# Current Social and Economic Issues

## GA 332b — 15 July 1924, Stuttgart

### The End of the “Futurm”

*Speeches by Rudolf Steiner at the preliminary meeting of the fourth ordinary general assembly of “Futurum A.G.”*

> Emil Leinhas greets the members of the Anthroposophical Society who are present and who represent about 80% of the share capital of “The Coming Day”, and asks Dr. Steiner to take the chair.

Rudolf Steiner: My dear friends! Today we will probably have to hold the most sober and uninspiring meeting possible within the Anthroposophical Society, and therefore we may well ask that pure reason alone prevail in today's meeting, otherwise we will hardly be able to cope.

The point is that today we have to talk to each other in a certain way about the fate of the “Coming Day”, which is connected with many ideals that members of the Anthroposophical Society have embraced in recent years. We have in the “Coming Day” an institution that emerged, so to speak, as the last major institution from the once emerging threefold social order movement, and it is only with a certain pain that we can turn our attention to the fact that this “Coming Day” is now in a truly serious crisis that absolutely must be resolved. Above all, it is important to see things as soberly as possible.

The hopes have not been fulfilled that the things connected with the “Coming Day” could proceed as one had wanted, that the Central European economic crisis, so to speak, would pass by the “Coming Day”, but the “Coming Day” is now just as any other business, fully participating in what the declining economic life offers. The “Coming Day” is not doing better today, but also not worse than any other Central European business.

The crisis has come about in the following way: if, [after the currency was converted to gold marks], the “Coming Day” had cash today, the possibility of continuing its economic and intellectual operations with cash, if it could count on being able to take out loans, then it would be able to continue working, just as other businesses are truly not working under better conditions today. However, the “Coming Day” does not have any cash, and so it cannot continue its economic and spiritual activities as they have existed up to now. The material value of the “Coming Day” is - and this must be emphasized again and again - such that if cash were available or could be raised, there would be no objection to simply letting the leadership go. Of course, there may be other reasons why “The Coming Day” is unable to find cash at the moment, but the main reason is that German economic life has taken on forms that make it impossible for the “Coming Day” to continue as other commercial enterprises do, because to do so it would have been necessary for the “Coming Day” to be treated with the same goodwill from outside as other commercial enterprises have been. That did not happen. A large part of the reasons why the “Coming Day” is in this crisis due to the lack of any cash funds - soberly this cannot be put differently than this: a large part of the blame lies in the way the “Coming Day” was vilified in the world. A project that is presented to the world in this way could only continue to function if it had a core of people who would take financial responsibility for it. But if only what has happened so far within the Anthroposophical Society is continued, the only thing that can be counted on, this is not the case either, and so today we can do no other than objectively present the situation of the “Coming Day” as it is. Therefore, I will take the liberty of organizing today's agenda in such a way that I will first ask Mr. Leinhas to present the situation of the “Coming Day” objectively to you, and as the second point on the agenda, I will make the proposals that need to be made in view of the serious situation. So I ask Mr. Leinhas to give an objective presentation of the situation of the “Coming Day” as a prerequisite for our further negotiations.

> [Emil Leinhas describes the situation on the basis of the balance sheet. The situation is such that the economic enterprises can no longer support the spiritual ones.

Rudolf Steiner: My dear friends! You have listened to the description of the situation of the “Coming Day”, and I will now take the liberty, with a heavy heart but purely rationally, as I ask you to take it, of discussing the only way we can get over this crisis of the “Coming Day” in my opinion.

The essential thing here is that, in view of the description of the situation that has just been given to us, we now have to divide the “Coming Day” into two parts: one comprising purely economic enterprises and the other comprising spiritual enterprises. If we draw the conclusion from what has just been said, it is actually the case that we, who, as anthroposophists, have to reflect on the situation, have to say that The “Coming Day” is no longer able to provide any cash for the spiritual activities, which essentially include the Waldorf School, the Clinical Therapeutic Institute, the Research Institute and the publishing house. Therefore, the question is – since the prerequisite that I believed I had to make, that the purely economic operations had to be organized first, has failed due to the impossibility of somehow managing today with the sale of these operations or the like – how we manage to separate the spiritual operations of “Coming Day” in a certain way. But this can only be done through extremely difficult measures that require heavy sacrifices on the part of our anthroposophical friends. It is not possible in any other way. You must bear in mind that these spiritual enterprises are now in a situation in which they have no possibility of being continued in any way out of the situation of the “Coming Day”. They have, so to speak, been abandoned, not by any decision, but by the facts.

