corruption, and political vote buying; and it is destroying private
property rights under the pretext that clearing slums will eliminate the
causes of crime. Moreover, urban renewal authorizes the seizure not just
of slum property, but of all private property in a whole section of a
city, for resale to private interests which promise to build something
that governmental planners will like.

Federal urban renewal--since the Council on Foreign Relation's CED
started supporting it--has become a national movement with frightful
implications and dangers. (For detailed discussion of urban renewal, see
_The Dan Smoot Report_, September 29, 1958, and October 6, 1958.)

* * * * *

In its 1957 Annual Report, the Committee for Economic Development gave
details on its educational work in public schools and colleges. This
work was, at that time, carried on primarily by the CED's
Business-Education Committee, and by two subsidiary operations which
that Committee created: the College-Community Research Centers and the
Joint Council on Economic Education. From the 1957 Annual Report of the
Committee for Economic Development:

"CED's efforts to promote and improve economic education in the
schools are of special appeal to those who are concerned ... both
with education and the progress of the free enterprise system. The
Business-Education program and the numerous College-Community
Research Centers it has sponsored, together with the use of CED
publications as teaching materials, represent an important
contribution to economic education on the college level.

"In the primary and secondary schools, the introduction of
economics into teaching programs is moving forward steadily, thanks
largely to the Joint Council on Economic Education which CED helped
to establish and continues to support....

"The Business-Education Committee continued in 1957 its work with
the College-Community Research Centers and with the Joint Council
on Economic Education.

"The Joint Council's program to improve the teaching of economics
in the public schools is now operating in 39 states, and the 25
college-community research centers active last year brought to more
than 3000 the number of business and academic men who have worked
together on economic research projects of local and regional
importance....

"In its work,