PEOPLE’S WELFARE
CATHOLIC CONFERENCE PRONOUNCEMENT ISSUED (United Press Assn.—Bier. Tel. Copyright) NEW YORK, Feb. • The Conference of the Council of National and Catholic Welfare, which comprises 16 archbishops and bishops, has issued a pronouncement calling for the subordination of economic power to human welfare. The Catholic press says this is the American Hierarchy's most important announcement since 1919. The statement reaffirms the Roman Catholic Church's position on the ownership of private property; denounces the principle of supply and demand as applied to labour; and calls for security for wage workers as well as a living wage to provide against the future. In addition, the statement urges the stabilisation of wages and prices, and the establishment of a social order on a “via media between the economic individualists and socialists, both of whose theories on the use of property result only in harm to the public.”
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Waikato Times, Volume 126, Issue 21035, 10 February 1940, Page 7
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145PEOPLE’S WELFARE Waikato Times, Volume 126, Issue 21035, 10 February 1940, Page 7
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