Show Business oo and Country Prospers Reported to Editors Production of goods and services services services ices is is near the time all-time peak personal income is very close to last years year's record level unemployment unemployment unemployment is being steadily reduced re- re re re- business business is good and the country as a whole is prosper prosper- ous This was t the c picture of America America Amer Amer- ica today backed up by facts and figures that Kenneth R. R Miller Miller Mil Mil- ler senior vice president of the National Nation l Association of or Manufacturers Manufacturers Manu Manu- presented to the recent fall aIl meeting of the National Editorial Editorial Editorial Edi Edi- Association in Chicago UNEMPLOYMENT REDUCED To 0 the several hundred assembled assembled assembled assem assem- bled editors and publishers of hometown newspapers Mr Miller Mill Mill- er reported that the gross national nation nation- al 31 product probably will total about billion this year compared compared compared com com- pared to billion last year to and he suggested that this decline decline de de- cline clin was small for a period in which the nation was adjusting to a peacetime economy Weve Veve been steadily reducing reducing reducing ing unemployment since January January January Janu Janu- ary the NAM officer continued It was 37 million at that time and 32 million in August Only the other day the Department o of Commerce reported that personal person person- al income is holding at an annual rate of about 2855 billion not billion not much below last years year's record figure o of 2861 2861 u The shipments of of f finished steel products totaled tons in August That's That s an increase of tons over the July figure Commenting on government policy as it pertained to the na national national national na- na economy Mr Miller s said d that American busin business ss enterprise enterprise enter enter- prise has hns never had a more favorable favorable favorable fa fa- fa- fa climate for expansion After drifting for 20 years towards a centralized federal he said this thi administration administration ad ad- government ministration is returning to tl the various states their proper functions functions unc- unc and authority |