Milford chronicle., 1947-08-08
OUR NATIONAL INDUSTRIES
By J. E ZONES

WASHINGTON, D. Cat the
top of the list of all the American
industries are motors, vehicles,
bodies, parts. Steel and rolling
mills are the second industry on
the list. Wholesale meat packers,
paper and paperboard mills and
canned goods are among ten of our
most important producers. The
records of pre-war years show
that newspapers, publishing and
printing and general commercial
job printing were listed as nuIu-
bers IL and IL in importance. Who
would ever have supposed that the
war would put thousands of pub
fishers and printers out of bust
ness, and start publishing indus
tries on the down grade? Even the
Washington Newspaper Syndicate
that furnishes this Letter and that
you are now reading, experienced
tremendous difficulties in getting
enough paper and envelopes to
supply our editors throughout the
United States.
Our own public officials whitfield
down on newsprint in order that
foreign countries might get tre-
mendous quantities of our paper
while our own people begged and
borrowed paper that came from
Canada. Incidentally, Canada is
now the principal newsprint pro-
Queer on the American continent.
The cigar industry ranks No. 81
and cigarettes No. 81 among Am
erican manufacturers, and the con-
sumption of beer and liquors were
among the first forty-five manufac-
tured products that kept rolling
along in high gear, despite the fact
that American people would have
, been better off without any of these
products.
There are peculiar ways of fig
uring out the economic situation
in America. 1t is risky to depend
too heavily on the Council of Eco
nomic Advisors, which President
Truman has used as a club on Con-
: gress for purposes that didn't
J seem to represent anything except
party politics.
Economic wizards in Washing.
: ton rode the OPA so hard that their
: machinery went bust" Now, pol
J iticians are still debating the ques.
ton of whether Labor UniOr
: Bosses can boost wages and holC
l down prices
b. WHAT'S IN THE WIND?
5 A dependable publication il
Washington relates that "all ism
we'll with the BOOM" Many of thu
politicians of Washington still be
} lieve that we can restore the great
r err part of the war stricken world
, and they produce mountains O
words to prove it. The first o
: these dreams is dependence on for
: eign trade, despite the fact tina
4 the dribbles of foreign trade" ar,
}, conducted with money loaned an,
donated out of the United State
Treasury after it is paid in b,
: American taxpayers. Taxpayer
6 were refused reduction in rate
just because less than a half-doz
'' en- votes defeated a two-thirds ma
o jority in the Senate to override tn
z veto of the President. Isn't Their
: flaw in our system of Govern
ment when supreme authorit
rests in a one-man Administrator
: head (the President) over tremen
d dous majorities in the membershi
;. of Congress?
!, MONEY, MONEY "BLOW 1T IN
,, The home building business
. costing unreasonable sums a
5 proved by the fact that buildin
IS costs are holding down new build
: ing operations.
- Imitation isn't something that W
= need fear in the future because
I, is here-right now-and it ha
l. been most of the time since the b.
( ginning of the war. Individual
- are spending more today for pei
~ sonal wants than anytime in a
g history. The increased cost of pre-
r. auction is cutting down actu'
IT. buying power, and many poop
spend more money today than eve
one year ago.