The Wyandotte news-herald. (Wyandotte, Mich.) 1943-1963, 1945-10-04

AOA VIC vastly uICIcdScU pdyTOll llSL
including returned veterans?
Again it is undiSputed that no.
body knows. Every department OF
management. however, is now de-
voting its best efforts to that end
How can postwar contracts be
obtained? We are optimistic in the
belief that if common sense and gooC
judgment are exercised by all par
ties involved, We can get our share
and more OF business, and attain
levels of peacetime business beyond
any previous peacetime record OF
the company. To get this business
in preference to our competitors, in
Guiding all of the large companies
in the brass industry, we must be
able to sell goods of equal or bet
ter quality at the same or lower
price We think these facts are I'M
disputed also.
Can it be questioned that prices
are dependent upon costs? We all
know that the government has per-
mitted no increase in the selling
prices of our products from 1941 to
date. We are still compelled to sell
at 1941 prices despite substantial
wartime increases in all elements
of cost.
Realizing all business difficult
ties, we are nevertheless confident
that the company can maintain ano
improve its place IN the brass in
duStry if given a fair chance. The
next OF months are months OF
uncertainties, - uncertainties as tC
costs, as to prices. as to productive
ness, and a to business obtainable
The greatest concern to the company
and to its employees is that the cpl
demic Of strikes now sweeping the
country might unnecessarily strike
down our business effort, cripple ouI
company, lose our customers and i'm.
pair, if not destroy, our ability tc
provide jobs"
higgins points out that there has
never been a strike in this com
pany" over such matters as union
contracts or wages" They have
always been settled by the common
sense method of collective bargain
ing with the aid, where necessary
of the War Labor Board, and We
believe We can jointly continue tC
settle these matters by the same
methods"
Neither should there be strike,
over grievances, higgins maintains
as the company has been willing
and offers to submit to fair and i'm
partial arbitration any pending dis
putes over disciplinary action" Car
any fair minded person say that thi,
is not proper way to settle such
matters, rather than by engaging
in an economic war, which like al
wars, results in a loss to both par
ties?"
That the present postwar perioc
Is one of widespread confusion is
evident to any observer.
Some of the self-evident truth:
surely must include the following:
First, war is an economic para
dox in that it creates false and arti-
fetal prosperity instead of true anC
natural prosperity. To safeguard the
people from enSlavement by aggreS-
sorS, government takes over all pro.
duction for war needs. PayrollS are
financed largely by adding to the
national Indebtedness - borrowing
from the future.
/ Second, real prosperity is brought
about only by natural increase Of
production due to greater industrial
efficiency machines and men
This prosperity is measured, not II
terms Of money, but in an abundance
of goods with which to crafty want.
Of the people.
Third, consuming power ultimate.
ly comes from production. In the
long run. increased production mean:
increased consumption.
The military war is over. II We
are to attain prosperity without
bankrupting ourselves by disastrou!
Indebtedness and costly initiation
we must return to the fundamental
A-B-Cs of economics.
The Gerald L. K Smith route i.
one Of sheer nonsense - the roaC
to ruin.
The F. L. higgins route is one Of
plain, old-fashioned common sense
the road to prosperity through 6
cooperative partnership of manage.
ment and worker whereby differ.
ences are settled by collective bar.
gaining and impartial arbitration.
To which voice would you be will.
ing to listen and to follow?
At this period Of our journey dowr
the path from war to peace, We
come to the end Of a false pros.
perity that was made possible no
by consumer purchases but by add.
ing q BILLIONS to our indebted.
ness-by borrowing from ourselves
Surely now, If ever, is the tim,
when We should think before We act