The whole principle of distributing. wealth has been elaborated brilliantly, with checks on the tendency to abuse in the way of profiteering. And it all works out to Czechoslovakia having the advantages of the authoritarian state in cohesiveness and speed of action, without the disadvantages of control by dictatorships. Fortune opines that the Czechoslovakian economic system is a model of stability, given the right world conditions.
The practical application, down to minute details, of Masaryk's vision of governing his country for the greatest good of the greatest number, has been phenomenally realized, This is a wonderful attestation to what may be achieved in the way of government when a people's own merit produces a good and Atting leader, ud it recalls the dictum that in the Jong run a nation gets the government it deserves, Explaining the' modern trend of some nations coming under the "spell and. dominance of demagogic dictators and their terrorist bands," Mr. Walter Lippmann, writing in the New York "Herald Tribune," underscores the thesis that unless the means of independence is widely-distributed among the people themselves, no real Fesistance is possible to the advance of tyranny. Among some of the valuable observations, Mr. Lippmann makes, is that wherever a dictatorship has been set up in Europe, the mass of individuals had already become so economically insecure that they no longer dared to exercise the legal liberties that the demagogue was attacking.
Text read from the printed page and cleaned; old type leaves the occasional error.