Milford chronicle., 1952-07-04
BOTH SIDES OF THE STREET

know that Congress has taken the lid off
they will know that there is no way to hold
prices down."
Of that view, the New York Times said
editOraly I'm our opinion, this is just one
more example Of the Administrations tech !
nlque OF playing both sides of the political
street while loudly insisting on the main
tenance of price-wage controls, the Admins
tratlOn has been steadily reversing it's anti
imitation policies in nearly every other area
Because the Administration has failed to as
sumo any real leadership in averting it we
are now moving into a period of renewed
budget deficit. The debt-management pro-
gram has been cOrrespOndingly unrealistic."
II anything can bring on ever-spiraling
imitation it is fiscal responsibility and waste
in the Federal government. We have suffer-
ed that kind of irrespOnsibility and waste for
years, and we're still suffering it. The Ad-
ministratiOn has fought tooth and nail against
every effort to make substantial cuts in the
budget. 1t has held with death-grip to it's
drunken-sailOr spending philosophy.
AT various times, attempts have been
made to blame imitation on manufacturers,
retailers, farmers and other groups. These
efforts have resulted either from ignorance
OF the facts-or are part of planned cam
paign to diStOrt and conceal the facts Gov
eInment'S sins of omission and commission
have been primarily responsible for cutting
the value Of your dollar in half And if some
top government men have their way, it will
be cut still more.
OBSCURING BASIC PRINCIPLES
A great deal of the debate over the pros
and cons of the price control laws has been
confined to whether or not retail prices would
rise if the restrictions were abandoned. Ad-
vOcates Of continued controls say prices would
go up-OppOnents of controls believe there
would be little if any change
This argument over possible price trends,
ununfOrtunatey, has tended to hide the. far
more important long range principles which
are involved. The cOntrOls-which simply
represent an effort to run our complex ecOno-
my by political fiat-are a disease which at
tacks the vitals of the free enterprise sys-
tenn of doing things. They are tremendously
costly to businesses Of all kinds-tO say
nothing of the taxpayers who must pay the
large administrative overhead. They diScOur-
age initiative. They retard production Over
the long pull, they always create scarcitieS- -
a fact which has been demonstrated in nation
after nation in both ancient and modern times
But people may ask how can prices be
held to a fair level? That can be answered in
a phrase-thrOugh open competition AS
consumers, we see the working of cOmpeti-
nation is served by hundreds of thousands
of stores. Some are small, some are large.
Some are specialized, some deal in almost
every kind of merchandise. Some are opera
ted independently, some are part of national
and regional chain systems. But all have one
thing in cOmmOn-they are out to get the
consumers business and use every legitimate
inducement to that end. This is the classical
way in which prices are held down and serv-
ice to the public is continually bettered.
THE COMMUNIST GOAL
Whether we will keep our form of repre-
sentative government, or see it change into
something along socialist lines, depends on
how far the voter sees ahead. If we vote for
handouts, feather-bedding, paternalism along
with more imitation, we shall have abandoned
the American spirit We would be pOwerless
to keep the Communists from making slaves
of us, as they intend to do in the long run.
We could not possibly be of help in getting
Europe and Asia to their own feet, because
we ourselves would be beyond help.
The Communist leaders have long been
convinced that internal decay in the United
States itself, coupled with economic depres-
sion, will be one of the most potent weapons
in their plan to destroy the free world In
other words, they look to us to eventually
eide. And that COmmunist-desired goal will
certainly be reached in time if we forget
those qualities, such as independence, indiv-
idual responsibility, and thrift, which made
us great and strong, and follow those who
offer phOny form of security" which would
turn us into wards of an all-pOwerful state
It's a form of insanity to adopt more and
more sOcialist-cOmmunist ideas here at home
while we spend endless billions fighting
aggression abroad Every voter should keep
that in mind when he goes to the polls next
November.
5000
REPUBLICAN UNITY
The most intense 'pre-COnventiOn cam
paign in Republican history is drawing to 9
close. Public interest in primaries and con-
ventiOns has been unprecedented pointing
toward a Republican victory in November.
L.. State after State, voting in Republican
Trin1 aries has CnoaSbod 11royJiO1c ,ooOvdc