The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1942-10-13
TRADE
WINDS"

Uncle Sans 1pfS var program
calls for enormous numbers Of air
planes 10 bomb the AXIS partners
of the face Of the earth-mor,
than the i7s.o 900 promised hy Press
dent Roosevelt. complete . two
ocean navy. equip q multi-milhon-
man army: build a 2o.ooo. ooo-tof
Victory fleet Of merchant ships
FIJI the billions Of dollars Of lend.
lease needs Of the United Nations
and. maintain the barcelona neces-
sites at home to uphold the morale
Of some $4,000. 900 people.
II 10 evident. say economists,
that Uncle Sans war program
calls for = new strategic basic
decision. Reasons Scarcity OF
raw materials and msnpower.
There IL no doubt the first step
will be the budgeting Of manpower
for various war needs. That spells
out SHOWDOWN IN the drafting OF
men for military service.
Great Britain learned its lesson
in Fastening manpower into mill
tary service. Some zoe. 900 have
been shifted back TO industry TO
meet the pressing production needs.
The Office of Defense Transpor-
tations freezing" Of passenger
railroad schedules doesn't phase
the industry as q whole. This IL
the time Of the year when summer
trains are reduced. Winter passen-
ger traffic usually IL slow. except
for that TO southern winter resorts.
They will be hurt by the oDTs
ruling.
General Motors signed q new
wage agreement with the JAW
(CIO) that adds about 500. 900. 900
annually to its payroll of asa. o0t
workers. The breakdown Is s34.-
500. 900 on a AGENT an hour wage
increase, SIG. o0o. 900 under clause
granting two-weeks vacation with
pay to employees with five years
seniority. and a $4,000. 900 wage
boost to some 81 900 women work
ers to bring them up to equal pay
for equal work"
The new wage-scsle contract ex-
pires Oct. 5, 1e43. But since Gen.
eral Motors will come under the
anticipated so per cent overall
federal corporate tax law, II means
Uncle Sam pays about SIS, zoo, 900
of the wage boost VIC the loss of
tax revenues; G. NJ. paying the
balance of only s13,s0o.ooo.
The wPB plans to put into force
a rule that any kind of machinery.
of any firm, that has not been in
war-goods output for three months
and seems likely not to be put into
use for such purpose must either
be converted or broken up for
scrap. That would be a severe blow
to automobile and auto accessory
companies. They have been hold
ing aside a large number of ma
chimes that could be used for
automobile production regardless
of pending styles.
The Mortgage Bankers Associs-
ton of America has been anxious
to get into the drive to sell war
bonds-on top Of what II has been
selling for months. A new plan
was worked out. Instead Of bunch
ing its efforts into a single month,
as did other industries, 1t made up
a long-term campaign The plan
Is for a sales goal of $1,000. 600. 900
In war bonds and savings stamps
by Aug. 81, 1s43.
Uncle Sans synthetic rubber
industry viii be the worlds largest
consumer Of soap-estimated at
about 1oo, 0oo. 900 pounds q year.
Synthetic rubber's raw materials,
butadiene and styrene. are mixed
with a soap and water solution and
then placed in kettles where they
cosgulate into the lstex.
Reports are that: Armour of
Delaware will continue 81 pre-
ferred dividend payments. doing
well on shipments to Great Britain
out Of its South American plants
Powdrell q Alexander TO con-
tinue 15-cent quarterly dividend
payments Atlas Plywood taken
on price dips because Of postwar
prospects; near-term earnings IN