Decatur Daily Democrat, Volume 57, Number 243, Decatur, Adams County, 15 October 1959 — Page 10

PAGE TWO-A

Russian Production Falls Farther Behind By LYLE C. WIKSON United Press International WASHINGTON <UPD — This essay is to invite the attention of the taxpayers to a political dispute which they do not understand but .which is important to them. This political dispute is important to the taxpayers because it is about the spending of some of the it money. The dispute is about what economists call the growth of the real national product of the United States. More specifically, it' relates to a comparison of the growth of

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the United States and Soviet Union real product. Nikita S. Khrushchev wrapped it up very well when he visited the United I States. Khrushchev bragged his way from coast to coast and back again with the promise that the Communists would surpass the i United States in production and 1 wave to us as they went by. Bi< Issue in 1960 A great political issue is buildl ing in the United States about jthat. It is argued that the Russians will. indeed, out-produce the i United States unless something is ■done about it right now. Pro- ; posed, among other things to be ’ done, is that the government spark a faster rate of real national production by some freewheeling spending It also is argued, however, that

the Russians are not, in fact, about to out-produce the United States now or soon and that no [ government spending need be undertaken to prevent such an emi barrassing development. All of this will be a big issue . in the 1960 presidential election I campaign and the voter-taxpayers will be asked to judge the issue and take a position on it come election day. That is the point at which the sand gets into the gear : box and the sugar into the gas • tank. I The voter-taxpayers haven t the i foggiest notion of what is meant .by: The rate of growth of the real national product. Any voterhtaxpayer of a mfnd ’to challenge . that statement should pause now and explain in simple words to himself just what the phrase

/ THE DEOrnftl DAILY DEMOCRAT. DECATUtt, IWDIAMA

means. i What It Means The pause being over, it means this: “The rate of growth of the real national product is compounded of three factors: <1) The rate of I growth of the labor force; <2l the rate of increase or decrease of hours worked; <3l the rate of growth of real product per man hour.” This definition is that of Dr. Colin Clark of England’s Oxford University faculty, who also is director of research of the Econometric Institute Inc., N.Y. The Econometric Institute is a business forecasting service. 'Clark ilecently was a witness before a Senate subcommittee investigating prices, profits and inflation. He undertook to scotch

the idea that the Soviet Union was overtaking the United States. The real rate of growth of Russian production per man hour varies, Clark said, from 1.2 to 1.6 per cent depending whether the i computation is based on 1813 or ,1939. 'This compares with 2.3 per cent for the United States- On the basis of that figure alone, Clark testified: j “So, far from overtaking the I United States, the average level l of production in Soviet Russia is all the time falling further behind.” > Pravda, please copy. The United States spent 215 million dollars on public education in 1900, compared with the 14 billion dollars being spent this year.

Hello and Goodbye SAN FRANCISCO (UPfi—Seamen debarking at San Francisco’s Embarcadero are greeted by a sign announcing the “First Chance Saloon.” Returning to their ships they pass the "Last Chance Saloon”—the other side of the same sign. Woman Driver ITHACA, N.Y. (UPD—Mrs. Donald Farley was given a ticket for "driving an unregistered vehicle and parking illegally, threatening the safety of Cornell University personnel” when she left a baby carriage near the emergency exit of a campus building.

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