Word: ownerships
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Dates: during 1930-1939
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...London silver agreement (under which the Treasury is now buying all U. S. mined silver at 64.64? an ounce) had been seen. Persuasion. The language in which the President urged Congress to these steps: "By making clear that we are establishing permanent metallic reserves in the possession and ownership of the Federal Government we can organize a currency system which will be both sound and adequate. . . . Such legislation places the right, title and ownership to our gold reserves in the Government itself; it makes clear the Government's ownership of any added dollar value of the country...
...American Economic Association meeting when Professor Rexford Guy Tugwell, Assistant Secretary of Agriculture, took the rostrum, propounded a doctrine which was neither hard nor soft, liberal nor conservative, but from the standpoint of economics bright red. Said he: "We have depended too long on the hope that private ownership and control would operate somehow for the benefit of society as a whole. That hope has not been realized. . . . Private control has failed to use wisely its control of the land...
...personal charm, and the vast panorama of bustle which he conjured up, Mr. Roosevelt has been able to withhold the answer. We do not know whether he plans a reformed capitalism, a government purgation, as it were, of the excesses of capitalistic society, or a gradual accession to government ownership. The first would imply that the evils of capitalism are confined to its excesses; the second would imply that the evils of capitalism are in its essence. The first rests on the assumption that the producers can submit to control by the consumers, whose interest in a low price...
There can be small question which of these ideals is most in accord with the facts of a modern industrial society. But there is a very large question which faces all of us, whether the government ownership which we need for survival can come through the mechanism of elective and parliamentary government. In the United States, the answer to that question must be very clear, and the fact that we have a President who is, as many think, operating on the assumption that the parliamentary mechanism is sufficient does not change the situation, nor abridge the limits which his position...
...unenforceable, and this is the real point. The attempt to enforce it may be an interesting one, and may serve to clarify to our people the issues which the machine has created. But that attempt will mean a degree of control that converges, in practice, with ownership. The end is a great one, but parliamentarism is not the means for its attainment, for parliamentary government does not have the power and sanction to enforce this ban to conclusion. The conservative need not fear Mr. Roosevelt for they can check him at the final point: for the same reason the real...