PAGE TWO
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No Comment
By JAMBjt W. OOOTHAT |
ikgMg. *hA MaUabal
-HO COMMENT” U a report of
tridents on tko national ictna
m 4 does not nooonofilr reflect
HAM policy opposition.
Washington Conservatives
are greatly concerned over some
of the programs now being ad
vocated to bring about the en
actment of legislation intended
to protect American industry
from the effects of competition
from abroad.
Major emphasis at the present
tilne centers around proposals
for increased government spend
ing—and it is certain that these
will be pushed zealously by the
Npw Dealers when Congress re
convenes on Januasy 3.
Conservatives are warning
against this campaign, pointing
out that the basic solution of
the problem is not more govern
ment spending but greater ad
herence to fundamental laws of
economics and business manage
ment.
In the campaign to protect
American industry against com
petition from abroad, a number
of similar bills have been intro
duced in Congress and undoubt
edly will be re-introduced when
the 1961 session starts.
More or less typical is a meas
ure by Se. Javits (R-N.Y.) who
is convinced that “U. S. trade
policy is going to be an issue
of top priority” next year.
Under his measure, as he de
scribed it, “assistance to allevi
ate serious injury from imports
would be available from the fed
eral government in the form of
loans, tax incentives, and tech
nical aids to qualified businesses,
communities, and industrial de
velopment corporations, together
with special unemployment com
pensation, retraining assistance,
provisions for early retirement,
and relocation allowances for
workers.”
Such are the Javits proposals.
They, along with many other
similar ones, will be studied
carefully by the Congressional
experts in this field.
Among the proposals being ad
vocated by the conservatives —in
an effort to combat the New
Deal philosophy—are these:
1. Enact legislation to curb
the monopoly power of giant un
ions—a power which has enabled
them to force wages up faster
than productivity increased,
thereby boosting prices and re
stricting industry’s ability to
compete with products from
abroad where the wage scale is
much lower. Because of this
situation, a number of American
companies have established
plants abroad.
2. Pass tax rate reform leg
islation, which would ease
somewhat the financial burden
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upon American.industry and re
move road blocks to business
expansion which is essential to
provide more jobs and more pro
ducts to meet future needs.
3. Bring about better coopera
tion between labor and manage
ment to increase productivity
and reduce costs by utilizing the
most advanced machines and
work methods. Many union
rules now impede production.
Tariff rates —a subject on
which industry js divided —also
are involved in the discussion.
Some companies hard hit by
competition from abroad —joined
in some instances by union la
bor —are urging higher tariff
protection. On the other hand,
there is considerable support for
lowing or eliminating tariff bar
riers.
An impetus to discussion of
tariff rates is provided by the
fact that the Reciprocal Trade
Agreements Act expires in 1962
and the question of renewal at
that time will be before Con
gress. Negotiations over tariff
rates also are in progress at the
present time in Geneva—and
will continue for months—
among the member nations, in
cluding the United States, of the
General Agreement on Tariffs
and Trade (GATT).
While the controversy over
imports into the United States is
going on, the Eisenhower ad
ministration is pushing a pro
gram to bring about an increase
in exports from the United
States. It is intended to sell
more American products over
seas, thus improving the bal
ance of payments picture, creat
ing more American jobs, and
stimulating the healthy growth
of the economy here and abroad.
There is no question about
foreign competition being a real,
problem to somfi industries and)
a number of companies and:
their employes. But the con
servatives are fearful that the
, situation would be made infinite-
Ily worse by some of the
“remedies” being prescribed.
They urge the application of
basic economics for a lasting so
lution.
114 Given Old Age
Aid In September
Mrs. J. H. McMullan, superin
tendent of public welfare, reports
that during September 114 per
sons in Chowan County received
old age assistance with $4,299
being distributed. Seventeen
cases of aid to dependent child
ren received $1,078, while 38
cases of aid to permanently and
disabled persons received $1,867
and 11 cases of aid to blind re
ceived $438.
Three cases were hospitalized
in the county, costing $173.04
and two cases hospitalized out
side the county, $33.60. There
was need to buy medicine cost
ing $6.00 and an emergency
transportation, $5.72.
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