The passage of the minimum wage of $1.25 would increase the cost of the laundry owners by a substantial sum because manpower represents a high percentage of their cost, and they are competing with home laundries, which now have become a rather easy alternative in many cases.
The President's News Conference
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More from John Fitzgerald Kennedy
I hope in the year 1963 we will again take stock of the needs of the country over the next decade and we will begin today, this year, this decade, the things which will make this country a better place to live in for the rest of this…
It symbolizes, I believe, this highway, first of all, the partnership between the Federal Government and the States, which is essential to the progress of all of our people.
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