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To the Editors of the Crimson:
The Crimson of August 9 carried an editorial entitled "Citizens First?" which took the Harvard Chapter of AVC to task for favoring increased subsistence allotments for veterans under the "G.I. Bill." The Crimson lectured us on the economics of inflation and urged a policy of self-sacrifice.
It seems to me that the Crimson editorialist has been confused by talk of "buyers' strikes" and consumers' self-discipline. AVC has urged people not to overpay, to seek to force prices down. But we do not urge poor people to do without milk for their children because the price has gone up. Nor do we ask veterans to do without education because it costs more to attend college.
AVC has maintained a consistent policy of favoring wage increases to meet the higher cost of living for labor and increased subsistence allowances for veterans. We fought to stem inflation by government regulation. Why should we permit our standard of living, our chance for an education, to be reduced for the profit of selfish business interests?
True enough, any increased flow of money tends to be inflationary. But the next chapter should be headed "deflation," for when the veteran and other people with fixed incomes have been squeezed dry, the market will fall out under the inflated inventories and the boom will end in bust. Let the wage earner sacrifice, you may say, let the veteran suffer, but in the long run no economy can continue to distribute inflated profits to one small class and inflated costs, a huge consumer tax, to the great mass of men and still be prosperous.
The AVC demand in behalf of the veteran and wage-earner cannot be answered with "T.S.!" Show us an alternative--besides continence, selfabnegation, and supine resignation--and we will be glad to recommend different action.
(The above are personal opinions and do not represent the official position of the Harvard Chapter of AVC of which I am a member.) Robert J. Koblitz 1G.