The Waterbury Democrat., 1944-09-05

hopelessness of trying to get tho a,,. swers to oil problems, tho committee boiled down the list to i7 projects on which it would conduct research,
 Here's an interesting sidelight, CED's research committee was head- cd by business men Ralph n, Fland. CTS Of Jones G Laughlin and Chest- O. Davis, president of the Federal Reserve Bank In st. Louis, But when It came to doing the work. CED had to call in professors and economists the same kind of experts who took such Q beating in Congress when OeA was having It's early troubles.
 Anyway, individual professors of economies from here and there were assigned particular subjects, given complete freedom of action, and told to prepare reports, CIID reserved the right to file dissenting footnotes and contradictory conclusions and rec- concentrations, but in the main the experts were given the liberty of do. Ing their stuff in an Ivory tower or after heavy consultation with prac. tical business men. All have chosen the latter method, and the two years of study are now showing res suits in the form of books and re. ports, most of which are too teeh- nical and dull to be good sleepy. time reading but all of which are supposed to be important,
 POSTWAR PROPOSALS
 Early in Septem ,er, CED will Is. sue It's proposals on "A Postwar Federal Tax Plan for High Employ. ment," which comes as Q supple- ment to "Production, Jobs and Taxes" CED research report pre- pared under the direction of liar. old Groves, University of Wlseon- sin economist. CED's tax plan will come out in time to have full impact on Congress, which has not yet be. gun consideration of postwar taxa ton, Some of the other CED pro- pos0ls may miss the boat, however, for Congress will have passed legis- lation on surplus property dispoBal and reconversion policy before oil the economists research or the com- mittee'S recommendation are off the press.
 Ali of the CED research ls shoot- ing at objectives of providing jobs for over 6o,00o,0oo workers, with e national income of 10000, ,000, 000-- both well above the levels of io40- to prevent unemployment and de. precision. Of the l7 principal subjects which CED research is tackllng, seven are long-range studies and 10 concern problems Of the difficult transition period, readjusting from war to peace.
 PUBLICATIONS PENDING
 Tn addition to the tax job men- toned above, only other study to be made public Is "The Liquidation of War Production" bl A. D. II. Kaplan of the University of Denver, with CEDs recommendations of what ought to be done about It.
 The eight other hot--to business men-transitional topics which CED research is looking into are on re- moving wartime economic controls, financing the reconverslon and ex- pansion of business, manpower de- mobilization and unemployment, providing for transition unemploy- ment, money and banking policy, agriculture after the war, interna- tional economic relations, and les- sons of World War I.
 give a good idea of what the coun-
 8aken together, these 10 subjects try is up against for the next few years. But how much effect all this planning" by private enterprise has on government policy determine tions is something you'll have to wait and see.