FORTUNE FINDS READERS FAVOR SPENDING PLAN
Fortune Finds Readers Favor Spending Plan Survey Finds Sentiment for Use of Cash for Relief NEW YORK CITY — In Fortune magazine for April a section of the American people have their say about what...
...In the preservation of human values, which are rated the most important, such basic measures as old-age security and good housing are rated above work relief and federal training of labor...
...Increasing Armaments: the navy, the air force, the army, and training civilian pilots...
...SAN FRANCISCO, Cal.—A formula for 3- to 5-year peace on the waterfront is now in the hands of the Waterfront Employes Assn., while the Intl...
...Longshoremen's and Warehousemen's Union (CIO) waits for an answer...
...The measure was introduced at the request of the AFL...
...They (people from all income classes and from all parls of the country) say that next to old-age pensions, slum clearance and better housing is the most important item on which to spend government money "to reduce poverty and unemployment...
...and slum clearance and better housing, 988...
...Fortune Finds Readers Favor Spending Plan Survey Finds Sentiment for Use of Cash for Relief NEW YORK CITY — In Fortune magazine for April a section of the American people have their say about what the government sohuld spend money for in order to build a stronger nation...
...Furthermore, the government is warranted in spending more money "to reduce poverty and unemployment" than in building armaments, or in dealing with agricultural problems, or in constructing public works...
...Spending for Agriculture: reforestation and soli conservation, controlling pests, removing poor farmland, subsidizing farmers, controlling farm production...
...First in this list is expenditures for the navy, with 1.435 votes tthere were 13.062 specific votes cast altogether!: followed by the air force, with 1,420: providing work relief, 1.293: providing old-age pensions, 1.173...
...Commenting on the vote regarding the relative importance of the four main groups of expenditures, Fortune says: "thus the public regards the solution of the domestic human problem...
...People Interviewed were asked to place individual items within each group in order of their relative importance, and then to put the four main groups in the order of their relative importance...
...was only two points behind the old-age pension score of 60...
...On the question, "Which three of the seventeen individual things...
...The chart on page two shows the results of the poll...
...The resolution, which has to be passed by the senate, provides $100,-000 for the studies...
...As each group was scored separately, it is not possible to make comparisons of the score of individual items that are in different groups...
...In most cases these relationships also hold true geographically.'' . According to the scoring system used by Fortune's editors, slum clearance and better housing, with a score of 58...
...as still the most vital to our national security in a confused world...
...Authorize Study Of Productivity WASHINGTON, D. C—Studies of productivity and labor costs in industry by the Bureau of Labor Statistics were approved by the house here as it passed by a roll call vote of 307 to 14 a resolution introduced by Rep...
...Public Construction: flooc control, big national highways, airports, federal power plants...
...do you think are, or might be, the ones justifying the expenditure of the most money and effort...
...By age and sex the difference of favor among these four kinds of spending are relatively small...
...The latset figures available as the result of those studies, he said, are for 1937...
...I. e., the relative position of the four main groups, and the place assigned to component items within each group by the voters...
...Both the prosperous and the poor put reducing poverty and unemployment ahead of the others and armaments second...
...In the survey, 17 ways of spending government money were listed and grouped under general headings as follows: Under Reducing Poverty and Unemployment: old-age pensions, slum clearance and better housing, training skilled labor, and work relief...
...Wood explained that the bill proposes to continue studies of productivity and the cost of labor conducted by the WPA and the census of manufacturers...
...By economic levels also their order stays significantly the same...
...Reuben T. Wood <D, Mo...
...voters , placed slum clearance and better housing fifth in importance...
Vol. 10 • April 1940 • No. 16
