Montana labor news., 1945-09-06
BIBLE FOR BELIEVERS
VILLAGES
go MILLION JOBS

WASHINTON-FP)-How are we
to work out the Roosevelt program Of
90 million jobs? What are the answers
to critics who doubt we can reach the
goal Of full employment and a 5000
billion national production?
Answers to these and hundreds Of
more questions are set out in clear man
to mar English in Henry A. Wallace's
new book Sixty Million Jobs" Pub
lished by Simon & Schuster, it hits the
bookstores and news stands September
0 in a handy 81 edition and also in a
standard book form at 81.
Wallace, the friend Of Americas
common man, has been out of the lime
light for several months since he took
over as Secretary of Commerce for
President Truman. But he has not been
idle, as even a quick glance at this
thoroughly documented and illustrated
83-page book reveals.
In the book. Wallace proves that the
u. s. cannot afford unemployment, that
joblessness in the l2-year period, 1880
Al a 81 million, or equivalent to GA
million workers concentrated at their
jobs in one year. He blames this on
the 'planlessness OF the 20's" and fig
ures it cost lis SO million man-years OF
production, allowing for normal or fric-
tional unemployment. Wallace esti-
mates this mean a loss Of about $3.50
billion enough to pay for 20 mil
lion homes at $1,000 each-"more than
three times as many as would be neces-
sary to eliminate all the slums in the
Y. S. both urban and rural"
Throughout the volume, Wallace calls
for greater production at lower prices,
more efficiency and higher wages. He
says quite bluntly No wage is too high
if the workers earns it."
Wallace has the answer for the group
that argues that full employment and
free enterprise cannot flower together.
He says the premise Of such an argu-
ment is %untenable; that the argument
itself is fallacious. lie argues for
planning and proves that many cities,
great and small, are planning now and
not waiting for either Wall Street or
Pennsylvania Avenue" In broad out
line, he calls for national planning
national full employment budget sub
mitted by the President to Congress
each year and asks for expansion
of this responsibility to city and state
governments.
Sections cover housing, new frontiers
here and abroad, and Wallace charts the
national budget for a gross national
product Of $500 billion. Financially, it
shows $40 billion in wages and sala-
ries, $27 billion in income Of proprie-
tors, $l8 billion for corporate profits
after taxes, SIS billion for rents, royal
ties, interest and dividends, $40 billion
in corporate and business taxes and
$40 billion in depreciation and reserves.
Late in the book, Wallace shows the
low cost Of full employment. He sug-
gests that with full employment I'VE
could cut tax collections almost in half
and still provide more federal aid for
health, housing, education and social
security than before the war.
What many people do not yet rea-
Wallace writes, is that with a
world needing to be rebuilt, with job
opportunities reckoning from every
n~ndeveloped corner OF the U. S. and
every research laboratory, the
great bulk of the 90 million jobs would
be provided by private initiative"
Union members, workers and families
wanting to know more about IL pros
poets for the future and how TO work
Tor a program Of abundance for all
would be well advised to consult Wal
aces Sixty Million Jobs" 1t carries
message of hope and promise and
more-shows a goal that can be
.chieved if Americas common folk
mite and organize to do the job.