| OCR Text |
Show I Large Audience Attends Book Review Given By J. Rodney Ashby, Sun. By MABEL JARVIS A large audience assembled last Sunday evening in the county Library Li-brary to hear J. Rodney Ashby review Stuart Chase's recent pub-lcation, pub-lcation, "Idle Men, Idle Money". This book has created a definite def-inite interest among thinking people and is made up of a series of lectures and magazine articles by this celebrated accountant-author, who aims to figure out the processes of government, the power pow-er of capital, the influence of world happenings on the United States, and visualizes how the much idle money being conserved could be put to service in the employment of thousands of idle men. Stuart Chase is recognized for his experience and training. Charged with having brought into use the term, "New Deal", as it applies to present government govern-ment operations with respect to the unemployed, since he used that term in one of his magazine maga-zine ' articles, the author through his book clarifies his stand unflinchingly un-flinchingly as to the measures brought into use by the present administration with respect to the unemployed. He says this is the bow of Economic Systems to the Power Age and insists that no matter who is the next incumbent, in-cumbent, this work must carry on. This is a means whereby mankind labors to the end that all may eat with more peace of mind. With reference to the Federal budget over which many worry lest the coming generation cannot can-not carry the heavy load, he makes direct statements that this budget system is not nor ever can be a capitalist system. The per capita debt of the United States, he says is far lower than that of European major powers. He describes this federal budget system as being like a house or a manufacturing plant or a toll bridge, which though it may be charged against the earnings of the year in which it is constructed, construc-ted, will of itself through its activities ac-tivities work out its own cost, and is an asset and not a total liability. Luxuries of a quarter century ago are today's necessities necessi-ties and conditions must be met. But when capital backs down, governments must move up. When private individuals or companies spend on projects, that is called investment but if government does likewise, that is called debt, and people go into excitements over the expenditure. And so on. Throughout the entire hour, Mr. Ashby held the close interest of his audience who could see present pres-ent programs in a new light under un-der Stuart Chase's explanations. The next book review will be in two weeks by Ellen S. Bentley. |
