The Wilmington morning star., 1945-07-01
Agencies Preparing Fol-
Problems Which Early
W Day Will Bring

VHA0AAAAN1 yin, julie oU.-VU.TJ-
War mobilization director Fred M.
Vinson disclosed tonight that the
government is rushing recover
sion plans "for an early defeat of
Japan as well as late one."
He did not predict when the end
of the japanese war would come.
But in quarterly report to Presi-
dent Truman and congress-a re-
port called ''the road to Tokyo and
beyond''-he set the hypothetical
limits at "a year from now or
1.-TWO or three months from now"
Whenever the Japanese surren-
der, he said, all war agencies "are
getting ready to meet the problems
which an early VJ-day will bring. ="
He set these immediate and fu-
ture goals: meeting "all require
ments of the Pacific war;" and
durable peace" for the world
plans unprecedented prosperity
for America. Postwar production
must be at least so per cent great
er than prewar.
Vinson promulgated a nine-point
Postwar Economic Charter" and
also:
1. Called for early increases in
basic wage rates to maintain pur-
chasing power and prevent de-
flation as munitions cCtbacks oc-
cur and take-home pay declines.
2. Urged immediate iberaliza-
ton of unemployment benefits up
to $25 a week for as many as 26
weeks, as proposed recently by
President Truman. He also urged
immediate Qualification of veter-
ans job rights.
8. Told U. S. civilians they ate
too much in the first half of this
year and so, for first time in the
war, will get less food in the Sec
ond half than they consumed on
the average in preWar years. He
said no basic Improvement in meat
supply can be expected before late
in the year and that the sugar
shortage will extend into 1916.
4. Said restrictions on civilian
life would be relaxed as war pro.
duction conditions permit but saio
most travel, fuel, rationing price
and wage controls would have tt
continue until VJ-Day. He predict
ed five to 10 per cent more bus
capacity by late this year, ant
said restrictions on the trucking
industry would be lifted when tire
and truck production permits.
5. Warned that full scale pro
duction of such durable goods a!
automobiles and refrigerator!
would not be reached before late
1916" and possibly not then i
Japan has not been defeated"
6. Asserted that liberated nations
must be helped for the sake O.
world peace and called for new
legislation to provide such aid
7. Forecast a postwar fedora
budget of $25, 900. 900, 900. three
times peacetime expenditures, anc
said national income of at least
$3.50, 900, 000,00 is called for.
Outlining the. governments role
he offered this economic charter
on which to build "a steadily ris
ing American living Standard:
l. Complete modernization of tax
laws, maintaining the income taz
on broad base, to keep produc.
ton, employment and purchasing
power at "stable high levels"
2. A program to foster small
business and encourage new bust.
ness.
3. A vigorous anti-monopoly cam.
paign to preserve the competition
which sis keystone to our free
society,""
4. Reduction of industrial strife,
broadening of minimum wage laws
and increasing the minimum wage
from 40 to at least so cents an
hour, and "a high wage policy by
business"
5. Elimination Of artificial trade
barriers-such as, repeal of bans
on loans to debt-defaulted nations
and clearing up of foreign debts
ION realistic basis''-and positive
measures, like the trade agree
ments act and the Breton Woods
agreement, to encourage world
trade.
s. Broadening and expansion OF
the social security program.
7. Measures to assure farmers
as high living, health and educa.
tional standards as the rest of the
population.
8. Long-term public works anc
federal encouragement of private
housing construction. He said we
should build 1,25O,O0 nonfarm
dwellings year for 10 years after
the war with construction hitting
an annual level of at least SIS.
900, 900, 100000.
9. A government fiscal policy
aimed at keeping the economy al
or near full employment, coordi
mating all programs to graro
against deflation and imitation.
-V-
WIIu1nr%or A..uxl