Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-30
It's News
To Me
By O. ]. Pecord

No sooner had the Jsps dropped their bombs Pearl
Harbor than American people that is all OF them united
themselves purpose of defending their nation ana WIN
ming the war . ~, :. a- ,,o ,ero
stimulated to reach recordbreaking time, production
record which staggered the imagination and amazed not only
the world but ourselves 1t was spiendlo
AS the war progressed and that victory
was reasonably certain of the nations employers
aside their concern and assumed their uaoonal en" "
wards their workers
Labors nosrke pledge voluntarily became the in
vitaton to lot but not ndusrass to needle their
workers and to revenge upon the unions for real or
imaginary grievances when they heia against 'e u00 pm
cipa of which their dislike for the unions
RECONVERsION
When the war had ended industry entered
the period industry protected by the law which
tempt for the workers and the country in general by rese
every attempt made by labor to increase their wages TO meet
the rapidly rising costs of commodities
Great strikes swept the nation major industrial unions
their economic weapon in an effort to force he e @
ployers to give living And labor struck e
United States Treasury handed back to INDUSTRY he aeS
which paid to help deray the cost OF the war A.
strikes Labor gained its wage point but lost because
was hold the price line Wages went up but SO a
prices until the gains were not only completely "po
out but actually passed by prices
AS the struggle intensified the industrial asso
Citations popagand radio commentators and other stooges
of big business the labor unions an attempt
that they druptng the life and business Oh ne
nation and preventing its peacetlme rehaohnaton
POLITICIANS TOO
Reactionary politicians backed by reaconary business
sounded the alarm the nation. The people who voted
minority chatting at the restrictions which prevented them
from getting things wanted voted to eliminate price
control and elected the type of Congress they
thought would take off the brakes
AND prices still continued to mount
The Congress telling the people Of the nation that IL
regulate labor Immediately began to tormu
late laws obviously had been written by attorneys close
to big business.
The new Congress went about its task of eliminating price
controls the nation back to automatic and un
planned capitalism.
Homes which should have been built for thousands of
who needed housing failed to be erected as
Congress business of preparing to the
Taft and Hartley bills the labor unions almost to the
point of utter destruction,
And prices still continued to rise.
Talk depression, fch had marked the 1916 election
became loang department store sales and the
other activities used index of the nations buSi
began to fall Off
Economists began tell the nation there would certainly
be recession.
Labor clamored additional wage to meet the
living costs and prices still continued to rise
Profits for the nations industrial firms reached record
breaking heights
DEPRESSION
Almost Immediately following the Setting of a
workers the spread that
depression coming Prices still the The
of the nations business is diminishing Carloadngs
Sales slowing Inventories growing but the
nations employment is at its highest peacetme level
The fear which had of the not extend
to depression and economic chaos We divided We
fearful We have feeling of anticipation something
which ourselves bring about
Can the nations industry and the control the
life of the nation afford recession depreon
We shall see, what we shall see.