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Show 'Jobs for All' Goal Seen In 150 Billion Income WASHINGTON Treasury Secretary Secre-tary Vinson told congress that a national income of 150 billion dollars will be needed to provide jobs for all who are willing and able to work. To assure employment for 60 million mil-lion people, purchasing power must be increased enough to boost consumption con-sumption 50 per cent and to expand construction and investment by 100 per cent over prewar levels, Vinson said in a statement for the senate banking committee. Vinson endorsed the so-called "full employment" bill, which the committee com-mittee is considering, but cautioned that "ultimate reliance for jobs must come from an expansion of private consumption and investments." |