The third-term senator also outlined two other facets of his economic platform.

*A monetary policy with a "predictable" growth in the money supply, and an emphasis on reducing interest rates rather than on keeping down inflation.

*A government economic policy "more like Japan and Germany. "The two countries, he said, are benefitting from low defense budgets compared to the United States.

Taking an indirect job at Mondule, who has told union groups that he supports some protectionist measures, Cranaton said he supports lowering tarriffs to improve foreign trade.

Send In the Marines

Cranston also devoted a large portion of his speech to criticism of Reagan's foreign policy.

"Soviet-American relations are at the worst point since the Berlin Blockade," he said. "For the next 14 months, this country will be led by a man who thinks that the way to solve every problem is to send in the Marines."

Cranston said that Reagan's choice of directors of the Arms Control Agency indicated a lack of concern for arms reduction.

He quoted, for example, a remark made by Reagan's first director Eugene Rostow at his Senate confirmation hearings. Rostow he recalled, said that Japan "not only survived but flourished" after two bombs were dropped on Hiroshima and Nagasaki.

Cranston is the third Democratic contender to appear before a Law School audience. Sen. Ernest "Fritz" Hollings (D-S.D.) and successful 1972 Democratic candidate George S. McGovern appeared this fall.

Jamon A. Anwood K. president of the student run Law School forum and yesterday that Sen Gury W. Hart D-Cubo) and Glenn expressed interest in speaking and that Mondule has given an "unequivocal yes"

All three will probably visit next spring, he added.

Attwood said that the Porum also invited Reagan to speak, but was not optimistic in light of the negative reception accord Secretary of Defense Caspar W. Weinherger '38 on his visit three weeks ago