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Henry a Wallace — Part 3

100 pages · May 10, 2026 · Broad topic: General · Topic: Henry a Wallace · 100 pages OCR'd
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wa lee ep pease ee Saeed sca be Sere rk kd che OARS at eS ns LCR Not RRP RD UN OE ALT Be BRE NRE ee CL EES BE 6 ot ale A ER Fes eee eee EE et te am a TM ET OR eT _ 6. gD hooked to credit will find it difficult to move fast enough to meet the crisis which is*so rapidly coming on in India. India is threatened by the Chinese Communists from Tibet, and by the local Commmists from within. Read the story on the Chinese Commmists in Tibet in the May 17 issue of the Saturday Evening Post, Aside from Germany and Japan the most strategic areas in the World today are on the southern border of the iron curtain. Here misery marches in its most horrible form. Here the Commmists have their greatest opportunity to preach hatred of all Anglo-Saxons and especially Americans, Here Russia will take over within 10 years without moving a soldier unless we move with far greater speed to end poverty than we are now doing. Those who think our only safety is in force will be proved wrong. Our real strength and safety in the USA has always consisted and will always consist in the principles of the Declaration of Independence and the Judo-Christian belief in the Fatherhood of God and the Brother- hood of man applied with the modern tools of technology and adequate credit. In the long run tractors and hoes will buy far more safety for us than tanks. Fertilizer factories and agricultural credit will fight commmism far more effectively than the threat of the hydrogen bomb. Moreover this approach will cost us far less in taxes _ and give us far more security than the exclusive military approach. The Communists rely on hate and force as their most powerful weapons. Capitalism on occasion has promulgated hate and force but its real genius is not in that direction. The great wealkmess of capitalism in competition with any type of totalitarianism is its planlessness., Today we know that Capitalism does not have to be completely without plans. It can be modified to fit the modern, a continually changing modern scene. Communism of necessity may be pagan, materialistic and God- less. Capitalism is not of necessity either materialistic or Godless, Not a single high Communist dares believe in God. The genuine Christian because he does believe in God and the sacredness of the individual human soul, uses entirely different methods from the Communist. A real Christian must always question the validity of force or any other totalitarian method as the final arbiter. Nowhere in the world have so many billions of dollars been given away by Christians and Jews for the highest humanitarian purposes as in the USA, Hundreds of American Capitalists of great wealth came from strongly religious homes, This is also true of the men who have worked in their factories. But in recent years the bonds of religious discipline have been loosening. The old bonds cainot be re- established but new and necessary disciplines can be self-imposed if we will only lift our eyes to envision the possibilities and then lower our eyes to see the enormous danger confronting the most wealthy nation in the world which because of its wealth is so widely feared, envied and even hated at the very time then it is being toadied to. Money in and of itself is good not evil. It represents stored up human labor and is therefore sacred. It is the wrong use of money that is evil. Money is a trust. It is written in the very foundations of the universe that money should be used constructively. The great evil of our age is that $100 billion annually is being spent for armies and armaments. Most capitalists, however much they my recognize the temporary necessity of American and Western European defense prepara- tions, resent the fact that such a huge sum of money is spent for non-constructive purposes. The genius of capitalism has always been construction. Capitalists know that War destroys Capital and weakens Capitalism. The two World Wars certainly played into the hands of the Communists. The Communists preach that Capitalism is in- evitably driven to war by over-productio, under-consumption and the fight for foreign markets. They will be proved right unless we can permeate Capitalism with Moral Purpose. Pope Pius XI in his famous encyclical Quadregessiimo Anno recognized the great need for Christianizing Capitalism and imposing some type of self- discipline on unfettered laissez faire. Those who have the money must push actively for American leadership Looking toward rapid improvement of the living standards of the backward areas of the world. Such leadership will enable the USA to do ten times as much for the productivity and trade of the world as Britain did by her leadership
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