Milford chronicle., 1946-11-15

A RESERVOIR OF CUSTOMER DEMAND,
steady and normal and not born of wartime ,starva-
tions, recognized essential if industries to
continue to produce and to provide jobs That's why
management people, with a viewpoint OF longer
range than some labor leaders, seeking to break
the price balloons and the broad market in the
lower income groups.
Another round of national strikes for additional
wage increases the segment of the Nations popu-
laton known as organized" labor certainly doesn't
seem to be the right procedure for this balloon
breaking. If the circle again, large numbers
of the wage earners of America will be caught
in the wage price pncers, in no position to afford
new cars radios, refrgerators, furniture OF homes
Certainly our experiences of last winter show that
wages cannot be increased without drasticaly aft
Getting prices.
When prices go beyond the reach of important
portions of the market for any product, makers
of that product do nothing but retrench There
are layoffs and cutbacks in the industries affected
Idle persons without work for that reason, get no
solace from the fact that their hourly went up
another 20 or 80 per cent short time before the
entire lob faded out from under them. The simple
economic fact is, that the people of this country
now need more goods and not more dollars. Events
of the last year have taugh the hard way, that
it isn't dollar but what dollar will buy that
counts.
EVER SINCE HENRY WALLACE killed little
pigs in introducing the New Deal, the farmers OF
this country have not had square deal from their
Government The farmers withdrew their support
from the Roosevelt Administration, and voted as
A whole according to their intelligent convictions
and in the interest of their country In the Set-up
of the war they have had pretty nearly every sort
of Government bosses that could be thought OF,
including Administrators for conservation and adj
ustment farm security, agricultural marketing, ag-
ricutura research farm CREDIT adjustment agencies,
agricultural chemistry and engineering agricultural
economies, animal industry, dairy industry, credit
Administrations forest service, home economics plant
industry, war boards, etc. Those are samples of
the alphabet regime
But this Government Administration, with all
it's power over labor leaders, has permitted the strikes
in manufacturing plants to go on, and on and on
at a time when farm machinery has been needed more
than at any other time in the history of the Nation
America will go ahead with bang if the Repub-
licans play fair with American industry and pro-
duction and destroy the political gangsters who
call themselves labor leaders. The old law of supply
demand and competition will succeed. 1t is
fundamental policy in free country Let the labor
unions and the employers fight it out-they can b
trusted to serve their country and themselves
AN ARTICLE IN FORTUNE describes the at
titude of Fowler Mccormack, head of Internatona
Harvester toward labor-industry problems. II
agrees with labor's demand for union security, par
ticipation to some degree with management in eco
nomic affairs, and the best possible working condi
tionS, wages hours, etc. But, in return tor this,
feels that three other princp pies be established
Employees be free to join not to join
union; there be recognition of the ultima'
right and duty of management to make managemer
decisions; and there must be reasonable return
invested capital which only be obtained by fu
productive effort of emp loyees. "
These three points of cardinal mportanc
If a man join union before he
living, we are establishing what amounts to a lab
, dictatorship over the most basic of all rights.
management cannot reach and enforce DECISIONS II
owners of industry, whose investments make
employment possible, will be without protectio
And if industry cannot reasonable profit, tt
source of Jobs will eventually dry up-and in Il
long run socialism will be the result, and all lberti
will gradually be destroyed.
Just labor management relations require give al
take Labors recent attitude has entirely disregard
c the rights of business 1t demands everything {
itself and offers nothing to the other side. Tho
are the methods of faScsm-and they can't be tole
ated here.