POST-WAR WORLD

Nelson Evening Mail, Volume 79, 17 April 1944, Page 2

POST-WAR WORLD

POLITICAL AND ECONOMIC STABILITY London, April 14. There must be world-wide political and economic stability based upon the Atlantic Charter and the level of living throughout the world must be raised, said the U.S. Secretary of Interior. Mr Harold Ickes at a meeting at San Francisco to-day. He was outlining requirements if post-war America is to provide jobs for all and assure decent profits for productive business. Other points he made were that the nations of the world must have equitable access to the world’s raw materials, that under-developed nations must become productive members of the world community and that the United States mustsupply what it is best able to produce to satisfy the needs of the world and it must buy liberally from other nations what they are best able to supply. He insisted that private cartels and monopolies must be eliminated because super-government ’ey cartels and monopolies means low production and high prices and is the deadly enemy of internal security and international peace and stability. “It is the very antithesis of economy in which there is full employment and a rising standard of living,” he said, “and makes a mockery of individual initiative and gives the lie to free enterprise.”