National Affairs: OLD AGE PENSIONS

How Big? Who Should Pay For Them? Will They Cripple Business? Can Security Be Guaranteed?

"The harvest of old age," said Cicero, "is the recollection and abundance of blessings previously secured." Cicero wrote of the blessing of serenity achieved by a mellow and philosophical mind. Modern industrial man has a different blessing in view: economic security. And, like Cicero, he feels that it should be "previously secured."

This is easier said than done for two reasons: medical science has made it possible for men to live longer at the same time that high taxes and high prices are making it harder to save a nest egg for old...

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