The people's voice. [volume] (Helena, Mont.) 1939-1969, 1943-11-05
IS NATURALIZATION OF
INDUSTRY In PROSPECT?

eral investments in other branches OF
| industry.
Due to war emergency, one of the
major factors in the evolutionary
process, our federal government has
an investment in the aviation indus
try Of $1,000, 100000 almost two and
three quarter billions of dollars)
which is approximately TEN TIMES
the investment Of private enter
prise. The question then arises
WHAT is to become of this enormous
| investment after the close of the war
Is it to be allowed to trust out" or
will John Citizen insist upon its eff
cient utilization by his government?
Questions of this sort cause even the
most "gyro-stabilized" of aircraft cor
poration executives to "wabble their
wings" and indulge in spasms of the
capitalist jitters."
In the Aluminium industry Uncle
Sam has an investment of 100000, 900
capable of producing four times the
1899 national capacity Mere sugges-
ton that Uncle Sam should, or might
produce all of Mrs. John Citizens
kitchen utensils after the war is suffi-
cient to cause the shade of Andy Mel
Ion to do capitalist Utter" with a
few ''improvisations" of his own.
In the Synthetic Rubber industry,
Uncle now has an investment of $685.
100000, capable of producing one
third more than our total national
production of natural rubber prior to
the outbreak of the war. Shades of
I. G. Farbenindustrie, and their Amer
lean "side-kick" Standard Oil And
poor old Standard is due for still
another "jolt" Uncle" has a cool
half billion investment in the Hi-Oc-
tame Gas industry, with twenty plants
owned outright and another thirty fl
nanced with federal funds. The
thought of what is to be done about
this investment after the war is suffi-
cient to make the ghost of John D.
quarter for dime and do a
new version of the capitalist filters
up and down the golden streets"
(if that is where he is located).
In the Steel industry Uncle" has
so far only invested paltry billion
(Which may explain the administra-
TONS solicitude for the Little Steel
formula) but nevertheless this invest
ment is capable of producing ONE
of the total national capacity.
Again the question arises, What If
John Farmer should insist that "Un-
cle's" Farm Security Administration
make efficient use of this investment
(Which John Farmers taxes helped
to acquired and provide him with his
farm machinery and repairs at cost
Of production?
In the Magnesium industry Uncle
has a mean investment of only $780,
100 900, which however is 500 of the
.otal U. S. capacity, while in the |
pipeline branch of distribution Uncle |
nay be as yet regarded as "piker"
,ince he has an investment of only |
$50, 100000 However give him time,
md with continued gas shortage |
IN the eastern seaboard we may rest
assured that economic necessity will |
,ompell him to remedy such a minor
iefect.
These investments of "Uncle's"
lave been financed, and paid for out
If taxes levied upon John @. Citizen
md from bonds which he has volun
arily purchased, partly because he
wants his sons back from the war as
quickly as possible after Hitlerism
las been exterminated, and partly
90 because he realizes that If the job
s to be done properly it must be done
" himself or by his agent the gov
rnment, not left to the vagaries of
Free (booting) Enterprise" which is
Interested mainly in profits and there
ore has stake" in prolonging the