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King, Willford I. How to keep up employment. Commercial and financial chronicle (N. Y.), Feb. 15, 1945, v. 161: 716, 741. HG1.C2

Conclusion: Unless total spending power is kept large enough, and average wage rates are kept low enough to furnish as many hours of employment as people care to work, no amount of job-hunting, tax manipulation,

government spending, etc., will accomplish the end desired. League of nations. Publications. II Economic and financial, Prosperity and depression, by Gottfried Haberler, 3d ed. Geneva, 1941. 532 p.

JX1975.A 25 Contents: Reviews the literature with respect to the "very much disputed question" of the effect of a reduction in wages. Many economists see such reduction as the infallible remply for unemployment, while others denounce

it or find it detrimerial. Scc cspecially p. 239-244, 395-405. Murray, Philip. C. I. 0. reemployment plan. Washington, C. I. O. Department of research and education, 1945. 29 p.

Conclusion: High wages mean full employment. There must be no reduction in take-home pay as overtime is eliminated. Annual wage guarantees must be included in labor contracts, and dismissal pay, paid vacations, etc. must be elements of collective bargaining contracts in the future. See especially p. 7-8.

A guaranteed annual wage for labor? New York times magazine (N. Y.), Apr. 8, 1945: 12, 33–35. Contents: Arguments in favor of a guaranteed annual wage.

Guaranteeing employment and purchasing power. Commercial and financial chronicle. Jan. 25, 1945, v. 161: 362, 381.

IIG1.C2 Contents: Reviews arguinents for a guaranteed annual wage. Conclusion: It is & proposal in which industry and labor can find an answer to many vexing problems. Noyes, Charles E. Economic freedom. New York, Harper & bros., 1943. 234 p.

JIC106.4.NO Contents: Discusses the effect of wage increases on prices, standard of living, etc. Conclusion: The simplest, surest, and easiest way to provide for post-war prosperity is to increase wages in rapid crescendo beginning 3 months after the war. Pierson, John H. G. Fiscal policy for full employment. Washington, National planning association, May 1945. 54 p. (Planning pamphlets, No. 45.)

HIC101.N352 No. 45 Conclusion: Low wages, against which collective bargaining must remain the chief bulwark, would create a fatal shortage of purchasing power. Fiscal

measures to bolster consumer demand must fail unless wages are sustained. Rising, Frank. Post-war employment problems. The controller (N. Y.), Aug. 1944, v. 12: 336-337.

HF5001.C77 Conclusion: The only answer that industry can give to the demand for a guaranteed wage is“Where do we get our guarantce?” Roosevelt, Franklin D. Message...on the state of the union, 1945. U.S. Congress, Daily congressional record, Jan. 6, 1945: 93–97.

Conclusion: Americans do not regard jobs that pay substandard wages as productive jobs.

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Schmidt, Emerson P. The cconomics of annual wage. Commercial and financial chronicle (N. Y.), Apr. 12, 1945, v. 161: 1597,1617.

HG1.C2 Contents: Reviews the reasons why an annual wage cannot work for indus. try in general. Conclusion: The most coinpelling reason against the annual wage is the varying shifts and changes in demand for goods, arising from changes in consumer habits. The idea of an annual wage assumes emplos. ment and new investment as causes rather than symptoms of consumer

spending. Freezing the economy would destroy the spirit of risk taking. Stead, William H. Democracy against unemployment; an analysis of the major problem of post-war planning. New York, Harper & bros., 1942. 280 p.

HD5706.58 Conclusion: Two moves that industry could make to increase labor's total income and purchasing power, without necessarily increasing relative labor costs, are an adequate guaranteed annual wage and the substitution of certain types of "incentive wage systems" for the usual systems of wages paid for

time on the job. Sufrin, Sidney C. Labor policy and the business cycle. Washington. American council on public affairs, 1943. 52 p. HD4909.587

Contents: Discussion of alternative wage policies that could be followed to regularize production and employment during the business cycle. Wage subsidics are advocated because: (1) payment of wage subsidies will permit a reduction in direct (wage) costs, which will result in incrcases in employment and labor income. (2) A subsidy program in a depression will be more effective in increasing employment and production than an equal expenditure on either public works or on an out-and-out dolc. Justification for these wage subsidies is that the lowering of wage rates by a given percentage will result in a greater proportional increase in the volume of employment, measured in man-hours. Direct wage subsidies are more effective

than public works in providing a larger increase in employment and output. U. S. National war labor board. Carnegie-Illinois Sted Corporation and United Steelworkers of America. "Supplemental opinion of labor members of the (steell panel. Sept. 1944. 94 p. Mimeographed.

