The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1942-06-09
Nationally Prominent
Speakers To Address
Country Club Meeting
United States Greatly Influenced By Threats to
AsiatiC Nations Declares Henry H. lehman;
Outlines CredO for Victory, Peace

The talf Of Mr.. Heimann follows:
lows:
I'm the midst Of war policy and
personnel changes, rationing and
readjustments, higher taxes and
even higher deficits, It Is possible
that we may develop too close an
interest In the passing scene at the
expense Of the broadr VIEW" Mr..
Heiman said.
Consequently It Is essential that
we pause, II only briefly, to study
the trends which are being develop
ed by our day-to-day actions. Some
of these are contradictory and their
results must await future develop
ments. But others are revealed with
a relative clarity that cannot be
questioned.
I'm this global war every nation
and every individual Is actually or
potentially involved" he stated.
World Affected
"The close interrelationships Of
the nations Of the world are en-
phasized when we note that the
threats to q small portion Of Asia
can influence the type Of work that
a resident Of the United States per-
forms, the amount he receives In
compensation, his means Of going to
and from his work, thte kind and
amount Of Sweetening he can have
for his breakfast cereal, the thick
ness Of the leather soles Of his shoes,
as well as his prospects Of future
security.
1--WE are also witnessing the emer-
gence of a world that may well be
destined to have many more inde-
pendent national units, and many
less that are empire-controlled.
"And for the successful prosecu-
ton of the war there will be de-
veloped, both In this country and
In many other nations, an increas-
ing degree Of self-reliance. For ex-
ample, a large number Of products
for which we have relied on the
East Indies will be available to US
In the future in the Latin American
area.
I'm other lines we will witness
this vital development within our
own borders. The synthetic rubber
program, which will eventually make
our dependence on outside sources
of natural rubber less necessary, Is
q significant example"
Postwar Production
Another trend that will have its
influence in the postwar years Is
arising from the vast expansion Of
productive facilities both In this
country and throughout the world,
Mr. .Heimann noted.
EFT Is undoubtedly true that the
world-famed American initiative
will not permit our expanded facil-
tiles to remain idle" he said. ''They
will be converted, after the war Is
won, to the renewed production. Of
capital and consumer goods, to re-
finementS and improvements Of ex-
listing items, as well as for the in
PRODUCTION of new goods.
1.-THE future cannot be blueprint
ed exactly, for the world is COM
posed Of human beings with all
their foibles and varied backgrounds
rather than being made up OF q
series Of forces automatically act
ing and reacting upon each other.
"But it can be stated with con-
fidence that the postwar world,
while vastly different from todayS,
need not and will not be one Of lack
of opportunity or lack Of reward.
an the tumultous hours through
which we are passing, 1t is well to
keep in mind both this vision Of
better day and the forces that are
now operating to offset the negative
trends which are so numerous and
and so easily discernible in this
war-torn world"
Wartime CredO
In closing his address, the credit
executive outlined ten-point credo
which he declared will help this