GETTING A PREVIEW OF TIME MAGAZINE before if is
loaded aboard a Pan American plane for Alaska are Express and
Mail Superintendent E. E. Herold and Airport Passenger Clerk Dor
othea Kollmeyer. Miss Kollmeyer is wearing an Arctic parka of
eider-down, with fur-trimmed hood. ‘
FOR PEACE
Prosperity in America is the
first step in the direction of a
lasting peace. This prosperity
ought to spread, as fast as if can,
to other countries. It is in Amer
ica, however, where men have
the key to prosperity and the
United States must lead the pro
cession to high living standards
through open competition . . . the
only way to obtain a more abun
dant life, for ourselves or others.
At first thought, some people
may not agree that prosperity
has anything to do with peace.
But they will convince them
selves if they will think back.1
Troubles that built up to this
present war were economic
troubles. Hitler and Mussolini
both climbed to power over
ruin; ruined fortunes, ruined
hopes, ruined lives. They got a
following by promising people
relief from misery.
I WANT IS SERIOUS
People will be patient, and con
tent themselves to wait for solu
tions to ordinary political prob
lems, but they will do desperate ‘
and violent things when hungry; j
when their families need food.
Prosperity • helps to maintain
peace, and (as I said in the first
sentence) prosperity in America
is the first step. The reason is
plain. Uncle Sam is the world’s
besh customer.
t
When we think about the inv
portance of the United States in
world affairs, these simple fig-1
HOMER HOOPEE
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! ures stand out boldly. We have
only 7 per cent of the earth’s
population and yet we buy 40
per cent of all the raw materials
in the world from which manu
factured goods are produced.
When wheels are turning in
America, markets get active to
the four corners of the earth.
LOOKING TO AMERICA
When American smokestacks j
are warm, and American factor-1
ies hum, the tin mines of Ma-1
laya get busy, the rubber plan_
tations of Sumatra swarm with
workers, and the Caribbean |
countries commence shipping
coffee, chicle and bananas. Our
prosperity is the worlds prosper
ity and the key to world peace.
But why discuss it unless we can
do something about it? I hasten
to say we can!
I
Foreign lands prosper when
they sell freely to America. They
sell to America when jobs are
plentiful and good here, when
J most Americans have money to
| buy what they want. Jobs are
plentiful and good, and workers
prosper, when business is ex
panding. Business expands when
investors see possible retcrnsj
from investments. They could see
such opportunities now if they
were not afraid of taxes.
UNCERTAINTY KILLS
Very few business men in the
United States have any idea to
day that they will be able to ex
pand in peace-time pursuits.
CAVEY’S
FINEST IN WINES
BEERS AM)
LIQUORS!
See Us Wnen in Need of
Spirits!
Most of them know they can’t
afford to expand if the present
day 95 per cent excess profits tax
remains in force. It was enacted
as a war emergency measure.
Nobody thinks it ought to be re
pealed this hour. But we ought
to make certain now that it will
not outlive the war.
Revenue measures are the
hardest of all laws to repeal.
Taxes rarely get smaller. But
unless taxes on business get
smaller after the war, investors
would be insane to spend n^w
billions for expansion. Business
men want to plan peacetime
sales and employment now. When
Congress makes a reasonable
tax law to become effective with
victory, world peace will have its
first guarantee. It will have to be
done this year.
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INNOCENT liY-SIAMMK
ju *tUkE THE GOOD OLD DAYS n
\ WHEN THE BEEKMANS AMD THE «
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____A MEAN JOB
N WHATS WRONG
WITH THESE '1~
DUNGAREES? V '
THEY HAVE MORE
NAMES'N TH'
SOCIAL REGIS1
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UP*
IT SEEMS TO
ME, GIRLS
NOWADAYS
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WORSTS