The question arises: how do we get out of this situation? We have to consider the following: the “Coming Day” has issued 109,000 shares. Let us do the math based on the number of shares. If we make an estimate, but probably a fairly accurate one, of the share capital underlying these 109,000 shares, and divide it between the purely economic and the spiritual enterprises, then 74,000 shares are accounted for by the economic and agricultural enterprises and 35,000 by the spiritual enterprises. So, we have possessions for the spiritual enterprises, which correspond to 35,000 shares of “Tomorrow”.

Now, my dear friends, how can these enterprises, these spiritual enterprises, be continued? That is the fundamental question. And however you may look at it, these spiritual enterprises cannot remain as they are in the face of the situation of the “Coming Day”. For what would then have to happen? Then the “Coming Day” would have to proceed in the same way as other enterprises have to proceed today. The holdings would have to be consolidated, and the total mass of shareholders of the “Coming Day” would be faced with exactly the same situation, only with a significantly reduced number of shares. Perhaps this would somewhat increase their creditworthiness, but it is something that cannot be done, given all the prospects that have to be considered.

But if this cannot be done, what can be done? There is nothing else to be done – and I am now saying what I have to say with the greatest reluctance, but it must be said because of the situation, and if I were to present the matter to you in a long-winded way, it would not be any better: the only thing that can be done is to get rid of the 35,000 shares that correspond to the ownership of the spiritual enterprises. But this is only possible if enough people of influence can be found within the Anthroposophical Society who are willing to simply renounce their shareholdings in favor of the most important spiritual enterprises, so that the spiritual enterprises receive the 35,000 shares as a gift. It is just as if spiritual enterprises were to be founded and if a number of self-sacrificing personalities could be found who would contribute the sum corresponding to these 35,000 shares.

So, my dear friends, is it possible that the owners of 35,000 “Kommenden-Tag” shares renounce ownership of their shares? Then the 35,000 shares of Coming Day stock that are being given away could be left to the German Goetheanum fund, which would then have to be at my free disposal. This would give me free rein to run the spiritual enterprises. I see no other possibility for any other solution to the problem we are facing now than for this measure to be taken. You will understand that it is extremely difficult for me, one year after I myself resigned from the supervisory board of “Kommender Tag”, to have to make this enormous demand on the shareholders of “Kommender Tag” today: Give me 35,000 shares so that the spiritual activities can be continued in the way I will explain in a moment.

So if today there are shareholders willing to make this donation, then the matter is such that the “Coming Day” as such will continue to exist as an association of purely economic enterprises. How this continuation is envisaged will be discussed later. This continuation would correspond to a shareholding of 74,000 shares. We can discuss the matter in this area later. At this moment, I consider it my task to explain what can happen to the spiritual enterprises if the 35,000 shares are donated to the German Goetheanum Fund. It would then be clear that this willingness to make a sacrifice would at least express an anthroposophical attitude. The donors would say to themselves: Of course we are making a sacrifice, but we are doing so out of the anthroposophical spirit. There are shareholders in the “Coming Day” who will be able to make such a donation. Since they can, of course, only be placed in a position to make such a gift voluntarily, one can only say: Those who will give will also be able to give. It will be a group of shareholders who can give. On the other hand, there are shareholders of the “Coming Day” who cannot renounce their shareholdings; they are referred to purely economic enterprises. They would be in no different a position than other shareholders. And in order to preserve the full ownership of the 74,000 shares, it would be necessary for the spiritual enterprises to have no influence whatsoever on the economic administration of the “Coming Day”. If this condition were to be fulfilled today, that 35,000 shares of stock be made available to the German Goetheanum fund, and the economic enterprises were to be thought of separately, then the following would emerge:

First of all, the Waldorf School has 300,000 German Marks booked in the “Coming Day”. What the Waldorf School needs cannot really be covered by any kind of equivalent value. As you all know, the Waldorf School is entirely dependent on school fees and voluntary donations for its cash resources. Therefore, if the situation is to be rectified, the Waldorf School cannot be provided with the equipment it needs unless it receives a gift of the full amount. What corresponds to the Waldorf School [in terms of land, buildings and facilities], which is therefore listed in the “Coming Day” with 300,000 marks, must be donated outright.

