Word: keynesism
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Curtain Raiser. At the very least, it will take the financial collaboration of the British Commonwealth and the U.S., on terms that can include others, to bridge the gap between immediate relief and long-term investment and to set the stage on which long-term investment can safely tread. This...
The Keynes plan and, with variations, the White plan would provide every country with the monetary means to start doing international business at once on its initiative and responsibility, leaving long-term capital until later and to other agencies. The Keynes plan provides checks on both debtors and creditors and...
In underlining the responsibility of creditors, Keynes is doing no more than applying to international affairs the daily practice of the salesman who prudently refuses to overload his weak or greedy customers. In treating gold not as a bag of coin to be flung on the counter every time there...
*The Keynes proposals are contained in a 24-page pamphlet obtainable from offices of the British Information Services in New York, Washington, Chicago and San Francisco.
Died. William C. Aberhart, 64, Alberta's Social Credit Premier; of a liver ailment; in Vancouver, B.C. Ex-schoolteacher, fundamentalist radiorator, moonfaced "Bible Bill" Aberhart preached a new millennium, was elected to produce it in depression-ridden 1935. His version of Clifford Hugh Douglas' theories tried to combine...