Contents: Discussion by the labor members of the steel panel of the discussion and findings of the public members on the inatter of a guarantecd annual wage. Conclusion: Disagreement is expressed with both the discussion and findings. See especially p. 30-45.

In re: United States Steel Corporation and United Steelworkers of America. Report of the steel panel. Sept. 9, 1944 . 285 p. Mimcographed.

Contents: A summary of the union's position, the company's position, and panel discussion. Conclusion: The steel companies could not guarantee an annual wage in the form and degree requested by the union. See especially p. 132-157.

In the matter of Carnegic-Illinois Steel Corporation and United Steelworkers of America. Report of the Industry members of the (steel) painel. Sept. 12, 1944. 69 p. Mimcographed.

Contents: A discussion of the findings of the public members of the steel panel on the issue of a guaranteed annual wage, in which agreement is expressed for the most part. See especially p. 32-35.

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Wallace, Henry A. Statement. In U. S. Congress. Senate.

. Committee on commerce. Administration of certain lending agencies of the Federal Government. Hearings, 79th Congress, 1st session . . . on S. 375, January 24 and 25, 1945. Washington, Govt. print. off., 1945. 144 p.

HG3729.U5A5 1945a. Conclusion: When workers' hours are cut back to peacetime levels, a real atteinpt must be made to adjust wage rates upward. And wage rates should be constantly increased as the productivity of industry is increased. A guaranteed annual wage is a very important part of any real attempt to

implement America's economic bill of rights. Weiss, Abraham. Guaranteed-employment and annual-wage provisions in union agreements. U. S. Bureau of labor statistics, Washington. Monthly labor review, Apr. 1945, v. 60: 707–727.

Contents: Discusses the extent and characteristics of the plans, number of firms and workers involved, etc.

3. Placement, Training, Etc.

The very incomplete listings below relate to the functions of employment agencies, vocational education, mobility of labor, etc.

Beveridge, William H. Full employment in a free society. New York, W. W. Norton, 1945. 429 p.

HD5767.B42 1945 Conclusion: Organized mobility of labor is needed for a full-cmployment program. Men must be in a position to move rapidly and directly to a job when there is a job. Use of employment exchanges should be compulsory for all persons under 18, so that the flow of adaptable youth into industries

may be wisely directed. Great Britain. Ministry of Reconstruction. Employinent policy. May 1944, London, H. M. Stationery off., 1944. 21 p. (Command Paper 6527.)

HC256.4.G7A5 1944 Conclusion: Individual workers must exercise to the full their own initiative to adapt themselves to changing conditions. They must be willing to

move to places and occupations where they are needed. International labour office, International labour conference. Twenty-sixth session. The organization of er ployment in the transi

en tion from war to peace. Montreal. International labour office, 1944. 179 p.

HD5706.1616 Contents: Discusses the place of the employment service in bringing employers and employees together, with consideration to the question of compulsory use of the service. Reviews the types of employment services in effect in certain countries, and makes recommendations with respect to the kind of system preferred. The needs and pri'! ms with respect to vocational guidance, training and retrain g are taken, and recommendations made. The problem of mobility is also reviewed and recommendations with respect to it are put forth. Sce especially p. 47-76, 116-122. Manpower mobilisation for peace. Montreal, 1943. 78 p.

HD5706.1615 Contents: Discusses the need for continuing the machinery for organizing employment after the war. Sccpecially p. 73–76. Lester, Richard A. Providing for unemployed workers in the transition. New York, McGraw-Hill, 1945. 152 p. (Committee for economic development rescarch study.)

HD5724.LA2 Conclusion: There should be in the transition a general and vocational program designed primarily for persons experiencing reconversion and frictional unemployment, and administered by the states and localities under plans subinitted for approval to the U. S. Office of Education. Federal

Government would match state and local expenditures under the program, National planning association. Agriculture, business, and labor committecs on national policy. Joint statement on social security. Washington, the Association, April 1944. 36 p. (Planning pamphilets, No. 33.)

HC101.N352 No. 33 Contents: Review's the need for, and functions to be performed by, an effective employment service. Sce especially p. 18-20. Princeton university. Industrial relations section. Problems of reemployment and retraining of manpower during the transition from war io peace: A selected, annotated bibliography. Princeton, the University, June 1944. 26 p. Mimeographed." Z6724.V4P7 1944 Contents: A bibliography.

