| Show THE DANGERS OF FALSE MA A man mans s judgment Is no N 0 better thin his information from clover business service aubrey W williams is U S youth administrator in a speech to the thie west virginia teachers convention he said professional and hon lion esty demand that you tell your pu pits that 70 per cent of our people must live below the standard ot of de that nearly half the nation al wealth is concentrated in the hands of less than 2 per cent of the population that millions now un employed will never find jobs again that their chances of gaining eco freedom are stacked tour four to one against them coming from a high government official we have a right to assume that Ms his statements are correct SINGLE STATEMENT aboto quoted is false it Is un questionably subtle propaganda in tended to seep through our schoos s to prepare the minds of the rising generation tor for a dictatorship briefly here are the facts during the past eighty years the wage of american workmen has in creased per cent while the av ay craige work day has been reduced from 13 to 7 hours roughly 50 per cent only eighty bears ears ago per capita wealth was today per capita wealth Is 2 increase over per cent here is the way may the accumulated wealth is divided 24 billions in savings deposits owned by 44 million people 8 billions in building and loan associations owned by 10 million depositors 91 billions in ordinary lite life in aurance policies owned by mil lion people 10 billions in industrial policies owned by 88 million people 20 billions in assets of life ansur ance companies owned by the pub lie 50 billions are invested in 10 10 million owned homes not farm houses housing 40 million people 27 billions are invested in owned farm operated by 3 million farm owners housing 15 million deop e there are 14 million owned hous es not mortgaged an increase by 3 million in 10 years today 50 per cent of all homes are actually owned IIO ONS OUK OUR there are 9 million bockhold tock hold ers who own of our leading cor po rations there are over 2 million bals who own and run their bus bust nesses three out of tour four families own 26 million autos 50 per cent own ra dios dlos 66 per cent have electricity and equipment the government governments s own figures show that 83 82 7 of the entire prodoc ed income goes to the wage mage eatherl earner it if what aubrey W williams says is true we would probably all have turned communists long ago but thank god there Is not 0 i mord of truth in his ins statement each in this country owns a greater percentage of the country s wealth than in any other I 1 country in the world the average earnings of our is vastly greater than the earnings ot of any other workers in the world our hours 0 of work are less and our pay Is higher wa we individually have more comforts more luxuries greater ed opportunities aba aa 1 are to be ble found elsewhere on earth it la Is your duty as men and women to become well informed it is your duty to refute propaganda by tact fact again we repeat A man s ju ig 19 ment Is no better than his In informs tion |
