Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1946-07-12
Whats
New?
By
EdWdrd Duck
Representative
2>B
UAW-CIO
THE THREE BEARS

They didn't eat the porridge,
nor sit in someone else's chair.
No, not that. They merely
held up postwar prosperity
for all of US. That's all.
You don't hear much about
these bruins, but from the re-
cent turn of events even their
best friends will tell them
that they have abused the
privilege of running wild.
Their names are Fear,
Greed, and Shortsightedness.
They belong to the family of
Big Business. Let's talk about
Fear first.
Back in the days of shrink
Ing bellies and empty dinner
tables a man who had just
been elected to hold the
toughest job in the world
made the statement, "We have
nothing to fear but fear itself"
After Harding, Coolidge and
the Unmentionable Herbert
had made such a mess of
things, it was little wonder
that people were afraid. But
the industrialists forgot their
fear when Roosevelt hinted of
profits. That left small busi-
ness and the wage Garner in
the fearing category. For
some reason they are better
off fearing. Maybe they en-
Joy it, anyway. From the
looks of things, they do, be-
cause evidently they'd rather
be afraid of the future than
make their own future. (Some-
body elected Ramey, Taft, ct
al, and / know it wasn't meD
The world is abundant with
markets for everything imag-
Unable. Materials and man.
power are available. People
are yearning for everything
from soup to nuts. They want
new cars, radios, clothes,
houses, everything.
FEAR
Capital is afraid. Afraid of
what? Don't tell us that the
same capital that made the
United States of America the
envy of the world, industrially
speaking, is afraid at a time
like this!
Big business wants guaran-
tees. Big business already has
two years worth of guaranteed
profits. 1t has plants-nice
new ones - paid for by the
people. What more does 1t
want?
II is afraid that it will not
be guaranteed profit at each
and every step 1t takes. 1t
realizes that the greatest prof
its can come only from the
greatest volume OF business,
and that the greatest volume
OF business can come only
from low prices. Still it wishes
to cash in quickly, TO make
a killing" as it were, from
the ready market of anxious
consumers.
So you see, its fear is tied
In with the second little
bear" Greed. And its lust for
greed is due to the third ted
dy, "ShortsightednesS."
GREED
Big business cannot resist
the opportunity to take ad-
vantage of the people. In do
ing so, 1t passes up the golden
opportunity of creating lasting
prosperity which can benefit
all the people of America and
even extend its influence
throughout other parts of the
world.
During the war big business
made bulouS profits.
Through the rich contracts
paid for by the taxpayers
many a large corporation has
expanded beyond belief. In
failing TO utilize their facilities
TO the utmost, and not pro-
ducing the things which the
people are willing to purchase
at a decent price, they are
back that prosperity
which promises TO be gener-
Gus to everyone, including big
business We might say
especially big business.
SHoRTsIGHT
BY its omissions and COM
business is commit
ling a crime against society.
But it is not on this basis that
we approach corporate in
because these crimes
against society have been COM
mitted before without qualms
Of conscience on their part.
1t is from their own selfish
standpoint that we suggest to
hem that they get busy and
set the wheels of progress
spinning. If they do not. the