The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-03-07
Men Who Slash Wages
Under NRA Codes Get
Huge Salaries
Rr KALnTUN HECHT

firmer about the necks of the work.
ers, have done very well by them
selves all during the crisis, the latest
Investigations of the Feeral Trade
Commission at Washington reveal. /
The MIRA. codes applied in the
factories of these capitalist employ
ers, representing the most powerful
group OF Wall STREET monopolists
have slashed the wages Of the
American working class to the bone,
to starvation levels.
But for these big employers, who
have been the most active and ruth
less wage cutters, the crisis and the
NR.A. has meant only fatter prof.
its, more plumber.
The unwillingness of the federal
government to publish the indivi-
dual income returns in the past has
made it next to impossible to prove
profits hidden under the cloak of
payroll.
Just partial list comprising the
receipts of only 366 men in tbs
years 1928 to 1888 inclusive shows
that these men received the sum IN
salaries" $90,828,000 and in bon
uses" the sum Of 1922, 900, max
ing an aggregate Of S170, 250000, or
an average of $465 600 per man for
the period, or an annual average of
S77500. ct must be unerstood that
many Of these men replaced others
who stepped out of the picture
from year to year, so that the aver
age per job is much greater
figured
Paying Themselves
That these salaries go only to
those who own the industries and
practically control their salaries
can be seen when we read a list Of
the names Of some Of these.
j. A. Campbell, president Of
Youngstown Sheet 81 Tube, received
in four years the sum of $766, $3.50.
B. l.. Patterson, president of the
American Machine and Foundry
Co, received in six years $1,2O9, 1855.
John D. Ryan, chairman of the
Anaconda Copper Co, received in
five years $1,524,SS4
G. F. Kelly, president of the Ana
conda Copper Co., received in six
years $1,949916.
The Warner brothers received
from their company in the course
Of five years $2,778988.
r. w. Wooruff, PRESENT Of Coca
Cola Company, In six years received
1886, 900.
Alexander Legge, president Of In
ternational Harvester Co, received
in the one year 1928, S405, 300.
Edward A. Filene Of Filene's Bos-
ton, together with his brother, re-
ceiyed in six years $1,1T2,000.
Cyrus Mccormack, Jr., vice pre-
s1dent Of International Harvester, in
four years was worth to this COM
pany $690,938.
William @. Protcr, president Of
ProcterGamble, thought he was
worth in three years the sum of
100000.
Sidney r. Kent, general manager
Of Paramount-Publix Corp, In four
years hauled down for himself
S1,336,37O.
Jesse L. Lasky, first vice presi-
dent Of Paramount-Publix, in the
same four years, received $I,726,12l.
Adolph Fucker, president Of the
same company, in five years, needed
s1,828,152.
George B. Everitt, president of
Montgomery Ward, in five years
had to have $1,135,60
S. S. KreSsge, chairman of S. S.
Hressge's, in six years got 1929 SIS.
Maey's thinks very highly of the
Strauss family, because in six years
it PAID them $2,700,000, an average
oil So 500 year, FOR the doubtful
services Of three or four members
Of the family
Jones & Mclaughlin Steel Corn.
IN six years paid to four men (so1ne
part Of the time) s2,456,12s.
Sears-Roebuck In the same six
years paid to three men $2,670. 404.
Julius Rosenwald in one year alone
receiving $404.639.
Bethlehem Steel Corp, while cut
ting wages Of its terribly over
worked men, paid out to seven men
in the course of these six years the
sum Of $9,367,171. Charles Schwab.
the S1-a-year-man, in 1880. after
the financial crash. received an in
crease Of 100000 in nav, from
$4,000 to s250,0o0 a year. And he
still gets that sum. E. C. Grace.
president Of Bethlehem, in these
same six years. received $4154.5 95.
G. A. Buck. a director" in six years
received $11t2652. Likewise an
other director" @. Bent.
Cut Wages: Pay Bosses Bonuses
The q. S. Steel Corp, inaugural
ing the wage-cutting program of its
and the countrys workers. paid an
annual average Of s213. 1888 to Ny
ron 9. Taylor, and s216,470 to James
A. Farrell. from 1923 to the present
time. Altogether to five men in
these six years the U. s. Steel paid
$S.492,214.
Not to forget George Washington
Hill of the American Tobacco Com
pany, who decided that his services
were worth for these six years the
sum of 81 1858 $40, an annual AVERAGE
of 1851 437. Altogether the A1neri-
can Tobacco Co. paid out to six
men during this period sum of |
$7,727, 1873.
The Crucible Steel Co. paid to its
chairman, H. S. wilkins, S1,055, 900
in these six years. The Hupp Motor
Car Co. was Just as generous to its
president, Dubois Young, whom it |
paid III these six years the sum OF
$1.089, 583.
The Packard Moto Car Co. wasn't |
far behind. To its president, Alvin |
6Farlo,,Ia1r ~ ,,aid Soq7 AL i, .;-y I