Evening star., 1945-11-02
Continued From First Page J

PSA NOAAo PODoAbAC.
The rosy prediction for automo-
bile industry profits was based on
the prospect of sales two-and-a-half
times greater than the 1885, 1899
average, the period used by OPA in
price setting.
The report said a wage increase
without price relief Of Is per cent
was not too much to expect of all
manufacturing industries, although
some individual companies could af-
ford to give more. some less. The
auto industry, better situated than
most. could boost wages Is per cent
without adverse results in the first
postwar year of restricted opera
tions. and further increase Of 10
per cent can be given for 1947 when
production will have reached peak
rates"
Mr. Bowles said that the wage
price policy laid down In Mr.. Tru-
mans radio address Tuesday was
"one more indication of our deter
mination to hold the price line
against imitation"
Some Price Increases Seen.
Some additional price increases
may be required" he said, adding
that since straight time hourly
earnings of most workers have kept
pace with living costs, few would
get a raise under that portion of
the Presidents three-point program
for correcting wage inequties.
The second and third points call
for wage increases to correct in
equities within localities or indus
tries and to attract manpower into
industries vital to reconversion.
Mr.. Bowles said that price increases
necessary to correct such situations
will be small.
The White House announced to-
day that three OF the conference
delegates named by the National
Association Of Manufacturers and
the United States Chamber of Com
n1erce had withdrawn and that
four additions had been made to
| the list.
The three men who withdrew are
Charles E. Wilson, president OF
General Electric: Fuller E. Call.
away, jr., president of Galloway
Mills, La Grange, Ga, and Otto A
Seyferth, West Michigan Foundr,
Co. No reason was given for theil
withdrawal. 60
/. The newly named delegates art
David Sarnoff, president of Radio
Corp. of America; Clifford w. Gay
lord, president OF the Gaylord Con-
tainer Corp: TO. Moore, secretary
and general counsel of the P. H
Hanes Knitting Mills, Winston
Salem. N. c., and Edward j. Rob-
son, jr., Newport News Shipbuilding
and Dry Dock Co.
Speech Won't Be Broadcast.
Eben Ayers, acting White House
press secretary. said the Presidents IS
speech opening the conference at
12:15 pm. Monday would not be
broadcast.
The speech has not been writ
ten yet, Mr. Ayers said.
r. j. Thomas, president of the
United Automobile Workers who
headed CIO delegation which
called on the President today, told
newsmen later he was hopeful
something can be worked out" at
the conference but I wouldn't go
so far as to say something will be. u
Charles E. Wilson, president OF
General Motors, who is advocating
45-hour work week, also saw the
President today with other manage
ment leaders.
He told newsmen the conference
is overlooking unorganized labor
which he said represents 10 per cent
of the workers of the country.
Mr.. Wilson said labor and man.
agement were not coming here tc
make commitments, but to make
plans which would be laid before
the country.
Have "Open Minds"
CIO President Philip Murray and
Ira Mosher, president of the Ma
tional Association of Manufacturers
told reporters they informed Mr.
Truman yesterday they were enter
ing the conference with open minds
The meeting is expected to recon-
mend Federal machinery for han
ding labor disputes and to draft
broad agreements intended to lessen
industrial friction
The NAM sent $4,000 kilograms
to employers asking their views or
creation of new Federal dispute ma
chinery. A meeting of the 18 NAN
and United States Chamber OF
Commerce delegates to the confer
ence was scheduled, by which time
the association hopes to have
enough replies to its query in te
guide policy.
| CIO Delegates Meet.
| CIO delegates also were meeting
today to form its conference policy
The AFL will meet Sunday.
Secretary of Commerce Wallace