The people's voice., 1947-01-17
TEAMWORK
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S$-========@ bust"
The accuracy of these warnings is beginning
to become apparent-the who works for wages is
broke-hs buying power, outside of the bare necess
ties, is gone.
The same, to a lesser degree applies to increas
ing number of small merchants, and while the real
impact has not yet hit them, they for the most
part going into declining business spiral with nsuff
cient capital to carry them for any great
length of time
Farmers, while presently in a pretty fair financial
condition already becoming ittery the first
signs of instability of the grain livestock and the dairy
products markets. Those farmers who have not in
duged in the luxury of investing in priceinated lands
may able stick another slump out for consid-
cradle period of time
The only who have real chance of riding out
recession the very responsible for bringing
it on-the lOngprofittaking of large industry
and finance
The nearness of disaster during the last few weeks
has also begun to make itself among those are
or represent the thinking of big business have on
my desk at the moment two editorialshe writer's of
winch IN years past nave served as weatheryanes of
the viewpoints of two of major industries
numbering and construction
"DoNT GO 'HoG-WILD'!"
One-an editorial from Western Construction News
published in San Francisco-while showing great Ella
ton over the resurgence of the Republican party
ries grim undercurrent of fear Editor
j. NJ Server in editorial captioned Don't Go Hog
Wild'." warns:
q. We're strong for 'em and want TO see them
b.
structionst policies; that pamperng of any social
group be it labor, farmers veterans, bankers, inter
natonalists or any other special interest," that main
tenance of nonessentia bureaus, the hand
curtaiiment of essential services; that allowing poll
tics to slow reconversion and full production; .
that in short if they regard their elevation power
as an invitation to run wild to the right
predecessors did to the left they'll lose the 1e48 cleo
tIons, they'll lose all the of the qen-
erations to and the will probably 90 open
y Communist 80. :"
"HEADED FOR A sMAsHUP"
The other edtoriaI-from Crows Pacific Coast Lun-
Der Digest Portland, publication for re-
tlectlng any except the most conservative of views
is more specific Editor c. C. Grow in Iamenting the
way the lumber industry has renegotated prices the
way g. . armed robber sticks a gun in your ribs"
warns the industry in uncertain terms that their
shorsighed grab for unjustified profits will the
lumber market One paragraph from his editorial
Headed For a SmashUp" is sufficient to convey the
uncertainty he for the industry in the future:
"The sorry part of the whole picture 49, this wild
cat market is certain to be short-ved. 1t will easy
enough to put wages up, but-when the market takes
nose dive and in the ditch account of having
crowded prices up to where the consumers will quit
ouyng-then of these folks who are drunk with
pressure prosperity will sober up discover what
'otten judgment they have used"
HERE AT HOME -.
Recent impromptu surveys conducted by various
Montana people check with the warnings noted above
n practically every interview thing has stood out
there's going to be crash. Further those inter-
ewed irrespective of political faith, been un
ble to any way out when we once again hit the
ottom. Those that up statistics estimate that
When goods once again become plentiful, under our
present system of monopoly capitalism, a working
orce of 35 million will be able to produce all that
american consumers will be able to pay for. This
igure contrasted with approximately 60 million now
7orking Simple arithmetic points out that will mean
25 million unemployed-a figure much too large for
he generosity of the Board have been as
arge as in each of the first seven wears