Government's Role In A National Mineral Policy

The American Institute of Mining, Metallurgical, and Petroleum Engineers
DONALD H. McLAUGHLlN
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
3
File Size:
238 KB
Publication Date:
Jan 1, 1949

Abstract

Few factors have had more influence in maintaining the strength and stability of the United States than our persistent habit of providing .checks and balances to the dynamic powers of free enterprise on the one hand and to the controls and guidance exercised by the State on the other. .Indeed, it is this same concern for matching forces against each other that has given our republic its ability -to preserve a democratic basis of life for its citizens, and yet maintain a ,government that is able to protect the rights of all and to resist and minimize the danger of excessive concentration of authority. Our current efforts to clarify the nation's mineral policies and to define more clearly the role that the governmental agencies should play in conjunction with the functions of private -enterprise again reveal the desirability and advantages of maintaining our traditional controls. At times, the equilibrium has been temporarily disturbed by too great enthusiasm for one or the other of these basic concepts. Sooner or later, however, the balance has been restored by the healthy opposition that is always created by excesses of one sort. At the current stage in our history, the swing toward undue enlargement of the powers of the State seems to have gone dangerously far and we would be untrue 'to our traditional behavior if the group that must demonstrate the virtues of free enterprise did not rally to its support with the utmost earnestness.
Citation

APA: DONALD H. McLAUGHLlN  (1949)  Government's Role In A National Mineral Policy

MLA: DONALD H. McLAUGHLlN Government's Role In A National Mineral Policy. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1949.

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