How many jobs must a free U.S. industry provide in the postwar world if it is to save itself?
Studebaker's able, handsome President Paul G. Hoffman, who is also chairman of industry's Committee for Economic Development, tried valiantly to answer this question at the National Industrial Conference Board session in New York.
Said he: Industry will have to supply "something like 58,000,000" full-time jobs, a jolting 12,000,000 more than in the "good" year of 1940. That means a U.S. output of goods and services of some $145,000,000,000.
But industry must be ready to perform fantastic tasks. Warned Automan Hoffman: "The very toughness of...