Show Released by Ve tem Newspaper r Union EVERY INVESTOR A A JOB MAKER UNDER FREE ENTERPRISE GOV RAYMOND E. E BALDWIN of Connecticut in ar article in the American Magazine says we need job makers The fact is we wc now have more than 50 million job mak mal ers They arc are the American John JoIn and Mary Doaks whose money is 15 invested invest d in the plants and tools of industry They have made jobs for more than t an 50 million workers In the ranks of the million 50 job makers are farmers merchants professional people workers all classes casses of American men and wom- wom women en especially women They have invested their savings in industry and provided the tools toos needed by the workers Their investments make jobs possible The average per worker cost of tools is a little more than That covers the buildings I and heavy and light machinery the power plants locomotives cars and rails of transportation everything down to the monkey wrenches and screw drivers the worker uses in his hisor hisor hisor or her job Without these thes things thA job would not exist The investor creates the job by providing the tools toos but those tools would be valueless without the worker to to apply them to pro pro- Both tools and work work- workers workers workers ers would avail nothing without management the trained minds that have the over all know how of production and sales So it Is s that industry becomes a three way partnership of capital la labor la- la labor labor bor and management each depend depend- dependent ent upon the other Those 50 million investors have hired their dollars out to industry They rightfully expect their dollars will earn a reasonable wage That wage is the dividends industry pays to the investor It averages less than four cents a year for each working work work- working working ing dollar That is certainly not an excessive price for workers and management to pay for the tools of production the tools that create jobs Management receives for its tech tech- technical technical technical knowledge its know how without with with- without without out which industry would not oper oper- operate operate operate ate less than one half of 1 per cent of what is produced Out of each dollar donar of value pro pro- produced produced produced labor receives approximately 60 cents Of the three partners la- la labor la la- labor labor bor is the only one that assumes or accepts no responsibility and from which the government de de- demands demands demands mands none as it does from the oth oth- other other er two partners of production La La- Labor Labor Labor bor should share in that responsibility ity as it does in the receipts WITH WIT ALL ITS FAULTS ITS IT'S A RURAL CITY THIS TOWN IS just like New NewYork NewYork NewYork York said the taxi driver who had migrated from the eastern metropolis lis to Los Angeles That is true in in- insofar insofar in- in insofar as street congestion is is' con con- concerned concerned concerned but there the similarity ends New York is a great metropolitan metro metro- metropolitan metropolitan politan city and its people are on the thc average more provincial than those of any country village in the thena nation na tion The average New Yorker knows nothing of and is not interested in anything outside of New York City To them civilization stops at the Hudson river but the city is distinct distinct- distinctly ly metropolitan Los Angeles is a abig abig abig big sprawling overgrown country village in which one story false fronts are mixed with towering sky sky- scrapers Climatic conditions have attracted its residents from all sec see sections lions of America It has a larger proportion of lame halt blind and freaks per 1000 of population than any other place on the continent It abounds in fakes of every possible description It is a mammoth dime museum but it is neither metropolitan tan nor provincial Personally if I had to choose between New York or Los Angeles as a place of residence I would pick Los Angeles because it is rural e eTO TO PARAPHRASE you never never miss the water until the well runs dry so you never miss the matches until the hotel room maids stop leaving leav leav- leaving leaving ing them in the ash trays in your room One hotel manager told me methe met methe the t e story when he explained As OPA OP A will not permit raising room rates we must economize by not giving away anything for which we can charge You will find matches matcheson on sale at the news n ws stand That spirit of economy accounts for other oth r changes in hotel service Postwar competition will now bring back the matches S e e THE GREATER THE NUMBER of bureaucrats the more complications Lions and muddling It looks like the sun is setting for lor large numbers of the brood e IT IS ENCOURAGING when a secretary of agriculture as did Sec Sec- Secretary Secretary Secretary Anderson denounces a policy of scarcity and advocates full farm production as a means to nation nation- national al and especially farm prosperity The world needs and will use that full production from American acres That is true of the present and will be true of the future World World distribution machinery that is now being perfected is the solution of the Amei can farm problem That was the one thing needed and it is isnow isnow isnow now on the way in |