You can transpose terms in an algebraic equation whereas you can not by analogy transposethe different parts of a bridge.We need, we some of us painfully need, a pooling of all these available knowledges; of all therigidly zoned rare fruit of particular kinds of experience. I want all this accountant’s knowledge, or asmuch of it as I can get under my beret.I recognize brother Warburg’s acuteness when he observes or repeats that silver is mainly a by- product of other metallic production. When he tells me that the man who buys a plough commits thesame act as the buyer of mortgages, I pity the pore lonely banker.
Trade Balance : a hoax whereby the government concealing a huge part of the national incomeassures the people the nation has spent more than it’s got.“ Control of credit and control of the news are concentric,” writes Chas. Furguson. A book Iwrote in Feb. 1933 is still unprinted. I console myself with the fact that Van Buren wrote his memoirsin the 1860s and they got into print only in 1920. Control of credit seems in that case to have delayedquite a lot of news about bank method.On Oct. 6th of the year current (anno XII) between 4
. and 4-30 Mussolini, speaking veryclearly four or five words at a time, with a pause, quite a long pause, between phrases, to let it sink in,told 40 million Italians together with auditors in the U.S.A. and the Argentine that the problem of production was solved, and that they could now turn their minds to distribution.It is just as well that such statements should have reached the general public.Distribution is effected by means of small bits of paper, many of those bearing one, two andthree numerals are for convenience sake carefully engraved, and are (apart from series number) exactreplicas of each other as far as human skill can encompass.Other bits are part printed and partly filled in by hand.The science of distribution will progress in measure as people give more attention to these bitsof paper, what they are, how they come there, and who governs their creation and transit.I fail most lamentably, at ten and five year intervals precisely when I attempt to say somethingof major interest or importance. Trifles or ideas of third or second line, I can always offer in manner acceptable to my editors. The book I wrote in Feb. 1933 continues to fall out of date, to recede as itsstatements are verified by events.By Oct. 6, 1934 we find Mussolini putting the dots on the “i”s.That is to say, finding the unassailable formula, the exact equation for what had been sketchyand impressionistic and exaggerated in Thos. Jefferson’s time and expression.By last April Quirino Capaccioli
had already got to a vision of the day when the state couldsit back and do nothing. Which sounds again, rather like Jefferson.OCT. 6th OBIT 4-14 P.M.
, at 4-14 in the Piazza del Duomo, Milano, anno XII. Scarcity Economics died.Scarcity Economics being that congeries of theories based on an earlier state of human productive capacity. Lest the Duce’s Italian have been translated only into set formal phrases it might be well to look at his meaning, and to remember that for XII years the Duce has kept his word whereasit is almost impossible to find a public man in any other country, European or American whose promises are worth yesterday’s newspaper.
, that means that no man in Italy is to have any anxiety, about finding a job.
Le Possibilità della richezza
, is plural, “science has multiplied the means of producing plenty,and science prodded on by the will of the State should solve the other problem, that of distributing theabundance, and putting an end to the brutal paradox of grinding poverty amid plenty.”The will of some states, personified by freshwater professors or fattened bureaucracies mightoffer a fairly lean hope, but in this case the Stato is sufficiently re-inforced by the human fact of theDuce, who has defined the state as the spirit of the people.