After the war is over he intends again to get under way with the cheap labor that is available in those areas of the world where these subsidiary organizations have been developed. and he intends to organize them to manufacture shoes and other products. Our American markets are now being studied by representatives of many of the governments of the world in order that they may be able to determine the availability of our markets in the postwar days for the product of their own manufacturers which they know they can manufacture at a cost way below what we can here in America. We know that with the social security and other taxes and the wagehour law and the high standards of living here in America. we cannot compete with the products of other parts of the world made with either peon or coolie labor. We know that is the history of the past and we know that will be the history of the future. This bill. in my opinion. will sound the death knell of many industries in our part of the country unless an amendment such as I propose is adopted.