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YOUR
CONGRESSMAN
REPORTS
By Rep. Burr P. Harrison
In many a grumbling session, we hear the old saw* about the rich getting richer and the poor getting poorer. While the rich aren’t getting richer as fast as they used to, because of the ravenous tax bite ip the upper brackets, it still is relatively easy, on a political basis to rally discontent against big business.
For this reason it is difficult to place in proper perspective the relative importance, and value, to our economy of big and little business. The very terms no longer mean, in economic circles, what they used to mean—and what they still mean to many of us.
For example, one rule of thumb today is to class as small; business an efiterprise having assets of less than $1,000,000, although a million dollar business would look pretty big to the independent grocer, or druggist or filling station , operator ip the 7th Congressional District of Virginia.
The economic welfare of our area is affected ipaterially by big business. It goes without saying that the numerous plants of major manufacturers located here provides employment for thousands of citizens and receipts for the many small businesses which supply the day-to-day needs fo these workers.
For any of us to attack big business per se, therefore .would be senseless. Bigness alone is not an economic sin. As a matter of fact, one of the chief incentives of our « free enterprise system is the opportunity for growth. By good management. and by offering a product or service of high quality, a small business may expect to grow, in time, into a large business.
On the other hand, if we are concerned about trends toward sor in the L nited states, we
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