LABOR: Job Reserve

. . . How the hell can we work

When there's no work to do?

Hallelujah, I'm a bum.

Hallelujah, bum again.

Hallelujah, give us a handout.

Revive us again!—U. S. Workers' Song.

The Federal Reserve banking system stabilizes the U. S. money market. Might not some form of "reserve" be set up to stabilize the U. S. labor market—a national job reserve?

Dr. William Trufant Foster, Boston pedagog-economist, director of the Pollak Foundation for Economic Research, and Waddell Catchings, Manhattan manufacturer-financier (shoes, collars, cans, rubber, motors, fruit, cereals, dairy produce, drugs, magazines, cinema), collaborated...

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