Arkansas State press., 1941-10-17

fled for prizes. Nearest h Z vert
ment in the pic ura: The nationa
income in 1913 is likely to h'
f2105O0000o, oao, biobest this eoun
try has ever known.
The pGotloms says the board is
TO keep that full employment. Be
eae=e eer we probably would keer
The hieh natlanal income, and II
turn than high income would make
it easy to keep people at work,
Works Program Planned
Manv things will help, says DR.
Isaaer Lu6in He has been Dor
roved from The Labor Department
10 become economic adviser to th'
President Il says;
/ I. A reserve public works pro
gram is beieo planned to give jobs
the minute he war industries stop
County, city an1 state commit
ties are sargeene their eanlmuni
ties needs right nov Engine ers
ere drawing plans Financial men
are estimating the costs Of Iutne
nroiecrs. Thcsp nlans, eompl ted
ard approved, viii pc on shelf
Ldbin emphasizes. TINT lis hope
| for an easy transfer from defense
to peace production 4 pen 5 on
what CONGRESS- does about price
control, since a serious imitation
could cripple any postwar ploa,
ming.
| Cushion for First Weeks
2. Luhin declares that memnl1y-
! ment comp nsatian paid out un
der tha social sectri'v act, should
Ieushion the first weeks Of unam-
ployment for many millions. I'm
der the present laws the average
PAYMENTS are made for only q
| l6-week period. Lnbin is urging
that the period be ext nded a,7
that payments ha raised to insure
buying power, He recalls the les
son of he '30s when many mil
lions had such small buying pow
ar that the repercussians were felt
all through industry and finance
8. Lubin and other administra.
ton leaders generally believe il
is important that Americans save
now when they have an income
Savings at his point says I.nbin
would hqg tive good effects: Give
the saver d nest EGG if he is tenn
porarily out of work when the wan
industries shut down; and since
the money he saves now and means
that he's denying himself things
he'll buy once the war-emergencies
are over, the backlog Of needs
should aq rs a shot in the arm tc
factories turning out furniture
coats, autos and housing, and sc
k cp men at their jobs.
Likes British Plan
The baby bond program is down
this alley The man who spends
S37 so for q baby bond doesn't
spend $3.50 on a new overcoat
The new limitation of install
ment buying is another attempt
to help Americans save, 1t makes
it more difficult to buy for the
man who doesn't have the cash.
Lubin likes the British idea OF
forcing people to pay high taxes
now, parr Of which goes into a
forced purchase Of a government
bond which is cashable after the
war. Lung thinks that plan would
benefit the United States.
subsi les for Factories?
4, It's possible, says Lubin
there Will be some subsidy pro-
gram to factories to help keep
them running at foil employment:
and to produce both our needs and
goods for shipment abroad.
5. In several offices this idea
is being discussed: This armament
program must slow Gown gradual
ly. and not be snufed out SO
quickly as the one Of 1878. 1t
is not likely that we'll scrap our
ornaments this time,
G. There is talk Of expanding
existing industries for which
there is need. The implication is
that they would get government
help.
Those industries include (a) the
railroads, (b) the aiiplane indus
try which is expected 10 develop
q new and Urge air freight sys-
ten, (c) the power industry ano
I'D enough new housing to wipl
out Americas slums.
Program for Farmers
But all the foregoing is about
people who work in cities.
The full employment picture
would mean two things for he
farmers: Americans would be able
to buy more food and would b
tTlying foods in changed propo-
tions.
Past surveys have shown thai
Americans buy more wheat III
slmps; in prosperous times. they
ircreose mlrchasa of meat, eggs