The Connecticut labor news., 1923-07-20


 gambling on alleged sure things. Of course for every person that gets stung there is somebody. that does the stinging, but merely crying about that isn't going to save any body's money.
 Gary says he is going to use south ern negroes in the steel mills in order to abolish the I2-hour day. He no l doubt thinks he has found new brand of slave labor for his furnaces. The last thing that occurs to the Payment of fair wages on an eight 1 hour basis would have settled the 1 steel problem long ago, but, gentle men, there must be something put in l the way of dividends That enormous Steel Corporation surplus must keep piling up and the dividend cheeks must keep going out. Yes, By all rneans-unti1 the work CTS organize and humanize the great steel industry. K, What a few workers of limited f. nanclal resources can do in the way of cooperative banking is shown by 50 employees of the Homestead Print
 
 Starting with a capital stock of S85o-5 50. the Homestead Savings and Loan Association, organized last De- cember by the printing company's workers, has launched a miniature CO., operative bank It began with capital of s17o raised by the em- ployes themselves, and after paving all expenses for the past six months shows undivided profits of S7o.43, loans totaling $I,o2o, and $7o.o3 cash on hand. In other words, 1t has turned over its funds so skiIfulIy that the original capital subscribed
 The Homestead Savings and Loan Association IS primarily savings in- stitution which everybody is welcome to join, although thus far shares have been sold only to members of organ ized labor. Cashiers checks draw ing eight per cent interest per annum are issued on the basis of the notes of members, who can secure either personal emergency loans or short time credit for productive purposes.
 Paris evidently is not afraid to punish profiteers. Recently nine Pari- sian master bakers were convicted for shutting their doors in December in an effort to force the authorities to increase the> price of bread. Two were sentenced to four months each and fined I,ooo francs and seven were fined without imprisonment. Two were acquitted,
 Executives of American cities where prohteering is rampant might well follow the example of Paris and actually do something toward punish ing prohteers, instead of telling the newspapers what they are going to do in the sweet by and by. That going to do' stuff doesn't worry the pro- hteers in the least.
 That was deserved wallop that Bishop Francis J. McConnell, head of the Pittsburgh area of the Metho- dist Episcopal church, handed Judge Gary in a recent address.
 Bishop Mcconnell made a spirited attack on the I2-hour day in the steel industry and declared that capital needs spirit, not the spirit of lip. service which tells us what a fine book the Bible IS, but a real service deals of justice and humanity of the Bible.
 The bishop didn't mention Judge Gary but he evidently had in mind the udge's address when he told what fine thing the I2-hour day is and low the workmen love 1t with their whole heart and soul Then the udge, who had just returned from
 trip to Palestine, praised the Bible nd urged greater interest in re- igion.
 Faith without works is dead" and hat it's bit incongruous to plead or religion and the Bible, while at he same time defending such bar arous and anti-religious thing as he I2-hour workday.
 Some of the union-baiting news apers tried to stir up big rumpus yer strike in West Virginia mine, wned by the Brotherhood of Loco lotive Engineers.
 They pretended to see in the trou- le fight in the ranks of organized lbor and wrote all sorts of lurid ales about the walkout While they -ere talking about the strike as if was thing of vast importance, the liners returned to work pending an lvestigation and report by joint ommittee representing the Brother ood and the United Mine Workers. he matter was soon adjusted and the lines are to be unionized And now le papers haven't anything on which n ha wild of in