OUTDATED GUILD SOCIALISM

...Shades of Orage and the other stalwart guildsmen of our youth...

...His suggestion is that we set up a functional body representing consumers, workers, technicians, and industrialists to sit in continuous session to tell Congress the economic time of day...

...The chapter on cooperatives is well worth reading for anyone who does not know the Rochdale principles, and the author's ends are certainly laudable, but I'm afraid it's a bit too late to revive guild socialism in this year of 1945...

...Around the ancient and honorable proposals of the guild socialists he writes a book to suggest that a national minimum family income of $2,800 a year would be eminently practicable and desirable under our present potential of production and distribution...

...Reviewed by McAlister Coleman THE author is a prominent Catholic layman who was the editor of "South American Oil Reports," and "O'Shaugnessy's Oil Bulletin" who proves that you can mix oil and holy water by quoting extensively from the Pope's encyclicals and the reports of the Congressional hearings on a tariff on oil imports...