The following then remains: the Clinical Therapeutic Institute, which is currently linked to the sale of remedies, that is, to the pharmaceutical laboratory. I will discuss the Clinical-Therapeutic Institute later. Regarding the sale of remedies, the balance sheet shows that it can be said that there is every prospect of it no longer requiring any significant sacrifices from today onwards. It is self-financing. However, cash will still be needed in the near future. And because it is a solid economic asset, it will be taken into account as such, and it must also be possible to buy it. Now it occurs to me that the Internationale Laboratorien A.G. in Arlesheim also handles the sale of remedies for all those countries in the world that have not even been ceded to the Stuttgart laboratory in a treaty, that this Internationale Laboratorien A.G. Arlesheim handles the sale of these remedies for the world. It is a joint-stock company. And in view of the balance of the local sales of remedies and in view of the general circumstances relating to our sales of remedies, which are extremely favorable in ideal terms, the International Laboratories A.G. Arlesheim will be persuaded to take over the sale of remedies and carry out the purchase of the laboratory. But again, given the circumstances there in Arlesheim, I cannot imagine that the purchase price could exceed 50,000 francs. These 50,000 francs will of course have to be added to the Goetheanum fund, since if the spiritual enterprises are now independent, if they are given as a gift, but the donation does not receive any cash, so that there could actually be no question of this purchase having the consequence that compensation - which would in any case be quite minimal - could be paid to the donating shareholders.

Regarding the publishing house, I would like to say the following: I can only feel an obligation to the publishing house to save from it the anthroposophical books that I have written myself, the books that are the result of the extraordinary and meritorious research of Dr. and Mrs. Kolisko, the two brochures and another book by Dr. Wachsmuth, a member of the Executive Council at the Goetheanum, which is currently being published. That would make a total of books that could be worth between 25,000 and 30,000 francs. This is something that should be acquired and the income from it should go to the Philosophical-Anthroposophical Press. The other mass of books is such that, speaking purely financially and from the point of view of the Coming Day, I not only cannot feel any obligation towards it, but must not feel any obligation towards it. In the case of this mass of books in particular, it occurs to me that despite all the objections I raised at the time when this book publishing house was founded, this publishing house has only behaved over time in such a way that it has essentially counted on the consumers of the Philosophical-Anthroposophical Publishing House within the Anthroposophical Society; that basically those who at the time created a competing company for the Philosophisch-Anthroposophischer Verlag with the “Coming Day” publishing house with an alleged enthusiasm that was actually foolishness, could easily be taken to task for this. Therefore, I do not feel morally obliged in any way to take care of the remaining book stock of the “Coming Day” publishing house.

This remaining book stock brings me to another thought. In the future, I will have to work hard to ensure that no anthroposophical funds flow into economic enterprises that have nothing to do with the Anthroposophical Society as such. In this regard, there was a time when we gave in, but today it is imperative that no economic enterprises be fed anthroposophical funds in the future. Therefore, it was also necessary for me to ensure that in the future, the entire sale of remedies worldwide would not be based on capital that comes from anthroposophical pockets, but on capital from people who want to manage their own assets with these things, in other words, only by people who do not give the money for anthroposophical reasons, but only out of consideration for those who consider the sale of remedies profitable, without taking into account that this has anything to do with anthroposophy. In the future, these matters can only be dealt with from this point of view. The sale of remedies can be organized in such a way that, if it is also managed commercially in the future, it can become a profitable business in a purely commercial sense, given the great recognition that even those remedies find in the world that I myself have only, I would say, half-hoped for. But it can only be managed with funds that are given for the risk involved in selling the remedies. So I can also recommend to the Internationale Laboratorien A.G. Arlesheim, which will be based on the above principles in the future, the purchase of the sale of remedies here.

