The Wilmington morning star., 1945-12-31
FINANCIAL CHRONOLOGY

ia1s.
IL. Government ends 80 per cent
of export controls.
IA. Automobile production threat
ened by strikes as workers de-
mand 80 per cent wage increase.
Ford Motor Company halts output.
I IS. UAW sets aside 81 million
strike fund; General Motors to be
test case.
16. Steel workers ask rs per cent
wage increase.
II. Attorney general asks that
Aluminium Company of America be
split into several competing COM
panies.
18. Office of economic stabiliza-
ton placed under office of war
mobilization n d reconversion.
United States Employment Service,
WLB and VINO Incorporated with
Department of Labor.
20. OPA increases ceiling of for
eign silver k bisse ETAOIN L
eign silver from IS cents to I'LL
cents per fine ounce.
21. Henry Ford retires as presi-
dent of company; succeeded by
Henry Ford II.
"a. u. S. and Britain sign world
agreement on oil, setting up basic
policy for development of world
resources.
81. President orders end of FEA.
Robert c. Patterson sworn in as
secretary of war.
OCTOBER
I. Vinson asks S. billion tax re-
duction, including repeal of excess
profits tax.
2. Eastern coal output cut al
most one half by strikes.
4. Navy takes over operation of
26. striking oil producing and re-
fining companies.
S. Oil strikers return to work.
Is. Vinson predicts balanced
federal budget of $25 billion in two
years and asks end of excess prof.
its tax.
II. Lewis orders soft-coal miners
back to work Oct. %.
10. Surplus consumer goods dis
posal transferred to RFC subsi.
diary, effective Nov. S.
%. General Motors president
Charles E. Wilson proposes work
week of As or 26 hours with accom-
panying boost of to 8 per cent
in basic wage rate. Western Union
to supplant telegraph wires with
radio.
20. U. s. Steel Corporation re-
jects CIO demand for 81 = day
pay rise.
30. President favors substantial
ly higher wages without price in
creases. Shoe rationing ends.
NOVEMBER
I. Wallace says industry can
raise wages 10 per cent in 1916;
manufa cturing industry, Is per
cent, and automobile industry, an
other 10 per cent in 1947, without
price rise; automobile industry dis
putes his proposal.
2. John D. Small, administrator
of civilian production, predicts Sc
IL billion new construction in 1916.
5. President, opening a b r
management conference, asks la
Dor and management to handle af-
fairs in traditional democratic
way; says contracts must be lived
up. Wallace tells conference basic
wages can be raised in many in
dustries without increasing prices.
IL. Sen. George d., Ga.), chair
man Senate Finance Committee,
predicts another tax cut In 1916.
Wallace urges u. S. aid other ma
tions to abandon restrictive trade
measures; advocates world con-
ference to encourage tariff reduc-
tions, elimination trade barriers;
favors financial aid to other ma
tions as well as Great Britain.
13. Clement L. Attlee, British
Prime Minister, tells Congress his
party plans to establish planned
economy" B. F. Fairless, presi-
dent U. S. Steel, says wage rise i'm
possible without higher prices;
denies union assertion steel COM
panies have hidden profits.
10. President recommends feder-
al system of health insurance,
health research and hospital IA
cilities.
30. Labor-management confer
ence ends without decision.
DECEMBER
3. President asks Congress for
Legislation to set up fact-finding
boards in labor disputes.
S. Wallace advocates free enter
prise to increase production; says
we cannot spend out way to pros
perity.