Word: employment
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Each million-dollar laboratory will employ about 200 workers on research projects. The Department has already announced Civil Service examinations for 25 chemists to serve as project leaders. Sites were chosen, the Secretary tactfully explained, near other scientific and industrial experimenters in order to provide a "stimulus to creative thinking." Deadline for starting work on all four projects: end of this fiscal year (June 30 next...
Last week the Senate committee heard Mr. Hazelett's views, which are extremely simple: "Only way to prevent depressions, balance the budget, insure maximum employment and raise the standard of living is to increase the nation's production of wealth; therefore, taxes should be graduated to penalize companies which do not operate at full capacity, banks which do not employ their funds, landowners who do not use their land...
Nash-Kelvinator Corp. fired 300 sit downers who struck for $1 instead of 91 ½? an hour, paralyzed interlocking Nash auto plants which employ 3,500 at Kenosha and Milwaukee...
...career of Walt Disney has given many artists something new to think about. They like to think that movie animation is in its infancy, that Silly Symphonies are preludes to Serious Symphonies which will employ all the resources of painting wedded to music and cinemaction. The obstacle that many of them bleat about: no film company will back anything but popular entertainment. Last week in London an original artist named Len Lye, working on a shoestring, crashed through with an animated movie called Color Flight which previewers hailed as art, as entertainment, and as the freshest stuff of its kind...
...organization of scarcity"-not because of actual productive lack, but because the oldtime concept of thrift has been subverted into a modern concept of saving. He points out that investors, in their desire to save, have pushed far more money into capital markets since 1919 than business could profitably employ. Rather, they should buy goods and services. (An old Coyle saying: "Saving for a rainy day only makes it rain...