Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1947-07-25
THE PEOPLE OF THE United States

THE PEOPLE OF THE United States
have reached point where they must race
facts. We have been taught to look upon our
country as a land of inexhaustlble resources
We have lived in sort of dream world crea-
ted by our own wiShful thinking we nave
been told by so-called economists that wages
could be raised almost indefinitely without an
increase in the cost of living. We have Deen
told that we could go in debt almost nden-
nitely, on the theory that when government
borrowed from the people it was not really
debt because the people merely owen Clie
money to themselves.
Now we face the Krankenstein we have
built. We have found that more wages for
less production per man raises prices enof-
nnously We have found that when we loaned
money to ourselves in the form OF govern
rnent bonds, interest on that money has to be
collected in taxes and paid to Ourselves-thls
in turn adds greatly to the cost OF living.
General Eisenhower has now told us IN
plain language that with the present condl-
tion of the world, it is possible we VIII be IN
another war within IL months.
There is only one way the people OF the
United States can save themselves. AS work
ers we must learn that an increased income
can only be made permanent through IN
creased production per man; we must learn
that only by work and saving money and eco
nomy can we maintain a solvent government,
i. e.. save the money we have loaned" to our
selves. It makes no difference whether we
allow extravaganza in government or extra
vagance in our familieS-either will destroy
our savings and capital. We must learn that
in world economy largely devoted to race
for military supremacy and to the quickest
and most efficient means for destroying the
human race, we must be prepared to protect
ourselves.
Today we are like giant who has be-
come soft due to his own excuses. Unless we
correct our method of living, we are simply
inviting trouble. We have had our warning.
We have seen the inevitable results of policies
we have pursued. Are we intelligent enough
to correct our errors
>&&0&&
FIFTY YEARS AGO the first business
conference of ''top-industrialists" was held
at the White House, and President Theodore
Roosevelt was given definite notice that there
would be timber famine in this country be-
fore 1850. Emphasis at that time was laid
upon forest fires. But that seemed to have
turned out to be only the "half of it."
Now comes statements from the United
States Tariff Commission showing that our
newsprint paper is coming almost entirely
from Canada and that our neighbor to the
North, sis the worlds largest newsprint pro
ducer-that country having made about two
thirds or more of the worlds total of news
print in 1916"
In 1905, every one believed that the sup
plies of United States lumber, paper and other
products of the forest were ''inexhaustable. .
Federal reports show that the newSprint
industry in the United States has been badly
fiattened-out by the diminishing supply Of
available pulp timber and that domestic cost:
are sky-high.
Our own Southern States are still pro
ducing pulp timber, but the rising costs o.
labor, competition by other wood consuming
industries, and the ability of Canada to com
pete in the most important seaboard marke
have created crisis in paper.
The total annual capacity of the Is pape
mills in the United States in 1947 is esti
mated at about $4,000 tons. In comparison
the capacity of the "a Canadian mills is near
now supplying the United States marke
with newsprint with about Is percent o
Canada's total output.
AFTER THE UNITED STATES won tn
second World War, we promptly took the lea
to win the peace. All the European Nation
seem to have the "gimmies'.
Our national debt is at least 300 biIlio
more than it was during the administratio
of Calvin Coolidge. We are committed to tn
Marshall Plan" which will probably cost 2
billion for the next five years. We talk abou
Federal economy" lightly, as though it
something we could pick out of the air.
The whole national economy is upset an
even the most extravagant senators and rel
resentatives are asking: "Where is all TIL
money coming from?"
5000
THE ATTITUDE OF THE America
public is overwhelmingly opposed to Russ
and it's schemers. On the other side of tt
world, Russia hasn't given an inch in effor
to re-establish Peace throughout the Worl
How can the United States and Russia liz
chummily in the same World? The opiniC
grows in Washington that we should b
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