The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
THE WHI TE H O U S E W A S H IN G T O N July 15, 1949 D ear D r. Nourse: I appreciated your letter of the fourteenth very much and I think you are unduly alarm ed over the statement in regard to the national income and the population in crease. The figure really looks to me like ten and, I think, it looks that way to anybody else, unless he wants to go through a lot of statistical figures. The facts in the case are, if you want to get right down to b ra s s tacks, the thirty billion dollar income, as com pared with the two hundred and twenty-five billion dollar income, is about seven and one-half to one. The popula tion increase is about one and one-half to one, so when you figure it that way the relationship is about five to one. I don’t think any serious damage was done by the state ment which I made in the speech. I am glad you wrote me because that indicates to me that you listened to the speech. Since r< D r. Edwin G. Noursee Chairman Council of Economic A d visers Washington 25, D. C.
@FedFRASER