The potters herald. [volume] (East Liverpool, Ohio) 1899-1982, 1947-01-16
Matthew WoII
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(a) "We have an annual budget
four or five times greater than
during prewar years.;
(b) "World conditions require an
annual expenditure for our armed
forces and for research never be-
fore contemplated;
(c) eve are dependent upon a
higher national income to produce
the revenues necessary to meet
these obligations;
(d) "We need high wages and
higher level of employment and
full production to sustain the high
er national income;
(e) "Under these conditions we
are faced with numerous shortages
of materials that are necessary to
fill the demands of our people, in
addition to meeting the demands
of foreign nations;
Exchanges now existent else
where in the world are even more
drastic;
(a) ''The productive power of a
great part of Europe has been
crippled and partly destroyed; !;
Germany and Japan have been bat
tered and are under military occu-
patton;
(b) "Free enterprise has given
way in many important areas to
ate-controlled production n d
oNade";
(c) "Peace settlements have not
been completed and in some in
stances have not even been initi-
ated";
(d) "Idealogical struggles have
caused internal unsettlement and
strife in several countries, which
countries were previously active in
international peace;
6.-"Mechanized production, to
great extent, has taken the place
of handicraft production in some
foreign countries and the labor re-
strictions on output, previously in
force, have been terminated"
7.-"Labor favors enlargement
of foreign trade and increased i'm
ports of competitive products, pro-
vided, such competitive imports
are delivered into Americas whole
sale markets at total costs, tariff
duties paid, which are not less than
Americak costs of production"
S.-"Proponents of freer trade
and further tariff rate reductions
propose the investment of some
fifteen-twenty billions of Ameri-
can dollars in branch plants in
foreign countries, where labor
costs are some 5000 per cent of
thosa which prevail in the United
States, and TO keep our tariff
(rates) down so that the foreign
ers could send us sufficient goods
20 pay the interest and divi-
nds'";
9.-'This program, in reality,
means the transfer of our work
opportunities to workers in foreign
countries, and, loss of job oppor-
tunities for many thousands of
Americas skilled workers; means
a greatly reduced purchasing
power for our people; will create
numerous ghost cities and towns
in the United States, and, if car
ried out, would reduce our wage
and living standards to basis
comparable to those which pre-
vail in foreign countries;
1O.-"The Tariff Commission,
and, Bureau of Labor Statistics
posses facts and figures which
how that competitive imports are
livered into Americas markets
at total costs, tariff duties and all
other costs paid, which are less
than American costs of production
of efficietn American industries;
11.-"That even with Americas
workers producing twice the guam
tity in the same period of time as
workers in foreign countries the
difference in wages paid (Ameri-
can workers are paid from 3 to
10 times the wages paid for COM
parable work in foreign countries)
on definitely comparable and COM
petitive articles, and with present
inadequate tariff rates, based on
foreign values, such tariff rates
do not equalize the difference in