HUMAN WELFARE
SUBORDINATION OF ECONOMIC POWER IMPORTANT CATHOLIC PRONOUNCEMENT Press Association —By Telegraph—Copyright NEW YORK, February 9. The Council of the Catholic Welfar* Conference, comprising 16 archbishops and bishops, issued a pronouncement calling for the subordination of economic power to human welfare. The Catholic Press says it is th« American hierarchy’s most important announcement since 1919. The statement reaffirmed the church’s position on ownership of private property, and! denounced the principle of supply and demand as applied to labour. It called for security for wage workers as well as a living wage to provide against the future. It also called for stabilisation of wages and prices, and the establishment of a social order by media between economic individualists and socialists, both of whose theories on the use of property resulted only in harm to the public.
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https://paperspast.natlib.govt.nz/newspapers/ESD19400212.2.57
Bibliographic details
Evening Star, Issue 23498, 12 February 1940, Page 6
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136HUMAN WELFARE Evening Star, Issue 23498, 12 February 1940, Page 6
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