too much government; too much taxationby charles norman fay
TRANSCRIPT
University of Northern Iowa
Too Much Government; Too Much Taxation by Charles Norman FayThe North American Review, Vol. 217, No. 811 (Jun., 1923), p. 864Published by: University of Northern IowaStable URL: http://www.jstor.org/stable/25113053 .
Accessed: 12/06/2014 16:33
Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at .http://www.jstor.org/page/info/about/policies/terms.jsp
.JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range ofcontent in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new formsof scholarship. For more information about JSTOR, please contact [email protected].
.
University of Northern Iowa is collaborating with JSTOR to digitize, preserve and extend access to The NorthAmerican Review.
http://www.jstor.org
This content downloaded from 62.122.79.21 on Thu, 12 Jun 2014 16:33:19 PMAll use subject to JSTOR Terms and Conditions
864 THE NORTH AMERICAN REVIEW
Too Much Goveknment; Too Much Taxation. By Charles Norman
Fay. New York: Doubleday, Page & Company.
A more comfortable doctrine than that of laisser faire was surely never in
vented, and it must be admitted that anything more disquieting to a good citi zen or more irritating to a good business man than the various evils Mr. Fay
complains of would be hard to imagine. That a general simplification is the
sole and sufficient remedy for all our troubles, one is not, however, quite pre
pared to concede. Mr. Fay wants a radical simplification; the elimination of
numerous national, state, and municipal activities. The Interstate Commerce
Commission, as well as many other boards and commissions, state and na
tional, he regards as futile. The efforts of the Government to regulate busi
ness have been, he believes, productive of nothing but evil, and he cites with
considerable effect our experiences in the attempted control of sugar and wheat
and our still more disastrous experiment with government control of the rail
roads. The Sherman Anti-Trust Act has benefited no one, he thinks, except the lawyers. The "trusts" are in his opinion beneficial; they do not raise
prices, and besides, to abolish national trusts would put us at the mercy of
international trusts. Here as elsewhere the best remedy is to let things alone.
Labor unions exist that "Gompers and Co. may deliberately work up con
spiracy among a few hundred or thousand men who hold strategic jobs? switchmen, or railway shopmen, or coal miners, for instance?to stop vital
work all at once, everywhere, in order to 'hold up' the community for cash; and yet break no moral statute, even though 'incidental' violence results."
All the corrective that is needed is simply for the Government to keep the
peace and to protect non-union men in their right to work. In general, the
Government should confine itself to the simple duty of keeping the peace and
upholding the status quo?the less government the better.
Mr. Fay's programme may be briefly summed up as laisser faire, plus the
commission form of government for smaller cities, plus the short ballot, plus the sales tax. It sounds attractive, but it suggests an odd mingling of pro
gressive tendencies and reaction. This programme is progressive just in
those ways in which modern business men are inclined to be progressive and
conservative in just those respects in which they are disposed to be conserva
tive. Mr. Fay has given us in this book a good deal of well-informed and
straightforward criticism. His proposals are persuasive, as simplicist solu
tions of vexed problems always are. In considerably more than half of his
contentions the author appears to have reason unquestionably on his side.
Certainly no one can maintain that he is "all wrong ". A somewhat desultory
reading of economics leads one, indeed, to the belief that if the evils of laisser
faire and the evils of too much government could be exactly compared they would be found to be about equal! However this may be, one finds it hard to
believe that a revolutionary return to first principles is at all feasible or even
desirable. Such a thing has seldom if ever occurred in the history of the world.
This content downloaded from 62.122.79.21 on Thu, 12 Jun 2014 16:33:19 PMAll use subject to JSTOR Terms and Conditions