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Show WHY CONTINUE THE FAIRY TALES? A new national wage-price policy has been formally announced. It is to provide quicker quick-er settlement of wage problems, give price increases where hardship exists, and encourage encour-age all-out production. To the person who is paying higher prices and wages today than ever before, and who is either not getting goods which have been forced off the market by prohibitively low prices, or who is getting an inferior quality of goods which have to be manufactured down to an artificial price standard, the talk alx)ut "holding the line" while announcement announce-ment is made of new plans for adjusting-wages adjusting-wages and prices upward, sounds like a play on words and an insult to public intelligence. Why not tell the truth and admit that we have inflation and that the only way to control con-trol it is to stop federal deficits, reduce fed-oral fed-oral expenditures, and encourage production, with wages to be increased as output pel man rises? Ail the fine-spun theories in the world will never circumvent these facts any more than it will ever be possible to raise yourself by your bootstraps. Industrial News Review.- tional and world leaders, perhaps largeh because the public itself is confused ovei the great problems confronting us, or too lax to think intelligently, to formulate its will, and take a stand. Maybe it was natural, for a time, with tin tension of war. over, with our fighting men returning home and our anxieties eased, we should have experienced a mental relaxation during which we more or less stopped thinking. But that "period of grace" is now long over. We are facing peacetime problems prob-lems of greatest magnitude, that must be solved if we are to' gain the ends we fouo-' and bled and sacrificed for. It is high time that we got back on the job of building the future, that we start thinking again, that we start translating our thoughts into intelligent intel-ligent decisions and prompt action. During the war we proved in dramatic fashion our hard-headed common sense and capacity for getting things done. We won the war because every man joined in backing back-ing up the war, effort, whether by fighting hard on the battle front or working hard on the home front. We won because we took a personal interest in the job to be done, thought intelligently, cooperated intensely, and permitted no difficulties, real or imaginary, imag-inary, to stop us. It is obvious that what we are capable of doing in war we are capable of doing in peace. If we apply to today's problems the same study and clear thinking, the same will and dynamic action that characterized us in war, we can surmount any peace-time difficulty. It's largely a matter of public education, and a question of leadership based on intelligent thought. Nothing is impossible. im-possible. The Sea Bees proved it. |