Show PRICE FIXING GOES the recent decision of thep rosi dont to abandon price I 1 ing features of some majo industrial codes Is of exceptional importance I 1 it stems from the growing belief that price fixing Is inimical to the consumer and the small businessman business man the darrow report which was tremendously publicised publicized concentrated cent cont rated attention on that there may be much to be said for price fixing used asa as a weapon to eliminate minate destructive and wasteful competition but there Is grave doubt if the american people could ever be brought to stand for it free competition with each unit within an industry striving to give better service at a more reasonable price Is part of the american america ca n business tradition when the president started the attempt to fix prices ile ho intimated that it was purely experimental lie he Is to be congratulated on making a change when he saw that it would not work as hoped A poll made by fortune among executives of our principal industries produces the fact that 85 per cent of them believe that the main beneficial coults of the codes lie in their wage and working provis provisions lons that gaits gains in III this direction have been made and that they should not be lost that is certainly a progressive attitude and now that price fixing Is to be ended tile the labor features are again preeminent the american people as always want labor to be amply paid and protected but they do 10 not want revolutionary changes made in our time tinley honored governmental or industrial scheme of things 1 N WHAT IT WILL OOST COST one of tile the questions which will frequently be asked about the now new deal in III the coming campaign is whether it la 18 worth what it cost there will of course be answers to the questioning varying with the ille political beliefs of those making the answers one of tile the first things to determine when launching on an inquiry of tills this k kind ind Is just how much Is tile the new deal costing before we know Nylie whether ther it is worth what it costs we in must know two things first just what it has really accomplished of itself and second just what the costeas cos cost thas has been laying aside such an academic question as what the cost may have been to our individual liberties which Is a matter for debate we can at least ascertain something about the actual cost of the now deal official figures indicate that the last fiscal year which closed oil oh june 30 was tile the most expensive one ln in the lie peacetime peace time timo history of the united states the estum ted abed expenditures during this first fiscal year of the new no W teal deal were and the receipts from taxes tax es and nd other revenues are estimated at this or his leaves saves an estimated deficit of over four billion bil illon dollars for or one yearl year how far we have gono on the road toward government overn ment regulation and control of the individual and la business can be ba judged from the fact that there are a reat great many people still living who remember how much cr there was of the first congress that appropriate ed d a billion dollars to run this government for some ome change in a few years a year but that is not quite adlof all of it already we are looking orward forWard to possible receipts ta and expenditures for the new fiscal ascal year and which we have just entered in tile tho fiscal ear 1934 36 35 tile the chicago tribune es estimates that the expenditures tures of the government under the tho mow ni n the government under the tho mow ni n now new deal will be oo an increase of more than fifty cent oyer the per year just closed which was the most mos tex extravagant trava gant in our peacetime peace time history the same newspaper new r estimates thai the deficit def left for the now new fiscal year will wl 11 bei be nearly seven beven and a half billion dollars the official sta tomen of the treasury department at washington indicates that the public debt has now risen to tile the staggering total of more mor than ethan twenty seven billion and it Is estimated that at the byear end of the present fiscal year just now starting the total debt will be thirty four and a half billions the sum Is 1 so great that it almost staggers tile the imagination of the ordinary individual now there Is one fact which must not be lost sight of off this debt sooner or later a ter must be paid uncle sam will have to foot the bill for the experimentation trust of the brain professors and uncle sam can only got his from the money people of tile the united states to the tribune eight college are now busy professors mapping out new tax legislation to be passed by the next sent to england congress others it Is said will W I 1 11 be to study that count rys terrifically income inco III 0 tax t a X high it will no longer be it a silon question que of soaking the rich there are not so many rich as thero there once were and those left have a way of avoiding paying more mor than ethan they alder con their share of the taxes of the on tile the nation or passing it necessity for more money has now arisen aris en to the place where before longell longi lon gall all of us rich and humble tire are going to have to pay through the nose alike there may be still room roo M for argument much or how little tile the new deal itself has about how there can call no longer be accomplished little it Is any debate on how much or how going to cost tho the how little has ha been eliminated we ani are e up against tile the debt greatest world has evor ever known exchange debt burden the th |