The potters herald. [volume] (East Liverpool, Ohio) 1899-1982, 1940-01-11
The Cherry Tree
Where We Hutchet Out
The Truth
. 1910 OUTLOOK GOOD
q SAY FEDERATION
Q DARK AND GLOOMY
O is OPINION OF CIO


American Federation of Labor is
conservatively cheerful over the econ
omic outlook for 1910.
Not so the Congress of Industrial
Organizations, which sees 1910 pros
poets through glass darkly. 1t
gloomily predicts recession in the
first three months of the year, "bring
ing increased unemployment and dis
tress."
"All signs indicate that the United
States production index will recede
sharply in the first quarter" says a
CIO economic bulletin.
A. F. of l.. thinks there will be
some slackening in the first two
months, with production averaging
about 8 per cent below the high figure
of December, 1889.
'It is not believed" the A. F. of L.
adds, "that this slackening will be
more than a short decline, breath
ing spell as it were while consumers
buy the goods now on the shelves of
the stores and create a new demand"
A. F. of l.. also points out that
business forecasters are now esti-
mating that 1910 production is likely
to average about 5 per cent above that
of 1889.
X X X
The Increased unemployment and
distress prediction of the CIO need
not cause any undue alarm. CIO has
been spreading gloom recently and
the prediction reflects it's pessimistic
state of mind. Things have not been
going to the liking of the CIO, hence
the gloom.
Prophecy is risky business and no
one knows what is going to happen
this year, or even in the first three
months. But the A. F. of l.. survey
of business, in which it's 1910 pre-
diction appears, has made reputation
for careful, thorough analysis Of
economic conditions and trends and
it's forecasts are held in high re-
spect.
The A. F. of l.. survey has called
the turn in the past and it is prob
able that it's forecast will prove sub
Stantlally correct.
In making it's prediction, the sur
vey cites the high level of workers.
buying power in the last quarter of
1889 as an important stimulus to
business. Workers buying power in
this quarter equalled the last quar-
ter of the boom year 1929, it says.
x x x
1t is interesting to see the Com
munist Daily Worker playing up the
doleful prophecy of the CIO, talking
editorially about the Lewis organiza-
tion's "stern warning" and quoting
with especial approval part attack
ing armament expenditures as substi-
tutes for public works.
No one who has looked into the
matter thinks that armament making
can take the place of constructive
public works in making employment
and generally beneftting the nation,
but that is not the primary reason the
Daily Worker is opposing increased
ornaments.
The Daily Worker is primarily
concerned with the fear that the
increased United States armament
might be used to the detriment of
Soviet Russia's ally, Nazi Ger
) many.
AS long as the Communists ex-
pected a war with Germany, U. S.
: armament was o. K, as it might con-
ceivably be used to help Russia and
: the democratic nations against Hitler.
Now that Stain and Hitler are pals,
, the Reds and their American agents
and organs have discovered that it is
bad stuff.
r The Daily Workers editorial on the
| CIO prophecy is part of its recent
campaign against the Roosevelt ad-
ministration and it's labored attempt
to make the American people believe
: that Russia's attack on little Finland
/ is justified.
Up to the signing of the Stain.
r Hitler pacts, American Communists
5 generally supported the Roosevelt ad,
4 ministration. But now that the ad.
+ ministration has shown its sympathy
/ with the democratic nations and its
r adherence of the attack on democratic
e Finland, the Communists here, IL
f obedience to orders from Moscow
have done a flip-fop. They accuse
the administration of "war monger
ing" and other crimes-all because il
$ doesn't approve Nazi and Communis
aggression.
J. The whole performance of thu
g Daily Worker shows that the Die!
+ committee knew what it was talking
. about when it said:
o "a careful examination of the fact!
f justifes the assertion that the Com
munist Party Of the United States il
: a foreign conspiracy masked as po
;, litical party"