Salt Lake Telegram | 1941-01-15 | Page 3 | Senator Paints Jobless Perils

SENATOR PAINTS JOBLESSPERILS WASHINGTON, Jan. 15 (UP) Senator Joseph C. O'Mahoney (D.. Wyo ), chairman of the federal fed-eral monopoly committee, said Wednesday that the United Stales faces the "appalling alternative" rf solving unemployment or lapsing laps-ing Into a dictatorship controlled by "big government." O'Mahoney, speaking to a committee com-mittee called to consider final reports and recommendations, traced the present world crisis to the failure of the democracies to provide adequate opportunity and employment for all. "Wa of America are In this great crisis now compelled to appropriate ap-propriate billions, to abandon our rdlnary civilian pursuits, to invite in-vite a huge burden of taxation solely because the democracies have not in the past had the wit to use the facilities at our command com-mand in such a way as to provide economic stability and social justice jus-tice for all the people," O'Maho-rev O'Maho-rev said. The failure of democracy to olve the problem of unemployment unemploy-ment is accompanied by a failure to solve unemployment of capital, be said," As a result, he added, private companies engaged in the manufacture of defense materials must appeal to the Reconstruction Finance corporation for loans to finance their efforts. 'The truth of the matter Is that we are today faced by the appalling ap-palling alternative of so adjust-ing adjust-ing our economic mechanisms as to preserve free, private enterprise enter-prise and enable it to provide stable employment for the masses pr of seeing big government, in one form or another, take over ' the controls.