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Show Dollars of Destiny By Orval W. Adams Otis Walch kindly loaned me a copy of the address ad-dress of Orval W. Adams, delivered before the Pensylvania Bankers Association. Mr. Adams is Executive Vice President of the Utah State National Bank, of Salt Lake City, and a member of the L. D. S. faith; his remarks should carry great weight, and are intended for guidance of his fellow church members. "All sound economists recognize that as the national na-tional debt approaches the national wealth, the freedom of action of the individual diminished, the N control of government increases, the ,demands of government increase, and the possibility of rebuilding re-building private enterprise diminishes. Only statesmanship states-manship of the most heroic kind, backed by resolute reso-lute courage . . can save the American dollar from becoming a post-war casualty . . Success cannot can-not attend our planning if the American dollar is reported "missing in political action." "Parties in power are built and maintained by the common practice of feeding their following out of the public treasury." "There are no labor unions in dictator countries. "We know, and it it the teaching of all history, that back of each and every ultimate uprising of the people looms some gigantic economic terror. "Thepresent administration, in the pre-war years, piled up the largest debt of all history . . With one hand we worked the pump handle, while with the other we wielded the sledge hammer to smash the pump. And we called this priming the pump!" "If at the end of this war, the deficit spenders, the 'we-owe-us boys', are not run out by an angry tax conscious electorate, and if sanity in fiscal matters mat-ters is not re-established, the boys- our boys whe are fortunate enough to return, many with grevi-ous grevi-ous wounds, will have fought in vain. The kind ol government they gave their all to destroy will be entroned here at home, and we (their fathers and mothers) will have broken faith with those gallant lads, many of whom made the supreme sacrifice. "The founding fathers trembled as they antcici-pated antcici-pated the day when the votes of the majority coulc be bought in exchange for alleged economic socia security. "Our group-consciousness has brought aboul group greed. "We have proved that we can be purchased . . by carefully planned doles handed out to us by that great philanthropic agency we call our centra' government. "Let us dismiss any gay optimism clearly intended intend-ed to charm and disarm us. Among the things we must do, chiefly convincing convinc-ing are: "We must make government withdraw from the competitive field against its own tax-pay ing citizens. "Establish a watch-dog of treasury expenditures and, place back in the hands of Congreess all authorization au-thorization for expenditures. "Take and keep alLrelief out of politics. "Our worthy needy must be taken care of, no corrupted. And lastly, Adams speaks of Washington's ad monitory words: "Resist innovation, however specious speci-ous the pretexts. One method of assalt will be to in troduce change in the Constitution, and thus under mine what cannott be directly overthrown. . . . The spirit of encroachement to consolidate the power: of all the departments into one, and thus to create whatever the form of government, a real despotism Adams closes by saying, "Give ear to his fina warning: 'Let there be no changs by USURPATION .... it is the customary weapon by which free gov ernments are destroyed.' The address is a very fine guidance to a peopk who look to their leaders for a course of action; whe look to leaders to point out wrong, and by theii superior means to form judgment, outline to the members what course to pursue which is best foi them. The national magazines are filled each issue with choice war material either in special arti cles on the war front, or in fiction based on the war The material is excellent. We all read them witr interest, and gain much by doing so. The produc tion effort is absorbing; it is right up our alley to gc into mass production. And especially interestinc in this connection are the movie films from the var ious manufacturing plants, given in detail. |