The Freeman May 1955
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50¢ Guaranteeing Your Income F. A. Harper What Would You Call Mr. Hoiles? Thaddeus Ashby Why Teach Freedom? An Editorial In a hurry to get at tomorrow, youth of today eagerly These young-minded people like the best-performing welcome the brightness and freshness of THE FORWARD and newest V-8 engine designs ... they like PowerFlite, LOOK with enthusiastic words like these: liveliest and swiftest of no-clutch transn1issions ••• and "Sweet length and lowness and speedy lines make these the modern way the drive selector is placed on the dashI cars the smartest in my bookI" ... "They look alive like They like the windshields that are wrapped around top cars should look, but the clincher's when you drive 'em. and bottom .•• and the full-time Power Steering! There's nothing to touch 'em!" See THE FORWARD LOOK today-and discover its magic! CHRYSLER CORPORATION -> THE FORW'ARD LOOK PLYMOUTH • DODGE • DE SOTO • CHRYSLER • IMPERIAL Copyright 1955 by Chrysler Corporation See Chrysler Corporation~s great new TY shows-Thursdays, CBS.TY, 8:30 P.M. EST. All-New Tubeless Super-Cushions REDUCE PUNCTURE FlATS 80% We hammered ten nails jnto each of Death Dodger car. Then a stunt driver a pile driver on the landing ramp. four new Goodyear tubeless tires and raced this car offa ramp-zoomed into Total damage: One shaken driver! No mounted them on a {Jimmie Lynch space-came down with the impact of puncture flats! No air lost! Goodyear's exclusive 3-T Cord and Grip-Seal construction make possible the one true tubeless tire! Taxi Fleet owners report that, in many and only Goodyear has it. months of all-road driving, taxicabs In its exclusive and patented 3-T pro equipped with DeLuxe Super-Cushion cess, Goodyear triple tempers cord sin tubeless tires had less than U the num ews and integrates them with improved ber of puncture flats normally experi rubber compounds underTension, Tem enced with other tires. perature and Time-unifies rubber and To produce a tire that reduced punc fabric with Grip-Seal construction to ture flats by 80% in 54 million miles produce a tubeless tire body that's com takes the world's most durable cord pletely airtight-the most durable ever 3-T Cord-plus Grip-Seal construction, made! Goodyear, Akron 16, Ohio. More people ride on Goodyear tires than on any other kind! TUBELESS DELUXE SUPER-CUSHION ~Cl,"hion, by GOOD;'iEA 'r>\l.-The Goodyea. 'r,,, & Hu]'",'. Compoo,', Aklon, OJ ..o THB A Monthly Making an Article For The writing of an expository piece-like "Guar anteeing Your Income"-is a construction job, reeman Libertarians not unlike the building of a house. It starts with an idea. Whether or not the house or the article will meet with acceptance depends on Editor FRANK CHODOROV the pertinence of the idea. In the case of the Managing Editor MABEL WOOD house, the need for it is the first consideration: Business Manager IVAN R. BIERLY will it satisfy the chosen tenant? As for the article, the writer is primarily concerned with readers: will they be interested? The idea for many an article germinates in VOL. 5, NO. 11 Contents MAY 1955 the newspapers. What people are doing is an indication of what people are thinking about, and the article will get attention if it promises Editorials to add something to that line of thought. Prominent in the headlines this last year has Why Teach Freedom? .............................. .. 458 been something called the Guaranteed Annual The Morals of Yalta 453 Wage. To an economist like Dr. Harper, there "Play Ball"......................................... 460 seemed to be something ominous in GAW; the little that appeared in the newspapers, in the Articles way of detail, suggested that the plan would impinge on the nation's economy. Guaranteeing Your Income F. A. HARPER 461 But what is the plan? For several months Capitalism for the Many EDWARD MAHER 466 Dr. Harper made inquiries, and all he could Death and Taxes-Except for Coops .. LEONARD E. READ, JR. 469 learn indicated that there is no specific plan, A Strange Alliance REV. EDMUND A. OPITZ 471 Tale of a Coat CARTOON 473 only generalities. The labor press was most The Experiment-"Noble in Purpose" JOHN T. FLYNN 474 evasive; about all one could get from it was Sources of Tax Reduction HARLEY L. LUTZ 477 that the details of the GAW would he worked Even Lincoln Said It MALLORY CROSS JOHNSON 479 out in labor-management conferences. What Would You Call Mr. Hoiles? .....THADDEUS ASHBY 481 That was meager material for an article. But the expository writer depends not so much Books on the known facts as he does on the fitting of these facts into a pattern of thought, or A Reviewer's Notebook JOHN CHAMBERLAIN 484 philosophy; he has to find the bricks and mortar He Adds Little to Philosophy FRANK S. MEYER 486 of his