The Waterbury Democrat., 1945-09-26
Locale. of C. Urges DeIoy
(oontlnued from Paee D

(Continued from Page D  1 port to you, in this letter, the re. suits of this survey, In the hope that 1t will be helpful to you in conSid- erlng this legislation,
 "The Chamber of Commerce oi Waterbury, Connecticut, 1nep hai carefully surveyed the city's ems ployment situation. The opinions here expressed are based upon factual data and surveys of post war employment among all our in' dustries, trades people and service organizations which survey has been In process for the past eighteen months.
 We feel strongly that Congress should delay action, temporarily at least, on this type of legislation. It iS of major importance, It must op- crate proSpectlvely in 0 world whose economic structure Is not yet set- tied. Prudence would indicate that 0 longer time elapse after V.j Day before the adoption of such Q long term program, so that before It's adoption, the form of our future problems would be clearer and SO that we could more effectively legiSlate to meet them.
 while It Is recognized that op- portunity for gainful employment should Do available to oil, to assure continued prosperity In the post war period, and while 1t is reoog. nlzed that federal legislatlon in some form may be desirable to secure this employment, the Chamber of Com. merce of Waterbury, Connecticut, Inc, dlsapproves of the specific bill known aS the Murray Full Employ. Iient Bill, for the following reasons:
 Views
 "(l) Tn view of the evident rapid changeover from war to peace.tiIle production and the relatively high rate of unemployment which Is now taking place, it is wise to withhold any plans for federal expenditure during this reconversion period, 50 that private industry can provide the maximum of jobs with . free reign. When normal peace-time production is in full swing, the prob- lem can be studied ct that time with Q view to determining what plans might then be developed based upon actual need, If any then exists.
 "(O An adequate number of gov- ernment agencies already exist for preparing the economic data pro- vided for in the Murray Bill. The new Economic Council would, there- fore, merely duplicate present gov- ernment bureaus.
 "(0 Government spending, as expressly provided in this Bill, will discourage workers from seeking productive jobs in private enter- prise.
 "(D Government spending inc wolves higher taxation which Is likely tO create inflationary tend- encies detrimental to the best in- terestS of both Labor and Capital.
 "(6) Forecasting of economic trends on @ yearly basis, as provided for in the Bill, is impractical due to psychological reactions which make changes far too rapid to predict.
 "(0 The forecasting of future downward trend in production and employment by any advisory coun- cil would tend to create a fear psy- chology which would definitely hasten the downward curve. thus bringing on worse depression than might otherwise result. This would be detrimental to all interests in- volved.
 "(D Private enterprise needs Q favorable atmosphere during recon- version for creation of the maxi- mum number of jobs. This would be seriously hampered by the addition of another federal agency charged with short term economic planning.
 The Chamber of Commerce of Waterbury believes that there is no substitute for productive jobs in private industry. It fears that this legislation would not produce them"