The potters herald. [volume] (East Liverpool, Ohio) 1899-1982, 1938-07-07
The Cherry Tree
Where We Hdtchet Out
The Truth
. STOCK MARKET "BOILS"
. "PLANNED PROSPERITY"
. BAKERS PRAISED
. NO STRIKES
Q KEEP UP TO DATE

Stock market boils upward. Wall
Street casts off it's mantle of gloom,
dries it's tears and actually smiles.
Brokers and their satellites have
something to do beside manufacture
and spread anti-Roosevelt jokes and
quips.
Washington officialdom exudes op-
timism and beams approvingly on talk
that the bottom of the depression has
been reached.
The bottom has been enthusiastical-
ly welcomed more than once since the
present slump began, some II months
ago.
But heretofore the bottom has been
just another step downward.
Now, "at long last," to use the eX-
preston popularized by prominent
ex-king, available facts seem to point
more strongly to the end Of depression
than heretofore.
x X X
Nation has been fooled before on
the end Of depression and may be this
time.
In any case, all the "experts" and
authorities" think the upward climb
will be slow.
That means there will be no immedi-
ate rush to open factory gates.
Unemployment is still the country's
biggest problem and the total of job
less may be even larger before the
summer is over.
Reports from industrial centers all
over the nation continue to tell of
shutdowns, wage cuts and other evil
dence of depression.
The whole picture indicates that the
boys at Washington who "planned
prosperity" did a job far from per-
feet.
One Of the bright spots in the in
dustrial picture is the way the old line
A. F. of l.. unions continue to make
progress despite depression handicaps.
The Cherry Tree has mentioned this
before
1t can stand lot of mention, how
ever.
Bakery Workers International
Union is one Of the outstanding or
ganizations in bettering the condi-
tions of it's members.
From coast to coast, the Bakers have
renewed contracts covering $4,000
workers, with wage increases of from
5 to Is per cent.
That's going some, in these hard
times.
| Amalgamated Association of Street,
Electric Railway and Motor Coach
Employees is another union that has
been going places.
Since last fall, when business
plunged downward, union workers on
only three traction operations have
taken pay decreases. Eighty-four out
of 115 agreements made with employ
ing companies have called for IN
CREASES in pay.
And in no instance has there been
strike.
Through negotiation or arbitra-
tion," says the Union Leader of Chi
cago, thousands of dollars have been
added to the incomes of Amalgamated
Association members in times like
these, without the loss of one days
work or a minutes interruption of
service to the public"
This record requires no comment.
| x x
Railroads are spending less on
maintenance.
That is bad news for public, work.
ers and railroads themselves.
For number of years, American
railroads have made fine records for
safety in carrying passengers and
have cut down accidents among en-
ployes.
They can't keep up the good work
if they let equipment deteriorate.
The disastrous wreck on the Mil
waukee road in Montana, followed a
few days later by lesser wreck on
the same road, is ominous of what is
happening.
Part of wisdom for the railroads is
to strain every resource to keep equip
ment up to standards which have
brought such good results in the re-
cent past.
RAILROADS. AND UNIONS