law, affording a flexible currency bottomed largely upon commercial
assets.... He also proposed making corporations share with the
government and states a certain part of their earnings....

"'Labor is no longer to be classed as an inert commodity to be
bought and sold by the law of supply and demand.'

"Dru 'prepared an old age pension law and also a laborer's
insurance law....'

"'He had incorporated in the Franchise Law the right of Labor to
have one representative upon the boards of corporations and to
share a certain percentage of the earnings above the wages, after a
reasonable percent upon the capital had been earned. In turn, it
was to be obligatory upon them (the laborers) not to strike, but to
submit all grievances to arbitration.'"

Need it be pointed out that "Louis Blanc and the revolutionaries of
1848," on whom Colonel House patterned his plan for remaking America,
had a scheme for the world virtually identical with that of Karl Marx
and Frederick Engles--those socialist revolutionaries who wrote the
_Communist Manifesto_ in 1848?

* * * * *

In 1918, Franklin K. Lane, Woodrow Wilson's Secretary of the Interior,
in a private letter, wrote, concerning the influence of 'Philip Dru' on
President Wilson:

"All that book has said should be, comes about.... The President
comes to _Philip Dru_, in the end."

The _end_ is a socialist dictatorship of the proletariat, identical with
that which now exists in the Soviet Union. We have already "come to" a
major portion of Colonel House's program for us. The unrealized portions
of the program are now promises in the platforms of both our major
political parties, they are in the legislative proposals of the
Administration in power and of its leaders in Congress; they are the
objectives of the Council on Foreign Relations, whose members occupy key
posts in Government, from the Presidency downward, and who dominate a
vast network of influential, tax-exempt "educational" agencies, whose
role is to "educate" the Congress and the people to accept the total
socialist program for America.

The Committee for Economic Development (which created the Commission on
Money and Credit) is the major propaganda arm of the Council on Foreign
Relations, in the important work of socializing the American economy.

* * * * *

Paul G. Hoffman is