The Ypsilanti daily press. (Ypsilanti, Mich.) 1928-1962, 1942-01-26

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rather rapidly changing way Of
life will be gone for good by the
time we've finished the job.
The governments own econo-
mists admit that we'll wind up the
war with a national debt many
times heavier than the whole
worlds combined Indebtedness ever
was before.
Footing that bill will take gen.
erations and generations, accord
ing to the prophets of gloom, and
they warn us that it'll be task
that can't but force a complete re-
organization Of our countrys econ
omy, greatly lowering living stand
ards, boosting taxes sky high and
compelling unprecedented business
RECOMMENDATION.
It's quite awhile since the White
House tenants financial, military
and production experts submitted
to him a report estimating that de-
feating the Axis will run TO a total
of from 120 to $50 billions. Maybe
the figures would be higher now.
Expenditures either appropriated,
authorized or asked for since June
80 1910, already foot up to ia bill
lions. A little matter of Sc billions,
between ia and $50 Of EN-, GER
tainly won't last long if the con-
fict strings out considerably. Sem
ator Willard (. Tydings OF Mary
land, a pretty close student of the
subject, reckons that there'll be at
least two years more of it. That's
his minimum. Afterward it may
go on indefinitely, for all Millard
says he knows.
A TrilliGn Next
A trillion will be the next mile
post.
Now, that debt is going to be a
permanecy, so far as concerns a
century or two ahead. It's too soon
to predict what effect it'll have had
on our way Of life by the time the
year 2042 or 2142 rolls around.
We can see certain changes that
are being made today, though.
Are they going to be permanen-
cies, too, or are they just for the
duration
We can't yet answer that ques-
ton, either, but some OF us may
live long enough to ascertain.
That probably won't involve wait
on into near-infnity.
We've a censorship, for example.
Will it end when the war does ?
The last one did, when that war
ended, but it doesn't necessarily
follow that this one will also. Per-
haps well get the habit.
The other day congress passed
bill empowering the president to
take wartime command of all tele-
graphic and telephone commuica-
ton facilities. Senator Robert A
Taft Of Ohio gave it as his opinion,
in the course Of debate, that, the
president having done so, such IA
ciides never will be returned to
private control. AS a matter Of
fact, they've governmentalized in
a lot Of countries. as part Of their
postal systems.
Then there's the ADMINISTRATORS
order scattering numerous federal
agencies throughout the country,
out Of Washington.
Ostensibly it was issued because
the capitals so crowded, but Sena-
tor Pat McCarran of Nevada de-
clares it's the first step in move
first TO decentralize the present
government, in order to reassemble
it later as a super-go.ernment un-
der completer execu..ve domina-
ton than today's
RECOMMENDATION Here
OF course, it's evident to every
body how strictly industry is being
brought under Uncle Sans thumb
The average civilian hasn't felt the
effect Of it much yet, with the ex-
ception Of our huge class Of auto
tire users, but it'll catch EN- in the
form Of retail sales regulations
generally, shortly, and then the
rank and file Of us will begin &c
find out what regimentation's like
Win 1t pass. directly after, the
wars end? Or viii we have &C.
quired that habit, too?
Conditions promise to be differ
ent from those that prevailed in
1918.
We were socked with a terrific
debt at that iuncture. but a mere