GOVERNMENT: Machines for Jobs

As shy as a window washer of a new-style safety belt is the Temporary National Economic (monopoly) Committee of advancing technology. Its chairman, Wyoming's Senator Joe O'Mahoney, is so fnghtened of better machinery that he has introduced a bill in Congress providing tax penalties for any employer who makes a "more than average" use of machinery.

Last week TNEC heard why improving technology makes jobs from the No. 1 inheritor of that art: lean, hawk-faced Edsel Ford, president of Ford Motor Co., Henry's only son. It was two days after the 28,000,000th Ford...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!