TAUSSIG, DONHAM BLAME U.S. ECONOMIC POLICIES

Speaking before the first session of the annual meeting of the Associated Harvard Clubs, and the St. Louis Chamber of Commerce at St. Louis, F. W. Taussig '79, Henry Lee Professor of Economics and W. B. Donham, Dean of the Business School, attacked present policies of the national government.

Profesor Taussig advanced the idea that the United States could be prosperous whether employing a high or low tariff system. Dean Donham declared the government must either provide dole or jobs, with business powerless to help the present condition

Blames Party Government

Profesor Taussig said in part:.

"That the tariff has not a friend is a natural consequence of party government and the party system, not party politics but from the nature or essence of party contest and manoeuvre. Party contests, however, do crystallize and accentuate differences of opinion and policy."