THE SOURCE OF POWER
The Source Of Power FOR all his support of the doctrine that the military force of the Great Powers must be the cornerstone of international cooperation, Franklin Delano Roosevelt could and did...
...They have little confidence that their present earning capacity will be maintained...
...Give people something constructive to do and they will not have enough time to hate each other," he said...
...We join with progressives throughout the land in a salute to our colleagues in the South whose struggle and constant hope for a real democracy in America has found its highest expression in Hugo Black...
...This theme has been so extensively popularized by the sack-cloth-and-ashes boys of the National Association of Manufacturers that you will find it difficult to turn up a war industrialist who won't swear that he had to sell the white side wall tires off his car to meet the Government's demands...
...Just so there won't be any misunderstanding we present herewith the revised figures of the United States Department of Commerce on wartime corporation profits...
...Report On Profits WHENEVER The Progressive publishes reports on war profits, we are certain to get a handful of letters from some of our readers, who for some reason think war corporations are hellbent for the poor house...
...But his selection to receive the award is even a greater tribute to the steady march of the South's progressive forces...
...Roosevelt said: "Conscience and not force is the source of power in the government of man...
...Commenting on these figures, the Department of Commerce said, "The high level of profits was reached and maintained in spite of heavy increase in Federal corporation income and excess profits taxes...
...The rising anti-Negro, anti-Jewish, anti-Catholic feeling, as The Progressive has pointed out repeatedly in the past, seems to stem largely from the deep-going insecurity felt by the great mass of our people as they face the postwar era...
...It is possible that the estimates, especially for 1944, are still too low...
...Unless our people see this question in the light Dr...
...We urge you to read it carefully...
...Roper put his finger on the only sound solution to this problem when he said a vast program of public and private building must follow the war...
...As the "Survey Of Current Business" puts it, "These profits estimates are significantly higher than those published previously before the availability of the latest corporate income tax data...
...A Timely Warning ELMO ROPER, whose public opinion poll for Fortune Magazine has been one of the most reliable in the country, has now sounded a timely warning that racial and religious prejudice is rising to the point where a revival of Ku Klux Klan-ism threatens the nation...
...In a little-noticed sentence in the statement he issued the day after he was triumphantly swept into office for a fourth term, Mr...
...As a matter of fact, the unanimity with which workers talk of the "postwar depression" is remarkable...
...In that faith," he said in expressing a thought which must have the hearty approval of all men of good will anywhere, "let us unite to win the war and to achieve a lasting peace...
...His warning serves to emphasize that America faces one of the most potentially explosive situations in its history...
...These are the net corporate profits representing what is being made after all taxes have been paid...
...It is a straightforward and comprehensive analysis that will help you understand the nature of the problem we face and, thus, better equip you to cope with the situation when it becomes critical...
...Frank H. Hankins...
...Year 1939 1940 1941 1942 1943 1944 Profits $4.2 billion 5.8 billion 8.5 billion 8.7 billion 9.8 billion 9.9 billion It should be pointed out these figures do not tell the final story...
...A Deserved Tribute THE presentation of the Thomas Jefferson Award to Supreme Court Justice Hugo L. Black by the Southern Conference for Human Welfare recently was a grand tribute to a great American...
...Certainly nothing short of a program of full production and full employment can turn the tide against bigotry...
...The Source Of Power FOR all his support of the doctrine that the military force of the Great Powers must be the cornerstone of international cooperation, Franklin Delano Roosevelt could and did recognize a higher and greater influence in the moulding of international friendship and understanding...
...No one of the South's distinguished liberal statesmen is more deserving...
...We should like to suggest that the representatives of the United Nations now moving on San Francisco for their historic conference, adopt this statement as their watchword: "Conscience and not force is the source of power in the government of man...
...Hankins presents it and prepare to get at its root cause—economic insecurity—all the legislation, propaganda, and the many other proposals for dealing with a wanton era of Klanism will be so many ineffectual palliatives...
...The 1944 total does not include full information...
...The 5 billion, 7 hundred million dollar difference between 1939, the last normal year, and the figure for 1944 will probably be even larger than it is when final tallies are available...
...If the feeling of insecurity which now grips the nation can swell racial and religious antagonism, it is not difficult to imagine what will happen if and when we get into an era of joblessness and breadlines...
...Profits before taxes amount to 25 billion dollars...
...Despite the pains we take to point out that we are using net figures arrived at after taxes are deducted, these indignant letters invariably advise us that they mean nothing, that after the corporations get through with the Collector of Internal Revenue, there isn't anything left but the red ink in the management's fountain pens...
...On Page 4 of this issue of The Progressive you will find a profoundly thoughtful discussion of this problem by one of the nation's most distinguished authorities, Prof...
Vol. 9 • April 1945 • No. 17
