American Economics In Serious Danger, Stevenson Warns

Adlai Stevenson, twice Democratic candidate for the Presidency, warned Saturday night that the American economic system "is on trial for its life." Speaking before the National Business Conference of the Harvard Business School, Stevenson urged business and industry toward a "reorientation."

"The judgement of the community is that business has been wrong and more interested in profit than people, and dollars than ends," he said, citing business protestations over increasing graduation of the income tax, againt the social security program, and against expanded public housing programs.