GUIDANCE IN CATHOLIC COLLEGES AND UNIVERSITIES. Edited
by: Roy J.Deferrari, Ph.D. '12. The Catholic University of America Press, Washington, D. C.,1949. 303 pages.
Men today feel the inadequacy of 19th century individualism, but at the same time they reject its dialectical opposite of collectivism. The answer to this urgent problem is the Christian middle way, which safeguards the rights of the individual but at the same time stresses the needs and prerogatives of society. However, we must face the fact that Church authority is not likely to make an impression in the general world of business.
On buses taking students to and from a large college campus an advertisement announces that people can secure small loans legally in the town—and at what rates? At 20% plus. That is legal, and not black market, and is the minimum. The legal maximum, in that and some other states, can run to 42%. .
Officials in American colleges are helping young graduates to get employment in such business—whereas they could encourage a few to find Christian vocations in helping people to set up their own credit institutions.
The above is only one of many vital American problems discussed in the papers read in the meetings and seminars conducted at the Catholic University of America in Washington, D. C. from June 11 to June 22, 1948. They make good reading, and contain much food for thought.
