Paul Blanshard Speaks on Economic Planning

Paul Blanshard, Director of the City Affairs Committee of New York City, spoke at the March 14 chapel service on the subject "Industrial Planning in the Machine Age".  He argued that the theory of supply and demand underlying capitalism had failed, that a National Economic Planning Board should be created, and that the distribution of wealth should be based on merit, with a minimum yearly salary of $2,000 and a maximum of $10,000.