The Waterbury Democrat., 1945-08-15

NOOltAAluCU HUH E6S0 4I rent controls and wage stahilization must be continued.
 Wherever price ceilings win not be endangered" the reconversion chief promised. collective bargain ing will be restored" Wage and price boosts will continue to be ale lowed to correct substandard pay scales. relieve hardship and to stim- ulate increased production.
 5. Congress will be asked soon for a number" of laws deemed vital to the program. These include in- creased unemployment compensa- ton benefits. revision of the fair labor standards act to increase n1in- imum wages, a tax program to stim- ulate production and to maintain markets, public workes program ap- propriations, continued operation of the United States employment serv- ice.
 Snyder said his program would be flexible and the government will be prepared Ito change and adjust .. tactics to meet new problems and take advantage of opportunities"
 we can not make millions of job shifts, cut of billions of dollars in war contracts, radically change the character of our national output, without meeting many unexpected situations" Snyder said.
 "The outlook for this peacetin1e victory is bright" he said, "but 1t will not be won easily nor immedi- ately."
 The urgent need to boost peace time output to history-making heights is "the keystone of all the governments economic policy and planning" he said.
 Full Employment Outlook
 With the help of all the nation, the report said, the government hopes eventually to provide:
 1. Jobs for all those willing and able to work.
 ?. A steadily-rising standard of living.
 3. Stabilization of our economy to avoid disastrous imitation or defla- ton.
 4. Increased opportunities for farmers and businessmen.
 The specter of serious unemploy- ment already has begun to appear, Snyder indicated, and 100000 per- sons already are johless although many are persons between jobs."
 He forecast that this unemploy- ment total probably would rise to 5000 900 within three months, jump ing perhaps to 8,000,0 before next spring.
 Many of the unemployed will find new jobs within a few weehs," he said. Others will face extended periods without jobs"
 Snyder said retention of wartime controls depends on "how much and how quickly business can ex- pand its output"
 ''The job ahead" he said, "is one of redirecting from war to peace the four main resources from which the wealth of our economy springs: Our manpower our raw materials, our plants and equipment and our man. agerial know-how." Demobolize Troops Snyder promised that the govern ment would not continue the manu- facture of useless armaments" for as much as one day to cushion the shock of the nations transition.
 we will not keep a single soldier or sailor in uniform longer than he is needed by the Army, or Navy, in order to hold down the totals of temporary employment"
 This, he said, is the policy laid down by congress, carried out by the administration and backed by the American people" He predicted that the policy of cutting off munitions output abrupt ly and demobilizing men rapidly may increase somewhat "the immediate dimensions of the task" But 1t Is the shortest and most eficient road back" Snyder emphas- ized. We hope to achieve plant reconversion in a relatively few months, but a full peacetime foot | ing can not be achieved that soon." He explained that during the war business men and farmers had one customer-the government-for al- most half the nations output.
 "Now that peace has come," he reminded, the American people as individual customers will determine what business men and farmers are to produce"