That leaves the Clinical Therapeutic Institute in Stuttgart, my dear friends. Although its finances are quite healthy at present, it cannot be thought of as needing any other kind of leadership than that provided by cash. In accordance with the intentions that emerged from the Christmas Conference in Dornach, the Clinical Therapeutic Institute in Arlesheim can no longer be a member of the International Laboratories A.G. in Arlesheim, but only the local laboratory and the sale of remedies. In the future, a spiritual institute cannot be associated with purely economic enterprises. For this reason, the Clinical-Therapeutic Institute in Arlesheim has also been separated from the International Laboratories A.G. in Arlesheim and has become an integral part of the Goetheanum. The same cannot be said for the ClinicalTherapeutic Institute in Stuttgart, because the Goetheanum could not guarantee or take on the risk of a penny subsidy. So the situation of the Clinical Therapeutic Institute in Stuttgart is such that it cannot be connected to the International Laboratories A.G. in Arlesheim, nor can it be connected to the Goetheanum for the simple reason that the Goetheanum cannot take on any risk. The only way to set up the Clinical Therapeutic Institute in Stuttgart is to make it a financially independent enterprise that can be taken over by a doctor or non-doctor who, if subsidies are needed, will take them on at their own risk. On the other hand, if subsidies are not needed, anyone with a little business sense can take them on at their own risk. But if subsidies are necessary, then the Goetheanum certainly cannot take them on. So there is no other option for the clinic than to make it an independent enterprise. As for Gmünd, I do not count it among the enterprises for which I am responsible; the “Coming Day” will have to continue to take care of it and find a way to make it profitable.

What remains, my dear friends, is the scientific research institute, which is almost heartbreaking when you have to talk about it in this situation. But as things stand, the fact is, on the one hand, that the “Coming Day” has no cash for this institute, that the Goetheanum in Dornach is in no position to take on any obligation for this scientific research institute, not even a single penny , so that there is no other possibility — not out of any wish or anything like that, but purely out of the economic situation — than, if no enthusiast can be found to take over and finance the scientific research institute, to dissolve it, to dissolve it completely. We may be burying the idea that we had in mind as one of the most sacred, I would say, to establish economic enterprises to serve the spiritual life. But the possibility of continuing this does not exist.

So the following situation would arise for the spiritual enterprises: the Waldorf School will be supported by donations. The Clinical Therapeutic Institute in Stuttgart will become independent and will be made into a separate enterprise; Gmünd will remain in the care of the “Coming Day”. The scientific research institute will have to be dissolved if no individual or consortium can be found to maintain it. My books and the others mentioned will be removed from the publishing house and it will be ensured that these books fall to the Philosophical-Anthroposophical Publishing House for further distribution. The rest of the book inventory must be sold on the open market to outside publishers. I would consider it inadmissible if any steps were taken within the Anthroposophical Society itself to sell the rest of this book stock and to found anything further on what lies within the Anthroposophical Society, because that would create competition for the Philosophisch-Anthroposophischer Verlag, and no one can demand that what the Philosophisch-Anthroposophischer Verlag is doing should also be undermined by further competition.

That, my dear friends, is the stark and sober truth, which is the only thing that is necessary in the current situation. If we succeed in appealing to the willingness to make sacrifices of so many shareholders in the “Coming Day” today, so that 35,000 shares of stock for the spiritual enterprises are freely available and allocated to the Goetheanum fund, then we can undertake the reorganization of these spiritual enterprises in the way I have described. I would advocate for the order itself and then the remaining 74,000 shares would have to be dealt with for the further operation of the purely economic enterprises that are part of the “coming day”.

