free to thij
Pressor is mistaken. Too many of us
Fact"1?3 l'°0 °ften' The PurP°se of
| (U -S ''onjm is lo act as a catalyst in
m- """action of mind and mind, that
akes on public issues may be fewer.
ntJKtj0rum News welcomes 100,000
readers, including the bankers and
"r customers. This seems like a good
ecnn °.rcstimu'ate thinking about our
sj onomic system. To that end we reprint
l/«, 7 nt P°rtions of the Communist
the" ° an<^ selected passages from
cel„l n",mi'nlal "A Socialism by Ihe
Cf*bra,ed Dr. Ludwig von Mises.
< ,11, eeee.'— ,
over his W
The Golden Ride
'spule is endless
conduct81 ,matte.rs of woral an<* socia'
a°rce re 's practically universal
lions °" lhe Principle "thai obliga-
ect. i is il ,"',' two way»- The Golden Huh
;ry are sin*
1 with pit)
t they haV*
induce ' ''
is |nat j , ways. Ille Golden liulc
W0nij , ' s,iould do unto others as I
'eci, •VC ,hem do l,nl° me- Here thf
"'"anr" Perfect. The earlier rule
it !(.(-, ('(' 'or a|i eye" was inferior since
of t| jUt of account the inner motives
feet of ,kar' and °"' of account the ef-
<,,;,,; , le Passage of time between the
Yers aet anrJ *e act of retribution.
Rule a" eye,.for an eye" and lhe Colden
cerned "*•1 '" tnat hoth are con-
l,,,,!, ' u'"' What is fair and jusl. and
command us to think of our com-
5i,0n8in'the journey'oF life.
of aims "i
r 11 J
le is more essential
II IS co--
of free «»
than th« '
resent it I'j
ind I ,■■<
ml. nl "\ I
id ou "" "inc is more essenuai
T|le o„rCO"0m'c syslem 'han is gold.
gage ;n J way free individuals can en-
Kind of ,lcacef"' trade is through some
lrade L mUtUal reSard. The desire lo
he deve^ f™ r'rst a"'' ,,,c reSar('
c°me f, .' froi" ''- "' regard may
ChaS f* ''•"' '» fade,
and autl "8s,e>% English clergyman
,ions in'iT' °",ran<'d by certain condi-
'' '"'Ii c, ,"' c'°tl'iiig industry of nine-
ish pul.ii "7 London, urged the Brit-
self a A • "° ma" wl,° oalls n'm"
himself nsllan—no man who calls
'''Uiself |3, man. — snall ever disgrace
S'°P-shon ea'lng at any show-shop or
hot Christ' "• "e ,ning is damnable—
■"anitv „ ."""ly only, but common bu-
One m es out against it."
fliers l0.St .do what he would want
nis niav Positions were reversed.
as for ev PreS,ent a Practical problem,
%litii„, „mLP,e when two olhers are
Ua"tyou, other- T1'ey may both
''ach mav SUy out of ''• or e'll"'r or
^0u've So|Want y°u to help him. Here
'ecision 1 '° come to some kind of
win hi the J"stice of the case-
:irevin)e (.ProPerly) influenced by
uu go m
r anta • "ween yoursclt ami
"•°,t supno.8SniSI' In any case, you are
..de.- Pn°*d to "pass iy on 'tm3 olher
e Freda Ir,i
Kn°^edEee„f?7wilh unique firsthand
ias testifl, ,ie in 'he Soviet Union-
Lc«rity s/t, fore the Senate Internal
trade wi,h°,1!nml,tee ,hat "hreaking
w"h the Soviet Union ... is
U«UM NEWS, February, 1955
of the greatest importance."
"Here again," she continued, "we
are far from doing any hurt to the
peoples of the Soviet empire. We will
. . . actually help them. I know from my
experience in the Soviet Union that
exports from Russia are squeezed out
of the people. ... That is, by increasing
trade with the Soviet Union, we merely
make lhe life of the people more miserable."
It does not pay to trade with a Communist outfit. Such trade not only supports slavery, it also makes worse the
condition of tbe slave.
If that view of Miss Utley's is cor-
rect, then the practical application of
the Golden Rule cannot be left to sen-
timental impulse. There is an obligation to find out the real consequences of
a superficially generous deed. We ought
to love our enemies and return good for
evil, but not at the expense of our
friends nor in such a way as to confirm the enemy in evil.
"Do good unto all men," said St.
Paul, "especially unto them who are of
the household of faith."
The best defense of country is common sense and kindness. No miracle is
needed, but the result of the use of this
defense will be miraculous.
Do unto others as you would have
others do unto you.
If you are a loyal American you
would like for loyal Americans—patriots
—to recognize and appreciate you. Discover patriots and appreciate and help
them. They need your help, and the
more active they are in the exercise of
loyalty the more they need your understanding, sympathy, and help.
FIHST NATIONAL HANK IN IIAI I v-
December 28, 1954
Dr. Medford Evans
Dear Dr. Evans:
Your promptness in getting in the mail the first issue of
the gift subscriptions to FACTS FORUM NEWS which we
presented to the bank presidents throughout the country
is genuinely appreciated. I am glad you did not allow the
holidays to slow you up. A very great number of bank
presidents have already written, thanking me for the gift
of a subscription to them, and without exception they
expressed gratification for FACTS FORUM and complimented the copy which they received as to contents and
format. The letters referred to came voluntarily in that
1 had not communicated with any recipient. The response
came as a result of your mentioning the fact that our bank
was the donor.
It will be recalled that last year we purchased gift subscriptions to FACTS FORUM for many of our individual
customers, and their communications were so favorable
that we thought it well to include in our public relations
activities the additional subscriptions, all of which were
sent to bank presidents. Judging by the letters, the NEWS
this year is received with more interest than those of last
year, and it is indicative of the improvement you are continuously making in the publication.
I appreciate your presenting me with a copy of the splendid
book, "Secret War for the A-Bomb, " which you authored.
I like your style in writing.
Best wishes for a good New Year for both you and FACTS
Ben H. Wooten