Show What Readers Think Editor of The Telegram The present wave of tak profit big is no indication that recovery recovery recovery ery is here On the contrary this hectic spasm of chiseling simply accentuates the disaster which the tho witch doctors of tho the price system arc attempting to cure The Tho unemployment situation situation situation situa situa- tion is the true barometer and from fourteen to sixteen million jobless are still earning little and spending less Under the circumstances circumstances circumstances circum circum- stances any upswing in profits must be of a temporary nature Under our present insane social order permanent recovery de depends depends depends de- de on a permanent market It is obviously impossible to have havea a reliable market with millions of technologically displaced workers work worK- ers ens deprived of practically all purchasing purchasing purchasing pur pur- chasing power Profits do not come out of thin air they aIr they do not just happen In the last Jast analysis every penny taken In bythe bythe by bythe the profit mongers is la coined front from cold steel machines and the warm wann blood of human beings The Tho present orgy of prosperity Is simply an effort to drain blood from a so social lal organism already bled white Another bigger and more disastrous crash must In Inevitably Inevitably inevitably in- in follow any increase in profit Jobless workers not only produce produce produce pro pro- duce nothing but they must be fed at what is called public ex ex- ex pense The marvelous superpower er machinery of today makes it possible for the class in control of ot that machinery to produce prodigious quantities of goods Even with a market greatly re restricted restricted xe- xe they may for lor a while whilo by sabotaging production be bo able to enjoy unprecedented profits But such a situation cannot be made permanent for the he simple I reason that present day markets market can be bo at best only fugitive In order to make malte a n market and reasonably reasonably rea rca permanent it would be necessary necessary for at least a majority of the tho unemployed to tobe be back on n the job pulling down regular pay This is entirely out o of the tho qu question question ques ques- s- s tion because newly installed laborsaving laborsaving labor- labor saving machinery has done dono away with the need for production efI effort ef ef- I fort fart of ot at least thirds two thirds of ot the present army of tho the unemployed The only solution to my mind for the above economic ills ilIs is for tor forthe forthe the hours of ot production to be reduced reduced re re- re j sufficiently to enable every worker of productive ago age to to have employment with the same sarno purchasing purchasing purchasing pur pur- chasing power thus power thus democratizing ing Industry for use use- usein in place of organized greed lo for foi profit I R LEGGETT EGGE V |