Do you believe, my dear friends, that what I have just presented to you briefly, soberly and dryly has really caused me the most serious concerns for weeks, has led to the most difficult struggles. But when Mr. Leinhas came to me at the Goetheanum in Dornach a few weeks ago and told me that the last of the economic enterprises with which the “Coming Day” still had to reckon, which, in a spirit of complete sacrifice, had actually raised the lion's share of the subsidies up to that point, it was clear that this enterprise would no longer be able to raise these subsidies either. Then it was clear: this would mean the end of the possibility of continuing the “Coming Day” in its old form. Then, despite its material assets, the “Coming Day” would be without the possibility of creating cash; then a reorganization would have to take place at all costs. Since that time, the whole matter has been a great concern to me. As long as there was hope that the economic enterprises could be sold first, and the spiritual enterprises would remain as a kind of rump of the “Coming Day”, one could think that what remains could be organized in some way. But now that things have progressed so far that we are standing before the General Assembly and have asked you to come together beforehand in confidence, it is not possible for me to put anything other than what I have just said before you as a proposal.

That is the point at which I would like to open the discussion. I therefore ask friends who want to participate to speak up. We can then, after the things that have been presented have been discussed, move on to discussing what possibilities can be considered for the continuation of the purely economic enterprises. I should also mention that one shareholder, who owns the corresponding number of shares, has made available to me the amount that the Waldorf School in “Kommender Tag” is currently worth. It can also be assumed that a number of others will definitely give it. So it will be possible for the shareholders who are willing to transfer their shares in the way described to add their number of shares to a list that is being passed around.

> During the discussion, Emil Kühn asks whether it would not be possible for the shareholders who are donating today to participate in some way in the real values of the spiritual institutions.

Rudolf Steiner: As far as the economic enterprises are concerned, I myself would certainly be open to discussing the question that Dr. Kühn has just touched on. But as far as the spiritual enterprises are concerned, I would like to say the following: If the experiences that have been made in the economic management within the Anthroposophical Society in recent years are taken as a basis, then I can only say that I myself would not participate in the reorganization of the spiritual enterprises differently than if, in every respect, such conditions were created that would only make possible an administration in the spiritual sense for these enterprises.

As far as the Waldorf School is concerned, I would not be able to participate in a reorganization if, in any way, an economic administration were to be associated with this reorganization; and that would be the case if, in some way, the current shareholders of the Waldorf School were to participate. The Waldorf School can only obtain its operating funds from school fees and voluntary contributions, as I said before. And even if the property were there to begin with, it would always have to mean something quite imaginary for those who participate in it. The only healthy relationship is when the Waldorf School itself has this property, when it is given to it. On this condition alone, the spiritual enterprises of “Coming Day” can be detached from my proposal. I can say that I would only participate if a sufficient number of people were to give up their shares as a free gift - and this can only be done of their own free will - in order to find a solution. I myself would not participate in this solution if it were tied to the condition that gifts be made on condition that there should still be a participation. For that, financial administration would be necessary again, and I do not want to be associated with that. So I ask only those friends to sign up who are able to make their donations unconditionally, who want to place these spiritual enterprises on purely spiritual ground.

As you have seen, I have only made the proposals with a heavy heart. The proposal that has now been made is the most obvious one and has also been well considered. Otherwise it would be a matter of issuing bonds that would only represent an imaginary ownership. I want to keep away from anything imaginary. If the Waldorf School is not detached from an economic connection with the “Coming Day”, then I also don't know how the question can be solved, that I could remain the spiritual director of the Waldorf School. So I can't say what influence it would have on my own decisions if such a reorganization, as it has been suggested, were to take place. I have not appealed to a decision by you, but to the willingness of individual anthroposophical friends to make sacrifices. We do not have to bring about a decision if 35,000 shares are donated to the German Goetheanum fund as a gift – if Gmünd is dropped, it is only 29,000 shares – if 29,000 shares are donated to the German Goetheanum fund as a gift. I am not appealing to a decision, but only to the willingness to sacrifice in order to finance the spiritual enterprises in a certain way à fond perdu.

> [Further discussion of the donation of shares to save the spiritual enterprises, which would also relieve the economic enterprises. These should become independent and, if possible, be taken over again by their former owners.

