people who laughed at hi* pretension, fiut, an the

people who laughed at hi* pretension, fiut, an the light of what haa actually happened since then* it ia not funny. Wo ABE spending ourselves to death. » Wo have given away almost .125 billion dollars worth of goods. That means 126 thousand million dollars, or the equivalent of two dollars for every second of time since Christ was born. Or, in more modern terms, it means ten thousand dollars for every family in the United States living west of the Mississippi Rier.

Our public debt is double that of all Europe. Think of it! The 150 million people of the United /States have a government debt twice as Urge as that of all the governments of the 600 million people of Europe. ,

Tragically intertwined with our debt is the need for a huge national income, about 300 billion dollars a year. But the income la predicted largely on government spending. Let the government in Washington relax its extravagance and immediately unemployment begins to appear. It is an unn healthy, unsound prosperity, once hailed with the ironical song, "Happy Days Are Here Again."

Now we are spending for politics. Quite apart from mink coats, freezers for free, favors through the R.FJC., and other gentle indications of executive leniency, is the planting of hundreds of thousands of federal employees in s number of states. These thousands, with their families, helped elect Harry Truman in lMt^and they have more votes today than they had then. Bo the taxpayers’ money is being spent to make sure that they continue to finance the creeping socialism that must eventually destroy our freedom.

The administration has been pulverising Russia with threats pnd admonitions, while beginning to do the very things that it fired MacArthur for wanting to do in the Far East. But the American people need not be afraid of Russian military might, not yet Whs* they need to fear 1s the whittling *way of our own strength, the undermining of our own security by influence in authority of people friendly to Russian ideas who carry out th« program of spending thitf Lenin once said he would induce to destroy us.

And "good old Joe" undoubtedly laughs up his sleeve, or snickers into his vodka, as ho sees the United States throwing its strength down the gutter of government spending. What a delicious morsel H must be for Stalin to see us futilely fighting inflation by sitting on the lid of prices while we turn up the fire of inflationary causes underneath, trying to control prices by edict while government spending continues to pour more diluted dollars into the watered stream of purchasing power which has already stolen away more than half of our savings during the past ten years.

There are , still congenitally