The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-02-24
Babson Discusses
War Business

w. VI D0Stt1&SS
Babson Park. la.-Last week
/ discussed Korea and stated
mat the Chinese will get sick OF
~ before this years ends. AS we
are already tired OF the conflict,
This means that 1858 will see
Korean Peace with Our boys COM
ing home again.
WATCH KOREA
For the above We al should be
thankful but the question arises
as to how this will affect your
Job. Surely both the railroads and
many industries are now profit
ing greatly by the rAoiean War.
What will happen TO them when
our boys withdraw
First let us realize that our boys
cannot withdraw unLa the South
Koreans are trained and equipped
to take their places This means
that it may be 1854 before our
boys get back However. it may
not reduce the numoer Of new
draftees. With only ABOUT 53l 900
men in Korea. over 1000 900 new
recruits each year are needed to
merely provide requirements in
our total military forces.
ANALYSIS OF THE
SITUATION
We must supply the South
Korean armies with food. am
'nunition ana clothing. We as
sumo that our boys viii give the
South Koreans then guns and
other equipment, Including air
planes. Hence, by year end. as the
South Koreans may be doing
mostly only suard ana practice
work. the demand upon us will be
materially cut down. Until a
flareup occurs in lndo-China,
Malaga or somewhere else, the
traffic of Our western railroads
will surely De much less.
Peace of war VIII make little
difference to the maintenance
expense OF our Navy or its mcu
Many of the ships foN patrolling
the coast of Korea Will be sent &c
oti.tr waters; td, her expense
Will go on just the same. In q way
this also applies TO our air force
We will lose fewer ,4lanes to be
replaced, but they 81 mus. bc
kept in the air. Certain nanufac-
turing concerns will have 1ewel
on ders, but those engaged in pro
cessing FOODS, supplying Clothing
shelter and fuel shCuld continue
to give full empioYmtnt We mus
make ii popular tol south Ko.
reanS TO serve IN Their army ant
replace Allied troops.
COLD WAR PREPARATIONS
Most Of the industrial activit,
today is not due 10 the Korean
conflict, but to preparing 70
World War III This will continue
to give fun employment for from
SIX TO twelve months more. Fur
thermOre, the making of mlltar,
supplies may become i new ant
permanent industry for SOM
years ahead If so. no efficien
workers need suffer this yea
from an ending OF The Korean
: War.
Some companies may be affect
ed by President Eisenhower
determination to avoid over
tapping military orders and re
ducing costs This could meal
smaller profits to some. which
would make them leduce thei
labor forces and cause some un
employment in certain communi
ties. But only the latest and leas
efficient employees need to b,
laid off.
BUSINESS OUTLOOK
The above means that severa
railroads may be hurt by peace il
the Pacific, but most industrial
plants have nothing now to fear
The new administration will in.
sist on lower costs and no rusl
work or overtime This mean.
that manufacturers and wage
workers must be more efficient.
Frankly. ! feel that this Will bt
good thing all around. Oul
riding high and handsome" the
past few years was leading to 6
bad fall for us all Now the new
policy could give manufacturers
and wageworkerS an opportunity
to adjust themselves gradually tc
the new conditions. I visualize
slowly declining business. but not
panicky. More advertising will be
found to be the best cushion.