The Nome nugget., 1950-04-03
OUR BIGGEST PROBLEM.

InS period Tn world history may well be recorded as the of the Great Huabaloo for economic security. Future historians will be able to relate however, that the politicians of this any other day discovered magic formula for making everybody healthy veal thy and free at the sound of the gong The bedrock realities of life block fulfment of any such politicians pipe dream or promise.
 Economic security simply can't be spooned out of a bottle like patent medicine And isn't gift to be be- slowed without strings attached It's something to work for something that can be had only when and it is produced Behind the economic security of every every family, every group must be somebody's produc- tive effort, somebody's somebody's thrift somebody conserved wealth. The government only give to what it takes from him, another, both for the American kind of government doesn't produce wealth.
 There two notable nations today in which the gov- ernment is providing for the economic seury of all the people, These are of course Britain and Russia Any American worker middle man, executive, school teacher or lawyer might to either country and ob tain politically yguaraneed economic securty-fu ploymen old age pensions free medical care But who wants to go; who in America, indeed wants that kind of security at the price demanded?
 And yet we must do than merely reject the dan gerous palliative of the political planners We must set about calmly and unhurried to find road along which travel safely toward the goal of economic ity which is basic motivation of all mnkind But how? What road? From Jamestown to Yorktown, America S historic freedom road two centuries long and cost ly. Because of that freedom we have long way on the security road.
 In the of big industry, where the preesnt head long drive for pensions and other security benefits is concentrated, there aSSuredly should be pension and life and medical insurance programs soundy caculat ed. Employees should contribute from salaries and wages to programs in which they participate No per- has the right to demand old age, medical and hospital service and life insurance unless he is will ing while able, to contribute to the cost.
 When company is obliged through pressure of one kind another to pay all the cost without any spending increase in productivity decrease in pro- ducton cost then the public has to stand the bill My neghbor has just bought good $295 at the hard store When the recent steel price hike, brought by the pensions granted last December, is extended to the retail price, the will sell for at least $325 the store told him Files and many other steel implements already have gone up, the hardware man said
 So those who buy will be contributing about 2Oc each (best estimate) of their money to the steel work CTS pension fund When consider the price boosts on other all steel implements the coal miners pensions and others which also directly reflected in higher retail prices, we can see an accumulatng problem. Those in the working consumer group not pensioned will seek relief recourse But where will they go? Right some turning to the political security medicine men-and that is dangerous, be wit messed in Russia and England
 Theer also the problems in the of small busi ness where employee groups will naturally try to follow the example of their counterpars in big industry The problems here have hundred angles. If wise,