Milford chronicle., 1949-08-12
Theories Not Wanted

conditions that inevitably follow
the destruction Of an all out world
war is a definite knowledge as to
what the nations economic sys-
tenn Of the future is to be. We must
know definitely whether we are to
continue on the private enter
prise, profit system, or to follow
some form Of socialism that has
engulfed practically all other ma
tions of the world.
What we may call such q
system, whether socialism, ma
ti0naiizatiOn, cOmmu n s m,
fascism or human welfare, is
Of small moment. All Of such
represent government plan
ming, government operation.
RECOMMENDATION and an army Of
governmental bureaucrats 70
be paid.
If our private enterprise, profit
system is to continue, it calls for a
continuous flow of new capital into
industry, transportation, finance,
utilities, merchandising, all of
which represents business, big and
little. That new capital is not, and
will not be, forthcoming so long as
the fear of socialism continues to
exist in the American mind, de-
spite the fact that the savings Of
the American people. represented
by cash or its equivalent, is larger
to-day than at any time of our ma
tional history. The people are not
investing their savings, and viii
not, so long as they fear the TAX
ing over of business by a socialized
government.
In his public addresses,
other than some Of a purely
partisan character, President
Truman lauds the private en-
terprise system, and insists it
must continue. In some parti-
san political addresses, and in
most of his demands for Iegis-
latiOn, he turns quite definitely
to the left, ard If congress
enacted the demanded legisIa-
tion-as is always possible that
1t may-we would be embarked
on a sOcialissic road, regard
less Of the name il might be
given.
Personally, I am convinced that
his public, non-partissn addresses
represent the presidents lean
ings, that he is for private enter
prise; that his partisan addresses,
and his demands on congress for
legislation that would lead to
socialism are the products of
Socialisticly inclined theorists en-
ployed as presidential advisors. So
long as that situation exists there
will be a doubt in the minds of the
American people, and they will
hold onto their savings, and not put
it to work in American business.
To-day we do not need to accept
theories. There is an abundance of
opportunity to secure the facts as
to the operation of socialism as a
national policy. The best source of
such factual information is Eng
land. She could tell us in definite
terms of what socialism has ac-
complished for her people.
Some may guess at the result,
but guesses do not dispel fears, or
change the thinking or the efforts
of the theorists. What we want on
which to make a decision for the
future is definite and factual in
formation secured by those who
are interested only in the best in
terests Of the American people as
a whole. We do not want to seek
merely proof Of theory, and the
people would not accept as con-
elusive any findings presented by
group Of socialistic theorists.
The president could name q
commission instructed TO re-
port on what has been accom-.
pIished under a sOcialistic syS-
tenn in England. Such a COM
mission, whose findings would
be acceptable to all the Ameri-
can people, should consist
of men Of the type Of
Bernard Baruch, Herbert
Hoover, william Jeffries, and
others of that class. Their state
mentS would be accepted as
meaning what is best for all
the American people and not
made for the purpose of either
proving or disprOving theory.
Then, and then only, can there be
a definite decision as to our eco
nomic course. Such a decision
should, and would, stop the weasel
words that befuddle us to-day.
Some may not like the decision,
whatever it may be. but it win be
definite, and we could plan for the
1uLuIe, WHICH we CdluiOL oO so
long as the surreptitious effort to
change us over to the socialistic
road continues.
If we are to forsake the ways Of
the past, and adopt socialism as
an economic system let us do so
openly and honestly, not through
the back alleys of deceit. II we are
to continue on the private enter
prise, profit system, let it be
known and so remove fear.
Under the present wasteful and
cumbersome governmental system