The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1943-04-03
Net All Workers Are
Union Members
Airpl4ne Production
Al Only 30 Per Cent
Conqressmen Worst
Absentee Offenders
Movie Business Best
In Ten Years
~ LOU SCHNEIDER

other than farm &orkerE= there
are more than $4,000. 900 en-
ployed. The AL says it has
dues-paid membership Of 6.1e4.-
3s2. Assume the clio has as
much and the UNIV has 1000 900,
1t all spells out just 12.3ss. 764.
Add another 2.5oo.o 600 Of railway
hrotherhoods and indie p e n n
unions and the total Is 1900 900.
BASED on Secretary Per-
kins' figures. II means the
ALL. CI0. UNIV leaders are
talking for $4,000. 900 work
erx they do not represent.
The opinion of news correspond
ents is that the labor leaders
aren't as much interested in the
welfare of workers as they are
IN the control of membership dues
since workers must join unions
under our labor laws, that the
take is important money which
ID the root of all labor evil-as
racketeers will certify.
John I. Lewis demand that
foremen In coal mines be elassi-
fled as labor and subject to union
membership does not click with
government labor agencies. The
ruling will beat first opportun-
ity-that these workers are 10
closely identified with manage
ment that they should not be or
ganized.
Lieut.. Gen. william s.
knudsen, army production
chief, says that Americas
nirplane output In now At only
50 per cent of ultimate peak
and asks producers to speed
mp the war effort. That will
he 30 by the close Of the year.
Output now averages about
$500 planes n month.
But how about postwar pros
poets. ask investors. A recent
survey suggests that only one
fifth of the industry's production
facilities viii be required to fill
all needs--military. commercial
and private. Trade insiders agree
It's q reasonable estimate.
Much talk pours out of the
house and senate On possible
legislation 20 stop absentee
Ism In war plants. A check
of congressional attendance
will reveal that the members
themselves rank highest In alb
sentee percentage.
One high In the machine-tool
industry says production now Ia
nine times greater than normal;
that the machines and tools are
good for at least 25 years: that
after the war these viii be avail
able to compete with new equip
ment sales.
The informant suggests that
with such a condition ahead IL
would be wise for the government
TO appoint the industry rs its sales
agent In disposing of the wartime
supplies. The spokesman is #. II.
Chaplin. president of the National
Acme company.
Government figures on amuse-
ment tax receipts. says trade in
siders. do not indicate the actual
business being done by the movie
industry. Fact is that picture
producers are doing better now
than al any time IN more than
10 years Fixed charges are ex-
pected TO be the lowest ever by
the close of the year.
Paramount Pictures Il an
Indication. The organization
II the largest owner of thea
tiers and its income now aver
ages more than 20 per cent
ahead of last year.
Wartime income is being usec
10 clear all fixed debts. leaving
outstanding just the 1854 ,00t
of debenture per cent bonds dus
IN 1856.
The present boom in seeuritie.
Is based on the favorable recep
ton given the official postwar
announcements of Washington
and London. Investors are heart
ened by the fact that the leading
nations are in accord on definite
lines concerning economics. Thii
Is gratifying since il tends q
ward off the devastating world
wide slump that swept the work
after World War I.
II was on Oct. Il last year tina
O New York curb exchange mem
bers1ip crossed hands AZ the al
time low price of $3.50 and tn
low price OF 1e4s Was 81. 5000
Feb. 8. The last sale was mad
at $1,000, and the present bid
$4,000 On an ask price Of s.. 500
Here's the explanation for IN
boom in curb exchange member
ship prices: Total share turnover
up 10 the closing gong of Marc
n, was 16.Ds1 .5s7. This compare
with the total for all of 1e4
which was only 2. 405. $50 shares