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LAST DITCH OF DEMOCRACY - Majority Rights

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fool. The world was waiting for the Italian genius of Guglielmo<br />

Marconi, before putting into practice the possibilities of wireless<br />

transmissions.<br />

The same thing is taking place in the political and economic spheres.<br />

And, if you wish to understand true economics, you must look outside<br />

the damned American press. You must read that which is being printed<br />

in Europe, in Italy. And for the moment it being difficult to obtain<br />

printed press, you ought to listen as much as possible to the European<br />

transmissions and the European addresses in this connection, in<br />

connection with money, with credit, with money on the basis of work,<br />

with work that you have—every one of you—residing in your brains and<br />

brawn.<br />

Ezra Pound speaks from Rome, in a regime under which liberty is<br />

considered a duty; and where one knows that economic freedom carries<br />

with it the freedom from falling into debts.<br />

#92 (May 25, 1943) U.S.(D5)<br />

AND BACK <strong>OF</strong> THE WOODSHED<br />

I am not going to go into the details of Mr. Welles’ schemes; I can’t in<br />

ten minutes get down to as many details as he put forth in an hour. And<br />

as for your international currency scheme, your allies in London and Mr.<br />

Keynes can, I ’spose, be counted on to put up a much more audible<br />

howl. Though whether it will be loud enough, or have any effect,<br />

remains for the chroniclers of the future.<br />

Economic aggression. Economic oppression. Economic oppression, the<br />

past tense, and the future tense of economic aggression.<br />

Welles admitted that the U.S. had in the past participated in the<br />

aggression. Now does he propose, or does the State Department really<br />

propose to lay off certain forms of economic oppression after this war is

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