appeared under
his imprint.
He called social security Social
ism's greatest racket"
1T seduces the people into alow-
ing the state to do for them the
very things they should do Tor
themselves" he said.
Welfare State Criticism.
The sentiment was one of the
criticisms American businessmen
have voiced of the welfare state"
in speeches before the NAM dur
ing the last two days.
Speaking on the last day Of the
three-day meeting at the Waldorf
Astoria, Mr.. Palmer called the
national health service in Britain
an Integral part of the socialist
frame-up."
He praised the financial aid Of
the United States and Canada.
without which Britain surely
would meet with unthinkable dis
aster."
This aid is borrowed money
running into billions of dollars,
borrowed from hated capitaliStic
systems which the borrowers are
so energetically trying to destroy"
Mr.. Palmer said.
Identical Twins" He Says.
He said socialism was "the
proper appellation for nationali-
zation" and he termed socialism
and communism identical twins"
At the close Of yesterdays ses-
sion, the industrialists heard Sen
ator Bricker. Republican, of Ohio
call "big government" the greatest
threat to American institutions.
Senator Bricker said "the inev-
fable end is state socialism. a
dictatorship Of the few over the
many.
The Ohio Senator suggested "a
program Of permanent progress"
including such items as cutting
the cost of government; reducing
the National debt in good times,
and reducing taxes to encourage
incentive.
Mcley Hits "Big Government"
Again today a speaker saw dan
gers In "big government"
Raymond Moley. who was an
adviser to the late President
Roosevelt in the early days OF the
New Deal, said:
"The trend toward big govern
ment, with its tenacles on every
aspect of business, has been a con-
slant enemy Of small business"
Large and small business. he
said, exist side by side with no real
threat to either.
Rather" he said, "they COM
plement each other in the complex
life of the Nations economy"
Big business units have pro-
NOTED the general economic vel
fare. Mr.. Moley said. |
Benefit to Consumers.
"Bigness has benefited con-
sumers in scores of lines by pro-
viding, at lower and lower prices,
better and better products" he
added. And bigness has been
good for labor"
DR.. Harold G. Moulton, presi-
dent of Brookings Institution,
Washington. said yesterday a ris-
ing tax load which is making in
vestors unwilling to risk their
capital is Undermining" the pri-
vate enterprise system.
IF current trends are not
checked, the mounting tax load
and the continuance of fiscal un-
certainty and instability will surely
undermine the system of private
enterprise by killing incentive"
he added.
The NAM elected its president |
for 1850 last night after the close
of the secondary session. Claude
Adams Putnam, a small manu-
facturer who began his business
career as an apprentice r1acnin-
list. was chosen for the position.
President of the Marken Ma
chine Co. of Keen. N. H.. plant
employing 200 workers, he became
the second NAM head in success
sion to be chosen from the ranks
of small businessmen.
He succeeds Wallace F.. Bennett,
Salt Lake City paint and varnish
manufacturer, as head of the
NAM, which numbers over $4,000
members and includes many of
the top men in the Nations
economy.
New York Police Break LIN |