Milford chronicle., 1943-04-09
ooe
Courtesy industrial New Review

Courtesy Industrial New RevleWI
Advocates OF Il socializcd bureau
cracy invariably introduce their
schemes as part of broad, hencvO-
lent programs that are hard TO
criticize because supcrticially they
sound so good Always they are
represented as coming direct from
the heart of the masses and are
therefore an CneXOrable demand
which il is undem0CratiC To OPP
pose
Most of these schemes. as their
first objective. seek to destroy pri-
vate ownership and management OF
basic industries Basic industries
such as mining, electric power and
oil are the hulwark OF free enter
prise. They are easy to attack for
the simple reason that they seem
remote from the welfare OF the
butcher. the banker, and the can
dlestick maker Actually if they
should fall under domination OF
boards and bureaus and patronage
loving politicians, the end OF in
dividual liberty for all Of us will
be in sight. \ bureaucracy that
controls a peoples source of jobs,
soon lays heavy hand ou per-
sOnal freedom.
That the people of the United
States want no part ~ alien bu-
reauCracy is ahundanrly clear Rob
ert Wait. labor leader of great
prominence in government, has
said: After this wal want no
gigantic governmental ReCOnstruC-
ton Finance Corporations to
finance business and dominate it;
and l want no gigantic govern
mental Works Progress Admins
tration to employ labor and doni-
nate it
And again, William Green Pres
ident of the American Federation OF
Labor. has warned: III this oOun-
try ever gets a system Of govern
mental recommendations labor will
suffer most Labor. therefore. is
deeply Interested in the preserva-
ton OF private business: and labor
should everlastingly maintain that
the owners and managers OF bust
ness are entitled to a fair and just
return upon their investments.
Americans want to remain free
under a regulated capitalistic syS-
TEN. protected by constitutional
They must not be
fooled by the false promises Of the
get e-thiug-for-nOthi philOso-
pliers.
/s/s/
The nation has tWotold interest
i'll maintaining sound railroad in
dustry. A strong and efficient I
transportation system is the only
kind of system that can haul the
loads imposed by war, and AT the
same time meet the heavy costs
demanded by the eXigemcies OF war.
During the first ] months OF
1912. the tax bill of the railroads
was greater than in any correspon-
ding period on record. amounting
to $1Il9.S29.314. Taxes for 1912
were far larger than net operating
income after interest and rentals
They were more than double those
Of the preceding year. And this year
will inevitably see further heavy
il crcases in railroad taxes
In addition to rising taxes. the
railroads have had to pay a stead
lily rising wage scale. Wage in
crrases put into effect during 1gil
total approximately $397 900 900
per year Costs OF fuel materials
and supplies have risen about Sll0.-
100000, All of these added costs
are being paid by the railroads
without any resultant impairment
Of service Since the war began
i'm Europe. they have invested more
than one and a half billion dollars !
in improvements to their facilities. ,
On the other side OF the ledger.
Notwithstanding rising costs, the
railroads have reduced rates and .
'ares by more than 5000, 100000. +
On the average. the cost of ship /
ping by freight is at the lowest
point in twenty years.
All of these things the railroads =
lave been able to do because they
ire strong and efficiently operated
rhey cannot remain strong. no mat !
er how efficiently operated. if un-
justified rate reductions are forced
lpon them.
/S/s/
American research laboratories {
lave again won military victory. (
The, headlines will not call it that,
)ut that is what it amounts to. i
An Eastern oil company has an {
bounced the development of new {
technique which will pro- &
luce gasoline that should increase {
he power output of aircraft en- '
ines from 23 to 35 per cent. This '
dded power will give fighter planes '
substantial increase either in |
maximum speeds or rate of climb.
Iombers will be able to get off the G
rn1rpd vvit ba haavieF load and