The potters herald. [volume] (East Liverpool, Ohio) 1899-1982, 1942-04-16
The Cherry Tree
Where We Hdtched Out
The Truth
. ARNOLD IN AGAIN
. 10 YEARS LATE
LABOR MAKES CONCESSIONS
. DESERVES GOOD NAME

. DESERVES GOOD NAME
Mr.. Thurman Arnold bobs into the
news again. This time he pounces upon
Standard OIL which has been pounced
upon by many man since Kennesaw
Mountain Lands handed down his
famous $29,OOO,OOO fine.
The story now is that Standard ell
tered into an agreement of patent pool
ing with the German outfit known as
I. G.. Farbenindustrie. Can there have
been any doubt about that?
Mr.. Arnold may not have known it,
but somewhere about ten years ago
stock statesmen were Fostering Wash
ingtOnians and probably residents else
where, to buy l. G. Farben stock and
a part of their sales talk was that
Farben and Standard had entered into
a pooling agreement which gave both
companies great things.
This happened before Hitler, during
the days of the Republic in Germany.
And probably a good deal of the
stock in the German company was
sold to Americans who lost most of
their holdings, or the value thereof,
after Hitler made it impossible to ship
dividend money out of Germany.
X X X
SO, we had to wait until the emerg-
ency of war to find out that this pat
ent partnership, for it was no less,
had become violation of our laws
E.,r1 al.i inc
Improvement on the process, was sup
posed to have been part of the advan-
tage gained by Standard. There were
many highly important processes COW
cred in the pooling arrangements and
the German outfit was represented to
have got at least an even break in
the trading.
SO good was the going that Farben
was paying dividend of 10 per cent,
until Hitler closed the German borders
to the export of money for dividends
and other purposes.
And when that happened the bottom
dropped out of the value of Farben
stock in the United States-kerplunk
But is has taken long time for Mr..
Arnold to find out that such things
had happened.
Perhaps he had been too busy going
after labor unions. Who knows?
X X X
And, speaking of labor unions, it
begins to look quite definitely as if
the campaign to get Congress to wipe
out progress is doomed to fail. That
is all to the good.
1t doesn't seem possible that many
can believe the great campaign against
labor was an honest and sincere
growth. 1t had too many of the as
poets of a planted and carefully guided
propaganda move-a part of the divide
and conquer game.
But plenty of the less astute MEM
bers of Congress We're ready to fail
for it,
Because there are plenty of them
who would take Il crack at labor at
any hour of the day or night, they hate
it so, even if the country suffered by
he act.
Labor has made good many con-
cessions so far and it probably will
make more. The best way to force
labor TO get its back up and refuse to
make concessions to win the war is to
start to take away its proper rights.
Then labor will fight, because there is
nothing else it can or dare do.
X X X
Labor hasn't been too good at telling
| its own story of what it has given to
| help win the war and it probably
| won't get much better at il.
| But if the story could be told there
| isn't much doubt about labor running
| far ahead of employers in the matter
of giving all-Out effort to win the war.
Where have you heard of employers
| chipping in out of wages TO buy Il
| bomber for Uncle Sam?
There's Il lot of old saying about
| giving dog bad name. He then has
| nothing else to live up to. But give
! him good name and see what he has
| to live up to.
Labor deserves Il good name a
mighty good name. And then see what
it will have to live up to!
| 1t will do it, too, just as it has
been doing.
| Give labor whale of a good name!
| 1t will help win the war.