article in his stored-up learning and The Rathole HELMUT SCHOECK 486 The Cost Was High OSCAR W. COOLEY 487 understanding. "Robber Barons" DEAN RUSSELL 487 Having assured himself that the theme is The Unreal Dream WILLIAM HENRY CHAMBERLIN 488 timely and important, the task before the writer Oil and Imperialism HAL LEHRMAN 488 is the arduous one of selecting words, sentences Diplomacy of Brawl SUZANNE LA FOLLETTE 489 and paragraphs, and putting them in an order God Is Liberty F. R. BUCKLEY 490 that will both entice and entertain the reader. Trade or War PAUL L. POIROT 490 Nobody likes to "push" himself through a piece Stubborn Finland RICHARD M. PALMER 491 of reading matter. Well Worth Reading. .............................. .. 492 To my knowledge, "Guaranteeing Your In Washington, D. C FRANK c. HANIGHEN 464 come" was rewritten twice, and I have no doubt that the final draft underwent additional scrub Readers Also Write 456 bing. But the labor paid off. EDWARD MAHER has been an advertising agency copy chief and editor of Liberty. LEONARD E. READ, JR. is with the California The FREEMAN is published monthly at Orange, Conn., by The Irvington Press, Inc., Irvington-an-Hudson, N.Y. Copyrighted in the United States, 1955, by The Irvington Cotton Oil Corporation. This, his first attempt Press, Inc., Leonard E. Read, President; Fred Rogers Fairchild, Vice President; Claude Robinson, Secretary; Lawrence Fertig, Treasurer; Henry Hazlitt and Leo Wolman. at article writing, shows promise. Entered as second class matter at the Post Office at Orange, Conn. HARLEY L. LUTZ, Professor Emeritus of Public RATES: Fifty cents a copy; five dollan!! a year; nine dollars for two years. Finance at Princeton University, is now Tax SUBSCRIPTION SERVICE: Send subscription orders, correspondence and instruc Consultant for the NAM. tions for change of address to: MALLORY CROSS JOHNSON ran across this piece The FREEMAN of Lincolniana while doing research work for Subs'cription Department the FREEMAN and built an article around it. Irvington-on-Hudson, N.Y. CHANGE OF ADDRESS; Send old address (exactly as printed on wrapper of your copy) and new address, with zone number, if any. The FREEMAN is devoted to the promul EDITORIAL AND GENERAL OFFICES: Address the FREEMAN, Irvington-on Hudson, N.Y. The editors cannot be responsible for unsolicited manuscripts unless reo gation of the libertarian philosophy: the turn postage, or better, a stamped, self-addressed envelope is enclosed. Manuscripts free market place, limited government and must be typed double-spaced. Articles signed with a name or initials do not necessarily represent the opinion of the editors. the dignity of the individual. Printed in U.S.A. by Wilson H. Lee Co., Orange, Conn. If your car ~as T~ompson IJro~ucts ~all joints IT ~ILL HUG THE ROAD BETTER, STEER EASIER, RIDE SMOOTHER AND REQUIRE LESS SERVICING. HERE'S THE STORY: On Early Cars the front wheels turned right or The Next Step retained the ((hinge" principle, but left as though they operated on door hinges. The the coil spring required an additional hinge action entire axle moved up and down stiffly, both springs ... this time up-and-down. Unfortunately, this meant absorbing all shocks. Later, "knee action" gave each more points of friction ... more wear ... more joints wheel its own springing action, but this greatly to become loose ... more points to lubricate ••• complicated the steering mechanism. and required very accurate alignment. Thompson Ball Joint, the latest development, Ball Bearing Steering and Parking Ease is now added to permits both right-and-Ieft and up-and-down motions over-all riding comfort. Even on rough, crooked roads, in any at one point. Steering and suspension movements are weather, steering is easier and safer. In the grueling 1,912 mile combined. The king pin and the old-fashioned Pan American road race the first jour winners were equipped Hhinge" principle are done away with. with ball joints ..• prooj positive. You ean eounton TEADING CAR MAKERS ARE NOW USING this highly efficient ball joint L for front wheel suspension. Look for it on your next car. Ball joints are typical of the many improvement~developed by l'hompson Products. CJhompson For more than half a century, Thompson has been a leading producer of automotive parts ... including valves, pistons, piston rings and chassis parts, as well as components for both piston and jet aircraft. Products Consumers and industries alike COUlzt on Thompson for the newest and MANUFACTURERS OF AUTOMOTIVE, AIRCRAFT, the best. Thompson Products, Inc., General Offices, Cleveland 17, Ohio. INDUSTRIAL AND ELECTRONIC PRODUCTS. FACTORlH~S IN SlX'I'fi'F.N f:ITJES. And April, Too After giving us such a splendid issue e10der . on the UN, I was bit fearful you would tt have a little let-down with your April a so wrITe' issue.