Show DOW practical planners plot nation s economic Eo future map expansion of foreign trade a as 1 s help in meeting goal of jobs in postwar period by BAUKHAGE news nets analyst and commentator service union trust building washington washing glon ton D 0 sixty million jobel that phrase has been batted a bout about hopefully contemptuously with the raised eyebrow of cynical doubt with the set jaw of desperate determination people may believe it Is an ideal dream or teel feel that it U Is quite practicable ti but the majority of experts expert 9 will tell you unless it Is achieved we lace face the old cycle inflation depression n war and pestilence but the phrase 1160 60 million jobs has acquired a new nev meaning in the last ast I 1 few weeks week why because ot of a plan that ha has been p presented resented to achieve this goal the men who have worked it out and the things that have brought them together and welded their ideas into an effective implement have caused some of the hardheaded hard headed experts who are accustomed to weigh such ideas on the scales of experience and either toss them into the scrap heap or hold them up as worthy of use to call this plan good the plan is contained in a little red bound booklet issued as pamphlets nos 37 38 of the national planning association and called americas new opportunities in world trade and let itt me hasten to say right here that this organization is not to be cori confused contused cont used fused with another new hew deal group of a similar name which congress in its wisdom or otherwise has weighed in the balance and found wanting the national planning association about which I 1 am writing Is a nongovernmental govern mertal nonpartisan non partisan association of businessmen and scholars labor leaders farmers bankers and manufacturers all insofar as this task is concerned at once selfless workers to in the vineyard of the public good and husbandmen who realize their neighbors prosperity Is likewise their own there are three reasons why the plan tor for creating lobs jobs worked out 1 by y this organization has made an impression on washington and elsewhere r first arst it has been examined and praised by certain media of public thought which can hardly be described as champions of the impractical the utopian or the un American the new york times the new york herald tribune and business busine sa week to mention only three se second ond because of the men who authored or sponsored it all leaders in their respective fields of american enterprise third because of the way the organization za tion which brought these men t together came into being now let me give you the gist of the plan must boost imports foreign investments A 10 billion dollar trade budget calling for increased imports and increased foreign investments that so sounds ands pretty unorthodox to start with there would be tariff reductions to increase the imports on the theory that only thus will foreign countries be able to get the money to buy our goods there would be steps taken to make asahe foreign capital investments Is secure in order to build them up there would be an international bank for reconstruction and development v elop ment there would bo be longtime long time foreign trade agre agreements emen Is 0 coordinated with longtime long time investment programs now in order to understand why such euch an unorthodox program finds such ready acceptance in a hard bit ten world fed up with utopian planning let me take you back to the genesis of the organization from which this plan emerged we find ourselves in the comfortable for table but somewhat gloomy quarters of the old city club in new york where met a group of men most of them engineers some economists others interested as members of that club who had become tired of the type of research which was largely a collection of ancient history and which looked backward instead of forward these men saw the weakness in the kind of report frequently asked tor for and submitted to great corporations and other institutions by high paid and well informed experts but written entirely by men who had no responsibility tor for the actual carrying out of the programs program s men who had no power whatever to make the decisions feces necessary y to meet the actual conditions with which they were faced at about the same time a similar group was meeting in england it had moved a little farther ahead perhaps because Us its members had CO come me to the point where they felt that effi efficient clent planning such as successful I 1 business institutions carried through m might I 1 be applied to public c affairs as wen well they called themselves ives the F P E P political and economic cc planning this group we was 8 m made ade up of british government officials people from the city lon dons wall street members of industry finance the bank of england which you recall Is a private v a te institution and others by virtue of a fortunate international marriage the ideas of the american and british groups mingled and so the american group came to the conclusion first that planning must be done by lor for ward looking rather than hi cally minded groups including persons who actually had to make the decisions to carry out the plans second that since as the previous years had shown even the well planned industrial and governmental efforts tall fall when the unplanned efforts go down as they did in the depression it might be wise to carry the planning into the national field by 1934 the national planning association had been organized had received the backing of a number of foundations individual con contributions ir and memberships and was able to issue its first report in december of that year setting forth its principles other reports followed birth of a big idea I 1 just when the 60 million jobs idea was born I 1 do not know certainly it was before anyone had hit u upon pon that particular figure which indeed must be considered rather as a symbol than an exact estimate of tomorrows needs but there was one statement made at a meeting to in 1940 which seems to me to have been the inspiration for the present report it was donald nelson who spoke and the gist of what he said was this i in order to get full production for the war effort we must conquer certain future fears labor must be cured of the fear that this tremendous me production effort will bring a reaction and that war workers will be working themselves out of a job later capital must be cured of the tear fear that it will bring inflation and depression which mean that they are working themselves out of their investments and profit whether this caused the board of trustees of the to call upon its committee on international policy to set their heads to writing a prescription for full employment I 1 do not know but it might seem to have caused constructive thinking thin kirg in that direction these are some of the men involved william batt one of americas america ia leading industrialists and a member of the war production board heads the board of trustees the chairman 0 of f the committee commett ee of the which prepared the report art I 1 is s stacy may economic advisor to the mcgraw hill hili publishing company there are 21 others who compose the committee which drew up the report they are representative members of industry labor agri agriculture cu finance public affairs professional profession I 1 life copies of the plan americas americ s new opportunities in world trade pamphlets nos 37 38 can be obtained for 50 cents by writing the national planning association 80 0 street washington D C RATS I 1 they say that rodents desert a sinking ship if that Is the case washington Is assured a sate safe voyage tor for we he have v e in the capital more than our share shar e and the white house has its quota too although the situation there has been ameliorated since the days when theodore roosevelt hired a special rat charmer to run out the vermin with trained ferrets B R I 1 E F S by baukhage merry christmas said the boy well I 1 might said the wistful lady it if he asked me I 1 dont know who bobby i Is but at least he deserves a sock it Is a dangerous thing when cigarettes biting your nails oversleep ing or being inaugurated gets to be a habit what about the rugged individualists who cant roll their own 4 it Is easier to let the cat out of 0 the bag before you want to than to let it out of the back door when it wants to turning in a victory bond is like killing the goose for one goerl plated egg |