LIBERAL CLUB MEETING DEBATES UNEMPLOYMENT

Professor T. N. Carver, Mr. Frank Tannenbaum, and Mr. R. F. Phelps '00, Director of Statistics, State Department of Labor and Industry were the speakers last evening at a seminar on "Unemployment" at the Student Liberal Club.

The first speaker of the evening, Professor Carver urged that sound business and paying investments were the best remedy for the unemployment situation. "It is mathematically demonstrable", he said, "that it is better for the unemployed for you to invest your money in productive enterprise rather then to give it away. Good business and good business alone is the only permanent cure for unemployment."

Declaring that he disagreed with Professor Carver so much that he didn't know where to begin, Mr. Tannenbaum, a young labor leader, attacked this line of argument. "If individual investment on the part of every business man", he said, "is the best way to solve the unemployment problem, why hasn't the situation been already relieved for that is the system we are living under? I doubt if present society as now constituted can solve the unemployment problem, for while there is a spiritual equality between rich and poor a wide economic inequality exists".

Mr. Phelps the last speaker of the evening showed graphically the unemployment situation by means of charts and explained what is now being done by the government to relieve the situation. A general discussion from the floor followed the addresses.