Montana labor news., 1944-03-16
SENATOR'S FULL
EMPLOYMENT Is
KEY TO WORLD PEACE

! WASH1NCTON.-(F Full employ
ment and full production are twin keys
to world peace in the postwar period.
A program of international economic
collaboration aimed at using the keys
was laid before the Senate March in a
Joint resolution introduced by Senators
Elbert D. Thomas D.-Utahl, Harley M.
Kilgore DIV. Va, and Harry S. Tru-
man (D.-Mo).
The resolution would set up a foreign
economic commission to serve as a
clearing house for the many diverse
thoughts and opinions on economic poli-
cies. On it would be representatives Of
government, business, labor, agriculture
and the public, all working through a
SINGLE medium and building in an at
mosphere of hope to open up new hori-
IONS for the economic progress Of our
own and other nations.
In Joint statement, the three sena-
tors said "the future peace depends upon
an economically healthy U. s., and We
cannot have economic health without a
volume of foreign trade above and be-
yond anything we have ever had before.
Our annual national output now
equals 200 billion dollars, or twice that
of 1910 when measured in dollars and
cents Our production of durable goods
is three times what it was in 1929 and
four times what it was in 1899
I'VE have made these gains in war
time with 10 million Of our best men
and women in the armed forces. After
their return from the conflict, and with
the adjustments that will follow we can
increase our national output very mate
rally if we embark upon a national pro-
gram that will insure full employment
and fun production. Add to these new
forces the production techniques devel-
oped during the war, and it is soberly
within reason, two years after the war.
to realize q national output Of $50 billion
dollars
The senator's warned that the future
peace depends on the the abandonment
of political nationahsm and economic
imperialism and autarchy (self-suffi-
ciency they called for the extension of
the Good Neighbor Policy and said that
by doing so. quickly I'VE can forestall the
growth of areas of economic disaffection
which eventually enlarge into world
wars"
Recapitulating, the statement said we
cannot help but be sobered when we re-
alize on the basis Of present facts, that
this country has within its grasp lead
ership which will determine the happi-
ness and prosperity not only of our own
1870 odd millions, but of hundreds Of mil
lions Of people in the years to come, That
We can control a destiny which if m-
wisely used may bring depression and
ruin, hunger and death to great numbers
of the worlds people"
AS one instance Of this opportunity,
the statement cited the case Of China,
which it said has no network of roads,
canals, railroads to compare with that
of the U. S But with the help Of the
great productive facilities of the U. S.
particularly of our airplane industry,
China can vault across the stages of
transportation which took America 100
YEARS of invention, improvement and
development.
China can leap literally from the ox-
cart stage to the airplane stage. Given
strong development of transportation
that country can develop industrially
at faster pace, purchase more from US
as she develops more, and thus in very
short time operate with the U. S. on a
basis of reciprocal development and re-
ciprocal economic relationships The
same is true for other countries"