Show OAt ITAI AND AM jn jill on one of liln his Now col aunins limns jienny ballod atten cioll tp ta tile tho striking flarity one of the in tit alio communist willell was MIS it 11 ean century tury ago and it sentence from the leond annual report of tho the presidents irs council of labor ind and forab wages down almost 01 tile tho economic 1 writing it hun bun tied arod years lator later say the nc ac of oc over the tha years have ili fact involved dep of the raila euid andino f ile works I 1 quotations from froin tho the report bildo indicate hindlea te that the economic Adv iscra tire are definitely left n 1 I leill oi of tile fre rp e tibey state that alint tle the cream of american industrial production it lii ia as 1 in I largo asure gone to tho illo relatively low few find and that tile tho robt rest rf if ila well to tb do will not ho be ablo able to absorb the possible output of consumers goods it if all that alint la Is true hue it Is ili obvious that the great masses of americans me are being buolly exploited hut but the ho doctrine with facts facts would prove prova to bo be an all difficult undertaking As aa a number of objective surveys havo chown til iown tho the percentage of our national income received by people of 0 modest means that Is ill n the under it year brack ot othas has been steadily increasing while the percentage going tb people of largo large moans and up has been steadily de equally important the expenditure or of american business for or the services of labor for the people who use UBO tools lias hay tremendously increased at tile the sums same alino the expenditure tor for dividends to the people who use tools him actually decreased deci eased As mr puts it tile the effect of invested capital has been onor enormously or to increase the quantity and improve the quality of 0 the tools at tile the d disposal of the worker enormously onor to increase lie his productivity and hence eno enormously r to increase Inci ease his wages and the goods available for all of us as consumers how do wb fare in ili nations where accumulations ot of capital aro are not permitted sao safe lit n the name of tile the state the soviet unton union of bourgo to la tho the principal example of that kind of econ economic onile sy system it has vast resources but the standard of living of its people to la one of tile the lowest in the world I 1 no other nation has car llort ruthless exploitation of the massed mass e s to greater lengths capt capitalism on oil tho othor other hand has balven the average amerlyn a standards standard of living on earth eartle and it has given him freedain fre edoin with it if |