CONSTRUCTIVE REMEDIES NEEDED 243 
full speed ahead, if production was not accurately coordi- 
nated with consumption, or if supplementary industries 
were not developed to absorb the workers displaced by 
increased mechanization or by temporary or permanent 
retardation of the older undertakings, the price of the 
new industrial benefits would be recurring periods of 
anemployment and suffering for great numbers of wage- 
earners. Along with this development might also go a 
decline in margins of profits for the industries which were 
adversely affected by a contraction in the demand for their 
utput. 
Certain palliative measures for the relief of temporary 
unemployment conditions were obvious and had been advo- 
cated for many years. The really serious problem, how- 
ever, developed by the new industrial revolution required 
measures and methods to be devised for removing perma- 
nently the overhanging menace of widespread unemploy- 
ment, with all its attendant human suffering and social 
and industrial losses. 
CoNSTRUCTIVE MEASURES PROPOSED 
In the face of such deplorable unemployment conditions 
as prevailed in the winter of 1927-1928, the immediate 
proposals for relief naturally centered around the possibil- 
ity of developing new sources of work for those affected. 
The inauguration of new public works and projects of all 
<inds was advocated. As a more permanent policy it was 
also urged that the local, state, and national governments 
should appropriate and hold in reserve plans of and funds 
for public works to be released when industrial conditions 
became subnormal and private employment slack. Indus- 
ry itself, it was also pointed out, should, as far as possible, 
accumulate reserves and withhold projects for new build- 
ings and other improvements to be used at a time of similar