Milford chronicle., 1947-09-12

1916.
An increase o: ID )sr cent In pri-
ces accounted for most of the
change in income.
What did you say about the high
cost of living?
IFIHAD YOUR CHANCE
The colleges and universities of
America this fall will be jammed as
never before in history with thou
sands of our young people who are
seeking through knowledge the way
to better and happier life.
Many of these young people are
now getting chance, heretofore
beyond their reach to seek higher
learning. What will they make of
that chance? Will they recognize
the opportunity is peculiarly theirs?
And will they assume the RESPONSE
bility it imposes?
Some extremely pertinent
thoughts on that very subject were
expressed recently by General Mo-
tors Vice President Paul Garrett,
in talk before a student group at
his alma mater, Whitman College,
Walla Walla, Washington. Said Mr..
Garrett:
when / had my chance l did not
realize that there was even then
evolving profession upon which
would fall great responsibility for
leadership in dealing with prob
lens of all kinds in this area. re-
fer to management which is che way
you run farm, shop or an indus
try. To me at that time business
was something you just drifted into
if you were not competent to take
up one of the recognized profess
sions or if all you wanted in life
was money. 1t would not have oc-
Cured to me that an ambitious
young man of ideals and vision
might turn to industry for an ideal
life profession. did not under
stand what industry was. And to the
widespread persistence of such lack
in understanding can be attributed
a great share of our present World
troubles.
ut is a sad commentary on the
state of civilization that leader car
rise to political power on the pro-
mise of economic security that is
cnly a blueprint sketch. Usually he
lacks knowledge of or experience
in transforming a blueprint intE
something real. 1t is one thing tC
blueprint an economy. 1t is some
thing else to make it work.
"Basically, the problem of man
: agement is to produce more good:
and services for satisfying peoples
wants at prices more people can AT
ford to pay. This is not job for /;
few men in few big companies. l
is the job of the thousands upoI
I thousands of individuals who have
) the responsibility of operating thu
Nations business large and small
: of all kinds. For business in thi
| country are interdependent. So ar
: workers. They pay each Other
wages. They consume each other
5 products.
: "At this state of World develop
|. ment your generation has the re
/ sponsibility for advancing ney
concepts of management. Govern
: ment cannot do it. If l had hat
Y your chance would become dis
/ ciple of good management for wha
: it can, do in America quite apar
: from any plan / might have for M
own life work. If I had your chanc
e to assess again what / might d
with my life l would view manage
;. ment very differently than / did i
|. your place, as an endeavor yer
e worthy of nv best fibre"
/. RECIPROCAL TRADE
n The present Reciprocal Trad
r law will expire on June 80, 194i
: The Ways and Means Committee c
e the U. S. House of Representative
is apparently doubtful about an
advantages that are, or will be
n the interest of American agricul
q ture, labor and industry.
s Congressman Knudson of Mir
If nesota has placed in the records til
d resolutions of the Ways and Mean
It Committee stating that representa-
h tives of agriculture, labor and IL
e dustry have indicated before var
s. Gus committees of Congress tina
y they are fearful of the loss of OF
% best markets. The Ways and Mean
n. Committee has called upon the Tai
1t iff Commission for the "low-dowr
le in facts and figures.
.e 1t has always appeared to the cd
s. tor of this Weekly Letter that an
. person with a lead pencil and
sheet of paper ought to find IL
in answers to most tariff question
st and convince himself. or hersel
l. that the existing Hull treaties r
Of present free trade under a ne