Show Editor lilor Sums U Up Causes Leading to De Those who now object ob ob- so vociferously to the economic planning and industrial control schemes being launched by the administration administration ad ministration seem to have forgotten what caused the depression slon if H they ever knew The National Economic league set out three years year ago to learn the genesis of that disaster and called on a group of ot authoritative leaders leader for their opinions The cause that polled the largest number of ballots bal hal lots was lack of over all planning and between cn production and co consumption Other causes that stood high in the voting were over over- speculation o ion of credit supply and distribution of or gold un un- stabilized currency tariff legislation legisla tion inequality in distribution of ot income in come defective political and economIc economic eco eco- eco eco- systems etc The latter latler causes may all be embraced embraced em em- braced in iii the inclusive all heading lack of ot over-all over planning We have been too long at the mercy of ot the called so-called business cycle and there has been too much readiness to submit sub mit to its heights and ab abysses as some sort of at nat natural ral law Jaw But with each turn of the cycle coming with greater intensity It becomes obvious that ca would be the inevitable result re reo sult suit if the process were not brought under control Such reconstruction for the future and not merely recovery recovery recovery ery for the pr present sent is 15 the time long goal of the new deal It Itis 45 well to remember remember remember re re- re- re member these thin things to 10 reflect upon the conclusions reached by the economists econ econ- in 1931 that we may understand understand under under- stand what the recovery program is intended 1 to do St. St St. Louis Post Post-Dis patch |