THE EDITOR RESERVES THE LAST COLUMN
The Editor Reserves The Last Column THERE isn't any fun in "I-told-you-so's" these grim days—not when some of your worst forebodings take on the flesh of reality. For several years now we of The...
...Acting with Clayton, former head of the world's largest cotton firm," Pearson wrote that night, "these two [Morgan men] have virtual final word over what is to become of U. S. Government war plants that have cost the taxpayers millions...
...Roosevelt's top men on postwar economics, has installed in the White House with him two J. P. Morgan & Co...
...Issue * * * ABE FORTAS, the brilliant young Undersecretary of the Interior, did a neat job the other night in summarizing "the basic issue between our generation and [the] apostles of negation...
...or whether we shall put our faith in a policy of no action, hoping against all the evidence that the blind, artificial processes of the market place will somehow this time avoid the disasters of widespread unemployment and destruction of capital which are the seeds of fascism and communism...
...Associated with Mr...
...Villard makes so clear on Page 5 of this issue, neither of the old parties offers the people of the United States a meaningful choice in terms of basic action...
...Don't worry too much," they're saying, "about unemployment at home, or miserable housing, or industrial monopoly, or corporate agriculture...
...Fortas' speech I found in Drew Pearson's column a report that Will Clayton, the ex-Liberty Leaguer and millionaire cotton broker, who is now one of Mr...
...and Robert M. Gaylord, president of the National Association of Manufacturers...
...Amplifying the peace policy of revenge which has made his name synonymous with a harsh settlement of dismemberment, the noble lord warned the Allied world against any soft treatment of the conquered Germans, all of whom he believes to be little Hitlers...
...For several years now we of The Progressive have been brooding out loud about the possibility that absorption of liberals in blueprints for a world state and plans for an international police force might permit the hard-shelled reactionaries to write their own ticket on the crucial domestic front...
...I think that Fortas has here caught the underlying issue of postwar America, but I find it difficult to follow the political tail he tacked onto his kite...
...Frankly, I find it difficult to get excited over the prospect of the Democratic Party's marshalling "all our strength and skill and resources" with a former Liberty Leaguer and two Morgan underlings wearing the marshals' hats...
...Fortas' chief, Harold Ickes, has well pointed out, the disposition of these war plants is one of the most critical of all postwar problems—one whose solution will go far toward determining the shape of America's domestic economy...
...Twelve per cent were undecided...
...Aldrich are Thomas J. Watson, president of International Business Machines Corporation...
...Eric A. Johnston, president of the United States Chamber of Commerce...
...The issue he said, is "whether we shall actively and vigorously marshal all of our strength and skill and resources and, using the unexcelled tools of our constitutional democracy, put them to work aggressively to meet the problems of today and tomorrow...
...Contrast * * * FROM Denham Place Castle, in England, Lord Robert Vansittart, foreign diplomatic adviser to the House of Lords, hurled another thunderbolt at the Germans last week...
...Pretty slick, isn't it...
...He was speaking before the Affiliated Young Democrats of New York, and he found it convenient to identify the Demo-cratic Party as the champion of the good and the Republican Party as the custodian of the bad...
...It declared that unemployment is an international problem and that corrective measures and programs that are "only national in character" are bound to "fail of their purpose unless they are adjusted to the international economy...
...They were asked this question: "If the people in Germany had their say, do you think they might surrender sooner if they thought we would help them get their peacetime industries going again after the war...
...An Associated Press dispatch last week brought double-barelled confirmation that the Tories are up to precisely the tricks we've been imagining...
...The dispatch announced the formation by Winthrop W. Aldrich, chairman of the board of the Chase National Bank, of a committee to deal with postwar economic problems...
...Here in the United States, a poll by the National Opinion Research Center showed that the people—the people who do the paying, the fighting, and dying when the policies of the Vansittarts collapse—show a different frame of mind...
...The very day that I read a text of Mr...
...But as Mr...
...A total of 69 per cent answered "yes," while only 19 per cent said "no...
...Now, as Mr...
...These are international problems and their solutions are to be found in the international economy...
...Watch for more and more of this as the months go by, and watch the hard-boiled Aldrich-Watson-Gaylord crowd organize and exploit the real estate and natural resources here at home while they beckon our liberals to chase rainbows in the global sky...
...This committee's opening volley was definitely in the internationalist manner...
...associates (one of whom is listed as a heavy contributor to the Dewey campaign...
Vol. 8 • July 1944 • No. 30
