Assistant Secretary of Navy Points to Dangers Of Mobilized Control; Ca-operation as Remedy Washington, Oct. 19. recently published statement on industry and national defence, Assistant Secretary of N; avy, Mr. Charles Edison, in a
warned that complete nationalization of industry might prove disastrous to the country in time of war.
He said private industry and the Army and Navy must continue to ce-operate as closely as possible, both in peace and war time, to develop an adequate national defence system.
"There is a school of thought subscribes to the theory that all in this country," he said, "which work involved in the national defence should be nationalized and concentrated in Government arsenals and Navy yards. Regardless of the social, economic or political implications involved, sound national defence policy based on actual past experience definite ely indicates that complete nationalization of our defence requir aments is not only a false theory but is downright dangerous to national security.
Text read from the printed page and cleaned; old type leaves the occasional error.