4. Unemployment Compensation The role of unemployment compensation in promoting full employment is considered here.

Lester, Richard A. Providing for unemployed workers in the transition. New York, McGraw-Hill, 1945. 152 p. (Committee for economic development research study.)

HD5724.LA2 Contents: Unemployment compensation should be the chief means of providing for unemployed workers during the transition, but requires certain

improvements. Sce especially p. 33-58, 126-127, 131-135. National planning association). Agriculture, business, and labor committees on national policil. Joint statement on social security. Washington, the Association, April 1944. 36 p. (Planning pamphlets, No. 33.)

HC101.N352. No. 33 Conclusions: Recommends additional coverage and benefits, Federal operation, special measures for veterans, etc. Rockwell, Col. Willard F. A plan for unemployment compensation during reconversion. Automotive and aviation industries Philadelphia), June 15, 1914, v. 90, no. 12: 17, 100.

Conclusion: Proposes a system of payments by industry from sums set aside by industry from its gross income (before renegotiation). Ruml, Beardsley. Four post-war fiscal problems. Commercial and financial chronicle (X, Y.), May 25, 1944 v. 159: 2169, 2174.

HG1.C2 Conclusion: Reserves should be built only in times of high employment, so that they will not create the imemployment they are designed to relieve. U. S. National resources planning board. Security, work, and relief policies. Washington, U. S. Govt. print. off., 1942, 640 p.

HV 85.A53 1942 Conclusion: The unemployment compensation system should be strengthened and expanded in coverage, duration of benefits, bencfit formulas, by abandonment of merit rating, by placing system under exclusive Federal

control, etc. U.S. Congress. Senate. Special committee on post-war economic policy and planning. Changes in the unemployment compensation system. Report pursuant to S. Res. 102. Washington, Govt.

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print, off., 1944. 8 p. (78th Cong. 2d sess. Senate. Report 539 pt. 5—reprinted as part of Senate report 1035, 78th Cong:, 2d sess.)

Contents: Principally a review of the adequacy of state reserves, and the question of transferring adininistration to the Federal Government. U.S. Office of war mobilization. Report, Sept. 7, 1944. Washington, U. S. Goyt. print. off., 1944. 14 p. (78th Cong., 2d sess.

Sonate Doc. 237.)

Conclusion: Unemployment compensation is our first line of defense against unemployment. Inadequate benefit payments should be increased. See especialy p. 9–10.

5. Special Problems or Veterans The items here are concerned with the problem of placing veterans, review of various company reemployment plans, ctc.

Andrews, John N. Outlook for the serviceman. In New York University. Institute on post-war reconstruction. Post-war economic society. Addresses delivered at the third scries of conferences ... p. 145–183.

HC101.N532 Contents: Outlines the various opportunities open to servicemen after the war, and the employment assistance available through the Veterans Employ

ment Service of the United States Employment Service. Experts handle veterans' placement. Steel (Cleveland), Nov. 6, 1944, v. 115: 84-85.

TS300.1745 Contents: Reviews the Bethlehem Steel Corp. plans for placing veterans, and the degree of preference accorded them. Fitzgerald, Albert J. Veterans. In Congress of industrial organizations. Political action committee. Tull employment; proceed

. . ings of the Conference on full employment, New York City, January 15, 1914. p. 94-96.

IIC106.4.C536 Contents: Post-war program for veterans as favored by the C. J. O. Other speakers dealing with veterans at this conference were Jaines B. Carey,

Millard W. Rice, and Colonel B. F. Hayden. Ilines, Gen. Frank T. The reemployment of veterans. Academy of political science, New York. Proceedings, Jan. 1945, v. 21:197-210.

H33.44 Contents: Reviews the conditions and problems facing the returning veteran. Post-war jobs for veteraris. American academy of political and social science, Philadelphia. Annals, Mar. 1945, v. 238:1-187.

H1. 14 vol. 238 Contents: 23 articles on various phases of this subject. National industrial conference board. Employment of veterans. New York, the Board, 1945. 43 p. (Conference board reports. Studies in personnel policy. No. 69.)

HF5549.A 2N27 No. 69 Contents: A general article discusses how firms should plan for reemployment of veterans. Princeton university. Department of economics and social institutions. Industrial relations section. The readjustment of manpower in industry during the transition from war to peace, by Helen Baker. Princeton, N. J., the University, 1944. 112 p.

ÉF5549.P676 Conlents: Discusses problems and policies with respect to the employ ment and reemployment of veterans. See especially p. 54-99.

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