French flagpolish flagspanish flag

Vinaora Nivo Slider 3.xVinaora Nivo Slider 3.xVinaora Nivo Slider 3.xVinaora Nivo Slider 3.xVinaora Nivo Slider 3.xVinaora Nivo Slider 3.xVinaora Nivo Slider 3.xVinaora Nivo Slider 3.x

Bombers or Homes ?

on Monday, 01 March 1954. Posted in Statistics, War

President Eisenhower, addressing the American Society of Newspaper Editors on April 16th, 1953, said:

"Every gun that is made, every warship launched, every rocket fired, signifies — in the final sense — a theft from those who hunger and are not fed, those who are cold and are not clothed.

"A world in arms is not spending money alone, it is spending the sweat of its labourers, the genius of its scientists, the hopes of its children.

“The cost of one bomber is this: a modern brick school in each of more than 30 cities. It is: two electric power plants, each serving a town of 60,000 population. It is: two fine, fully equipped hospitals. It is some fifty miles of concrete highway.

“We pay for a single fighter plane with 500,000 bushels of wheat. We pay for a single destroyer with new homes that could have housed more than 8,000 people.”

Very well. But this theft continues, Mr. President. And a point which you might have stressed is the fact that dollars are always found for bombers, fighter planes, destroyers. Never has a program of war production been rejected or even delayed just for a lack of money. Only shortage of men or material may have interfered. While concrete highways, hospitals and homes are waiting, not for want of builders or materials, but just for lack of money.

Why so? Why is money available as fast as required for war purposes? And why is money scarce or hard to obtain for production answering human wants?

Mr. Graham Towers, Governor of the Bank of Canada, told a Canadian Mission at the outset of the last war:

"The task of finance in war is to see that nothing is decided on financial grounds, that what is desirable and physically possible is always financially possible. And why is it the reverse in peace? Why must things then be decided on financial grounds? Why change the rule? Why are programs of peace production dismissed as financially impossible, when they are both desirable and physically possible?

Why must finance submit to the community only in time of war, while the community has to submit to finance in time of peace?

Why is money power with us when we are engaged in killing and destroying? And why does the same money power raise difficulties when we turn to building activities?

Leave a comment

You are commenting as guest.

Latest Leaflets

Who are the true rulers of the world ?

In this special issue of the journal, MICHAEL, the reader will discover who are the true rulers of the world.  We discuss that the current monetary system is a mechanism to control populations. The reader will come to understand that "crises" are created and that when governments attempt to get out of the grip of financial tyranny wars are waged.

An Efficient Financial System

An Efficient Financial SystemAn Efficient Financial System, written by Louis Even, is for the reader who has some understanding of the Douglas Social Credit monetary reform principles. Technical aspects and applications are discussed in short chapters dedicated to the three propositions, how equilibrium between prices  and purchasing power can be achieved, the financing of private and public production, how a Social Dividend would be financed, and, finally, what would become of taxes under a Douglas Social Credit economy.  Study this publication to better grasp the practical application of Douglas' work.  

Reflections of African bishops and priests

Reflections of African bishops and priests after our weeks of study in Rougemont, Canada, on Economic Democracy, 2008-2018

A Social Dividend: An Income Guaranteed to Each Citizen

The Social Dividend is one of three principles that comprise the Social Credit monetary reform which is the topic of this booklet. The Social Dividend is an income granted to each citizen from cradle to grave, with- out condition, regardless of employment status.

Books on Social Credit

Economic Democracy

Economic Democracy is a book to explain Social Credit in lessons presented in logical order so it may be easier to the reader to grab the main principles of Social Credit rapidly and somehow easily.

In This Age of Plenty

In This Age of Plenty deals with Social Credit, but it does not exhaust the topic. Social Credit principles address social and political matters, as well as, or even more so, than economics and will put civilization on a new course.

From Debt to Prosperity

From Debt to Prosperity outlines briefly the economic analysis and constructive proposals known as Social Credit.

Upcoming Events

Your Cart

Latest Issue

Newsletter & Magazine



Go to top
JSN Boot template designed by