Show SOCIALIST Ideas for Its Is Formulation Outlined Outlined Out Out- lined at Meeting of State Committee fAt At f a n general meeting of ot the time Socialist Social Social- Sat hat pi party parly rt of o th the state ta held helt yesterday t afternoon In the Federation of or Labor I hall 1101 it I was Vat decided to leave C 18 the unto date datt jf Jr f th thin state tatt convention con enton to the state Thi TIl basli hAI of or political I ac acIon action atlon at- at ac- ac Ion tion lon anti and ant unity upon which that meeting meet mt- Lug ing ilg should draft a program was ns out- out hued In a paper read by hr Murray ura Schick In which he advised ad democratic ownership o and management of or natural Oh monopolies I los Mr r ShIck paper outlined R as Ih the basis sli o of the Socialistic th the municipal state ate and ant national ownershIp ownership ownership owner owner- ship o of both the thC natural monopolies and ant th the monopole monopolies cr created by the elimInation of fr If competition which controlled con con- trolled rolled rolet the necessities of life fl The management of oC these Industries wa was Wa iU to be bl vested tested In 11 boards of directors elected b by and anal re responsible u tc I Ih the people and In a managerial official orl- orl cial Jal to be bo elected by hy these directors a 8 form om of if administration It I was WS maid Id which experience hail had et approved To Tu Eliminate Profit Profit- The Flit hl In iii Industries were to be bt guaranteed the right to or or- for political purposes and rr te ote ott for or th the directors of or the Industries Prices PrICA were to tn be bp dictated by tIme the relations rela rela- lions lons of oC supply and ant demand and anti nfl d deemed emed an Indication of or under under- to be remedied I by the reinvestment reinvest mont ment of or those profits In Increased production until th the he stimulated supply sup sup- Vi ply imly should cause au e the tIle cost and ant the hi thE market price to balance balane A pro tax lax on OD all ni articles of or luxury was vas also als suggested for fur the r discouragement ement of or the Oi dispersion of or capital for Cor purpose o of personal aggrandizement and t if I force Corce mone money into the thC marl market c and thereby lower the lie Interest rate on public pub pub- lie lic lc bonds The TIl Socialistic tc or organ an th the Crisis was wa endorsed and voted 60 I CO 0 A delegation of o Socialists from rom Og- Og iTen consisting of or Joseph Maclachlan J 12 E. A. A Buttell and auth ant Grant ant win wn present I ami stayed fur for I the th evening mp meeting n of the time Industrial Workers of 01 the World |