Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1948-08-27
INSIDE
AMERICA
(Written by the Staff of
The CIO News)

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PAC researchers have trac-
ed patterns of 1914 and 1946
elections in key districts
throughout U. S. The figures
always show the same basic
facts:
In IA, workers voted. In
AS, workers stayed home
BUT Republicans came out
to the polls in almost the
same number as in IA.
In other words: Democratic
vote fell way off, Republican
vote held solid.
If workers-voters stay home
this November, next Congress
will be even worse than the
awful 80th." If they vote, we
can look for big Improvements
in attitudes and thinking of
congressman.
Results of election will be
decided il your city, your
precinct, your block.
4
Life in Hollywood note:
Dore Schary, new production
boss at Metro Goldwyn
Mayer, has just signed 7-year
contract at $4,000 per week.
In addition, he'll get extra
bonus and expense account"
(non-taxable). M-G-M law
yers explained, with straight
face, that the arrangement
will permit the guy to save
a few buck"
Government economists Of
ten hide important facts with
four-bit words. For instance,
Federal Reserve Board has
reported that one out of every
four families in America is a
"dis-saver."
What's a dis-saver? He's
someone who spends more in
the course of a year than he
earns - and makes up the
difference by Withdrawals
from savings kitty or by bank
loans.
Figures also showed that
big share of the 13,500,000
dis-savers earned less than
$4,000 a year. It's largely a
result of steeply rising living
costs - and unless initiation
is checked, IL spells trouble
for many American families.
r v r
That old debbil initiation Is
already cutting sales and rob-
bing workers of jobs. In New
England and the South, thou
sands OF textile workers are
on a four-day week. The rea-
son: production has dropped,
at very time the industry is
reaping record profits.
Influential Wall street
Journal quoted one textile au-
thority as blaming slack in
output on foolish attempts
to keep prices of goods up"
Industry executive talk of
consumer resistance to
prices" The customers, beset
by high food and shelter costs,
just don't have the mazuma to
spend on high-priced textile
products.
Evidence piles UP that cor
porations have never had il
so good.
Federal Trade Commission
study of 508 companies in rs
industries found that only two
OF the industries are less pro-
fitable than in 1910. (The two
that have slipped are engines
and turbines; snuff and plug
and smoking tobacco.)
For others, boom is on in
high gear. Profit return on in
vestment ranges between
1927 and 24.9To a year. Pre-
war, firms felt happy when
they made 81 to 80.
Figures make mince-meat
OF NAM propaganda that cor.
porations are barely getting
decent profits!
Il
Taft Hartley lied Labor
Board really showed its teeth
in unanimous decision order
ing an end to maritime unions
hiring-hall set up. ONIONS
will take decision to the
Supreme Court.
Hiring halls have been re-
peatedly hailed as one of ma
jor reforms secured by unions
In the water front industry.
Union members names 60 on
rotating list to fill Jobs;
everyone automatically gets
equal share of work.
It's a long step away from
old-time "shape-up," where