Evening star. [volume] (Washington, D.C.) 1854-1972, 1936-12-23

With everybody whom he met In
Washington this week Gov. Landon left
the impression of being a cheerful loser
and of bearing without tinge of malice
or remorse the crushing defeat he suf-
fered on November 8. Many Capital
residents had the opportunity of making
the Kansans acquaintance at close range
for the first time. They found him to
be everything his admirers and intimate
friends have always said about him-a
man of conspicuous modesty, transparent
sincerity and personal charm. Politics
was almost entirely taboo, as far as the
Governor himself was concerned, though
he, of course, took occasion to evince
abiding interest in Republican develop
ments. One of the contacts Mr.. Landon
enjoyed most during his brief stay was
a meeting with District of Columbia
party workers under the auspices of
National Committee Members Edward F.
Colladay and Mrs. Virginia White Speel.
Beaming one of his characteristic smiles
upon them, Gov. Landon said: IT want
to thank you for everything you did.
You were in my corner in the first
round"
w
Industrial Organization is battling for
unionism in the steel and motor in
dustries, the International Association
of Machinists appears to be making an
intensive drive to organize workers in
Americas growing aircraft industry.
Substantial results in that direction are
reported to have been achieved in the
big Pratt & Whitney plant at East Hart
fard Nvyhn vfYvNo fol no
cent of $500 employees is said already to
have been unionized. Presumably Or
ganization efforts will be extended to
other aviation manufacturing centers
throughout the country. Leaders of the
campaign declare that sentiment for or
ganlzatton Is growing more favorable
from day to day, owing to realization
among aircraft workers that only
through unionization can wages be in
creased and labor standards improved.
It is claimed that as a result of a union
agreement with one of the most impor-
tant aircraft companies on the Pacific
Coast an extra 100000 a year was
recently added to the pay roll, and the
highest average rate of wage in any
aircraft manufacturing plant thereby
established.
=
This is the season of the year when
many life insurance companies pay an
nual dividends to policyholders. In sew
eral cases the distribution reflects the
effect Of steadily falling interest rates on
investments of fiduciary institutions.
Typical of current conditions is the
public announcement of the New York
Life Insurance Co., which has deemed It
prudent to make some reduction in 1895
dividends" The company quotes the
following statement by Louis H. Pink.
New York State superintendent Of in
surance: mo one knows how long the
present low rates of interest on invest
ments will prevail, but while they are in
force it is certainly the duty of those
intrusted with the peoples funds and
savings to act In conservative manner
to distribute dividends on scale which
can be maintained, rather than to pay
higher dividends than are warranted, on
the assumption that the interest rates
will shortly increase"
Robert v. Fleming, president of the
Riggs National Bank of washington, who
recently retired from the presidency Of
the American Bankers Association,
established . record probably unique
among puhljc man. egpectally In the land