Milford chronicle., 1944-01-21
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ANGfGl AdhG GOuiAoCA VI gSoA
fears.-Stonewall Jackson.
/s/s/
1T is true that we must all eat
in order to live, but it is also true
that man cannot live by bread
alone. The man who places free
dom from want above freedom
should sell himself to a totalitarian
government
Stimulated by the New Deal
idea-it cannot be called philos-
ophy-the people are nudging and
crowding each other trying to get
something for nothing like hogs at
a trough. What will happen to
them when the few with brains
enough to mix the swill refuse to
carry it to them? 1t will then be
up to them to root hog or die. -
Manufacturers Record.
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The extent to which the prob
lens of debt and taxation can af-
feet future progress in the United
States, was lately summed up by a
noted financial writer in language
any layman should be able to un-
derstand. He declared that: Apart
from the danger of imitation getting
out of control, one of the worst
features of a mounting debt burden
is the scramble of different groups
of taxpayers to shift the taxes to
other shoulders. In this struggle
for advantage, the contest is almost
inevitably resolved in favor of
those groups having the most po-
litical power. What emerges is
tax system based more upon politi-
cal eXpediency than upon sound
economic considerations E"
Public debt and the burden of lop-
sided taxation on the most produc-
grown so great that some equaliz-
ing adjustment must be tmade after
the war is over or dreams of full
employment and general advance
ment will not materialize. There is
no use adopting a hardboiled policy
in the belief that government will
take care of us if private industry
fails. If private enterprise fails.
so will the government-the gov
ernment lives by the productive
effort of private enterprise the
same as the rest of us. And it
should not be forgotten that indi-
viduals laboring in the hope of re-
ward are. in the last analysis. the
sparkplugs that keep the machine
running.
These are simple truths that we
are dangerously close to forgetting.
Theh most important step that has
been taken in many moons toward
insuring continued progress in this
country. is the widespread move
ment to limit by Constitutional
amendment the peacetime taxing
powers of the Federal government.
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THREAT OF RISING PRICES
In the opinion of auto manufac-
turers, the price of cars will be 40
per cent over 1941 when produc-
tion is resumed. Measured by pre-
war standards, there. will be no
such thing as a cheap car. This .
illustrates the change in values
being brought about by the war.
Our country has achieved unpre-
cedented progress because our
and distributors
made goods and services available
at prices everybody could pay.
Mass production and mass distribu-
tion revolutionized the living stan
dards of America. The present
trend toward higher prices can be-
come a threat to mass production
and mass distribution, both of
which rely for existence on low
prices. After the war, unless man
lfacturers and retailers can Offset
rising costs with further improved
operating techniques, living stand
lrds will decline.
However, manufacturers and re-
alters cannot attain the impos-
iible. No matter how progressive
may be, if every
move toward greater efficiency or
greater productive effort is con-
inually countered with increased
axes or punitive political action,
he result cannot be other than dis /;
strous for the country.
In the past. the nations chain
torres were forced to progress
gainst special taxes and legislative
that would have de-
troyed many less energetic enter [
rises. They survived because they (
He'd basic consumer need in the
eld of retail distribution. Right