Mob Economy

New Zealand Listener, Volume 8, Issue 202, 7 May 1943, Page 2

Mob Economy

By

WHIM-WHAM

[More than 1200 leading economists in the United States to-day addressed to the chairman of the Ways and Means Committee of the House of Representatives a warning that the abandonment of Mr. Cordell Hull’s international trade agreements policy would be "a national tragedy," and ‘economic preparation for a third world war."Cable news item.) I Distasi naa Twelve Hundred strong Subscribing All to one Opinion! I have a Sense of Something wrong. 1 know that Numbers hold Dominion In almost every Field To-day: I see that almost All the Time The big Battalions have their Way And rowds acquit Themselves ot Crime: And Truth, once sought in Solitude, Is hardly heard in the Commotion Of moron Millions, mass-imbued With one discreditable Notion. But I was not till now, you see Aware the Time had come to pass hen Experts in Economy Would similarly act en Masse! Twelve Hundred brave Economists In Whom some ruling Passion burns! Do they salute with learned Fists And shout "Diminishing Returns’’? Oh, is the Air, in which they range With high financial Slogans rent"One Bank! One Tax! One pegged . Exchange! One Mode of Money Management!" My Interest, at any Rate, In this Announcement, as I read it, Was stirred-and yet I have to state, t's almost More than I can Credit!