GENERAL TAX PICTURE

of governmental services on industral enterprises should be particularly useful at this time. Additional industry appears to offer one of the most promising ways of employing labor and resources both to increase production and to raise the income levels of the people. The procedures that may be used most effectively by a community or a state to stimulate industrial development are not clearly determined. Governmental services in line with modern standards are sometimes referred to as the result of industrial development and high taxpaying capacity. It may be, however, that the quality of governmental administration and the adequacy of public services are an important causal factor in luencing the location and development of industry. Good government is an achievement within the reach of each state and of each community within the state, lthough the need for wise expenditure policies m y be more obvious in areas with low taxable res urces. The possibilities of encouraging industrial growth and progress through efficient expenditures of public funds and skillful management of public affairs are great enough to warrant careful study and investigation.