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MIT Wins Debate on Nationalizing
M.I.T. defeated the debate team at Phillips Brooks House last night on the subject: "Resolved, That all non-agricultural basic industries be nationalized."
Helmut P. Furth '51 and Bruce S. Lane '52 took the affirmative side, arguing that the United States is heading toward a recession, and that monopolies have a bad influence on a country's economy at such a time. Government ownership of industries, they claimed, could help stabilize the economic picture during a business slack.
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