The Ypsilanti daily press. (Ypsilanti, Mich.) 1928-1962, 1941-10-24
ey Roaer w. eahson

/ - NJ ~hAaeEsf w.
recent column, in which / dis
cussed what would happen to bust
ness after World War IL, has
brought TO me several suggestions
Among these is one from f. H.
Pearson OF Autaugayille. Ala
which desire to pass on to read
ers. Strange to say, letter
along the same lines came to me
a while ago from a group OF
economists in Holland.
What About Markets.
The immediate need after tbs
war will be for markets for peace
time goods. These must be manu-
featured in great quantities in
order to keep employed the mil
lions now engaged in the manufac
ture Of munitions. Furthermore
We are to have a great demand for
machinery, Building materials. and
merchandise from abroad by peo-
pie who have no money with which
to pay.
We, therefore, must work out
some way to consume the finished
goods which we are then able TO
produce apart from the wearing-out
process and a World War every %
years. A trade-in plan such as
the automobile people have de-
veloped but made applicable to all
industries has possibilities. Con-
sumers need be trained to replace
goods before they wear out.
We viii Need New Machinery
We are advised TO look for new
uses and new products for raw
materials and finished goods. This
means new markets must be Sc
cured. Manufacturers are today
using fully deprecated tools and
machinery which they should
trade in for new machinery so as
TO give the American people bet
ter goods for less money. Pros
perity comes only from lower
taxes and lower prices. Continu-
Gus employment is far more i'm
portant than increases in wages or
unit profits.
We need some way to make Il
possible for the worker and those
having private funds to consume
the new finished goods that will
be available few years. hence.
Those who have funds to buy with
are usually thrifty people. Be-
ing thrifty, they wear out the goods
they own unless they are offered a
value for such goods. Cannot the
trade-in system which has been
used in creating the automobile,
refrigerator, ano stove markets be
applied to 100 industries?
Europe After the War
After this war is over our neigh
Dor nations in war-torn Europe and
Asia are going to look to us for
food, clothes and-etheF- products
One good crop year in Europe will
in a large measure greatly help
solve the food problem Their lack
Of raw materials, however. will
make it difficult to make machines,
clothing, bedding, and many other
things for years TO come We
will have to help these people in
one OF two ways:
ID With our warehouses full to
overlooking with raw cotton and
other products and our manufac-
turing setup geared to convert
these into finished goods, we can
continue to tax our over-tNxed
people by buying such new finish
ad goods fror,, our ,,,apufa ct,trors
and shipping them to needy ma
tons: or ~ we can now organize
trade-in centers, selling our new
goods to our own people and ship
ping the used goods abroad
earnestly urge the latter policy.
Establish Trade.in centers
We could have trade-in setups
in all trade centers OF our nation
without any more government en-
ployes. We have plenty of federal
setups now functioning which can
be used for this purpose. To these
centers our consuming public
could carry their used-goods and.
after having such goods appraised,
receive a trade-in certificate from
the federal appraiser. This Ger.
tifcate. II used in ten days, would
be good as cash in the purchase
Of new machinery and goods cost
ing three times the face value Of
the certificate. The used ma
chimes and goods would be for
export In fact, no new products
should be allowed TO leave the
country except as paid for by &c h.
We will have accomplished the
following: Remove from the chan
nels of domestic trade enough used
goods so that our consumers are
able to replace such used goods
with new merchandise. Two-thirds
Of the cost would be paid for by