The potters herald. [volume] (East Liverpool, Ohio) 1899-1982, 1938-11-03
The Cherry Tree
Where We Hdtchef Gu,
The Truth
O PRICE INCREASES
O WORKERS FOOT BILL
. KENNEDY IN NEWS
o NOTHING NEW

Warning of price increases is heard
in the land.
Everything from beans to structural
steel is going up, it is asserted.
Secretary Of Commerce Roper says
premature prices boosts might impede
business recovery.
Others take gloomier view and say
the nation is headed for a time of
steadily rising prices, which will pinch
the workers severely.
Business will cut it's own throat if
it doesn't keep prices down.
1t has profited nightly in the past
from quantity production at low prices.
This plan still works.
new pamphlet by the Public At
fairs Committee places emphasis on
the power of the modern industrial ex-
ecutive to adopt sensible pricing
policy.
'Instead Of adding costs together in
order to arrive at price, aggressive
business men have started with the
needs of the consumer and his ability
to buy, and then set about finding a
way to satisfy these needs at price
the consumer can afford to buy" says
the pamphlet.
X X X
Prices in the United States can
hardly escape being affected by the
proposed big new armament program.
The program will cost money
plenty of money. Some estimates
place it at a billion dollars,
The worker will foot the bill. He
will pay and pay.
These facts are plain.
The armament program may be
wise or it may be unwise; it may be
necessary or it may be unnecessary.
This is not an argument pro or con.
1t is a plea for understanding what
a vast armament program will cost
interms of human welfare.
Such program will bring higher
and higher taxes.
1t will bring period of de-
clining standard of living "a
period into which the whole world
seems moving.
1t will place load on every citizen,
since big slice of the national income
will go into non productive instru-
ments of death.
X X X
Edward F. McGrady warned the
International Labor Conference at
Geneva last year that ornaments
placed staggering load on the work
er and threatened even our present
inadequate standards of living"
Now comes Joseph P. Kennedy,
American Ambassador to Great Brit
ain, emphasizing the same thing.
"The arms burden, in the final an
alysis, comes out of the livelihood of
the workers of the world" Kennedy
said recently.
Monopoly investigation headed by
Senator O'Mahoney is hiding it's light
under a bushel or something similar.
September and October were sup
posed to see the investigators in full
cry, according to advance ballyhoo.
Can it be that politics and the cleo
ton have something to do with the de-
lay in starting the hearings?
When the investigation does start,
IL Will De following IN the pain OF a
committee which made a monopoly in
quiry way back in 1900, nearly 40
years ago.
Oldsters recall the report in 10
volumes, signed, among others, by
those hard boiled reactionaries, Sen
ator Boise Penrose and Representative
! William Lorimer.
| Most of it's recommendations have
since been made law. One which has
not was proposal for Legislation very
similar to the Federal corporation
licensing bill introduced by Senator
O'Mahoney and much in the news the
last two years.
"There is no new thing under the
sum-" it was pointed out long ago.