Show Divergent Views Greet Gold Decree nr United Press The supreme courts court's gold decision met critical attack today from Crom James M. M Beck former Pennsylvania Pennsylva Pennsylva- nia representative and one of or the foremost constitutional authorities The majority opinion may prove as fateful as the Dred Scott de decision decision do- do cislon Beck said as it may le lead d to social conflict of oC interests be between between be- be tween the debtor and creditor classes for apparently the door Is Isnow Isnow Isnow now open to congress by devaluing the dollar to any point to relieve the debtor of ot his obligations This may serve a temporary purpose purpose purpose pur pur- pose to bring bring- about recovery but in the long run it can only mean mrian the Impairment of or public and private credit upon which an any true recovery recovery er ery must depend Other comments were PROFESSOR IRVING FISHER If It had gone the other way it would have hav Increased the debt burden bur bur- den What we need is a dollar constant constant constant con con- stant in purchasing power We Ve can never get that with the gold standard standard stand stand- ard I think it Is In the interest of ol economic justice NORMAN fAN C. C YOUNG UNG plaintiff in lathe the gold suit uit regarding private I contracts This This' gives notice that the government can depreciate the value of or money to any extent It is isnow isnow isnow now possible for congress congre to print vast quantities of or paper money and potentially to destroy the value of past promises J. J F. F T. T OCONNOR O'CONNOR comptroller of ot the currency The last obstruction obstruction obstruction tion on the road rond to recovery has been removed removed- The decision of oC the thes s sup supreme u p r rem e m e court immeasurably strengthens the confidence of ot the people in the American government In our ocr country human happiness has always been superior to private property rights Every person was wag charged with notice that congress had tho the right lo o fix the standard value of ot our 1 currency and every every purchaser of ot a government bond charged with no no- tice that that suit could not be instituted against the government without ita its its' consent The e decision cannot be be construed as a. a partisan one PROFESSOR O. O M M. W W. p SPRAGUE former adviser to the Bank of ot England General opinion I Ih is h falling talling in with the feeling that thad the constitution cannot stand in the way of oC major policies Bondholders Bond Bond- Bond r holders have not been damaged bj by by bythe the supreme court decision y f r |