The union times., 1945-09-08
More Production Means Lower Prices

WASHINGTON = CPD = How are we to work out the Roosevelt program of 60 mil lion jobs? What are the answers to critics who doubt we can reach the goal of full employment and a $2OO bill lion national production?
 Answer to these and hun dreds of more questions are set out ln clear man to man English III Henry A. Wallace's new book Sixty Million Jobs." Published by Simon & Schuster, 1t hit the bookstores and news stands this week in a handy $1 edition and also ln a standard book form at 
 Has Not Been Idle
 Wallace, the friend of America s common man, has been out of the imelight for several months since he took over as Sec. of Commerce for Pres. Truman. But he has not been idle. as even quick glance at this thoroughly documented and illustrated 83 page book reveals.
 In the book, Wallace proves that the U. s. cannot afford unemploy- ment, that joblessness in the 12-year period 1930-41 ran g million, or equivalent to 624 million workers concentrated at their jobs in one year. He planes this on the "planlessness of the 20s" and figures 1t cost us 88 million man-years of production, allowing for normal or fractional un- enjoyment Wallace estimates this meant a loss of about $350 billion =. enough to pay for 70 million homes at 5000 each" -"more than three times as many as would be necessary to eliminate all the slums i'll the U. S., both urban and rural"
 Greater Production
 Throughout the volume, Wallace calls for greater production at lower prices, more efficiency and higher wages. He says quite bluntly No A wage is too high if the worker earns it."
 Wallace has the answer for the group that argues ''that full em- I plOyment and free enterprise can- not flower together" He says the premise of such an argument is un- tenable; that the argument itself is fallacious. He argues for plan- ming and proves that many cities, great and small, are planning now & and mot waiting for either Wall Street or Pennsylvania Avenue" In broad outline, he calls for na- # tiOnal planning-a national full employment budget submitted by the President to Congress each year :. and asks for expansion of # its responsibility to city and state N governments.
 Sections cover housing, new iron tiers here and abroad, and Wallace charts the national budget for a gross national product of $200 billion. Fina1- cially, 1t shows $110 billion in wages and salaries, $27 billion in income of proprietors, SIS billion for corporate profits after taxes, SIS billion for rents, royalties, interest and divi- Y dends, $20 billion in corporate and business taxes and $10 billion in de- preciation and reserves.
 Cut Taxes In Half?
 Late in the book, Wallace shows the low cost of full employment. He suggests that with full employment Eve could cut tax collection almost in half and still provide more federal aid for health, housing, education and social security than before the war.
 'sWhat many people do not yet realize," Wallace writes, sis that with a world needing to be rebuilt, with job opportunities beckoning from every undeveloped corner of the US. and from every research laboratory, the great bulk of the 60 million jobs would be provided A by private initiative"
 Union members, workers and families wanting to know more about our prospects for the future and how to work for program O abundance for all would be well advised to consult Wallace's "Sixty Million Jobs." It carries message of hope and promise and whats more-shows a goal that can be achieved if America's common folk unite and organize to do the job.