The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1942-11-03

Set Into The Army
Or So.fo Work
Use Public Power
To Cut Wsr Costs
Happy Picture for
U. S. Tea Tipplsrs
Big Steel Earnings
Trend Upward

By LOU SCHNEIDER
Major Ernest n culligan. d.
rector Of information and public
relations Of selective service, said
. couple Of weeks ago that by the
close Of next year every able
bodied man OF military age must
either Be doing essential work or
b In the armed services-
Donald n Nelson. war produc-
ton chief, said last week that d.
rect war production and the armed
forces combined win engage the
fun time Of better than q third Of
the country's population before the
end Of 1ol3- He included akricul-
tural workers.
Paul v. McNutt. wartime man.
power chief. VIII next week sub
NIT . detailed program 10 provide
for compulsory labor service dur
ing wartime This to offset an ex-
pected manpower crisis between
December and February. Private
sources say the suggested legisla-
ton win be = honey and hit At
some 50. 900 900 men and women
so-get set for an About draft
Of al male and female persons
within military age. II spells out
no ushers In movies. few clerks
IN retail stores. etc. And II means
employment for the older folks
IN commercial and corporate Of
fees a. well a. in banks and
brokerage firms
Minister OF Production David
Lyttelton says that British plane
output now alone far exceeds that
Of the total Axis output of air
craft. Coupled with the huge vol
ume rolling of Uncle Sans pro-
duction lines. II spells out proof
Of the United Nations air supe-
riority.
The White House recently sent
Z letter to all government agen-
cies urging that only the lowest
cost utility power be purchased for
government war production plants.
This means public-owned power
projects get first call. They can
undsrsell private utilities since
they are tax exempt.
Thus privately : owned power
projects--thcse that bear 4 large
measure Of war taxation-get q
kick In the pants despite their war
efforts. Washington's answer. Of
course. win be that there's plenty
Of business for all and that the
White House letter merely sug-
gests way to reduced Uncle Sans
war costa.
The army's quartermaster corps
developed . new method 70 prepare
hams TO take rough treatment and
stiIl remain eatahle- Here's the
recipe: Soak in salt water for two
to four days and then smoke for
u hours at 12s-degree tempera-
ture. Result: The meat Is set to
withstand mold for the long pc
riods required before serving Uncle
Sans fighting men everywhere
United States and Great Britain
concluded Z tea accord which as
sures the nation . ls43 supply Of
5000. 900 pounds which would be
only IS per cent less than 1871
actual consumption. But coupled
with the estimated o.o0o. 900
pounds now in the country. tea
trade informants doubt any short
are next year even after filling
the requirements Of the armed
forces. Therem be no rationing
unless consumers 60 on q buying
spree - they did In sugar.
Az Of Oct /. there were sufi-
cient supplies Of tea IN the coun-
try to i'm al needs through to
March 81. 1913. on the wPB's
quota restrictions Of sales at so
per cent of ls41 volume
It was Sept. %. In Chicago. that
Chairman Irving s. olds and Presi-
dent Benjamin +. Fairiess. Of the
United States Steel corporation,
both replied I'VE don't know where
we stand" to q question on pros
pective earnings. That because
they didn't know what or how the
1912 revenue act would be legs
lated.
u. s. Sfeel's official third quar-
ter financial report showed net
earnings Of II cents a common
share after al taxes and accrued
labor costs on back-pay. Had II
not been for the extra labor charge,
the net would have been S1.7l q
share. The fun nine-months' net
eotaled ISIS . share.
Big steel Il now operating at
capacity, ~ Il did through the
third quarter Taking into consid-
GRAFTON . few additional subsidiary
wage boosts. tlt least $50 q share
may be earned for the final quar-
ter. That would make q 1912 net
Of about $<l65 . share against the
years dividend distribution Of 81.
Here are = few interesting con-
Trusting figures from out Of u s
8teel's nine-monthf financial re-
port: Payroll cost = $534 .00o. 900:
federal taxes - SIS. 500 900; al
other taxes-<54. 900 900: and. prof.
il for stockholders on the corpora
tons all-time peak wartime opera
tions-$z6. 500. 600