Milford chronicle., 1945-09-21
Ihe Pre- >idrnt'> Message


Washington. H. {. President
Truman made y recommendations
To tCnGre@s III his recent message.
He asked Ion determined action to
create an atmosphere OF conti-
ornce, vital 10 Il rapid lrconNcrsion
With anonimum o1 unemployment
and hardship. He voiced the
opinion that There must he laS.
during which the Government
should Try 10 help. and added
The cost OF this transition from
var 10 peace is Is much Il part OF
Ne cost ut war as the transition
from peace 10 War ana W. should
- consider IT," lie estimated that
the size of this job covers the
llahte and Welfare of l5.o0o 900
workers. The remedies he said.
must he provided by the Admins
uation and Congress. The Job at
h"nd. he declared. is To put Ameri-
can business back on its feet so
that employment can be proyiyed
all workers no matter how many
million men and women are con-
ctrned.
The President seems 10 have dis
covered the tact that so-called fair
-iahor standards. full employment,
l"lI employment practices. labor
disputes and wage stahiliZation.
employment service extension. sur
plus property disposal. big and
mall business. and the whole
tatalog for restoring peace and
harmony among workers and en-
ployes. has been in meSSes and
muddleS most OF the time for the
last quarter of a century. II Con-
SresS follows his suggestions. it
may got somewhere, providing il
cuts politics out OF these questions.
and skips the idea that there is
any necessitY 10 revive war against
those archaic institutions. called
Wall Street and the "down-trod-
Gen working men
There is hope that tradition is
making Il Ome-baCk because many
strong voices are insisting that
workers can't get ahead unless
there are plenty of jobs. and pri-
Nate business can't exist. or pros
per, without workers. with ali
groups realizing the necessity of
solid. harmonious fronts.
Having apparently outlived the
dreams of the New Deal it looks
Very much as though President
Truman. in his long message. is
Flaming for square deal. Let's
hope so.
The President has expressed
concern over the problems OF
agriculture. the lack of housing,
and the rising peak OF taxation. He
encouraged Congress: II recon-
mend that transitional tax bill
be enacted as soon as possible to
provide limited tax reductions for
the calendar year 1916" He went
to bat for what he defined as
american small business. the
back bone of our free enterprise
system" and he was equally EN-
phatic and insistent that Congress
and the Administration must
make generous provisions for
those who have served the Nation
dependents of those who have died
in their Country's cause.
Finally: 1t isn't everybody who
Is willing to examine II columns
ol a Presidents message. set out
on the adventure with lot of
doubts. but my hopes kept rising
and rising and | actually fought
l.. of thrnnoh n ~
end of the last chapter. And this
is the end of my summary Of the
Presidents message.
Wartime Profits
Recent public opinion surveys
indicate there is still considerable
confusion in public thinking re-
S&rding wartime profits. with the
majority believing war material
manufacturers We're actually re-
timing as much as 80 cents out OF
every dollar as profit.
As a matter of record, one large
company's voluntary wartime pro-
tits limitation policy. made effec-
tive as of January |. 1912. resulted
IN holding the amount of profit
earned from every dollar of war-
time sales by the corporation to
approximately one-half of what it
was in 1911, year in which com
petition conditions pred0minated
This policy was recently explained
to General Motors employees by {.
l.. Wilson, company president, who
pointed out that General Motors
war profits averaged A. cents for
each dollar OF sales. "Of this Mr..
Wilson explained. '3.2 cents were
paid to stockholders whose invest
lhentS provided the facilities to
nake our Jobs possible and Is .