Rudolf Steiner: My dear friends! The words contained in my proposal have, I am deeply moved to say, fallen on extraordinarily fertile ground. I do not wish to miss this opportunity to emphasize what seems to me to be important and significant, namely that despite the unfortunate circumstances that have arisen within the Anthroposophical Society as a result of various foundations - I have often spoken about this over the past few years - it has become apparent that the trust in the general anthroposophical movement is so great that we can only look on with the deepest satisfaction that this trust is so great that it has hardly been weakened at all in recent years, despite all the unfortunate measures that have been taken and that were intended to accommodate those who had the faith that such measures could do anything for the anthroposophical cause. I have already emphasized in various places how the reliance on purely anthroposophical ground since the Christmas Conference has been shown everywhere in the most energetic way, that trust in the actual anthroposophical cause has not diminished in recent months, but has become much greater. So that within Anthroposophy we can look with the deepest satisfaction at what is alive among us in this direction.

I must say that today, with an extraordinarily sad and worried heart, I set about making the proposal that I once had to make to you, my dear friends, after becoming aware of the situation of “Kommendes Tag”. And I could have well understood if this proposal had been rejected in the broadest sense. I must say that it is deeply touching and heart-warming that this did not happen, but that we can see that right from the outset, in the first hour, friends have agreed to donate 20,700 shares to the Goetheanum Fund. I cannot tell you how grateful I am for this very beautiful result, that we can look at this result, that the indicated number of 20,700 shares has been made available, so that in the very near future we will be able to achieve full financial recovery of the spiritual enterprises in this direction, as far as possible, and thus also be able to contribute indirectly to the recovery of the “Coming Day”.

This is an extraordinarily distressing result, and we can only look back on the proceedings of this meeting with the deepest emotion. I thank all those who were able to donate and did so, truly from the bottom of my heart for what you have done, which means an extraordinarily significant deed not only for the “Coming Day”, but especially for our anthroposophical movement. For if this willingness to make sacrifices is now being shown in spite of the failures of recent years within anthroposophical circles in such a way, we will nevertheless be able to achieve what needs to be achieved on our main path in the near future. And what needs to be achieved is what can be done through anthroposophy in spiritual terms for humanity and for modern civilization. Even if our material undertakings have not had the desired success, even if everything that has emerged from the threefold social order movement has basically fallen through today, we still have the opportunity – and this is solely due to the unlimited trust that our anthroposophists have in anthroposophy – to make further progress in the spiritual realm.

This, however, also imposes an obligation on me to continue in the way I have tried to make the Christmas Conference fruitful so far, by making the Anthroposophical Society ever more esoteric and esoteric, in an active way. It is precisely from what our friends have done today that I feel how strong the obligation is to continue in this direction in the most energetic way. If we stick together in this way, each doing what he can do, we will make progress on the appropriate path.

You see, my dear friends, there is still work to be done: the threefolding movement was founded here years ago. Individual enterprises have emerged from it. The part of the threefolding movement that should have been carried out in a purely practical way, for which practical collaboration would have been necessary, did not initially prove itself. On the other hand, far beyond the borders of Europe, especially in America, there is a great deal of interest in these impulses. Let me use this word, which has been so much maligned: These are realities of the threefold social order. It is becoming apparent that these impulses are nevertheless being taken up with a certain understanding more and more. And perhaps it will be good for these impulses in particular if we do not try to translate them into unsuitable practice in a hasty manner, but instead follow what I have often said at the beginning of our explanations of our magazine Anthroposophie: Threefolding can only take effect when it has entered as many minds as possible. We have seen the failure of applying threefolding to the outer practice of people's lives, but it will make its way into the world as something that is, after all, on anthroposophical ground. All indications show that our strength must be applied in the anthroposophical-spiritual field. And in this sense, I would like to tell you that I feel it is my duty and my gratitude to do everything in my power to further and advance the esoteric-spiritual character of our anthroposophical movement. If we succeed, and we must succeed, because the spiritual does not encounter obstacles in the same way as external material things, then the friends who have shown this willingness to make sacrifices will feel even more closely connected to our life in the Anthroposophical Movement in a renewed way.

Since it is already late, we may perhaps close today's meeting with this.