The people's voice. [volume] (Helena, Mont.) 1939-1969, 1943-01-29
We Can Have 1t If We Want 1t

What is physically possible is financially possible
1t has taken total to this axiom and the
ton which lays hold upon unlock the future
Every nation has seized today Men and materials the
only limits capacity to fight here in Germany.
had made money the limiting factor should have been
licked before started.
We cannot give the enemy that supreme advantage So
money trails along behind useful lubricant The London
Economist said not long that the business of finance
ing the to clear the track for the effort When
the people of country want something badly enough
they always afford it. provided they have the
the materials, and the know how
During the great depression Americans obviously did
want full employment and fubast production badly enough
If they had the would have come wagging its TAIL
it comes today
That Lend Spend Bill
We did not to 100 million man-years work
through unemployment from 1880 to 940 5000 billion of
goods which physically able to produce but did
produce The gloomy decade period of and
necessary waste Most of did not believe that what
physically possible financially possible.
We sat around watching the national income slide from
$50 billion in 1929 to $40 billion in 1888 and when any bold
spirit proposed to do something about it, crowned him with
the question: Where's the money coming from? We
beaten dogs To make the irony still there
money the system in the depression period than there had
been in the twenies The trouble that it
frozen; it did not turn
You remember how in 1885, Mr. congress
81 billion be expended for sound public works
highways freight cars hospitals the like Sen Bob La
Toilette and few other leaders supported him. But the ed
oria writer's coumnss commentators of the country almost
with voice, let out agonzed scream of horror you
can't do that it will bankrupt the treasury"
1t called the ''end-spend" bill, and congress- i'm
by such Niagara of authority promptly drowned the
proposal were
naughty word If anyone proposed to spend anything
put the unemployed work. he pgeonhoed class
with hiJackers and gangsers while 10 million unemployed
roamed the Streets because people would not spend!
Learning More About Money
The fall of France 1910 ended this preposerous
dox Mr. Roosevelt proposed to build $4,000 fighting air
planes the aforesaid editors and cried
Bravo He said would 80 billion dollars and they said
hell with the To date congress has appropriated some
5000 billion for war55 times much the lendspend
bill Is the country bankrupt? No. and is not going to be-
After the has its course, Americans going
to full employment and fu-bast production badly
enough materalize them? Physically the problem is
ple outlined the little book for the
Twentieth Century Fund "Goals for America Financially
The problem too complicated. We have learned lot
how works in the last decade and learn
ng every day.
sit here at my desk and jot down the names of half
lozen who could both plan and the financial machn
Try which could give substantially full employment after the
var could take whirl at the mechanics myself,
hough as an administrator am Henry j. Kaiser.
problem of where's the money coming from? not
alarming experiments with phony money schemes We
using echniques right Every financial gadget
which we need to the dollar circuit in the post
world, is N the works today-ether here abroad
Every fighting of the neutras using
gadges Britain, Canada, Germany Japan, Sweden,
Australia The financial in in the several
the principles Due to the spadework done
Keynes Casse Schacht and Others they know the mta
of money what it do, and what it cannot We are
be sure little backward here in America in applying